Business & Economy

ISLAMABAD, Feb 27 (APP):The 100-index of the Pakistan Stock Exchange (PSX) on Monday gained 76.37 points, a slight positive change of 0.19 per cent, closing at 40,784.13 points against 40,707.76 points the previous day. A total of 158,084,396 shares were traded during the day as […]

ISLAMABAD, Feb 25 (Online): Pakistan has accepted IMF demand to enhance interest rate by two percent. Staff level agreement will be reached after the matters of power sector are settled. The talks are likely to be completed next week. According to finance ministry sources the […]

ISLAMABAD, Feb 24 (APP):The Securities and Exchange Commission of Pakistan (SECP) held a thematic workshop to demonstrate the prototype of re-designed digital regulatory processes for Limited Liability Partnership (LLP), company registration and filing, and compliance. Under its digitization program, “Leading Efficiency through Automation Prowess (LEAP),” […]

Stockholm, Feb 24 (AFP/APP): Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting programme as financial headwinds push operators to rein in spending. Ericsson, which had a total of 105,000 employees at the end of 2022, last month […]

ISLAMABAD 23 Feb (Online): Shares at the Pakistan Stock Exchange (PSX) slid on Thursday on fears that the central bank may raise the policy rate, which is already at a 25-year-high of 17 per cent, in an off-cycle review. The benchmark KSE-100 index lost 329.09 […]

Geneva, Feb 23 (AFP/APP): Russia’s war in Ukraine did not dent global trade in 2022 as badly as feared, the World Trade Organization said Thursday — and Russia’s export values even surged. A year on since the full-scale invasion, the WTO concluded that trade had […]

PESHAWAR, Feb 23 (APP): Malakand Chamber of Commerce & Industry (MCCI) has called for an extension of the tax exemption period in the newly merged districts of Khyber Pakhtunkhwa (KP). The call was made during a joint meeting of the cabinet and executive of the […]

KARACHI, Feb 22 (APP):Sindh Energy Minister Imtiaz Ahmed Sheikh on Wednesday said that Thar coal reserves, and other natural resources of Sindh were reliable sources to fulfill the energy requirements of the country. The minister, while addressing a consultative session held here to deliberate upon […]

ISLAMABAD 22 Feb (Online): There is possibility of rise in electricity tarrif upto 50 paisa per unit for consumers. Electricity companies have filed application in National Electric Power Regulatory Authority (NEPRA) for the recovery of 17 Billion and 198 million. LESCO asked for the permission […]

Islamabad: The Board of Directors of Oil & Gas Development Company Limited (OGDCL) in its meeting held on 22nd February, 2023 at OGDCL Head Office, Islamabad announced the financial results for the half quarter ended 31st December, 2022 of fiscal year 2022-23. Net sales revenue […]