Pakistan equities land in red zone, index sheds 236 pointsKARACHI: The Pakistan equities ended Thursday in the red after a volatile session as the benchmark KSE-100 index shed 236 points to close at the 43,395 level. The index oscillated between the day's hi...
100-day performance of ‘Excellence In Doing Business Reforms In Pakistan’ reviewedKARACHI: A meeting to review the performance of the Sindh Investment Climate Improvement Cell (SICIC) for implementation of the 100 days to Excellence in Doing Business Reforms Plan was held on Januar...
Richard Morin new CEO at PSXKARACHI: Richard Morin joined Pakistan Stock Exchange Limited (PSX) as CEO on Thursday following the due process prescribed under law. After acquiring 40% equity stake by Chinese Consortium and Self-l...
Foam manufacturers meet state minister for revenueISLAMABAD: Haroon Akhtar Khan, Special Assistant to the Prime Minster on Revenue has said that the government believes in creating a business friendly environment for the entire business community and...
Energy policy, electricity plan is in final stagesISLAMABAD: The National Electricity Plan and new Energy Policy of the Government of Pakistan is in its final stages of development and has full participation of the provinces. This plan will be of utm...
Meezan Bank named ‘Best Islamic Retail Bank’ in the World by IFN, MalaysiaKARACHI: Meezan Bank has been awarded the global winner of 'Best Islamic Retail Bank' for 2017 by Islamic Finance News of REDmoney Group, Malaysia. This is the second time that the Bank has received t...
Physical prices remain firm on demand during trading at cotton marketKARACHI: Physical prices remained strong on demand of better and second grade of cotton during the trading session in major stations of Punjab and Sindh. Buyers bought the commodity at a premium price...
Gold price averts price fall on Gold Futures, hedgingKARACHI: The yellow metal price in global and domestic markets averted any downward correction in prices on trading by hedgers and Gold Futures speculation on short term buying. Buyers bought metal fo...
Greenback closes flat in value versus domestic unitKARACHI: The greenback closed unchanged in value versus the domestic unit in the interbank and open market transaction on dull demand by the corporate and private sector. The greenback closed unchange...