Business
Business
$2.4bn Kohala hydropower deal finalised
State-run companies of Pakistan and China have finalised a 30-year tariff at 7.9 cents per unit for $2.4 billion Kohala…
Remittances increase by 12.6%
The State Bank said on Wednesday that Pakistanis remitted $2.978 billion in first two months (July-Aug) of current fiscal year…
FBR all set to introduce new Sales Tax General Order
FBR Chairman Tariq Bajwa while speaking to members of the Multan Chamber of Commerce and Industry said that, “the Federal…
World Bank warns of global level jobs crisis
The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth and there is…
Dollar stabilises at Rs102
The US dollar seems to have settled at Rs102 as neither the State Bank nor the Ministry of Finance is…
Stocks stage 143-point bull run
Stocks raced forward on Tuesday as the KSE-100 index rallied by 143.31 points to close at 29,728.91. Investors’ enthusiasm was…
SECP still struggling to demutualise bourses
Despite the passage of two years, the Securities and Exchange Commission of Pakistan (SECP) has not been able to pursue…
Floods may cause immense loss to economy
The brokerage houses that keep their eyes on corporate earnings have made reports on the scale of potential damage that…
IMF sees world growth at just over 3%
The head of the International Monetary Fund yesterday hinted that the global lender could downgrade its forecast for world economic…