PBC delegation meets finance ministerIslamabad: A delegation of the Pakistan Business Council (PBC) led by Ehsan Malik and Bashir Ali Mohammad met Finance Minister, Dr. Shamshad Akhtar here. The meeting was attended by secretaries of the...
Oil prices rise, but still set for weekly drop on oversupply, trade worriesCrude prices rose on Friday, but were still set for a weekly drop on concerns about oversupply and the ongoing trade conflict between the United States and China, the world's two biggest oil users. Br...
PIAF wants probe into massive slide of rupee vs dollarLAHORE: Pakistan Industrial and Traders Associations Front (PIAF) chairman Irfan Iqbal Sheikh has demanded a high-level probe into massive devaluation of rupee by over 21% during last six months. He a...
Pakistan must ignite rapid commercialisation & exportabilityAll over the world, the mantras of innovation are simmering down, partially due to the lack of commercialization, lack of monetization and lack of entrepreneurialism at most of the deployment stages....
Appointment of legal advisors: SECP achieves 85% complianceThe SECP's effective initiatives and measures have resulted in an 85% compliance with the provisions of the Companies (Appointment of Legal Advisers) Act, 1974. The Act requires the companies having p...
PSX index stumbles as bulls lose controlBulls lost control as profit booking was witnessed at the Pakistan Stock Exchange (PSX) on Friday, where the index made an intraday low of 41,157 to close at 41,222 points levels or 1.4 percent. The i...
PPL discovers gas in Hub X-1, BalochistanPakistan Petroleum Limited, operator of Hub Block (2566-4), together with its joint venture partner Sindh Energy Holding Company Limited has discovered hydrocarbons from exploratory well Hub X-1, loca...
Greenback edges higher in value versus domestic unitThe US currency appreciated by 40 paisas against the domestic unit in interbank due to outflow in the form of importers' payments and a moderate supply of remittances and export proceeds. The dollar,...
Yellow metal price sustains steady trend on short term deals, hedgingYellow metal price in domestic and international market remained steady on improved demand on long and short term basis while deals on dollar-metal price parity put trading moderate. Major leading buy...
Range-bound trading keeps cotton prices steady, demand for better grades on riseThe cotton price remained firm during the trading session at Punjab and Sindh stations. Around 3,000 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained intact at Rs 8,900 per...