Another volatile session was witnessed today due to the prevailing political uncertainty. At the end the benchmark index closed with… Read More
Daily Stocks Report: Market Stays at a Standstill Today
After last week’s flat closing, the market started the day in green but almost closed flat after a volatile session… Read More
Every Pakistani Now Owes a Staggering Rs. 120,789 Because of Debt!
Pakistan’s total debt and liabilities have reached Rs. 25.1 trillion in June 2017, depicting a growth of 11% and a… Read More
NetSol Posts Rs. 321 Million Profits After Tax in FY 16-17
NetSol Technologies, which is also listed on the National Association of Securities Dealers Automated Quotations (Nasdaq), reported an after-tax profit… Read More
Pakistan Ranks 16th in Financial & Digital Inclusion: Brookings
The Center for Technology Innovation (CTI) at Brookings, a century-old, non-profit research group, has released a report on “Financial and Digital… Read More
SECP Warns Brokers Suspected of Unauthorized Deposit-taking
Brokerage houses have been issued warning letters by the SECP for unauthorized deposit-taking. It is the moral, ethical and licit… Read More
Daily PSX Report: Bears Return Over As Market Loses 571 Points
After three consecutive bullish sessions, the market went down in red due to political uncertainty. Bears made a return in… Read More
Mastercard & Inov8 Launch FonePay for Cashless Payments
In a collaboration aimed at driving the wider adoption of cashless payments in Pakistan, Mastercard, a leading technology company in the… Read More
FBR Exempts WHT on Cash Withdrawals by Branchless Banking Agents
Federal Board of Revenue (FBR) is considering an exemption for withholding tax on cash withdrawals through branchless banking agents. The… Read More
Sales Tax Withdrawn for IT Services: FBR
The Federal Board of Revenue (FBR) has exempted sales tax chargeable under Islamabad Capital Territory (Tax on Services) Ordinance, 2001… Read More
Daily Stock Report: Market Recovers for Third Straight Day
A very steady upward trend continued for the KSE-100 index as it closed in green for the 3rd consecutive day… Read More
IMF Says Pakistan Doesn’t Need It’s Help Anymore
The International Monetary Fund (IMF) has urged Pakistan to focus on its external sector and budget by taking immediate policy… Read More
