Business
Business
Exports again fall short of target
Islamabad: Pakistan’s export of merchandise fell short of target by over $2.8 billion in the outgoing fiscal year. It was…
Index plunges by 193 points on foreign selling
Karachi: Stocks drifted lower for the third consecutive day on Friday on account of unabated foreign selling, with the KSE-100…
SBP injects Rs668bn into banks
Karachi: The State Bank of Pakistan (SBP) injected Rs667.8 billion into the banking system on Friday to meet the liquidity…
Govt to recover all circular debts through consumer tariff
Islamabad: The government and regulators have decided to settle all outstanding gas receivables and electricity circular debt against lower international…
Foreign exchange reserves near all-time high
Karachi: Pakistan’s foreign exchange reserves hit a four-year high of $18.20 billion on Thursday after the State Bank of Pakistan…
Index sheds 254 points on profit-taking
Karachi: Stocks remained under pressure on Thursday, as the KSE-100 index opened in the red and after a volatile trade…
Mobile phone imports up by 15.86% in 11 months
The mobile phone imports into the country increased by 15.86 percent during first 11 months of the year 2014-15 over…
Smooth rollover helps index recover 198 points
Karachi: Stocks staged strong recovery on Wednesday with the KSE-100 index adding 198.10 points (0.58 per cent) to close at…
Govt must save textile exports: PTEA
Lahore: The Pakistan Textile Exporters Association (PTEA) on Wednesday urged the federal government to save textile exports from consistent decline,…