LAHORE: The technological landscape of the world is constantly changing with all the countries engaged in a war to outdo the other in terms of achievements in this arena. In this regard, China is leading the 5G race as it has launched the industry’s first full range of 5G end-to-end...
The rupee could not maintain firmness against the dollar on the money market on Saturday in the process of trading activity, dealers said. The rupee picked up 27 paisas versus the dollar for buying and selling at Rs 156.30 and Rs 156.35 respectively, they said. OPEN MARKET RATES: The rupee shed...
KARACHI:  Banks in Pakistan have remained resilient; however, now, money laundering, terror-financing, and cyber security are challenging their growth. This comes at a time when major credit seeking clients of banks – the industries – have reported contraction for the first time in 10 years and their capacity to pay-off...
The rupee gained sharply against the dollar on the money market on Wednesday in the process of trading activity, dealers said. The rupee picked up 44 paisas versus the dollar on the money market for buying and selling at Rs 156.20 and Rs 156.25 respectively, they said. INTER-BANK MARKET RATES: OPEN...
The rupee improved sharply against the dollar on the money market during the week, ended on August 31, 2019. The rupee recovered sharply versus the dollar for buying and selling at Rs 156.85 and Rs 156.95. INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee rose by 60 paisas in relation the...
The State Bank of Pakistan (SBP) recently issued guidelines for the Modaraba-based Islamic refinance scheme for the working capital financing of small and low-end medium enterprises. The subsidised rate will be six per cent as opposed to the regular rate of approximately 18pc. In a market with a steeply upward...
The rupee showed downward trend against the dollar in the process of trading activity on Wednesday, dealers said. The rupee lost four paisas versus the greenback for both buying and selling at Rs 157.28 and Rs 157.30 respectively, they said. INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee also dropped by 10...
A Chinese investment company is about to launch multiple IT-based projects in Pakistan with an aim to promote digital culture among the youth of the country by introducing best international practices. "We want to train the local youth and also start the capacity building programme for them to equip...
The rupee managed to gain steeply against the dollar in the local currency market during the week, ended on August 24, 2019. INTER-BANK MARKET RATES: The rupee recovered sharply in terms of the dollar for buying and selling at Rs 157.50 and Rs 157.60. OPEN MARKET RATES: The rupee gained sharply...
KARACHI: The State Bank of Pakistan on Wednesday issued an updated Islamic financing facility for the renewable energy projects, a circular said. The financing under Islamic Financing Facility for Renewable Energy (IFRE) is now available to the customers under three categories. Under the first category, the prospective sponsors desirous of...

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Kashmir-CPEC nexus

In a new geostrategic scenario, situation has tied up Kashmir and CPEC with each other forever. Their correlation has opened up a new window...