Inflation eases to 8.9pc in Oct
Inflation eased slightly to 8.9 per cent in October, from 9pc in September on the back of a slight decline in prices...
ADB, Pakistan sign $2m deal to combat pandemic
LAHORE: Pakistan and the Asian Development Bank (ADB) on Tuesday signed a $2 million grant agreement to strengthen Pakistan’s efforts to combat...
Oil prices extend rally on US election day
LONDON: Oil prices extended their rally on US election day with a 3pc gain as financial markets staged a broad recovery, but...
Bulls return to bourse, lift KSE-100 by 1,368 points
KARACHI: The Pakistan Stock Exchange (PSX) staged a massive rally on Tuesday, which propelled the KSE-100 Index up almost 1,400 points intraday.
"The...
APTMA, PHMA lock horns over duty-free import of cotton yarn
LAHORE: The All Pakistan Textile Mills Association (APTMA) and Pakistan Hosiery Manufacturers and Exporters Association (PHMA) have locked horns over the duty-free...
Pakistan, Saudi Arabia agree to cooperate in IT sector
Pakistan and Saudi Arabia have agreed to undertake joint efforts for the promotion of cooperation in the field of information technology (IT).
The...
Tired of Trump, Deutsche Bank wants out but sees no good options
NEW YORK/FRANKFURT: Deutsche Bank AG is looking for ways to end its relationship with President Donald Trump after the US elections, as...
Investors brace for another wild ride on US election night
NEW YORK: On Tuesday night, James McDonald plans to sit among 19 computer screens in his Los Angeles office, waiting for the...
Tea imports surge 38.87pc in Q1FY21
ISLAMABAD: The tea imports into the country witnessed an increase of 38.87 per cent during the first quarter (Q1) of the current...
Euronet Pakistan launches Consolidated Credit and Debit Cards Management and ATM Driving for Faysal Bank under a Fully Outsourced Technology Platform
Euronet Pakistan, a division of Euronet Worldwide Inc. (NASDAQ: EEFT), has implemented a fully-consolidated cards and switch platform for Faysal Bank Limited with...
PRA’s revenue rises 24pc YoY to Rs9.4bn in October
LAHORE: The Punjab Revenue Authority has collected unprecedented revenue of Rs9.4 billion in October 2020, as against the revenue of Rs7.6 billion...
K-Electric posts Rs2.96bn loss for FY20
The Board of Directors of K-Electric Limited recently approved the company's financial results for the year ended June 30, 2020.
As per the...
Pakistan’s exports back to pre-Covid levels, cross $2bn in Oct: Dawood
ISLAMABAD: While the Pakistan Bureau of Statistics (PBS) is yet to release export figures for the month of October, Adviser to Prime...
ECC approves concessionary package for industrial sector
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a concessionary package for the industrial sector.
The ECC meeting, held...
No restriction on telcos to expand network in Gilgit-Baltistan: minister
ISLAMABAD: Unlike the impression that cellular companies were barred from launching 3G/4G internet services in Gilgit-Baltistan before the auction of the spectrum...