BUSINESS
Pakistan’s stock exchange closes down due to currency depreciation.
April 21, 2022
Pakistan’s stock exchange closes down due to currency depreciation.
KARACHI: The Pakistani equity market remained turbulent on Thursday, owing to continued currency depreciation and investor fears over a possible…
The stock market is entering a bearish phase.
April 21, 2022
The stock market is entering a bearish phase.
KARACHI: The stock market continued its downward trend on Wednesday, as the benchmark index failed to maintain its upward momentum…
The FBR announces a reform initiative aimed at enhancing tax administration.
April 21, 2022
The FBR announces a reform initiative aimed at enhancing tax administration.
ISLAMABAD: The Federal Board of Revenue (FBR) has launched the Inland Revenue Important Reform Plan (2021–25) with the objective of…
KE requests a rate increase of Rs 5.27 per unit in March.
April 21, 2022
KE requests a rate increase of Rs 5.27 per unit in March.
ISLAMABAD: K-Electric has requested an increase of around Rs 5.27 per unit in its monthly fuel cost adjustment (FCA) for…
T-bill yields can increase by up to 70 basis points.
April 21, 2022
T-bill yields can increase by up to 70 basis points.
KARACHI: In the new government’s first auction of treasury notes, cut-off yields increased by 70 basis points, implying that the…
The majority of Asian indexes gain ground as US yields decline, but Chinese stocks also decline.
April 21, 2022
The majority of Asian indexes gain ground as US yields decline, but Chinese stocks also decline.
(Reuters)-Hong Kong (Reuters) – Mainland On Thursday, stocks in China and Hong Kong fell because of worries about China’s economy.…
Presidential citation in the Supreme Court: “Loyalty is the bedrock of the constitution.” CJP
April 20, 2022
Presidential citation in the Supreme Court: “Loyalty is the bedrock of the constitution.” CJP
On Wednesday, Chief Justice of Pakistan (CJP) Justice Umar Ata Bandial stated that loyalty is a fundamental principle of the…
Pkr continues its losing trend, falling by Rs. 1.48 versus the US dollar.
April 20, 2022
Pkr continues its losing trend, falling by Rs. 1.48 versus the US dollar.
PKR’s losing streak continues, dropping by Rs1.48 against the US dollar in the last two days alone. KARACHI: When you…
Pakistan earned $880 million in IT services in just 8 months.
April 20, 2022
Pakistan earned $880 million in IT services in just 8 months.
Over the course of eight months, Pakistan earns $1688 million from selling IT services outside the country. ISLAMABAD (APP) -Pakistan…
(FY22): FDI fell 2% in the first nine months.
April 20, 2022
(FY22): FDI fell 2% in the first nine months.
It’s in Karachi. From July to March, foreign direct investment (FDI) dropped by 2%. At the end of that time,…