Business

Business

Bulls run riot in Stock Market

Stocks continued to head straight up Thursday, with the KSE-100 index going up by 309.53 points to close at record…

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WB projects 4 per cent GDP growth for 2013-14

The World Bank on Wednesday projected that Pakistan’s GDP growth would approach to four percent during ongoing financial year 2013-14,…

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KSE ups 288 points on Eurobond launching outcome

Market rallied after Pakistan government raised highest ever amount of $2b in one attempt through Eurobonds, as a result of…

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Punjab industry incurs Rs80b additional costdue to Power and gas loadshedding

Compared with the industry in other provinces, the industry in Punjab incurs Rs80 billion in additional costs related to energy…

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Sindh CM expects huge foreign investment in the province

Sindh Chief Minister Syed Qaim Ali Shah has said that his province is expected to receive multibillion dollar foreign investments…

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$2 billion 5-, 10-year Eurobonds sold

Pakistan on Wednesday sold $2 billion worth of five- and 10-year bonds in its first international sale since 2007, the…

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Toyota to recall 6.4 million vehicles

Toyota is recalling 6.4 million vehicles globally, including 35,124 in the UK, over five separate issues. Some 3.5 million vehicles…

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Smuggled Iranian LPG threatens local sector

The LPG Marketing Association termed smuggling or under-invoiced imports from Iran a threat to the organised liquefied petroleum gas (LPG)…

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LCCI rejects Punjab’s new tax rules

The Lahore Chamber of Commerce and Industry (LCCI) unanimously rejected Sales Tax on Services enforcement rules of the Punjab Revenue…

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