Business

Business

Wrong figure plunges stock market into chaos

The stock market yesterday was a picture of complete chaos and confusion. As nervous investors scrambled to offload the benchmark…

2 Min Read

Pakistan Steel cuts production target by 10%

Pakistan Steel has revised its production target for November to 50 per cent from 60pc set by the government. “With…

1 Min Read

Foreign reserves fall to $13.228bn

The country’s total liquid foreign exchange reserves declined to $13.228 billion during the week ending November 14 compared to $13.267bn…

0 Min Read

Textile exporters slam 3 month gas plan

Textile exporters strongly condemn the three month gas suspension plan for industries in Punjab, saying that the move will adversely…

1 Min Read

Bears run riot at KSE

Stock market came under 'bear attack' as panic gripped investors who decided to book profit in the lead of mutual…

1 Min Read

Letter of Interest for 660MW coal power project in Thar signed

As government issued letter of interest (LoI) for setting up a 660MW coal power project in Thar to be completed…

2 Min Read

Cotton prices fall for third consecutive day

Official spot rates of cotton were lowered for the third consecutive day yesterday and most deals on ready counter were…

1 Min Read

S&P affirms Pakistan’s long-term rating ‘stable

Standard & Poor’s (S&P) Rating Services has affirmed ‘B-’ long-term and ‘B’ short-term sovereign credit ratings on Pakistan, adding that…

1 Min Read

Pharma industry in favour of reference pricing system

National Health Services (Regulation and Coordination) Secretary Ayub Shaikh said that DRAP had given three proposals: reference pricing, cost plus…

1 Min Read