Rupee gains 23 paisa against dollar; Gold price falls
ISLAMABAD: The exchange rate of the US dollar dropped by 23 paisas in interbank and was traded at Rs156.62, as compared to...
Finance ministry releases Rs12bn for erstwhile FATA without due diligence
ISLAMABAD: The Ministry of Finance has approved the release of around Rs12 billion to Khyber Pakhtunkhwa (KP) under the head of merged...
Pakistani scientist generates bio-plastic with mango kernel
ISLAMABAD: Dr Anjum Nawab, a Pakistani scientist serving as Assistant Professor at Karachi University, on Monday claimed to have generated bio-plastic with mango...
KSE-100 ends with 385-point gain amid low turnover
ISLAMABAD: The Pakistan Stock Exchange (PSX) started the trading week on a positive note with the indices maintaining their positions in the green...
Weekly inflation dips 0.18pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on August 29 decreased by 0.18pc as compared to the previous...
FBR launches anti-smuggling drive
ISLAMABAD: The Federal Board of Revenue (FBR) has launched an anti-smuggling drive today to counter rampant smuggling in the country.
Chairman FBR Syed...
Could cryptocurrency dethrone the dollar?
Bank of England governor Mark Carney has suggested that a virtual currency, modelled on Facebook's Libra, could one day replace the dollar...
Bangladesh to buy electricity from India’s Reliance Power
DHAKA: Bangladesh has signed an agreement to buy 718 megawatts of electricity from India's Reliance Power over the next 22 years, the...
Banks drag down Saudi stock; financials drive Egypt gains
RIYADH: Banks led Saudi Arabia's stock market sharply lower on Sunday for a third session in a row, while gains in financial...
Trade war escalates as US, China kick-off new round of tariffs
BEIJING/WASHINGTON: The United States (US) and China began imposing additional tariffs on each other’s goods on Sunday, the latest escalation in a...
FBR collects Rs580 billion in first two months of FY2019-20
---Shabbar Zaidi says govt achieved 90pc of its revenue collection target
The Federal Board of Revenue (FBR) achieved 90 per cent of its...
PCB violated rules, awarded PSL franchise rights to unqualified offshore firms, audit finds
---Karachi Kings, Islamabad United owned by firms registered in UAE, British Virgin Islands
ISLAMABAD: The Pakistan Cricket Board (PCB) awarded the franchise rights...
Market Weekly: Stock market slips 5.4pc; rupee recovers
Bears dominated the Pakistan Stock Exchange (PSX) in the outgoing week, as the benchmark KSE-100 Index lost 1,677 points or 5.4pc to...
Govt approves ‘visa on arrival’ for Qatari nationals
ISLAMABAD: On the demand of Qatari Amir Sheikh Tamim Bin Hamad Al Thani, the Pakistan Tehreek-e-Insaf (PTI) government has decided to provide ‘visa...
Trump confirms latest China tariffs set for Sunday are ‘on’
US President Donald Trump confirmed Friday that steep new tariffs on Chinese goods will kick in on Sunday and said that his...