Business
Business
$1.25/day not enough for minimum welfare: ADB
A new report from the Asian Development Bank says that the $1.25 per day measures do not fully capture the…
ECB hemmed in by its own plans
The European Central Bank is in a policy no man’s land, bombarded by news of a stagnating eurozone economy but…
Czech Republic’s launches Bitcoin-style currency
The Czech Republic launched its answer to Bitcoin on Tuesday when new virtual currency CzechCrownCoin started trading. “Early this afternoon…
Bears rampage all over KSE due to political deadlock
Stocks took a sharp plunge on Tuesday as the KSE-100 index fell 222.03 points or 0.77 per cent to close…
SME financing improves amid low default
The small and medium enterprises (SMEs) have shown significant improvement over the last two years in utilisation of bank loans…
Dollar rises to Rs101 mark
The US dollar rose 70 paisas in the inter-bank market on Wednesday after which it touched the Rs101.10 mark. The…
NBP profit rises up to Rs8.1bn
The National Bank of Pakistan (NBP) earned a whopping after-tax profit of Rs8.1 billion during the first half (January-June) of…
Supply of goods starts stabilizing
The supply of goods to and from Karachi has normalised to some extent after having remained disturbed in the last…
Import and export of Services industry decline in outgoing fiscal year
Export of services witnessed a decline of over 21 per cent in the outgoing fiscal year (2013-14) from a year…