Moody’s assigns corporate family rating of ‘B3’ to WAPDA
Moody’s Investors Service, the New York-based bond credit rating company, has assigned a first-time corporate family rating (CFR) of B3 to Pakistan...
PM approves establishment of 120 new accountability courts
ISLAMABAD: In order to accelerate the ongoing accountability process and clear the backlog of cases, Prime Minister Imran Khan on Tuesday formally...
Facebook’s top India lobbyist Ankhi Das quits after content row
NEW DELHI: Facebook Inc’s top India lobbyist Ankhi Das has quit, months after a newspaper report suggested the way the social media...
CCP thanks govt, AGP for help as LHC upholds Competition Act 2010
ISLAMABAD: In a major constitutional development, a three-member bench of Lahore High Court has upheld the Competition Act 2010 as being "constitutionally...
NBP’s 3Q profit surges 110pc to Rs11bn
National Bank of Pakistan (NBP) on Tuesday declared an after-tax profit of Rs11 billion for the quarter ended 30 September 2020, a...
Govt allows exports to Afghanistan via Kharlachi border
ISLAMABAD: Kharlachi border has been added to the list of borders for exports of goods from Pakistan to Afghanistan.
As per details, the...
FPCCI urges OGRA to reject proposal for gas tariff hike
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Oil and Gas Regulatory Authority (OGRA) to dismiss...
CPEC investor China Three Gorges to list subsidiary on PSX
With the listing, the Chinese want to impress upon the world that they are ready to share benefits of their projects with people of countries they are investing in
Traders demand immediate reopening of Hafeez Centre
'Closure of entire building was unnecessary, as 80pc of the plaza -- basement and first floor -- remained safe from the fire'
Covid-19 second wave: PM’s aide advises exporters to brace for volatile global markets
Special Assistant to Prime Minister on Trade and Investment Abdul Razak Dawood on Tuesday advised exporters to vigilant and maintain the flow...
ECC urged to approve Rs190m TSG for survey of coastal areas
ISLAMABAD: The Ministry of Maritimes Affairs has requested the Economic Coordination Committee (ECC) to approve a Technical Supplementary Grant (TSG) of Rs190...
Bears make a comeback as KSE-100 loses 468 points
KARACHI: Bears dominated the Pakistan Stock Exchange (PSX) on Tuesday, with the indices shedding gains accumulated in the previous session amid buying...
SBP makes remitting out divestment by foreign shareholders easier
KARACHI: The State Bank of Pakistan (SBP) has introduced a new mechanism to enable companies in Pakistan to conveniently remit out disinvestment...
British Airways’ 747 to be turned into cinema
LONDON: One of the last 747 jumbos flown by British Airways has been saved from the scrapyard, and will be converted into...
FFBL posts Rs3.3bn profit for July-Sept quarter
LAHORE: The Board of Directors of Fauji Fertiliser Bin Qasim Limited (FFBL) met on Tuesday to review the company’s performance and announce...