KARACHI: The government has placed KASB Bank Ltd. under moratorium for a period of six months with effect from close of business as of November 14, 2014, the statement issued by central bank stated. The payment of certain debts and obligations from the bank would be suspended while it would continue to receive all payments/…
KARACHI: The Karachi Stock Exchange (KSE) 100-share index rose by 200 points on Thursday reaching all-time high of 31,840 points.
LONDON: Prime Minister Nawaz Sharif on Wednesday arrived in UK to inaugurate the Pakistan-UK Energy Dialogue and Investment Conference, which is scheduled for Thursday in London.
ISLAMABAD: Following a crackdown by Oil and Gas Regulatory Authority (OGRA) on Liquefied Petroleum Gas (LPG) marketing companies for selling the commodity at inflated price, LPG price has been cut by Rs10 per kg in the market.
KARACHI: US dollar witnessed decline of 31 paisa and reached to lowest level regarding its value in last two months on Monday in Inter Bank market.
KARACHI: The Karachi Stock Exchange (KSE) rose by 280 points on Wednesday with the benchmark 100-index reached at an all-time high of 31,200 points.
ISLAMABAD: Despite complexes diplomatic ties between the two bordering countries, for the first time Pakistan’s annual imports from India crossed $2 billion level in the last financial year, 2013-14.
ISLAMABAD: The government on Saturday decided to postpone the sale of 10 percent shares of Oil and Gas Development Company (OGDCL) amid growing opposition from the workers and opposition parties and apprehension that the transaction may not meet the expected target of $815 million.
ISLAMABAD: State Minister for Privatization Muhammad Zubair Ummar on Friday clarified that the government was not privatizing Oil and Gas Development Company (OGDL). Addressing a press conference, Zubair said that there would be not change in the management of OGDCL and any party interesting to purchase stakes in the company would have not the liberty…
KARACHI: The Karachi Stock Exchange (KSE) rose by 275 points on Wednesday with the benchmark 100-index reached at an all-time high of 30,664 points.