Business

Business

Unclaimed dividends to move to govt fund: SECP proposal

Share dividends not claimed for five years will be transferred to a government fund according to a proposal to deal…

2 Min Read

Good Augury: KSE starts new year with a Bull rampage

The stock market closed the first day of the new year with substantial gains, rallying on a lower-than-expected inflation reading…

1 Min Read

PSO skips Jan 2015 fuel oil imports for first time ever

Pakistan State Oil (PSO) is skipping January imports of high sulphur fuel oil for the first time and is reducing…

2 Min Read

Karachi Stock Exchange ends year on a high note

For the third year in a row, Pakistan equity markets provided healthy returns to the investors. The KSE-100 index added…

1 Min Read

5% increase of GST on POL products challenged in LHC

The Federal government’s decision to impose an additional five percent general sales tax (GST) on prices of petroleum products (POL)…

1 Min Read

Tough anti money laundering bill on the cards

In an attempt to bring improvements in existing laws and fix loopholes in the Anti-Money Laundering Act 2010, the government…

1 Min Read

President declines to continue the provision of 650MW to K-Electric

President Mamnoon Hussain has declined to support the continuation of 650MW of power supply to the K-Electric company from the…

2 Min Read

GST on POL products increased to 22%

The federal government earlier yesterday increased sales tax on petroleum products by five per cent, effectively depriving consumers of an…

1 Min Read

PM wants generation of low-cost electricity

Prime Minister Nawaz Sharif earlier today  called for gearing up efforts to generate low-cost energy in order to make it…

1 Min Read