Business

Business

Large-scale manufactuering expands by 2pc in July-Oct

Large-scale manufacturing (LSM) posted a paltry growth of 1.95 per cent during the first four months of this fiscal year.…

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Weekly inflation dips another 0.22pc

Weekly inflation for combined income group, measured through the Sensitive Price Index (SPI), witnessed a slight decline of 0.22 per…

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Stock index rises by 184 points in overnight rally

Stocks extended the rally yesterday with the KSE-100 index adding 183.70 points to close at 31,011.15. Investors were relieved over…

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ECC allows NBP to invest Rs.6.5bn in its Bangladesh branch

The Economic Coordination Committee of the Cabinet (ECC) on Friday has allowed National Bank of Pakistan (NBP) to invest Rs. 6.5…

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Nepra approves Rs2.97 decrease in power tariff

The National Electric Power Regulatory Authority (Nepra) earlier today approved a Rs2.97 per unit cut in power tariff under the…

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Cotton market lacks buyers

The cotton market had few buyers yesterday in the aftermath of schoolchildren’s killing in Peshawar. Floor brokers said sentiment in…

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Stocks recover on political stability

Stocks recovered some of the earlier sessions’ losses yesterday with the KSE-100 index closing higher by 160.31 points, or 0.52pc,…

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Hotel industry hurting because of terror outrage

The Peshawar tragedy has shaken the hotel industry as foreigners are checking out, events are being cancelled out and movement…

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Reserves increase to $14.04B

The country’s total liquid foreign exchange reserves increased to $14.042 billion during the week ending December 12 compared to $13.922bn…

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