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Pakistan receives fourth IMF tranche worth $556 million
Pakistan has received $556 million as the fourth instalment of an International Monetary Fund (IMF) loan approved last year to…
Stocks manage modest gains in low volume trading
Stock market remained dull throughout the day, which saw volume shrink 45pc to 73m shares on Thursday, representing 9-month low.…
Libya declares oil crisis over after state reclaims ports
Libya's acting Prime Minister Abdullah al-Thinni said the government had reached a deal with a rebel leader controlling oil ports…
‘Bitcoin could have future’: Russian Central Bank
Russia’s central bank said on Wednesday that virtual currencies such as Bitcoin could have a future but warned that it…
CDA, Iesco still at odds over power bill
The Islamabad Electric Supply Company (Iesco) and the Capital Development Authority (CDA) have yet to carry out an investigation to…
Cartels operating in several sectors, Dar tells NA
Many industries and sectors in the country have formed cartels in order to obtain an undue economic advantage, mostly at…
Govt starts evaluating 4,250MW coal-based power plants
The government decided yesterday to begin processing proposals submitted by private companies to set up 10 coal-based power projects having…
Exports to EU markets grow by $700m
Exports to European markets during the first 11 months (July-May) of the outgoing fiscal year grew by an additional $700…
KSE-100 index declines by 24.78 points
Range-bound activity was witnessed at the stock exchange on Wednesday as investors’ interest in trading was subdued in the holy…