World Bank approves loan of $450m to curb poverty in Pakistan

ISLAMABAD, Mar 17: The World Bank (WB) on Wednesday approved a loan of worth $450 million to help the poorest and most vulnerable people...

Crude oil prices drop to 3-month low in inter’l market

LONDON, Mar 16: Oil prices have tumbled, weighing down energy shares in the world in wake of a report of rising crude stocks. Oil prices...

First ‘hybrid rickshaw’ introduced in Pakistan

KARACHI, Mar 6: Pakistani company Green Wheels Private Limited introduced a hybrid rickshaw in an auto parts show organized at Karachi’s Expo center. The Chinese...

Pakistan Stocks benchmark index breaches 50,000 barrier

KARACHI, Jan 24: Pakistan Stock Exchange (PSX)-100 index on Tuesday briefly touched a record high level of 50,050.19 on Tuesday, before edging down, underpinned...

SBP asks forex companies to help strengthen rupee against dollar

KARACHI, Jan 18: The State Bank of Pakistan has been showing concerns about the appreciation of the dollar in the open market. Its officials...

Over 78% American Companies willing to invest in Pakistan

DAVOS, Jan 17: Over 78 percent American companies are willing to invest more in Pakistan over the next 12 months, owing to improved security...

Section 144 imposed in Gadani ship-breaking yard amid mounting mishaps

KARACHI, Jan 10: Authorities have imposed section 144 in Gadani ship-breaking yard after which work has been halted there for at least 15 days. The...

PSX continues record-breaking run, crosses 49,300 points

KARACHI, Jan 9: Continuing its record-breaking bull-run, Pakistan Stock Exchange (PSX) has extended its last week’s gains on Monday as it has rallied by...

Pakistan edible oil import reduces by 7% and 39% in five months

ISLAMABAD, Jan 5: Import of edible oil into the country including soyabean and palm oil during first five months of current financial year reduced by 33...

Stock Exchange 100-index attains landmark of 47,000 level

KARACHI, Dec 19: Breaking all the previous records, the benchmark 100-share index of the Pakistan Stock Exchange (PSX) crossed the landmark of 47,000 level...