Business

Business

Textile package to be implemented through SROs

Federal Minister for Textile Industry Abbas Khan Afridi on Monday assured a textile delegation that the government would soon implement…

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SBP sets agriculture loan target at Rs500bn

The State Bank of Pakistan (SBP) has assigned the scheduled banks with the task to disburse Rs500-billion agriculture credit during…

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Profiteers make a killing amidst low monitoring

Karachiites are paying more for essentials during this Ramazan compared to residents of other parts of the country, particularly Lahore,…

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Weekly inflation increases slightly

Weekly inflation for the combined income group increased by 0.23 per cent for the week ending July 10 over the…

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Stocks finish weekend session on a bearish note

Stocks continued to slide, with the KSE-100 index down by 35.06 points to close the shortened Friday session at 29,318.06.…

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HBFCL, ZTBL in the red

Making an addition to the loss making state-owned entities, the government on Friday officially confirmed that two major financial institutions…

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Bulgaria to allow its fourth-biggest bank to collapse

Bulgaria is to allow its fourth-biggest lender to collapse as it moves to clear up the mess from the country’s…

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Federal Ombudsman directs Utilitities to fix due date for 7th day instead of last dates of the month

The Federal Ombudsman (Wafaqi Mohtasib) directed the public utility companies operating in Pakistan to fix the due date for consumers…

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Industry seeks cuts in interest rate

SITE Associa­tion of Industry (SAI) has urged the State Bank of Pakistan to bring down the interest rate to at…

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