Business

Business

South Africa initiates probe over alleged cement dumping from Pakistan

Pakistan’s exports of cement to South Africa may face serious problems as the International Trade Administration Commission of South Africa…

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Current account deficit increases to $454m in July

The current account deficit rose in the first month of this fiscal year, both as compared to July last year…

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Smuggled Iranian tiles: A growing threat to the local industry

The local industry has informed the government that Iranian tiles worth Rs12 billion were dumped into the local market in…

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Russia strikes back….At McDonald’s outlets

Russian authorities launched nationwide inspections of McDonald’s restaurants yesterday after shutting three popular Moscow outlets on apparent government orders aimed…

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Power distribution companies seek 16-50pc increase in tariff from NAPRA

The distribution companies of ex-Wapda have sought an increase in electricity tariff for current fiscal year by 16-50 per cent…

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Govt borrowing enriches banks as it surges into trillions

The government’s costly borrowing through Pakistan Investment Bonds (PIBs) enriched banks as top five banks profit increased by 25 per…

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State bank foreign reserves fall below $9bn

Foreign exchange reserves of the State Bank of Pakistan (SBP) have fallen below $9 billion after three months. The SBP…

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Bulls trot back as KSE 100-index rises by 400 points

Normal 0 false false false EN-US X-NONE X-NONE Pakistani stocks witnessed a sharp ascent on Thursday as Karachi Stock Exchange…

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Govt fails to hold several meetings with business community

A number of meetings between the business community and the government have been postponed due to prolonged protests by Pakistan…

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