PSX jumps over 1,000 points after MSCI adds 15 more Pakistani companies
KARACHI: The Pakistan Stock Exchange (PSX) jumped up by 1,000 points to around 48,900 in the early trading hours on Friday.…
Forex reserves decline to $8.04b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) have fallen by 1.35% on a week-on-week basis,…
ECC refuses to approve funds for arbitration
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has refused to approve Rs1.62 billion in supplementary grant, an amount…
Modern tech a must for surgical item makers
SIALKOT: Sialkot Deputy Commissioner Adnan Mehmood Awan has said that Sialkot is second to none in the world in the…
Palm oil demand rises as rival oil prices jump
MUMBAI: creasing as its discount to soy-oil and sun-oil has grown, driven by the recent price rise in rival oils…
Remittances plummet to five-month low in July
KARACHI: Significant setback as the inflow of workers’ remittances from overseas Pakistanis through official channels dropped to a five-month low…
Rupee stays stable, falls just 0.05%
KARACHI: Pakistani currency continued to stabilise around current levels on Thursday, ticking down 0.05%, or Rs0.14, to Rs287.60 against the…
Bulls lose control in absence of cues
KARACHI: Investor sentiment flipped at the Pakistan Stock Exchange (PSX) on Thursday in contrast to the rally a day ago…
PIA gets new CEO as it braces for privatisation
KARACHI: Pakistan’s flag carrier, Pakistan International Airlines, has appointed former Air Vice Marshal Muhammad Amir Hayat as Chief Executive Officer…
Cabinet revives search for OGDCL managing director
ISLAMABAD: In a recent decision, the cabinet has nullified the earlier process of selecting a managing director (MD) for the…