Business
Rupee hits nine-month low at 163.35
August 2, 2021
Rupee hits nine-month low at 163.35
KARACHI: The Pakistani currency hit nine-and-a-half month low at Rs163.35 against the US dollar in intra-day trading in the interbank…
Short-term debt hits eight-month high
August 1, 2021
Short-term debt hits eight-month high
KARACHI: Pakistan’s reliance on short-term borrowing in foreign currency denominations is on a rise since the last three successive months…
Textile giant stresses revival of cotton output
August 1, 2021
Textile giant stresses revival of cotton output
BEIJING: Recently, Pakistan’s cotton crop has seen a whopping reduction in its production. Cotton has continued to weaken in recent…
Body to push economic diplomacy
August 1, 2021
Body to push economic diplomacy
ISLAMABAD: The newly constituted Pak-China Relations Steering Committee would supervise economic diplomacy with China in addition to sorting out operational…
FBR exceeds July target by Rs68b
July 31, 2021
FBR exceeds July target by Rs68b
ISLAMABAD: The Federal Board of Revenue (FBR) has exceeded July’s tax collection target by a wide margin of Rs68 billion…
Amazon hit with $886m fine for alleged data law breach Published18 hours ago
July 31, 2021
Amazon hit with $886m fine for alleged data law breach Published18 hours ago
The fine was issued by Luxembourg’s National Commission for Data Protection, which claimed the tech giant’s processing of personal data…
Monzo bank in money laundering rules investigation
July 31, 2021
Monzo bank in money laundering rules investigation
The financial watchdog sent letters to several retail banks including Monzo in May, warning of failings in their anti-money laundering…
The China-Pakistan Economic Corridor winds through Gilgit-Baltistan
July 30, 2021
The China-Pakistan Economic Corridor winds through Gilgit-Baltistan
Pakistan’s Gilgit-Baltistan region is frequently in the news these days and it is not for its mouth-watering cherries and dried…
Engro Fertilisers’ profit surges 24% to Rs4.8b
July 30, 2021
Engro Fertilisers’ profit surges 24% to Rs4.8b
KARACHI: Engro Fertilisers’ profit jumped 23.8% to Rs4.8 billion in the quarter ended June 30, 2021 on the back of…
IESCO chief hiring draws concern
July 30, 2021
IESCO chief hiring draws concern
Cabinet members have expressed serious concern over the appointment of Amjad Khan as chief executive officer (CEO) of Islamabad Electric…