Business

Nepra approves tariff reduction for K-Electric consumers

KARACHI: National Electric Power Regulatory Authority (NEPRA) on Thursday approved reduction of Rs. 1.59 per… Read More

Nokia posts ‘unsatisfactory’ quarterly profit

HELSINKI: Finnish telecoms equipment maker Nokia reported Thursday a first quarter profit, but said it… Read More

Samsung regains lead over Apple in smartphone market

WASHINGTON: Samsung retook the lead in the global smartphone market in the first quarter, as… Read More

Bank Islami plans to buy KASB Bank for nominal fee

KARACHI: Bank Islami Pakistan, the country's second-largest full-fledged Islamic bank, said it would submit plans… Read More

Dar inaugurates two-day int’l conference on agri financing

ISLAMABAD: Federal Finance Minister Muhammed Ishaq Dar on Tuesday inaugurated a two-day International Conference on… Read More

Islamic finance body IFSB launches industry indicators

KUALA LUMPUR: The Islamic Financial Services Board (IFSB) has launched a databank of industry indicators… Read More

NAB suggests FBR to collect data of stock exchange transactions

ISLAMABAD: Pakistan’s National Accountability Bureau (NAB) on Tuesday directed Federal Board of Revenue (FBR) to… Read More

HSBC sorry for website porn link

HONG KONG: Banking giant HSBC apologised for a website blunder on its Hong Kong page… Read More

PIA given Rs 16bn as bailout package, says PM

ISLAMABAD: Prime Minister Nawaz Sharif has said $ 15 million have been provided to PIA… Read More

PTCL Q1 profit falls 84 pct as costs rise, revenue ebbs

DUBAI: Pakistan Telecommunication Co (PTCL), a unit of Abu Dhabi-listed Etisalat, reported an 84 percent… Read More

Microsoft and Yahoo amend search deal

REDMOND: Microsoft Corp and Yahoo Inc amended a 2009 search partnership, giving Yahoo more control… Read More

Dar in US to attend IMF, World Bank meetings

ISLAMABAD: Finance Minister Ishaq Dar has arrived in Washington to attend IMF and World Bank… Read More

KSE ends higher on led by Oil, rupee strengthens

KARACHI: Karachi  Stock Exchange (KSE) on Wednesday closed higher with the 100-Index up 0.43 percent, or… Read More

IMF forecasts for global growth

WASHINGTON: The International Monetary Fund sees global growth at a tepid 3.5 percent this year,… Read More

KSE 100-Index ends lower on profit-taking; rupee firm, o/n rates up

KARACHI: Karachi Stock Exchange  on Tuesday closed lower  with the 100-index dipping 0.43 percent, or… Read More

For first time, digital music matches physical sales

NEW YORK: Fueled by the popularity of streaming, digital music has matched and will likely… Read More

Nokia in talks to buy all of Alcatel-Lucent

HELSINKI: Finnish telecoms equipment maker Nokia said Tuesday it was in talks to purchase all of… Read More

Dar appreciates increase in remittances sent by overseas Pakistanis

ISLAMABAD: Finance Minister Ishaq Dar has appreciated spur in growth of remittances of overseas Pakistanis… Read More

Workers’ remittances rise by 15pc

ISLAMABAD: Workers' remittances have witnessed rise of 15 per cent in the first nine months… Read More

Government gets $1.2 billion offers for HBL shares

KARACHI: The government has had offers of more than $1.2 billion for its remaining stake… Read More