Business

Business

Govt puts off gas tariff hike till July

Islamabad: The government has postponed gas tariff increase until July 2015 and also given a commitment to the International Monetary…

5 Min Read

Dollar rallies as investors look past poor US jobs data

New York: The dollar rose against the euro and the yen for the second straight day, gaining back more ground…

2 Min Read

stocks add 338 points despite foreign selling

KARACHI: Stocks rallied for the fifth consecutive session on Monday with the KSE-100 index up by 338.21 points, or 1.08…

2 Min Read

Pak-Indonesia trade reaches $2.2bn

HYDERABAD: The bilateral trade between Indonesia and Pakistan has shot up by 215 per cent from $700 million in 2010…

1 Min Read

SBP to monitor derivative transactions

KARACHI: The State Bank announced on Monday to keep a tight control over the “derivative transactions” as these were behind…

3 Min Read

Non-release of funds: Majority of development projects in doldrums

With huge revenue slippages and substantial additional expenditures arising out of security operations and the resettlement of displaced persons, the…

6 Min Read

Rupee report: Rupee mixed against dollar

The rupee gave a mixed performance against the dollar last week. It fell in the first couple of trading sessions…

4 Min Read

HBL in the spotlight

With an asset base of a mammoth Rs1.77trn, Habib Bank Ltd is currently involved, at various stages, in potentially acquiring…

7 Min Read

Interest payment on domestic debt up 18pc in July-Jan

KARACHI: Interest payment on domestic debts showed a growth of 18.2 per cent during July-January period of 2014-15. The government’s…

2 Min Read