Business

Business

Assets of suspended brokers to be auctioned

The assets of three brokerage houses suspended by the KSE would be placed on the auction block on June 24…

1 Min Read

Rich growing richer as the poor grow poorer

Pakistan’s economy has not done badly in the last two decades and per capita income in the country rose from…

2 Min Read

Indian business magnates picks women relatives to meet boardroom quotas

Confronted by a new law aimed at addressing the widespread absence of women from India’s boardrooms, the country’s richest businessman…

2 Min Read

Sustainable energy project for Asia and Pacific launched in Manila

‘Sustainable Energy for All’ hub for Asia and Pacific was launched yesterday. It is aimed at mobilising investment and finding…

1 Min Read

IPPs invoke sovereign guarantees

15 independent power producers (IPPs) have started invoking their sovereign guarantees to recover their unpaid bills of more than Rs66…

1 Min Read

Govt to issue another Ijara Sukuk

The State Bank of Pakistan (SBP) said yesterday that another Government of Pakistan (GoP) Ijara Sukuk would be issued as…

1 Min Read

Trade chambers reject GIDC revision

Presidents of all chambers of commerce and industry have rejected Gas Infrastructure Development Cess (GIDC) revision, announced by Finance Minister…

1 Min Read

Stocks tumble 326 points on media reports of political turmoil

Stocks suffered heavy declines on Tuesday as the KSE-100 index plunged by 326.44 points or 1.10 per cent to close…

1 Min Read

Finance minister gives concessions

After suffering opposition brickbats for a week, Finance Minister Ishaq Dar agreed in the National Assembly on Tuesday to give…

1 Min Read