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Rupee falls to record low
The rupee dropped by 14 paisa and hit a record low of 85.77/84 against the dollar on Monday.
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Speculators drive up sugar prices ahead of Ramazan
Sugar prices have increased once again, this time by Rs1.5 per kilogramme in wholesale markets.
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Wholesale price of flour reduced
Flour prices have been slashed by seven rupees per 10-kilogramme bag in wholesale markets.
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LPG prices may fall by Rs1.5 per kg
LPG prices are expected to fall as Saudi Aramco Contract Price has declined by $33 to $589 per ton.
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Man in charge says Pakistan Steel to become profit-making entity
The financial policies being followed at present will turn Pakistan Steel Mills into a profit-making entity.
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Pakistan set to allow 22 more Indian products
Pakistan is considering allowing import of 22 more items from India by shrinking the list of banned products.
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Pakistan’s economy and its growth
Pakistan stands at number 27 with respect to purchasing power and 45 with respect to dollar terms on the globe.
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United Kingdom: a leader in Islamic finance
More than any other country, the United Kingdom has been by far the largest Shariah-compliant banking hub for Muslims.
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Talking business
And now the SBP joins the growing chorus of voices that say the government’s plan to finance its fiscal deficit.
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Minimum wage: yet another failed act?
Mohammad Asif’s life is typical of those at the bottom of the income pyramid.
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UBL announces 10% cash dividend
United Bank Limited has announced a cash dividend of 10 per cent or Re1 per share in its financial results.
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Stocks rise as activity picks up in second half
Equities witnessed a relatively subdued first half but saw a flurry of activity in the second session on Friday.
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Crackdown against illegal fishing nets
The Sindh Ministry of Fisheries has decided to launch a crackdown against the use of illegal fish-catching net.
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CNG association threatens violence if demands not met
Hidden charges of more than Rs6 billion per month are being billed to consumers by gas companies.
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25% for starting own businesses: survey
A survey revealed that around 25 per cent Pakistanis have thought about starting their own business.
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Country’s trade deficit swells to $14b: Fahim
Pakistan’s trade deficit swelled to more than $14 billion between June 2009 and April this year.
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Traders seek extension in shop timings
Leaders of business community have urged the government to lift the law demanding closure of shops by 8pm in Ramazan.
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SBP raises key discount rate by 50bps
The SBP on Friday announced a slight increase in its benchmark interest rate from 12.5 per cent to 13 per cent.
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Engro Corporation: all segments shine
Engro's strong earnings growth came from a combination of volume growth, margin expansion and start of new...
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India’s trade three times more with Malaysia
Indian trade with Malaysia is three times higher than that of Pakistan.
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Meeting convened to sort out differences
The federal government has called a meeting of four federating units on Tuesday to discuss the implementation of GST.
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Power prices still subsidised despite 56% rise in tariffs
The cost of producing electricity is still higher than the amount that customers are paying, said Pepco.
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NBP eyes top slot among region’s banks
Regional Heads Conference convened by the NBP discussed the strategy to capture the top slot banks in the region.
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Pakistan using more oil as regional demand shifts to coal, water
Pakistan’s use of oil has increased during the last five years despite a constant rise in oil prices.
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Fauji Fertiliser’s profit up 12 per cent on higher urea prices
Fauji Fertiliser Company reported an increase of 12 per cent in its net profit on the back of higher urea prices.
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Fertiliser demand declines by 68 per cent in first half
Fertiliser demand has slumped during the current year on the back of high prices.
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Switzerland has invested $1.2b in Pakistan
Swiss multinational companies over the past seven years have invested $1.2 billion in Pakistan.