PSX plummets 1835 points amid political turmoil

June 13, 2017 5:49 pm0 comments
PSX plummets 1835 points amid political turmoil

Pakistan Stock Exchange (PSX) benchmark 100-index on Monday plummeted 1835 points as Prime Minister Nawaz Sharif was called to appear before a team investigating corruption allegations against his family. The nation’s benchmark KSE100 Index declined 3.8 percent at the close in Karachi, the most among 96 primary indexes tracked by […]

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No hike in gas prices from July 1: Shahid Khaqan

5:48 pm0 comments
No hike in gas prices from July 1: Shahid Khaqan

Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi let it be known that gas prices will not increase from July 1, and said the ban on commercial meters of gas has also been lifted. The petroleum minister added that the contract between Pakistan State Oil (PSO) and Qatar is […]

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Pakistan’s trade deficit swells to record $29.99 billion

5:47 pm0 comments
Pakistan’s trade deficit swells to record $29.99 billion

Pakistan’s trade deficit swelled to historic $29.99 billion during eleven months (July-May) of the ongoing financial year due to massive increase in imports and decline in exports. The trade deficit, gap between exports and imports, soared by 42.12 percent and reached $29.99 billion during July-May period of FY2016-17 from $21.11 […]

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Budget, tax and real estate: what we know

5:46 pm0 comments
Budget, tax and real estate: what we know

KARACHI (Web Desk) – Budgets hold immense importance but the importance the last budget announced by a certain political regime holds is unparalleled. It sets the precedent for the next elected government, decides the chances of re-election of the standing government and, of course, determines what the next year would […]

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Gulf crisis threatens Qatar Airways transit business: experts

5:24 pm0 comments
Gulf crisis threatens Qatar Airways transit business: experts

DUBAI (AFP) – Qatar Airways has made Doha a global hub in just a few years, but barring it from Gulf states’ airspace threatens its position as a major transcontinental carrier, experts say. Along with its Gulf peers — Dubai’s Emirates Airlines and Abu Dhabi’s Etihad — Qatar’s national carrier […]

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Ecommerce growth in Pakistan and its promising future

June 9, 2017 1:32 pm0 comments
Ecommerce growth in Pakistan and its promising future

(WEB DESK)- Years back, no one ever thought that he would be looking up for sporty t-shirts and shorts online and getting it right to the doorstep within days. Ecommerce made it possible and changed the shopping trend. A mushroom growth of online sellers and stores has been observed in […]

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