Business

Business

NBP’s 9-month earnings jump up to Rs12.1 billion

The National Bank of Pakistan (NBP) posted profit-after-tax of Rs12.1 billion in the nine months (January-September) of this calendar year,…

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OGDCL profit plummets over 15% to Rs28.3bn in first quarter

The Oil and Gas Development Company Limited’s (OGDCL) after-tax profit for the first quarter of this fiscal year dropped 15.7…

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Ease of doing business in Pakistan nosedives”: World bank report

Pakistan is ranked 128th out of the 189 countries surveyed for the latest World Bank’s ‘Doing Business’ annual report, a…

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ECC approves incentives for LNG users.

The government yesterday approved incentives for use of imported liquefied natural gas (LNG) and allowed 570,000 tonnes of urea import.…

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‘Islamic bond market set to grow worldwide’

Investments in Islamic bonds known as “sukuk” are set to grow worldwide as financial centres vie to tap an increasing…

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Karachi Stock exchange dips slightly on volatile trading

Stocks rally was halted on Tuesday as the KSE-100 index finished on a minor decline of 13.34 points at 30,225.62,…

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ECC may increase margins for OMCs, petroleum dealers

Amid continuing slide in oil prices, the government is today expected to increase the commissions of marketing companies and petroleum…

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Dar unveils 14-point economic roadmap

Finance Minister Ishaq Dar announced on Tuesday a 14-point ‘future roadmap’ aimed at achieving over seven per cent growth by…

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Robust growth in e-banking

According to the annual payment system review for 2013-14, issued by the State Bank of Pakistan (SBP) on Monday, country’s…

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