Business
Business
Stocks finish weekend session on a bearish note
Stocks continued to slide, with the KSE-100 index down by 35.06 points to close the shortened Friday session at 29,318.06.…
HBFCL, ZTBL in the red
Making an addition to the loss making state-owned entities, the government on Friday officially confirmed that two major financial institutions…
Bulgaria to allow its fourth-biggest bank to collapse
Bulgaria is to allow its fourth-biggest lender to collapse as it moves to clear up the mess from the country’s…
Federal Ombudsman directs Utilitities to fix due date for 7th day instead of last dates of the month
The Federal Ombudsman (Wafaqi Mohtasib) directed the public utility companies operating in Pakistan to fix the due date for consumers…
Industry seeks cuts in interest rate
SITE Association of Industry (SAI) has urged the State Bank of Pakistan to bring down the interest rate to at…
Dar rejects Mari Petroleum price restructuring plan
Finance Minister Ishaq Dar on Thursday declined a gas price restructuring plan for Mari Petroleum Company Limited (MPCL) which could…
SBP praises govt’s economic performance
The country’s economy appears to have turned the corner. The State Bank says that after several years of low growth,…
Record $15.8bn remittances in 2013-14: Forign Reserves rise to $14.6 Billion
KARACHI: The country received a record $15.83 billion in remittances from overseas Pakistanis in fiscal year 2013-14, an increase of…
Iraq crisis looms on Indian budget
Indian Finance Minister Arun Jaitley said on Thursday he was keeping an eye on the impact of the Iraq crisis…