Business

Business

Huge foreign buying leads to record bull run

A massive rally at the stock market on Thursday tossed the KSE-100 index up by 556.26 points or 1.92pc to…

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Bureaucrats resist withdrawal of SRO

Top officials in bureaucracy are opposing withdrawal of a discretionary statutory regulatory order (SRO) which allows them immunity from higher…

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CCI approves at-source deduction of power dues of provinces

The Council of Common Interests (CCI) approved on Thursday a mechanism for at-source deduction of outstanding power sector dues of…

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JS Bank launches country’s first mobile banking app

JS Bank has launched JS Mobile, the country’s first Android application for mobile banking, according to a press release. Using…

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Govt eyes 5.1pc growth rate in next financial year

The National Economic Council (NEC) will meet in Islamabad today to approve a long-term development blueprint — Vision 2025 —…

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ECC okays yet another price hike for power consumers

The government on Wednesday decided to charge the power consumers the cost of about three per cent additional technical losses…

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FBR faces up to Rs30bn shortfall

The Federal Board of Revenue is likely to witness a shortfall of more than Rs30 billion in the last two…

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Cell phone imports rise in July-April

Cell phone imports rose to $516.239 million during first 10 months of this fiscal year against $513.772m in the same…

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Petroleum Ministry wants impact of gas losses passed on to consumers

The Ministry of Petroleum and Natural Resources has formally asked the federal cabinet to approve, including in the consumer tariff,…

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