Business

Analysts expect rate hike of up to 300bps in SBP’s monetary policy announcement

Karachi: Market is expecting rate hike as high as 300 basis points when State Bank of Pakistan’s Monetary Policy Committee (MPC) meets next to decide key policy rate. An...

OSH compliance crucial for exporters: Dr. Gohar Ejaz

KARACHI: Dr. Gohar Ejaz Minister of Commerce, Production and Industry said that it is imperative that Pakistani exporters, especially textile related, must comply with all ILO...

Umar Saif says, 'We will bring PayPal, stripe payment gateways to Pakistan'

Karachi: Caretaker Minister for IT and Telecom and Science and Technology Dr Umar Saif said enabling PayPal and stripe payment gateways in Pakistan is "High priority" for curr...

NEPRA asks DISCOs to improve performance in 15 days

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) directed power distribution companies (DISCOs) to improve their performance in 15 days. "NEPRA will conduct he...

Commerce Ministry rules out shortage of sugar in market

ISLAMABAD: Ministry of Commerce and Industries ruled out shortage of sugar despite plans to import commodity from Brazil. Clarification comes after sources claimed that Pakist...

Bloodbath at PSX; index drops over 1700 points

KARACHI: Bears maintained a firm grip on the Pakistan Stock Exchange (PSX) on Thursday as the benchmark index tanked nearly 4% amid fears over the worsening economic condition...

PSX loses 526pts on weak economic triggers

Karachi: 100-index of Pakistan Stock Exchange (PSX) witnessed bearish trend and shed 525.86 points, showing negative change of 1.12 percent, closing at 46,244.56 points agains...

Caretaker PM invites Enertech Holding for further investment

ISLAMABAD: Caretaker Prime Minister Anwarul Haq Kakar invited Kuwaiti companies for investment in Pakistan. Head of Emerging Markets Enertech Holding Kuwait, Yasir Malik calle...

Pakistan to launch 5G services within 10 months: Interim Minister

ISLAMABAD: Caretaker Minister for IT and Telecommunication Dr Umar Saif decided that 5G services will be launched in Pakistan within 10 months. Development emerged after pivot...

Zeeshaan Shah-youngest shortlisted for 21st Asian Achievers Awards

Karachi: Zeeshaan Shah-British-Pakistani serial entrepreneur has established himself as mogul in business world and is youngest entrepreneur to have been shortlisted for Busin...

NC Big Stories

Pakistan's religious ministry shares flight details for Hajj 2024

ISLAMABAD: Pakistan religious ministry has shared details of Hajj 2024 flights on Friday. As per details shared by the Pakistan religious ministry’s spokesperson, flight...

PM Sharif dismisses food security secretary amid wheat scandal

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif has suspended the secretary food security over a wheat import scandal.  The premier sacked Secretary Food Security Muhammad...

PM anticipates productive engagement with Saudi delegation

Prime Minister Shehbaz Sharif expressed hope on Friday that the forthcoming interaction with a delegation of Saudi businessmen, expected to visit Pakistan in the next few days...

Journalist killed, nine injured in Khuzdar blast

A senior journalist was killed and nine others were injured in a bomb blast in Chamrok area of Khuzdar, Balochistan, on Friday. According to police officials, the vicitm, iden...
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