Business

Bank achieves industry-low 19% cost-to-income ratio; declares Rs5.50 dividend

Nabeel praised the formation of a dedicated task force and highlighted ABAD's proposals

Strategic partnership aims to simplify trade processes and empower women entrepreneurs

Goldman Sachs expects US to remain primary destination for heavy crude

Textile, auto sectors picked in pilot phase for formalisation

The profit reflects a 13% year-on-year growth, despite high inflation and investments in the bank's infrastructure.

In the international bullion market, the price of gold per ounce has risen by $6, reaching $2,936.

78 customs officers, smugglers under investigation for major smuggling ring

Inflationary pressures resurface as prices of essential items spike

IPOR calls on govt to strengthen enforcement efforts, impose penalties

HLSCC proposes to enhance trade, investment, tourism, energy and defence ties

Minister directs provinces to set up stalls, says public to access sugar at Rs130/kg

Falls to Rs307,000 as global rates decline, rupee loses 11 paisa closing at Rs279.57/$

Inks MoU to promote awareness about Hemayah Family Takaful

Cement, banking shares drag index down; Lucky announces 5-for-1 stock split

With weak tech systems, digital banks struggling to commence full operations

Through cooperation, the efficiency of wheat varieties can be lifted.

PM directs to address retailers' concerns and prioritise bringing non-compliant retailers into the tax system.

The Bybit hack led to $1.4 billion in stolen ETH, with funds now being transferred across multiple addresses.

Gold prices dropped by $23 per ounce in the international market, reflecting a similar decline in local gold markets.

The Saudi Riyal saw a slight shift, with the buying rate at Rs74.49

Pakistan has highest tax on branded milk globally; Aurangzeb assures review

The plan aims to address the issue of circular debt.

Call for 50% local value addition in RE projects rising to 90% by 2028

Despite jitters from C/A deficit, strong earnings propel index higher

He highlighted that several buildings misuse designated parking areas for commercial purposes.

LSM sector contracts 1.9% in Jul-Dec due to high cost of business

Govt to unveil second reform package by March, allocates Rs477m for digitisation

Metal reaches Rs309,000/tola; SBP reserves rise $35m to $11.2b

Experts urge move towards digitalisation to boost exports, job creation

Say re-election of trade bodies will be waste of resources; propose consultation

Russia and the US have had their first meeting since the start of the Ukraine war.

Advisor to finance minister says mission will visit from Feb 24-28 to review climate resilience funding for Pakistan.

The price of gold per ounce surged by $9, reaching $2,953.

Pakistan's petroleum dealers oppose deregulation policy.

Senator claims surge in IT firms raises suspicion of misuse of lower tax rates

Fuel adjustment for January 2025 offers relief to consumers, excluding K-Electric customers

New service beginning mid-March will boost trade with Central Asia, Russia

Trade wars appear on WTO agenda for first time; member countries call for restraint

KSE-100 index adds 254 points and settles at 113,342

Call for real-time data systems, predictive analytics to mitigate risks related to climate change, public health, econ

Using mobile phones, farmers can check crop health regularly as drones monitor fields

Federal education ministry permitted to buy 200,000 refurbished laptops for Islamabad schools, colleges

Jumps Rs3,800/tola while rupee slips to 279.47/$; SBP raises Rs258.8b in T-bills against Rs350b target

Trump has long railed against what he calls the unfair treatment of US automotive exports in foreign markets.

WB delegation praised the government’s reform agenda, noting that Pakistan’s efforts were yielding positive results.

The price of gold per 10 grams also rose by Rs 3,255, reaching Rs 264,060.

Punjab's Warehouses Association urges establishing global warehouses to boost trade, logistics, and supply chains.

Gold prices rise to Rs304,200 per tola in Pakistan amid global economic uncertainty; rupee slightly depreciates.

Envoy says free trade extends beyond goods, also includes services and investment