Business

Business

Saving schemes exceed target, net Rs172bn in July-Nov

The Central Directorate of National Savings (CDNS) realised Rs172 billion as savings during the first five months of this fiscal…

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Bank Islami plans Rs4.3bn worth of share issue

Bank Islami Pakistan is awaiting regulatory approval to issue shares worth Rs4.3 billion, the lender said in a bourse filing.…

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Bulls Return: Index adds 381 points to overnight rally

Stocks extended gains yesterday  with the KSE-100 index adding 381 points or 1.22 per cent to close at 31,680.72. Investors…

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“No additional bond launchs in FY15”: Ishaq Dar

Pakistan will not launch any more conventional or Islamic bonds on the international market until June 30, 2015 and will…

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Power Consumers To Pay Additional Rs1.2bn As Govt Diverts Gas To Textile Industry

The power consumers will be paying Rs600 million per month during this winter, for minimum two months, even without using…

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FBR urged to fix ‘erroneous’ tax cases

The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to exclude the tax cases erroneously…

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Sindh govt. yet to resolve sugar price dispute

The Sindh government yesterday failed to resolve the sugar price dispute between growers and millers as both sides were rigidly…

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Cotton trading down

Trading on the cotton market slowed down yesterday because of rising political uncertainty, and depressed demand for lint in the…

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Stocks up by 102 points

Stock rallied yesterday  with the KSE-100 index remaining in the positive-zone for most of the day with closing seen higher…

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