Business

Business

KSE Watch: Bull run continues

The index continued its bull run as it ended yet another day on a positive note. While late profit-taking trimmed…

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PTA to hire consultants for selling mobile broad band frequencies

Pakistan Telecommunication Authority (PTA) is in the process of hiring consultants to sell licences for one frequency slot in 1,800…

3 Min Read

Agri credit disbursement up to Rs219.5b in first half 14-15

 Agricultural credit disbursement increased to Rs219.5 billion in the first half 2014-15, which constitutes 44% of the overall annual target…

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Sugar Row: Mills & growers offered compromise

The Sindh government offered yesterday to reduce the minimum purchase price of sugarcane to around Rs168 and Rs170, down from…

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Massive govt. borrowing from pvt. banks creates liquidity crunch

The government borrowed extensively from the market (scheduled banks) rather then the SBP, as a matter of policy in the…

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“FIs must treat their consumers fairly” SBP Chief Ashraf Wathra

 Financial institutions must ensure that their consumers are treated fairly, the State Bank’s governor said yesterday emphasizing that increase in…

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KSE index touches all time high

The Karachi Stock Exchange (KSE) rose 286 points or 0.85 per cent yesterday with the benchmark 100-index reaching an all-time…

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richest 1% of the world own more then 99% combined

Wealth accumulated by the richest one per cent will exceed that of the other 99pc in 2016, the Oxfam charity…

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Draft Textile policy approved by Fed. Textile Ministry

A high-level meeting approved the draft textile policy and hoped it would be tabled for discussion next time the Economic…

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