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Rupee shows slight recovery against dollar
KARACHI: Rupee made nominal recovery of 0.46 percent (Rs 1.28) against dollar in interbank market, snapping three-day losing streak, reports quoting State Bank of Pakistan.&nb...
State Life Insurance Corporation announces best business results in its 50-year history
KARACHI: State Life Insurance Corporation of Pakistan (SLIC) held Annual Marketing Convention at a local hotel to congratulate vigorous workforce and determined management tea...
KTML Board recommends buyback of 30m ordinary shares
Karachi: Kohinoor Textile Mills Limited (KTML) said that its board has approved buyback of up to 30 million issued ordinary shares of company. Shares constitutes approximately...
PSX witnesses bullish trend, gains 722pts
Karachi: Pakistan Stock Exchange (PSX) KSE-100 index witnessed bullish trend, gaining 722.47 points, positive change of 1.79 percent, closing at 41,193.63 against 40,471.16 po...
Cotton arrival plunges 36pc year-on-year: PCGA
Karachi: Cotton arrival decreased by 36 percent year-on-year, showed latest data released by Pakistan Cotton Ginner’s Association (PCGA). As per report, total cotton arr...
PYMA seeks TDAP help for abolishing RD, anti-dumping on yarn
KARACHI: Zubair Motiwala Chief Executive Trade Development Authority Pakistan (TDAP) taking keen interest in solving problems being faced by textile industry assured support t...
Rupee touches to historic low as IMF gives ‘tough time’
Karachi: Rupee plunged to historic low against dollar. “At day’s close, rupee plunged to 276.58, according to State Bank of Pakistan after losing Rs 5.22 or 1.89 p...
KSE-100 index dips 262pts on banking, fertilizer scrips
Karachi: Pakistan Stock Exchange (PSX) endured topsy-turvy trading session and KSE-100 Index retreated 0.64 percent owing to further depreciation in rupee. Weakening macroecon...
Pakistan needs to explore alternatives to IMF: FPCCI
Karachi: President FPCCI Irfan Iqbal on book launching 'Alternative to IMF and other out of box solutions' by Dr. Shahida Wizarat, independent economist and author of more tha...
Rupee remains on ropes, plunges to historic low of Rs271.35
KARACHI: Rupee resumed downwards slide after two modest sessions as “Optimism surrounding government and International Monetary Fund (IMF) talks scaled back”. Rupe...
