Business
Business
PRL doubles petrol output to 24,000 tonnes
Karachi : Pakistan Refinery Limited (PRL) has started its isomerisation plant which is set to double the refinery’s monthly petrol…
Individual investors help index gain 208 points
Karachi: The stock market staged strong rally on the first trading day of the week (Monday) as the KSE-100 index…
Cotton prices rise slightly
Multan: The cotton market remained stable on Monday amid slight increase in prices. The Karachi Cotton Association (KCA), however, revised…
Dar signs AIIB articles of agreement for Pakistan
Beijing: President Xi Jinping said on Monday the signing of the Asian Infrastructure Investment Bank (AIIB) agreement is a historic…
Rising asset quality concerns for NBP
As the broader banking industry has only recently started recovering from the loan losses ‘that arose following the global economic…
Aptma decides to shut textile mills
Lahore: The Chairman of the All Pakistan Textile Mills Association, Mr S.M. Tanveer, said on Sunday that the association had…
Dollar inflows stabilise rupee
Ample dollar supply in the local currency market was said to have stabilised the rupee last week. The country’s forex…
Govt raises Rs89.6bn from T-bills
The government raised Rs89.569bn from the auction of Treasury bills of various tenors on June 24. A slight rise in…
HSBC Bank Oman agrees to sell Pakistan business to Meezan Bank
Dubai: HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank , a sharia-compliant Pakistani…