PM lauds services of HBL in delivering cash scheme for poor 

Minister for Maritime Affairs Syed Ali Haider Zaidi along with Chairman Habib Bank Sultan Ali Allana called on Prime Minister Imran Khan...

Meezan Bank’s profit jumps 62pc to Rs4.9bn

KARACHI: The Board of Directors of the Meezan Bank met on Tuesday to review the bank’s performance and announce its financial statements...

SBP raises Rs391.3bn from T-bill auction

KARACHI: The State Bank of Pakistan (SBP) Wednesday reported that the government had raised Rs391.3 billion through T-bills, against the auction target...
Shazad Dada

Shazad Dada resigns as Standard Chartered CEO, likely to join UBL

KARACHI: Shazad Dada has stepped down as President and Chief Executive Officer (CEO) of the Standard Chartered Bank Pakistan (SCBPL), according to...
IPPs

‘For meaningful talks’: Govt defers power sector probe for two months

ISLAMABAD: The government has deferred the constitution of an inquiry commission and release of the report on the power sector for two months...

SECP Policy Board chairman Khalid Mirza resigns

ISLAMABAD: After a settlement with the government, the chairman of the Securities Exchange Commission of Pakistan (SECP) Policy Board has finally tendered...

COVID-19: Uber lays off 14pc workforce worldwide, hints further ousters

Uber Pakistan's official says difficult decisions being taken to 'help protect company's long-term health'
ECC meeting

ECC directs food ministry to meet 8.25MT wheat procurement target 

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday asked the Ministry of National Food Security and Research (MoNFSR) to...

SNGPL shareholders at risk as board decides to reduce directors

LAHORE: The Board of Directors (BoD) of Sui Northern Gas Pipeline Limited (SNGPL) has decided to reduce the number of seats from...

Economic expert urges infusing more money to jump-start economy

ISLAMABAD: Economic expert and former secretary finance Dr Waqar Masood on Wednesday urged the federal government to print more money and distribute it...

Why waste money when you can rent for a few hours?

The debate about whether buying is better than renting is a never-ending one. On one hand, where a few people seriously mull...

Aramco close to inking $10bn deal with group of about 10 banks: sources

DUBAI: Saudi Aramco is about to finalise a $10 billion loan with a group of roughly 10 banks, three sources familiar with...

Budget deficit reaches Rs1.68tr in nine months

–Expenditures clock in at Rs6.3tr against revenues of Rs4.6tr –Govt spent Rs1.8tr on debt servicing, Rs802bn on defence, Rs31.8bn on education and Rs5.1bn...

SECP, FBR discuss tax proposals for capital, corporate sectors

ISLAMABAD: The Security and Exchange Commission of Pakistan (SECP) has shared with the Federal Board of Revenue (FBR) some key tax proposals...

Trade deficit shrinks 25pc in 3QFY20

ISLAMABAD: The country’s trade deficit reduced by 25.68 per cent in the first three quarters of the current financial year as compared...