FBR acts against officials exploiting BISP
ISLAMABAD: The Federal Board of Revenue (FBR) has issued show-cause notices to those employees who received money under the Benazir Income Support Programme...
Harley-Davidson’s shares tumble on steeper fall in revenues
CHICAGO: Harley-Davidson Inc on Tuesday reported a larger-than-expected decline in its motorcycles revenue, hurt by a continuing slide in retail sales in the...
Govt urged to withdraw hike in trade licence fee
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday urged the government to withdraw an increase in trade licence fee...
IMF sees medium-term risks to global economy
WASHINGTON: The International Monetary Fund (IMF) on Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt...
Interest rate remains unchanged amid inflation
–Central bank terms latest increase in inflation as ‘transitory’ in nature
–SBP says projection for real GDP growth for FY20 likely to be...
SECP initiates public consultation on proposed broker regime
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has initiated public consultation on the proposed new broker regime, which primarily aims...
Bearish trend prevails as KSE-100 sheds 240 points
KARACHI: It was a tough day for investors at the Pakistan Stock Exchange, as they saw the indices crumble once again on...
Footwear exports increase 17pc in 1st half
ISLAMABAD: The footwear exports witnessed increase of 17.75 per cent during the first half of current financial year (2019-20) compared to the...
Murtaza Syed appointed SBP Deputy Governor
KARACHI: Dr Murtaza Syed has been appointed Deputy Governor of the State Bank of Pakistan by the federal government for a period of...
Paramount Spinning Mills requests PSX to hold de-listing of shares
KARACHI: The Paramount Spinning Mills Limited (PASM) on Tuesday urged the Pakistan Stock Exchange to hold proposed de-listing of shares.
In a letter...
Qureshi leaves for Kenya to attend Pak-Africa trade conference
ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Tuesday left for Kenya on a two-day visit to take part in "Engage Africa" conference as...
Govt working hard to facilitate investment, PM tells businessmen
ISLAMABAD: Prime Minister Imran Khan has said that reforms process usually takes time with different hurdles, but the government is determined to...
60% businessmen feel things heading in wrong direction: Gallup survey
ISLAMABAD: A latest Gallup survey has found that the country’s sweeping 60 percent businessmen feel that things are heading in the wrong...
World stock markets, oil tumble over fear of China virus
LONDON/NEW YORK: Global stock markets and oil prices plunged as panicked investors bolted into safer assets such as gold after China warned...
Careem lays off over 150 employees
KARACHI: Dubai-based ride-hailing company Careem has laid off about 150 employees to cut losses, MENAbytes reported.
The layoffs come weeks after its $3.1...