Business
Business
IMF refuses to relax fiscal deficit target
The IMF has not approved any relaxation in the fiscal deficit target, says Jeffrey Franks, outgoing mission chief for Pakistan,.…
Govt demands K-Electric stop using National grid power
The standoff between K-Electric and the water and power ministry continues on as the ministry said it had demanded that…
NBP Bangladesh: NA asks NAB to probe fraud of Rs.18.5b
A Forensic audit report holds 61 officials responsible for the loss of Rs18.5 billion in Bangladesh operations of The National…
KSE market Watch: Stocks remain stable
The trading in equities opened positive yesterday and continued to push the market to fresh highs with the benchmark index…
SBP taking extreme measures against counterfeit currency: SBP acting govornor
State Bank of Pakistan (SBP) Acting Governor Saeed Ahmad has said that some anti state element are spreading counterfeit currency.…
K-Electric to test 7 year tenor for largest ever corporate sukuk
Karachi-based utility K-Electric will test a seven year tenor for its latest Islamic bond, a Rs22 billion ($217 million) transaction…
Local consumers forsee lower inflation claims survey
According to a recent survey the general public is expecting low inflation in the coming months Lower expected inflation for the…
Pakistan has lowest POL prices in region: Information Minister Rashid
While addressing the media in Islamabad yesterday, the federal Information minister Pervaiz Rashid, justified an increase in sales tax by…
Apple roars back to close smartphone gap with Samsung
With its hot-selling large-screen iPhones released last year, Apple has roared back to the top of the pack with South…