Business
Business
Cotton trading down
Trading on the cotton market slowed down yesterday because of rising political uncertainty, and depressed demand for lint in the…
Stocks up by 102 points
Stock rallied yesterday with the KSE-100 index remaining in the positive-zone for most of the day with closing seen higher…
Power consumers to pay additional Rs1.2bn as govt diverts gas to textile industry
The power consumers will be paying Rs600 million per month during this winter, for minimum two months, even without using…
Dar proposes price cap on oil
Finance Minister Ishaq Dar has proposed putting an upper cap on oil prices by oil producing countries to help developing…
Karachi Stock Exchange second best performing bourse throughout Asia
Karachi Stock Exchange’s (KSE) benchmark 100-share index gained 2.7 per cent (821 points) last month, taking the current year-to-date returns…
Rupee dips slightly against dollar
After posting strong gains in the past couple of weeks, the rupee lost value against both the dollar and the…
Power consumers to pay Rs117bn due to new taxes
Each electricity unit has become costlier by Rs1.30 as the federal government started charging two recently introduced taxes in fresh…
Rs73bn shortfall in revenue collection
ISLAMABAD: The Federal Board of Revenue (FBR) witnessed a shortfall of Rs73 billion in revenue collection during the first five…
Repatriation of $405m in profits on foreign investments
KARACHI: The first four months of this fiscal year saw repatriation of $405 million in profits and dividends on foreign…