Business

KSE-100 index declined 800pts closing 32,358pts

KARACHI: The Pakistan Stock Exchange (PSX) benchmark KSE 100-share Index has lost 800 points at the start of the first day of the trading...

ICI Pakistan posts 35% declining profit of Rs 1.773bn in last...

Sales continue to grow; Company remains positive about the future outlook as new projects near completion KARACHI: ICI Pakistan PowerGen Limited, Cirin Pharmaceuticals (Private) Limited...

Greenback touches Rs 154 in Kerb market

KARACHI: The US dollar continued its steep incline in Pakistan, reaching a new all-time high in the interbank and open market on Tuesday. In the...

Pak-rupee closes at Rs 144 against a dollar

KARACHI: The greenback hit all-time high at Rs 146.25 in the open currency market, but the sources claimed that it settled down at Rs...

Low-cost housing project: SBP to offer 90% loan: Tariq Bajwa

ISLAMABAD: The governor State Bank of Pakistan (SBP) Tariq Bajwa on Monday announced that the bank would provide 90 per cent loan for construction...

ICI Pakistan launches commercial operation of Masterbatches manufacturing in Karachi

The Company takes another strategic step towards fulfilling growth aspirations by enhancing the product portfolio of its Chemicals Business. KARACHI: ICI Pakistan Limited has launched...

Sale of locally manufactured cars declines by 24% in April 2019

KARACHI: Pakistan auto sales went down by 24 per cent year on year (YoY) in April 2019. The major contributor to this decline is...

New aviation policy: Pakistan may withdraw open sky policy

ISLAMABAD: A new aviation policy had been approved by the federal cabinet in a meeting held Tuesday while the government is also thinking to...

Saudi Arab to start giving oil of $3.2bn for three years...

Pakistan’s petroleum group imports including crude and Liquefied Natural Gas LNG stood at $13.26 billion during the last fiscal year FY18 while the country...

Billions of rupee  discovered in fake bank accounts of dead man

KARACHI: After a series of mysterious deposits in bank accounts of several unsuspecting individuals across the country, yet another transaction worth billions of rupees...
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