30 C
Karachi
Tuesday, October 24, 2017

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...

June power tariff may be cut by Rs2.13

The electricity tariff is expected to come down by Rs2.13 per unit for all distribution companies, except K-Electric, for a month due to lower fuel costs in June. The Central...

Monetary Policy on Saturday – 22 July, 17

The State Bank of Pakistan (SBP) will announce Monetary Policy Statement for next two months on Saturday. Independent monetary policy committee is will meet on July 22, 2017 for...
- Advertisement -

Latest article

Top-class Pharma company with renowned brands to be listed in November

Transaction Overview OBS Pakistan (Private) Limited (“OBSPL”) and Muller & Phipps (Pakistan) (Private) Limited (“M&P”), major shareholders of AGP Limited (“AGPL”) intend to offer 20,000,000...

Today’s Major News : Summary from all news Papers

Today’s Major News Impact International News 1. Stocks in Asia Are Mostly Higher; Dollar Declines https://www.bloomberg.com/news/articles/2017-10-09/asia-faces-mixed-start-for-equities-dollar-flat-markets-wrap Neutral Political  Noise 2. PM says days of depending on US are over http://fp.brecorder.com/2017/10/20171010224818/ Neutral 3. Nawaz to be indicted...

NEPRA announces decision on K Electric: better but still disappointing

NEPRA announces decision on K Electric: better but still disappointing NEPRA has announced its decision in the matter of ‘Motions for Leave for Review’ filed by K-Electric Limited...