Ex-Wapda distribution companies wanted to withhold refund payments to improve cash flows.
Pakistani cement makers are competing with Iranian, Indian and East Asian cement makers in the Sri Lankan market.
Bosan says only collaborative efforts would lead towards a golden era of agricultural development.
Rs7 billion has already been released in regard to the bank.
"The revival of sick units will earn $1 billion in foreign exchange and create five million jobs."
The benchmark index witnessed range-bound activity.
Engro Corp profit falls 23pcKARACHI: Engro Corporation Ltd posted profit after tax (PAT) at Rs2.84bn for the first...
Dar says the proposed Pakistan Development Fund will be set up in partnership with the Asian Development Bank.
The Jan-March quarter's result remained slightly above market expectations.
Brokers say shortage of quality cotton, liquidity crunch faced by the textile industry were causing slowdown in trading.
Platinum fell 0.7pc to $946.60, while palladium rose 0.3pc to $802.60.
KUALA LUMPUR: Malaysian palm oil rebounded from earlier losses on Wednesday evening, rising for a third session in...
The share of the three groups edged up to 55 per cent in the total import bill during the period from 50pc a year ago.
Acting auditor general of Pakistan Haq Nawaz retires on April 28.
Behaving like stock market gurus and making suggestions about investments are illegal: SECP.
Inflows remained largely ineffective due to the rising outflow of profits and dividends.
PSMCL’s sales turnover surged 19pc in the outgoing quarter on account of 7pc rise in overall volumetric sales.
HYDERABAD: The Sindh Chamber of Agriculture (SCA) on Tuesday supported the provincial government’s move to act...
KARACHI: The Pakistan Stock Exchange (PSX) that was breathing fire for the past four sessions saw some cooling on...
BAHL earned Rs2.3bn in first quarterKARACHI: Bank Al Habib (BAHL) posted a profit after tax (PAT) of Rs2.31 billion...
Reports suggest that the flow of water to lower part of Sindh has improved.
NEW YORK: The Nasdaq crossed the 6,000 threshold for the first time on Tuesday, while the Dow registered ...
GENEVA: The World Trade Organisation on Tuesday gave Mexico the green light to impose $160 million in annual tariffs...
Platinum inched down 0.7pc to $951.81 an ounce while palladium fell 0.4pc to $793 an ounce.
SAI said its members have been harassed by FBR’s ongoing drive of sending audit notices to taxpayers.
KUALA LUMPUR: Malaysian palm oil futures had their weakest intraday performance in one week, snapping two straight...
MONTREAL: Great-West Life, one of Canada’s largest insurance companies, announced 1,500 job cuts on Tuesday, ...
WASHINGTON: Sales of new homes in the United States forged higher for the third straight month in March, hitting the...
The AML units are given a target of recovering around Rs8-10 billion in May and June.
The new prices have been implemented with immediate effect and will continue up to the end of Ramazan: USC spokesperson.
The data for the month of March shows that exports of value-added products grew both in terms of value and quantity.
An emerging affluent Pakistani class saves only 14pc of his or her monthly income.
Large exposure will not be applicable to investments in government securities and loans secured against govt guarantees.
The oil marketing company’s after-tax profit swelled 209 per cent year-on-year to Rs14.2 billion.