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Business

QR codes made mandatory for retail outlets

<p>ISLAMABAD: Minister of State for Finance Bilal Azhar Kiani has said that QR codes have been made mandatory for retail outlets in Islamabad and across the provinces. </p> <p>“The government is promoting a cashless economy, and executive orders hav

Business

Turkish visa centre proposed in Gujrat

<p>GUJRAT: The Gujrat Chamber of Commerce and Industry (GtCCI) has called for the opening of an Anatolia visa application office in Gujrat and the launch of Turkish Airlines flights from Sialkot International Airport, aiming to benefit the local busi

Business

PSX sees third bullish week despite external headwinds

<p>KARACHI: The Pakistan Stock Exchange (PSX) extended its rally for a third consecutive week of the current month, closing at a fresh all-time high amid strong investor optimism over an expected cut in the policy rate, despite weaker external accoun

Business

Outsourcing of Islamabad, Lahore, Karachi airports shifted to open bidding

<p><a href="https://www.dawn.com/news/1968930">https://www.dawn.com/news/1968930</a></p>

Business

Europe and India seek closer ties with ‘mother of all deals’

<p>India and Europe hope to strike the “mother of all deals” when European Union (EU) chiefs meet Prime Minister Narendra Modi in New Delhi next week, as the two economic behemoths seek to forge closer ties.</p> <p>Facing challenges from China and th

Business

Weekly inflation rises on costly flour, pulses

<p>ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), increased 4.18 per cent year-on-year in the week ending Jan 22, owing to an increase in the retail price of wheat flour and pulses in the domestic market.</p> <p>The SP

Business

PSX scales fresh peak above 189,000

<p>KARACHI: Amid sharp volatility, the Pakistan Stock Exchange (PSX) on Friday pushed the benchmark index to a fresh all-time high above 189,000 points as renewed buying gathered pace in the final session of the week, ahead of a monetary policy annou

Business

Oil rises 3pc as US sends ‘armada’ to Iran

<p>NEW YORK: Oil prices rose to their highest in more than a week on Friday after US President Donald Trump rat­cheted up pressure against Iran through more san­­ctions on vessels that transport its oil, and <a href="https://www.dawn.com/news/1968605

Business

Pakistan’s critical minerals need value addition to boost exports

<p>ISLAMABAD: To boost foreign exchange and drive sustainable economic growth, Pakistan must focus on transforming its raw minerals into processed and value-added products that meet global Environmental, Social, and Governance (ESG) standards, rather

Business

SBP cancels another exchange firm’s licence over regulatory violations

<p><a href="https://www.dawn.com/news/1968731">https://www.dawn.com/news/1968731</a></p>

Business

Gold surges to Rs514,662/tola

<p>KARACHI: Amid a continuous rally in world prices, the local 10-gram and one-tola gold rates (24kt) hit a new peak of Rs441,239 and Rs514,662, respectively, showing a jump of Rs7,802 and Rs9,100.</p> <p>International gold price further swelled by

Business

SBP governor warns of complex cyber threats

<p>KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad on Friday cautioned that the cyber threat landscape has become increasingly complex, driven by highly skilled, well-resourced groups and further complicated by rising geopolitical tension

Business

Central bank seen cutting rates again after December surprise

<p>The central bank is expected to cut its key policy rate by 50 basis points at its upcoming meeting, a <em>Reuters</em> poll showed, as easing inflation, improving foreign exchange buffers and a stabilising rupee bolster the case for further moneta

Business

CM Murad approves Rs21.5bn for Karachi infrastructure upgrades, including Rs13bn for improving roads

<p>KARACHI: Sindh Chief Minister Murad Ali Shah on Friday approved a comprehensive package worth Rs21.53 billion, including a Rs13bn grant-in-aid for rehabilitating and improving Town Municipal Corporations’ (TMCs) road infrastructure in Karachi.</p>

Business

TikTok establishes joint venture to end US ban threat

<p>TikTok announced on Thursday that it has established a majority American-owned <a href="https://www.dawn.com/news/1944771/trump-signs-order-declaring-tiktok-sale-ready-and-values-it-at-14bn">joint venture</a> to operate its US business, allowing t

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