Business

Business

Britain opens criminal probe into alleged rigging in foreign exchange markets

Britain’s fraud agency said yesterday that it has launched a criminal probe into allegations of price rigging in foreign exchange…

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World stocks slide as pressure on Russia grows

Unlike the Karachi Stock exchange where bulls have tossed the stocks to an all time high global stock markets fell…

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Laws to be amended to put all debt-related responsibilities at one place

The government has given an undertaking to the International Monetary Fund to amend the anti-money-laundering law and at least six…

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Stocks at all-time high: Reign of bulls continue

Stocks maintained the rising momentum on the first trading session of the week with the KSE-100 index up by 188.34…

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KPK government launches 1 billion micro finance scheme for the skilled yet unemployed people

The provincial government of Khyber Pakhtunkhwa Monday formally launched Rs.1 billion Islamic micro finance scheme for provision of employment to…

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20pc decline in services related exports

Pakistan’s export of services witnessed a decline of over 20 percent in the first 11 months of 2013-14 from a…

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Donations to charities around Rs. 200 to 300 billion this year: NGO

The total amount of donations Pakistanis make each year is estimated to run in billions of rupees. While gauging the…

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SBP refuses to pay $45m to Iran‏ian firm for power transformers

The State Bank of Pakistan has so far declined to pay  $45 million to an Iranian firm and as a…

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C/A deficit balloons to around 3 billion despite high inflows

Despite high foreign inflows from various sources, the current account deficit of the country rose to about $3 billion for…

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