Business

Business

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…

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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 Min Read

$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…

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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…

1 Min Read

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…

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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…

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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…

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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…

1 Min Read

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…

1 Min Read