Business
Business
Rupee fluctuates against dollar
AS it emerged at the start of last week that the IMF staff would recommend its executive board to release…
KASB Modaraba set to merge with two other firms
The Securities and Exchange Commission of Pakistan (SECP) is merging three small Islamic investment firms after the central bank took…
SBP reduces monetary policy rate to 9.5 percent
Pakistan’s central bank reduced its key policy rate by 50 basis points to 9.5 per cent until mid-January, the State…
International Company to work on Tapi Pipeline Set Up on BOT basis
Four state-owned gas organisations of Turkmenistan, Afghanistan, Pakistan and India (Tapi) have established a company that will build, own and…
PIA gets lacklustre response in bid to hire PR firm
The Pakistan International Airlines (PIA) has received poor response from public relations and media management firms for its plan to…
Gold prices fall
Gold fell more than 1 per cent yesterday, breaking below chart support at $1,150 an ounce, as the dollar hit…
Cotton prices continue to decline
Falling world cotton prices are taking a toll on the domestic market where prices failed to pick up yesterday despite…
Qatar decreases offer price for LNG to $14 per MMBTU
With the declining international market, Qatar has also scaled down its price offer to $14 per Million British Thermal Units…
$200m invested for boosting petrol output
Refineries have invested $180-200 million to ensure availability of 600,000 tonnes of additional petrol from next year. The Pakistan Refinery…