Business

Business

Profit-taking pulls bears back

Stocks came under selling pressure yesterday with the KSE-100 index retracing its steps back from the 32,000 level, representing a…

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Power sector receivables cross Rs577bn

The power sector total receivables have risen to Rs577.330 billion in the first quarter (July-September) of this fiscal year, as…

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Confusion reigns over gas supply to textile industry

Confusion has increased in the gas sector as the government is still uncertain if it can accommodate the textile industry's…

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Private sector borrowing in decline

Private sector has further been sidelined as their borrowing from banking system fell to Rs8 billion in four months of…

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FPCCI inks agreement with Shanghai Chamber of Commerce, China

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) yesterday signed an agreement with Shanghai Chamber of Commerce China…

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High growth in phutti arrivals

There seems to be no end to the falling cotton prices in the local as well as world markets amid…

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“Non (tax)filers to be penalised”: FBR

The Federal Board of Revenue (FBR) yesterday urged all taxpayers to file income tax returns by Nov 21 (electronically/manually) to…

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Pakistan stocks cross 32,000-mark in record bull run

Pakistani stocks crossed another milestone yesterday, with the benchmark Karachi Stock Exchange (KSE) 100-index crossing the 32,000-point mark for the…

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Ghazi Fabrics plans 8.1MW power plant

Ghazi Fabrics International Limited, a listed company, has decided to set up 8.1 MW heavy fuel oil based captive power…

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