Business
Business
Projects worth Rs538bn approved
Islamabad: The Executive Committee of the National Economic Council (Ecnec) on Wednesday approved Rs538.5 billion worth of 10 development projects…
Stocks falter again despite foreign buying
Karachi: After a strong start on Wednesday, the stocks relapsed and the KSE-100 index closed with a loss of 108.36…
SBP surprises currency dealers with 1pc margin
Karachi: The State Bank has allowed exchange companies to charge up to one per cent as spread between buying and…
Dealers charging premium for new motorbike
Karachi: Some dealers are charging “premium or on money” on spot sale of newly launched locally assembled Japanese bike as…
Govt, IMF agree plan to end Rs600bn circular debt
Islamabad: Pakistan and the International Monetary Fund (IMF) have agreed on a plan to end the power circular debt through…
Index recovers 517 points on improved sentiments
Karachi: Stocks staged partial recovery on Tuesday as the KSE-100 index recouped 517.44 points (1.59 per cent) to close at…
Accord reached with IMF for release of $506m tranche
Islamabad: The government reached an agreement with the International Monetary Fund on Monday for the disbursement of a tranche of…
Equities nosedive by 1,024 points
Karachi: Shares at the Karachi stock market came crashing down on Monday, with the KSE-100 index posting a massive loss…
First export ship leaves Gwadar
Gwadar: The Gwadar Port, which started its operations about eight years ago, for the first time on Monday handled commercial…