KARACHI: The equity market gained 192 points on Thursday on hopes of positive outcome of monetary policy to be announced shortly.
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Interbank market ends with 35 paisas gain in rupee value
KARACHI – The US dollar experienced a decline of 35 paisas against the Pakistani Rupee in the Interbank Foreign Exchange Market on Thursday.
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APTMA demands release of RPOs before issuance of promissory notes
KARACHI: All Pakistan Textile Mills Association (APTMA) on Thursday demanded the Federal Board of Revenue (FBR) to release all Refund Payment Orders (RPOs) before issuance of proposed promissory notes.
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Rupee makes massive gain against dollar in mid-day trading
KARACHI – The Pakistani Rupee exhibited significant strength in mid-day trading on Thursday, gaining 42 paisas against the US Dollar.
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Lucky Cement posts decline in profit after tax by 16pc in first half
KARACHI: Lucky Cement Limited has posted decline in profit after tax by 16 percent to Rs5.5 billion for first half of the year ended December 31, 2018 as compared with the profit of Rs6.54 billion in the same period of the last year.
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Bill focuses very low on revenue collection: former FBR Member
KARACHI: The Finance Supplementary (Second Amendment) Bill, 2019, presented by the PTI government, is perceived to have a nominal impact on revenue collection, with a predominant focus on stimulating industrial growth.
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Rupee makes sharp gain of 22 paisas against dollar
KARACHI: The Pakistani Rupee (PKR) has experienced a sharp strengthening of 22 paisas against the US Dollar in early trade on Thursday.
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Car loans shrink by 55.3pc on non-filers restriction: State Bank
KARACHI: Car loans in Pakistan witnessed a significant decline of 55.3 percent during the first quarter of the current fiscal year, primarily attributed to government restrictions on non-filers purchasing cars.
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Prime Minister directs FBR to focus on big tax evaders
ISLAMABAD: Prime Minister Imran Khan has directed the Federal Board of Revenue (FBR) to intensify efforts in recovering taxes from major evaders.
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British Airways will increase Pakistan’s connectivity: SAPM
ISLAMABAD: Zulfikar Bukhari, the Special Assistant to the Prime Minister on Overseas Pakistanis & Human Resource, has highlighted the potential for increased connectivity and tourism opportunities between Pakistan and the rest of the world with the support of British Airways.
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