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PR to resume ‘cargo express’ from Sept 2
After a lapse of more than three years, the Pakistan Railways (PR) will resume its cargo express train between Lahore’s…
FBR asked to remove flaws from tax laws
The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to remove certain flaws from the…
$1.25/day not enough for minimum welfare: ADB
A new report from the Asian Development Bank says that the $1.25 per day measures do not fully capture the…
ECB hemmed in by its own plans
The European Central Bank is in a policy no man’s land, bombarded by news of a stagnating eurozone economy but…
Czech Republic’s launches Bitcoin-style currency
The Czech Republic launched its answer to Bitcoin on Tuesday when new virtual currency CzechCrownCoin started trading. “Early this afternoon…
Bears rampage all over KSE due to political deadlock
Stocks took a sharp plunge on Tuesday as the KSE-100 index fell 222.03 points or 0.77 per cent to close…
SME financing improves amid low default
The small and medium enterprises (SMEs) have shown significant improvement over the last two years in utilisation of bank loans…
Dollar rises to Rs101 mark
The US dollar rose 70 paisas in the inter-bank market on Wednesday after which it touched the Rs101.10 mark. The…
NBP profit rises up to Rs8.1bn
The National Bank of Pakistan (NBP) earned a whopping after-tax profit of Rs8.1 billion during the first half (January-June) of…