Business
Business
Balochistan Assembly approves FY 14-15 budget of over 214 Billion
The Balochistan Assembly passed the provincial budget of over Rs214 billion for the next financial year yesterday. Adviser to Chief…
Wall St Stock market edges higher despite weak GDP report
US stocks edged higher yesterday as investors continued to find value in equities over other asset classes despite the latest…
EU/Pakistan to focus on increasing bilateral trade
Pakistan and European Union on Tuesday agreed on a comprehensive economic partnership, with a focus on increasing the volume of…
Foreign investors reluctant to invest in financial sector despite high yields
The returns on investment in the country’s financial sector continue to be highly lucrative despite anaemic GDP growth rate for…
Stocks break 29,000 points barrier in range-bound trading
Stock market was range-bound yesterday with the KSE-100 index oscillating narrowly between the day’s high and low. The index closed…
Dollar crosses Rs100 barrier
Dollar crossed Rs100 barrier in a nervous currency market yesterday amid live TV coverage of the arrival of Dr Tahirul…
Stocks rebound as dust settles on political front
The stock market made strong rebound yesterday with the KSE-100 index up by 307.19 points or 1.07 per cent to…
Provinces competing for development funds
In the terminal year of 7th National Finance Commission Award, the political competition for development among provincial governments is picking…
Reduction sought in power tariff
Government-run power distribution companies have sought 81 paisa per unit reduction in tariff on account of lower purchase cost of…