Business
Business
ECB launches new 10-euro banknotes
The European Central Bank announced that the new 10-euro banknote will start circulating from Tuesday. The ECB is gradually phasing…
Pakistan seeks $815m in OGDCL share sale
The Government of Pakistan aims to generate approximately $815 million by selling shares in the Oil and Gas Development Co…
Bulls return to Stocks exchange thanks to 150-point rally
Stocks gathered momentum yesterday which saw KSE-100 index gain 149.90 points or 0.50 per cent to yet again jump over…
Rs2,810bn revenue target too ambitious: report
The revenue collection target of Rs2,810 billion for the fiscal year 2014-15 is too ambitious, says a government report. The…
Finance Minister Ishaq Dar wants “fair play” in consumer goods market
Finance Minister Ishaq Dar yesterday, asked the Competition Commission of Pakistan (CCP) to ensure fair play in the consumer goods…
Bears make comeback as stocks fall below 30,000-level
After resisting for the past few sessions, the KSE-100 index finally gave up the 30,000-level as it dropped by 21.93…
Orix Leasing all set to tap into lucrative Islamic finance market
Orix Leasing Pakistan Limited (OLPL) plans to tap the high growth Islamic finance market. The company has chosen an innovative…
Internal debt servicing nearly doubles in July
Interest payments on domestic debt grew by 80.5 per cent to Rs188 billion in July 2014 from Rs104bn in the…
Pakistan Steel production capacity increased by 22% in past few months
The production capacity of Pakistan Steel Mills (PSM) has risen to 25 per cent from 3pc in May 2014 owing…