Business
Business
Cotton prices under pressure on low demand
The cotton market on Saturday remained easy where selling from ginners put more pressure on lint prices amid limited off-take…
Hyundai directors kept in dark on $10bn land bid
Hyundai Motor and two listed affiliates did not seek clearance from the Board of Directors for the size of their…
Tax facilitation centres set up by FBR
The Federal Board of Revenue has established 200 tax facilitation kiosks for filing of income tax returns. The centres have…
Textile, clothing exports fall in July-August of current fiscal year
Pakistan’s export of textile and clothing fell by over five per cent in the first two months of the current…
Current account deficit gap widens to $1.4bn
The current account deficit in the first two months of this fiscal year has widened to almost half of the…
Bears return to stock market
Profit-taking ahead of an eventful week-end pulled KSE-100 index down by 78.36 points yesterday, though the benchmark kept clinging to…
Massive over-billing been conducted by power companies: Report
A preliminary analysis of random data of electricity distribution companies (Discos) has found massive presumptive billing, overcharging and increase in…
Interest rate likely to remain unchanged in upcoming monetary policy statement
The State Bank of Pakistan (SBP) will unveil its Monetary Policy Statement (MPS) for the next two months on Sept…
International Finance Corporation to invest $67m in Bank Alfalah
The International Finance Corporation (IFC), a member of the World Bank Group, has entered into an agreement with Bank Alfalah…