Business
Business
Foreign investment rises up to $4.37bn in FY14
Foreign investment rose to $4.377 billion in the previous fiscal year, the highest amount since 2008-09, the State Bank said…
BRICS create development bank, ‘mini-IMF’
Leaders of the BRICS group of emerging powers on Tuesday created a Shanghai-based development bank and a reserve fund seen…
Around 200 top taxpayers awarded ‘ honour cards’
In what appears to be an unprecedented development in the country’s history, Prime Minister Nawaz Sharif awarded ‘privilege and honour…
Bulgarian banks under EU supervision
Bulgaria’s central bank has begun talks with the European Banking Authority about conducting a review of the quality of its…
Industries Minister assures support to
Federal Minister for Industries and Production Ghulam Murtaza Jatoi has assured Pakistan Steel Mills (PSM) that the government will extend…
IMF cuts eurozone growth forecast
The IMF cut its 2014 growth forecast for the eurozone yesterday warning that the recovery in the single currency bloc…
‘Untreated mangoes export won’t be allowed’: Bosan
Federal Minister for National Food Security and Research Sikandar Hayat Bosan has said the government will not allow the export…
Moody’s puts positive outlook for Pakistan’s economy
Global rating agency Moody’s yesterday upgraded the outlook of Pakistan's economy to stable from negative In a report published by…
Stocks stage rally on foreign buying
The stock market staged a surprise powerful rally yesterday as KSE-100 index surged by 387.01 points or 1.32pc to close…