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Steel prices to down by Rs2,000 per ton, cooking oil by Re1 per kg
KARACHI: The benefits of reduction in petroleum prices has started appearing as the prices of steel and cooking oil will...
Expansion of investor base must for capital market growth: KSE MD
KARACHI: Karachi Stock Exchange (KSE) Managing Director (MD) Nadeem Naqvi has said that there is a need to expand investors’...
Lenovo copies Apple’s iPhone 6 for its Sisley S90
BEIJING: Lenovo has completely copied Apple’s iPhone 6 to design an Android smart phone, the Sisley S90. The handset is...
OGDCL 311m shares at Rs216 equivalent to 10% divested, Minister denies privatisation/IMF pressure
ISLAMABAD: The Government has clarified that Oil and Gas Development Company Limited (OGDCL) is not being privatized and assured that...
OGDCL’s 311m shares to be offered to institutional investors, IMF pressure denied
ISLAMABAD: The Government has clarified that Oil and Gas Development Company Limited (OGDCL) is not being privatized and assured that...
Closing: KSE 100-Index grazes all-time record of 31,000pts with 0.001% on intra-day high of 30999.71pts
KARACHI: The Karachi Stock Exchange (KSE) KSE 100-Index has almost grazed the highest-ever psychological barrier of 31,000 points on Friday with...
FIA faces strong resistance for placing PSO MD name on ECL
ISLAMABAD: The Senate Standing Committee on Petroleum and Natural Resources has condemned the Federal Investigation Agency (FIA) for putting Pakistan...
IHC moved to halt OGDCL privatisation
ISLAMABAD: Another petition has been filed in court to halt the privatisation of Oil & Gas Development Company Limited (OGDCL)...
Pak rupee gains 60 paisas to stand at 102.5
KARACHI: Pakistani rupee Friday gained a noticeable value against the US dollar both in open market and interbank as the...
FIA flayed over putting PSO officials’ names on ECL
ISLAMABAD: The Senate Standing Committee on Petroleum and Natural Resources has condemned the he Federal Investigation Agency (FIA) for putting...
SHC extends stay order against construction of nuclear plants
KARACHI: A Sindh High Court (SHC) bench, headed by its Chief Justice Maqbool Baqar, granted extension in a stay order...
Court orders Sharifs’ Ittefaq Group to pay Rs3.5b mark-up
LAHORE: Lahore High Court (LHC) Justice Ayesha A Malik directed the Ittefaq Group of the ruling Sharif family to pay...
PTCL launches allowance, bonus scheme for employees
LAHORE: Pakistan Telecommunication Company Limited (PTCL) has introduced a highly lucrative Voluntary Separation Scheme (VSS) package for its employees which...
SBP foreign reserves touch $8.618b, other banks keep $4.82505b
KARACHI: Total liquid foreign exchange reserves of the country soared to $13.44309 billion. According to SBP's weekly statement, the foreign...
IMF’s $1.1b tranches: Govt agrees to sell OGDCL shares at low price of Rs216
ISLAMABAD: The International Monetary Fund (IMF) is behind the government decision to sell Oil and Gas Development Company Limited (OGDCL)...
Closing: KSE maintains all time high position, up 70 points
KARACHI: The Karachi Stock Exchange (KSE) 100-index 70.47 points to reach 30663.78 points and volume of 211,621,120 shares on Thursday...
Opening: Shining KSE adds another 162 points, reaches 30755
KARACHI: Stocks consolidated its overnight rally and kept on upward march, adding another 162 points or 0.53 percent to take...
Punitive duties: Pakistan drags EU to WTO
ISLAMABAD: Pakistan took the European Union to the World Trade Organisation, challenging the latter’s move of imposing punitive duties on...
Pakistan launches trade dispute at WTO, challenges EU’s punitive duties
NEW YORK: Pakistan launched a trade dispute at the World Trade Organization on Wednesday to challenge the European Union's punitive...
Rs67 billion ‘gas bomb’ ready to explode
ISLAMABAD: People of Pakistan have to bear another burden in account of gas consumption as Ministry of Petroleum & Natural...
