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Opposition’s tax proposals ignored
Islamabad: The government has ignored 11 tax amendments proposed by the opposition parties in the Finance Bill 2015-16. Federal Board…
Returns on treasury bills keep moving up
Karachi: Cut-off yields on treasury bills have started moving up as the market again witnessed an increase of up to…
Rs100 Asaan accounts introduced for unbanked
Karachi: The State Bank of Pakistan (SBP) on Tuesday issued guidelines for opening Asaan accounts with simplified due diligence and…
Stocks extend slump on futures rollover pressure
Karachi: Equities fell for the second day, with the Karachi Stock Exchange’s (KSE) benchmark 100-share index retreating by 144.59 points…
All Banks to start fresh currency notes from June 25
The State Bank of Pakistan (SBP)will issue fresh currency notes through commercial banks from June 25. In a statement issued from…
Stocks fall by 248 points on profit-taking
Karachi: Stocks tumbled on Monday as the KSE-100 index rolled down by 248.28 points (0.72 per cent) to close at…
Non-textile exports dive in July-May
Islamabad: Pakistan’s export of non-textile products witnessed a negative growth of 9.62 per cent during the first 11 months of…
Oil prices down in Asia
Oil prices fell in Asia Tuesday, with the possible return of Iranian crude to the global market stoking further concerns…
WB to release US$ 500 mln for Pakistan
The World Bank Vice President for South Asia Region Ms Annette Dixon said on Monday that the Bank would release…