KARACHI: Bearish spell at Karachi Stock Exchange (KSE) grew in strength on Wednesday, as the benchmark KSE 100-share Index witnessed a sharp decline of 817.28 points or 2.5 percent to close at 31,524. During the intra-day trading, the main Index … read more
KARACHI: The announcement of Monetary Policy for the next two months is likely to be made on March 21 by the State Bank of Pakistan (SBP). The experts are expecting a further cut in the policy rate in view of … read more
Islamabad: The Economic Coordination Committee (ECC) has approved allocation of 75 per cent gas from Turkmenistan-Afghanistan-Pakistan-India (TAPI) to Sui Northern Gas Pipelines and 25pc to Southern Gas Company. The approval was given during ECC’s meeting held in Islamabad on Saturday … read more
ISLAMABAD: Pakistan Telecommunications Authority (PTA) and mobile phone operators on Saturday announced that biometric verification of SIMs was proceeding smoothly and expressed optimism that the process would be completed prior to the April 12 deadline. In the first two phases … read more
The International Monetary Fund (IMF) has cited Pakistan’s prudent monetary and fiscal policies along with other measures as reasons for an improvement in the country’s economy, reported The Wall Street Journal. Director IMF Middle East and Central Asia Department, Masood … read more