Business
Business
Energy constraints risk to Pakistan’s recovery: WB
Islamabad: The World Bank on Tuesday said Pakistan’s economy is showing signs of sustained recovery, nevertheless energy constraints and weak…
Profit-taking drags index further down
Karachi: The KSE-100 index slipped by 138.58 points, or 0.43 per cent, on Tuesday to close at 32,109.87. Investors’ interest…
Merchandise exports fell by 13pc in March
Islamabad: Export of merchandise fell by 13.44 per cent to $1.932 billion during March 2015 from $2.232bn in the same…
KCA alarmed over proposed sales tax
Karachi: The Karachi Cotton Association (KCA) has expressed concern over government plans to impose sales tax on cotton in budget…
Dollar falls after US retail report disappoints
New York: The dollar weakened against other major currencies Tuesday after a US March retail sales report missed expectations, showing…
IDR rises to 67pc in March
Karachi: Investment-to-deposit ratio (IDR) of banks in Pakistan increased to 67pc by the end of March from 59 per cent…
WHT accounts for 65pc of Rs275bn IT collection
Islamabad: The easy-to-collect withholding tax continued to be the leading source (65 per cent) of the ‘income tax’ receipts during…
IPPs to be charged $14 per mmbtu for LNG; CNG sector slams curbs
Islamabad: The Independent Power Producers (IPPs) would be charged a price of $14.02-15 per mmbtu for the Liquefied Natural Gas…
KSE suffers 81pts loss; 100-index drops to 32270pts
Karachi: The Karachi Stock Exchange remained in bearish mood on first trading day as benchmark KSE 100-index fell 0.25 per…