Cashflows in major cities in China rises during the Pandemic
In 2020 Shanghai had the highest average per capita in cashflow among the 19 major cities in China. With an...
The four powerhouses of Pakistan Stocks Exchange
The four powerful consortiums- Fauji Foundation, Hussain Dawood Group, Nishat Group and Yunus Brother Group, control 19.3 percent of the...
Gas firms pursue a 220 percent climb in prices
The country’s two main gas utilities- SNGPL and SSGCL have demanded up to 220 percent inflation in the prescribed prices...
Expert judiciary required to overcome insolvencies: Baqir
Governor State Bank of Pakistan (SBP) Reza Baqir said Pakistan needs to make improvements in the judicial system to be...
KSE-100 raises during SBP status quo bets
The stock market made a commotion in the previous session as the KSE-100 index rose nearly 180 points on bets...
Govt. briskly moves towards safeguarding IMF Tranche
Ordinances readied to implement power tariff trek, end corporate tax breaks. Through presidential ordinance a serious move has been taken...
Cabinet approves summary to withdraw tax exemptions
A summary approved by the federal cabinet on Friday, to immediately withdraw Rs140 billion worth of income tax exemptions in...
E-banking transactions increase by 24pc to Rs21.4tr
According to a report issued by the state bank on Thursday, 296.7 million e-banking transactions worth Rs21.4 trillion were made...
Dollar loses 98 paise as opposed to Rupee
Steep fall triggers trepidation selling by exporters On Wednesday the US dollar lost almost Re1 against the rupee as exporters...
Foreign Direct Investments skids 20 percent in February
In February Pakistan witnessed Foreign Direct Investment of $155 million, around 20 percent lower in comparison to January 2021’s net...