Business

Business

Increase in Foreign Remittances Has Stabilized Exchange Rate

Money chargers  are of the opinion that foreign remittances are higher for the last two months.  Pak rupee has gained…

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Provincial Govt. may set up Independent Power Projects – Federal Govt

The federal government has decided to empower provincial governments and private entities to set up independent power projects for their…

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Finally PM “Okays” Revival of PIA

Nawaz Sharif has finally approved a plan for restoration of PIA. The aim is turn the national flag-carrier into a…

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Fuel prices take a dive

The federal government today decreased the price of petrol by Rs. 2.73 a liter for the month of March. The…

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Govt. sold PIBs work Rs. 247bn

In the 2nd auction of 2014, the government has sold PIBs worth Rs. 247 billion. It is more than four…

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Morning Briefing (February 28, 2014) on Market and Economy

Extract's  of Market and Economy Commerce      Ministry has been directed to submit a summary on trade normalization      process…

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Al Meezan Bank may acquire HSBC’s Business in Pakistan

HSBC disclosed on Thursday that they are negotiating to sell its business and operations in Pakistan to Al Meezan Bank…

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China’s Opaque Policy effects Asia Shares

Asian shares were trading sluggishly on Wednesday following a flat finish on Wall Street, while concerns over opaque policy moves…

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KSE100 Index end lower on Tuesday

On Tuesday, KSE 100 index closed at 25,559.61 points. The market was down by 214.20 points (0.83%). During the day investors mainly…

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