The Central Bank Conducted an OMO on Thursday in which it injected Rs.110.00 Billion into the market for 1 Day through a Reverse Repo. It received 11 quotes, ranging from 5.88% to 5.84%, for a
Markets on Wednesday experienced their lowest drop since September last year. Ever since Trump’s inauguration, US markets’ had continued to grow despite some experts calling Trump Presidency an upset. The stocks grew amidst Trump’s campaign
Output of Large Scale Manufacturers in Pakistan increased by 10.46% comparing month-on-month and 5.06% on year-to-year, the numbers released by Pakistan Bureau of Statistic reveal an inclining number of production output from the large scale
Current Account deficit has increased to 204% during the ten months of current fiscal year. The SBP revealed the Current Account Balance numbers on Wednesday which stood at $(7,247) million. In comparison with numbers previous
Islamabad: Finance Minister Senator Mohammad Ishaq Dar chaired separate meetings on Wednesday with senior officials of Finance Division and Federal Board of Revenue on the upcoming budget at the Ministry of Finance. Finance Secretary informed
Pakistan government to set Gross Domestic Product target of 6 percent for the new fiscal year starting July 1, 2017 compared to 5.3 percent of 2016-17 financial year on back of higher production expected in
The market continued on its path of short-term correction. Analysts had been anticipating this downward trajectory post the inclusion. The correction comes after the frenzied upward movement by PSX during the last two weeks’ trades.
ISLAMABAD, May 17: The impression projected by a section of the media regarding a provision of the proposed Companies Bill, 2017, requiring all Pakistanis residing abroad to file the returns of their offshore assets is
ISLAMABAD (May 17): In continuation of its recent crackdown on banks’ employees conducting insider trading, the Securities and Exchange Commission of Pakistan (SECP) has filed its fourth such criminal complaint in the Karachi sessions court
According to National Accounts Committee documents, Pakistan missed the economic growth target fixed for the current fiscal year, registering a growth of 5.28 percent against target of 5.7 percent. The agriculture sector recorded 3.46 percent
Islamabad, Mary 17, 2017 — Agricultural experts from the United States Department of Agriculture’s (USDA) Agricultural Research Service met in Islamabad this week to discuss the U.S. -Pakistan Cotton Productivity Enhancement Program (CPEP) with Pakistani
Inflation during the current fiscal year remains favorable and whereas the confidence also showed strength while credit to private sector also recorded which help sustained economy growth and prospects for more appreciation visible for 2017-18.
Pakistan economy is expected to show growth in excess of five percent in the current fiscal year highest in the nine years because of better industrial growth, revival of agriculture and restoration of peace. According
Overseas Investors Chamber of Commerce and Industry have asked the Government to withdraw super tax which has become a nuisance for the foreign investors. The OICCI also demands government to stop their double talk on
This morning, the MSCI announced Pakistan’s inclusion in the emerging market index. Shortly after that, the first trading hour plunged PSX into negative. The decline has been claimed by many industry experts as a “Sell
The Central Bank Conducted an OMO on Thursday in which it injected Rs.110.00 Billion into the market for 1 Day through a Reverse Repo. It received 11 quotes, ranging from 5.88% to 5.84%, for a
Markets on Wednesday experienced their lowest drop since September last year. Ever since Trump’s inauguration, US markets’ had continued to grow despite some experts calling Trump Presidency an upset. The stocks grew amidst Trump’s campaign
Output of Large Scale Manufacturers in Pakistan increased by 10.46% comparing month-on-month and 5.06% on year-to-year, the numbers released by Pakistan Bureau of Statistic reveal an inclining number of production output from the large scale
Current Account deficit has increased to 204% during the ten months of current fiscal year. The SBP revealed the Current Account Balance numbers on Wednesday which stood at $(7,247) million. In comparison with numbers previous
Islamabad: Finance Minister Senator Mohammad Ishaq Dar chaired separate meetings on Wednesday with senior officials of Finance Division and Federal Board of Revenue on the upcoming budget at the Ministry of Finance. Finance Secretary informed
Pakistan government to set Gross Domestic Product target of 6 percent for the new fiscal year starting July 1, 2017 compared to 5.3 percent of 2016-17 financial year on back of higher production expected in
The market continued on its path of short-term correction. Analysts had been anticipating this downward trajectory post the inclusion. The correction comes after the frenzied upward movement by PSX during the last two weeks’ trades.
ISLAMABAD, May 17: The impression projected by a section of the media regarding a provision of the proposed Companies Bill, 2017, requiring all Pakistanis residing abroad to file the returns of their offshore assets is
ISLAMABAD (May 17): In continuation of its recent crackdown on banks’ employees conducting insider trading, the Securities and Exchange Commission of Pakistan (SECP) has filed its fourth such criminal complaint in the Karachi sessions court
According to National Accounts Committee documents, Pakistan missed the economic growth target fixed for the current fiscal year, registering a growth of 5.28 percent against target of 5.7 percent. The agriculture sector recorded 3.46 percent
Islamabad, Mary 17, 2017 — Agricultural experts from the United States Department of Agriculture’s (USDA) Agricultural Research Service met in Islamabad this week to discuss the U.S. -Pakistan Cotton Productivity Enhancement Program (CPEP) with Pakistani
Inflation during the current fiscal year remains favorable and whereas the confidence also showed strength while credit to private sector also recorded which help sustained economy growth and prospects for more appreciation visible for 2017-18.
Pakistan economy is expected to show growth in excess of five percent in the current fiscal year highest in the nine years because of better industrial growth, revival of agriculture and restoration of peace. According
Overseas Investors Chamber of Commerce and Industry have asked the Government to withdraw super tax which has become a nuisance for the foreign investors. The OICCI also demands government to stop their double talk on
This morning, the MSCI announced Pakistan’s inclusion in the emerging market index. Shortly after that, the first trading hour plunged PSX into negative. The decline has been claimed by many industry experts as a “Sell
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