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Wednesday, January 17, 2018

Rupee overvalued by 10%, says Tarin

Pakistan’s currency is overvalued, and authorities have not allowed it to depreciate and rebalance itself against a strengthened dollar in order to avoid inflating the external debt, former finance...

Distributors slam third LPG price hike in 10 days

LPG Distri­butors Association of Pakistan has expressed concerns over increase in the LPG price for the third time in last 10 days by marketing companies and has urged the...

Deposits of Islamic banks grow 10pc

Islamic banks beat their conventional banking counterparts by mobilising deposits at a higher pace in April-June. The State Bank of Pakistan (SBP) issued on Monday the Islamic Banking Bulletin for...

FBR’s collection for July stands at impressive Rs200b

The Federal Board of Revenue (FBR) has provisionally collected about Rs200 billion in taxes in July, taking an exceptionally good start in the new fiscal year, but questions remain...

Pakistan Stock Exchange: It ain’t over until the fat lady sings

Reading into market behavior is a difficult task. Having a contrarian negative view is even more difficult in the face of criticism one may attract. The recent exuberance exhibited...
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JSCL – Accumulating Value from Power sector- A Possible two bagger!

JSCL - Accumulating Value from Power sector- A Possible two bagger! According to the recent notice by Jahangir Siddiqui Co ltd (JSCL)the company is prequalified by...

Rana Muhammad Afzal Khan takes Oath of MoS for Finance

Rana Muhammad Afzal Khan takes Oath of MoS for Finance The President of Pakistan, on the advice of the Prime Minister appointed Rana Muhammad Afzal...

IMF Mission’s visit to Pakistan

IMF Mission's visit to Pakistan An International Monetary Fund (IMF) mission led by Mr. Harald Finger visited Pakistan from December 5th to 14th, 2017 for...