Business

Business

Banks’ equity base rises above Rs.1trillion

The State Bank of Pakistan has come out with strong support for the banking system, saying no-one should undermine its…

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SBP issues fresh guidelines for write-offs

The State Bank yesterday directed all banks and development finance institutions (DFIs) to continue with their policy of writing off…

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PCEC to cater to Europe as well

The Pakistan-China Economic Corridor (PCEC) will also cater for needs of Europe as it will reduce the distance by 9,000…

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Industry expands a mere 1.86% in July-Sept quarter

Large-scale manufacturing (LSM) posted a meage growth of 1.86 per cent during the first quarter (July-September) of this fiscal year…

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Bears at KSE: index dips 177.88 points

It was a gloomy start to the week with the KSE-100 index showing a loss of 177.88 points or 0.56…

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NEPRA cuts power tariff by Rs0.47

Prime Minister Nawaz Sharif  on Monday welcomed the National Electric Power Regulatory Authority’s (Nepra) decision to cut down the electricity…

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Decline in FFBL profits

Depressed primary margins on di-ammonium phosphate because of higher phosacid prices and incomplete gas infrastructure development cess on urea to…

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Rationale of sugar exports

Strong carryover-stocks plus estimates of surplus production this year have led the government to allow limited export of sugar. But…

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Super Asia: A profile

When Mian Mohammad Din from Gujranwala made Pakistan’s first local washing machine almost 40 years ago, he didn’t have the…

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