World Bank underscores Covid’s risks to Pakistan’s economy
The ‘South Asia Economic Focus: South Asia Vaccinates, Spring 2021’ warned that more delays in the implementation of critical structural...
Govt announces decrease in petroleum prices by 2.5pc
The government announced the decrease in petroleum prices by up to 2.5pc on Wednesday for the next 15 days to...
FBR company hits Rs473 billion in March
The net collection for the month of March was Rs475bn against a target of Rs439bn, an increase of 8.2 percent....
IMF issues third loan tranche of nearly $500m to Pakistan
Pakistan Received the third tranche of around $500 million from the International Monetary Fund's (IMF) loan program, a week after...
Rupee continues hike against US Dollar
The value of the rupee rising against the US dollar continuously with the upsurge of 49 paise on Wednesday as...
PayPal introduces Crypto checkout service
On Tuesday, PayPal will announce that it has started allowing US consumers to use their cryptocurrency holdings to pay at...
Credit Suisse and Nomura struck deep at hedge fund
Major global banks could be hit with billions of dollars in losses after US investment firm Archegos Capital was forced...
Archegos Capital: widespread chaos on wall street
The names of the key players are different, but the lessons similar. The spectacular implosion of hedge fund Archegos Capital Management, much...
Net-profit deluge surpasses $1 billion; 8MFY21
The outflow of profits and dividends on foreign investment crossed $1 billion during the first eight months of the current...
Equities tumble as 1,090 points as covid escalates
After five months, the KSE-100 index lost more than 1,000 points in a day to plunge by 1,090 points, or...