Daily The Patriot

Business

Turning geography into opportunity

Pakistan refuses to pay Rs220 billion in interest to China
ISLAMABAD: The Pakistani government has informed the International Monetary Fund (IMF) that it will not pay interest of Rs220 billion on late payments to power plants being built under the China-led CPEC and will seek a formal waiver from Beijing in this …
Rupee stable against dollar in interbank and open market
Karachi: Despite the increase in global crude oil prices due to increased purchases by the US from the international market, the value of the rupee remained stable against the dollar in the interbank and open markets. According to Express News, the dol…
FBR steps up crackdown on tax evasion, issues notices to jewelers
ISLAMABAD: The FBR has initiated action against jewelers who are not in the tax net and has sent notices to jewelers in several cities. According to media sources, notices have been issued to jewelers in Rawalpindi, Islamabad, Faisalabad and Multan in …
PSX extends rally as SBP policy rate hold, oil losses lift sentiment
KARACHI : Pakistan Stock Exchange staged a comeback on Tuesday a day after it recorded bearish trend amid uncertainty ahead of the upcoming review of Pakistan’s economic performance by the International Monetary Fund (IMF).During early trading, the KSE-10…
Pakistan stocks jump sharply after Trump holds off planned attack on Iran

PSX drops below 187,000 points amid profit-taking pressure
KARACHI : The Pakistan Stock Exchange (PSX) kicked off the new business week with gains on Monday rallied by investor optimism.During intraday trading, the KSE-100 index has gained 533.52 points to climb to 158,570.89 points, reflecting a change of 0.34 p…
Pakistan refuses to pay Rs220 billion in interest to China
ISLAMABAD: The Pakistani government has informed the International Monetary Fund (IMF) that it will not pay interest of Rs220 billion on late payments to power plants being built under the China-led CPEC and will seek a formal waiver from Beijing in this …
Rupee stable against dollar in interbank and open market
Karachi: Despite the increase in global crude oil prices due to increased purchases by the US from the international market, the value of the rupee remained stable against the dollar in the interbank and open markets. According to Express News, the dol…
FBR steps up crackdown on tax evasion, issues notices to jewelers
ISLAMABAD: The FBR has initiated action against jewelers who are not in the tax net and has sent notices to jewelers in several cities. According to media sources, notices have been issued to jewelers in Rawalpindi, Islamabad, Faisalabad and Multan in …
PSX extends rally as SBP policy rate hold, oil losses lift sentiment
KARACHI : Pakistan Stock Exchange staged a comeback on Tuesday a day after it recorded bearish trend amid uncertainty ahead of the upcoming review of Pakistan’s economic performance by the International Monetary Fund (IMF).During early trading, the KSE-10…

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Salman Khan Niazi

Chairman, Daily The Patriot