BUSINESS
Stock markets suffer worst quarter since 1987 due to coronavirus pandemic
New York/Hong Kong: Stock markets around the world have suffered unprecedented losses in the first three months of the year...
Oil prices slide as COVID-19 cases surge globally
LONDON: Oil prices dropped on Monday as novel coronavirus infection worldwide surged past 700,000 cases. Crude oil slipped to its...
SBP allows relief on consumer loans’ principle
KARACHI: The State Bank of Pakistan (SBP) on Tuesday has announced one year moratorium for consumers loans amid coronavirus outbreak....
Rs23 billion set aside for subsidies to energy and exports sector
ISLAMABAD: The government has earmarked Rs23 billion to support the energy and exports sectors through subsidies and enable them to...
Gold gains Rs200/tola in Pakistan
KARACHI: The yellow metal got appraised by Rs200/tola in the domestic market sending the price of 10 grams to Rs82,561...
Import of petrol, crude oil to be restricted from April 1
ISLAMABAD: The government has imposed restrictions on the import of petrol and crude oil starting April on Thursday in response...
Dollar trades at 169 interbank
KARACHI: Dollar has taken another surge against Pakistani rupee reaching a record high of Rs169 in interbank on Friday. The...
PICT to off all charges on containers with COVID-19 related imports
Karachi: CEO Pakistan International Container Terminal (PICT), Mr Khurram Aziz Khan has announced that the organization will waive of all...
Rs5.85 mightier dollar now trading at Rs167.45
KARACHI: The greenback grew Rs5.85 mightier and traded at Rs167.45 interbank on Thursday. The currency has gained a total of...
Netflix: $100 million to support actors, crew staff thrown out of work
Netflix in a move to show solidarity with actors and crew people who are workless after the entertainment industry’s Covid-19...
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