Business
Business
Karachi seen as major hub for transit trade
Experts convened at a seminar yesterday shared a unanimous perspective on Karachi's potential to evolve into a significant hub for…
FDI plunges by 80pc in July
Foreign direct investment (FDI) fell sharply in the first month of this fiscal year, indicating that the government has failed…
IMF urges State Bank autonomy/resolution of political crisis
A unilateral statement released by the International Monetary Fund after the end of the fourth review of the $6.8 billion…
Disbursement of $550m IMF tranche likely next month
With two more waivers for non-compliance, the government and the International Monetary Fund (IMF) are reported to have completed the…
KP Govt. allocated Rs8.6bn for six power projects in Chitral
The Khyber Pakhtunkhwa government has allocated Rs8.6 billion for construction of six medium sized hydropower projects in Chitral, having 527…
Banks invest 83pc of liquid assets in T-bills
Despite a better credit off-take by the private sector, banks did not change their strategy to maximise their investment in…
India’s labour laws may help strangle growth
Tackling India’s labour practices is central to new Prime Minister Narendra Modi’s efforts to revive economic growth and bolster tax…
UK nears decision to charge ex-Barclays bankers
Britain’s fraud prosecutor could decide as soon as next month whether to charge former Barclays executives over undisclosed payments the…
Gold demand slumps in China and India
Gold bull prepares buy the precious yellow metal because of concern that monetary authorities, mainly in the developed world, will…