US Federal Reserve Board terminates enforcement actions with HBL
The US Federal Reserve Board in a press release announced the termination of enforcement actions with Habib Bank Limited Pakistan and Habib...
Committee formed to expedite development work in tribal districts
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has constituted a special committee, to be headed by the additional chief secretary, to look into...
With pandemic abating, Naspers backs Bykea in $13mn Series-B round
ISLAMABAD: What do you do when you are a startup and you have survived a ruthless pandemic? If you are Bykea, you...
With water scarce, Pakistan helps farmers grow more with less
LAHORE: Obaidur Rehman hoped to grow water-hungry cucumbers and capsicum peppers on land he had bought in an arid area of the...
APTMA seeks timely implementation of long-term textile policy
‘Pakistan has an export potential of $50bn provided the local industry is facilitated with regionally competitive energy tariffs and business-friendly environment’
Stocks plunge 632 points on selling pressure
KARACHI: The Pakistan Stock Exchange (PSX) succumbed to selling pressure on Wednesday, as the indices failed to hold on to gains and...
India’s Apr-Aug fiscal deficit passes 109pc of full year budget target
NEW DELHI: India’s federal fiscal deficit in the five months to end August stood at 8.7 trillion rupees ($117.98 billion), or 109.3pc...
Global stocks pull back as acrimonious US debate stokes caution
LONDON/SINGAPORE: World stocks fell and safer assets, such as the yen and dollar, found buyers on Wednesday after a chaotic first US...
Pakistan to auction extra telecom spectrum; seeks $1 billion
ISLAMABAD: Pakistan will this week begin the process of selling unused telecom spectrum in an auction it hopes will raise around $1 billion...
Whistleblower warned EY of Wirecard fraud four years before collapse: report
An employee of Ernst & Young (EY) had warned the firm in 2016 that Wirecard senior managers may have committed fraud, naming...
Senate panel irked over govt’s decision to establish border markets
ISLAMABAD: A parliamentary panel on Tuesday showed dissatisfaction over the government’s decision to establish border markets in Balochistan.
The meeting of the Senate Standing...
SBP must proactively encourage lending for home loans, says NPHP chairman
Webinar explains housing finance is at an infant stage in Pakistan, but there is potential for huge growth
BoI, MISHAL join hands to improve Pakistan’s CGI ranking
ISLAMABAD: The Board of Investment (BoI) and the World Economic Forum’s partner institute on global competitiveness, MISHAL, have agreed to assume reforms...
Sindh bans use of LPG in public transport
KARACHI: The Sindh government has banned the use of liquefied petroleum gas (LPG) as fuel in all public service vehicles (PSVs) and asked...
Oil falls over 4pc as virus cases mount and US debate looms
NEW YORK: Oil prices fell over 4pc to their lowest in two weeks on Tuesday on worries about the outlook for fuel...