Business

Business

Oil prices drop as dollar firms on Greek bailout deal

Oil prices slipped Monday as traders weighed reported progress in negotiations on Iran's nuclear program, Greece's tough bailout agreement with…

2 Min Read

Merger of regulators

IN an interesting development, the federal government has gotten ‘silent’ approval from all the provinces to move forward with its…

7 Min Read

No threat to industry from NPL issues

Over the past few years, the banking industry has emerged as one of the better performing sectors of the economy.…

7 Min Read

Govt raises Rs99.8bn from T-bills

THE central bank, by rejecting bids that demanded higher yields during the Treasury bill auction last Wednesday, was able to…

4 Min Read

Rupee marginally up against dollar

The rupee managed to appreciate marginally against the dollar last week, as the reserve currency was said to be in…

4 Min Read

Russia’s Rostec expects to ink gas pipeline agreement with Pakistan

Moscow : Russia's Rostec state corporation says it expects to sign a document for the construction of a gas pipeline in…

1 Min Read

Bank transactions tax reduced from 0.6% to 0.3%

Islamabad: The Federal Board of Revenue and members of the business community reached an agreement on Thursday to reduce withholding…

1 Min Read

Stocks extend overnight losses on profit-taking

Karachi: Stocks continued to decline on Thursday, with the KSE-100 index giving up 181.70 points (0.51 per cent) to settle…

2 Min Read

ADB signs Rs218m loan accord on flood recovery

Islamabad: The Asian Development Bank (ADB) has signed a $218 million loan agreement with Pakistan for the Flood Emergency Reconstruction…

1 Min Read