Business

PBC shares fiscal policy proposals with finance minister

PBC shares fiscal policy proposals with finance minister

ISLAMABAD: A high-level delegation from the Pakistan Business Council (PBC) led by its Chairman, Shabbir Diwan, here on Monday called…
Bearish sentiment grips PSX as investors eye earnings reports

Bearish sentiment grips PSX as investors eye earnings reports

Bearish sentiment persisted on the stock market on Tuesday, with investors closely monitoring corporate earnings and the recent monetary policy…
SBP brings policy rate down to 12pc in line with expectations of stakeholders

SBP brings policy rate down to 12pc in line with expectations of stakeholders

KARACHI: The State Bank of Pakistan (SBP) on Monday announced cut in key policy rate by 100 basis points (bps)…
Saudi Arabia allows foreigners to invest in firms with property in Makkah, Madina

Saudi Arabia allows foreigners to invest in firms with property in Makkah, Madina

DUBAI: Saudi Arabia’s market regulator said on Monday it would allow foreign investment in listed companies that own real estate…
New vehicles will not be misused, FBR tells Senate panel

New vehicles will not be misused, FBR tells Senate panel

ISLAMABAD: Defending its decision to procure over 1,000 vehicles, the Federal Bureau of Revenue (FBR) has cited access and mobility…
SM Tanveer disappointed by 100bps cut in policy rate

SM Tanveer disappointed by 100bps cut in policy rate

LAHORE: United Business Group (UBG) Patron-in-Chief SM Tanveer has expressed disappointment over the State Bank of Pakistan’s decision to reduce…
Stocks somersault on first working day of week

Stocks somersault on first working day of week

KARACHI: The Pakistan Stock Exchange (PSX) lost its sheen on the first day of the week amid decline in KSE-100…
Sugar prices up by Rs11 per kg in three months

Sugar prices up by Rs11 per kg in three months

ISLAMABAD: Sugar prices in Pakistan have seen a significant increase, rising by at least Rs11 per kg over the last…
Gas prices remain unchanged for most categories

Gas prices remain unchanged for most categories

ISLAMABAD: The gas sale prices for various consumer categories will remain unchanged, including domestic, special roti tandoor, General Industry (Process),…
Oil slips as Trump repeats call for OPEC to reduce prices

Oil slips as Trump repeats call for OPEC to reduce prices

SINGAPORE: Oil prices fell more than 1% on Monday after US President Trump called on OPEC to reduce prices following…
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