Tenfold rise in onion prices leaves Indians teary-eyed
MUMBAI: As onion prices in India have soared tenfold this year, Mukesh Thoke, a restaurant owner on the outskirts of Mumbai, faces...
SBP imposes Rs188m fine on four commercial banks
The State Bank of Pakistan (SBP) has imposed a cumulative fine worth Rs188 million on four commercial banks for violating its regulations...
NEPRA offers official vehicles to directors at 10pc
ISLAMABAD: As the government is adopting "austerity measures" to reduce the burden on the national exchequer, National Electric Power Regulatory Authority (NEPRA)...
‘Govt committed to achieving sustainable development goals’
ISLAMABAD: Planning Minister Asad Umar has said that the government was fully committed to achieving the Sustainable Development Goals, underlining that the government's...
SECP won’t let analysts ‘hurt’ market sentiment
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday observed that some capital market individuals were using the print, electronic...
‘Russia desires strong trade ties with Pakistan’
ISLAMABAD: Russian Federation Trade and Industry Minister Denis Manturov called on Prime Minister Imran Khan on Wednesday.
The minister briefed the PM on a...
BankIslami raises paid-up capital to Rs11bn
BankIslami Pakistan Limited has successfully completed its 6th rights issue of Rs1 billion recently to increase its total paid-up capital to Rs11...
Aramco IPO to help Saudi economy shift from oil: minister
Aramco's shares surge the maximum permitted 10pc on their Riyadh stock market debut, following the oil giant's record $25.6bn IPO
PTA rebuffs rumours regarding closure of Telenor services
Pakistan Telecommunication Authority (PTA) has refuted the rumours circulating on social media regarding discontinuation of Telenor services in Pakistan.
"Any such news or...
Pakistan, Russia agree to realise bilateral trade potential
Hammad Azhar apprises Russian minister of Pakistan's successful implementation of IMF programme, prospects of Pakistani economy and huge trade potential between the two countries
KSE-100 sheds 133 points in range-bound session
KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured another volatile session on Wednesday where indices ended negative after range-bound activity. Foreign...
ADB to invest $2bn in Pakistan’s energy sector in next three years
ISLAMABAD: Asian Development Bank (ADB) has planned to invest $2 billion in Pakistan’s energy sector over the course of next three years.
"With...
ADB trims growth forecasts as Asia’s biggest economies slow down
MANILA: The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as...
Gold prices remain stable at Rs84,400 per tola
KARACHI: The price of 24 karat gold remained stable at Rs 84,400 per tola on Tuesday, Karachi Sarafa Association reported.
Likewise, the price...
Saudi Aramco shares to begin trading after world’s biggest IPO
RIYADH: Saudi Aramco's shares begin trading domestically on Wednesday after the energy behemoth raised $25.6 billion in the world's biggest initial public...