ISLAMABAD: The Supreme Court of Pakistan was informed on Tuesday that no tax is being deducted on recharging of mobile cards of less than Rs 500. Attorney General of Pakistan Anwar Mansoor made this statement during the court hearing…
LAHORE: Chairman Pakistan Cricket Board (PCB) Najam Sethi on Sunday gave the Army and government credit for successfully holding the third and final Twenty20 International match between Pakistan and Sri Lanka in Lahore. “All thanks to…
LONDON: Ratings agency Moody's said Britain's creditworthiness was now at greater risk after voting to leave the European Union, as the country would face substantial challenges to successfully negotiate its exit from the bloc.
RIYADH: Saudi Arabia suffered another cut to its credit rating on Saturday as Moody's Investors Service downgraded the kingdom along with Bahrain and Oman because of the slump in oil prices.
KARACHI: State Bank of Pakistan (SBP) on Saturday announced its new monetary policy in which it was stated that the interest rate will remain unchanged at 6.0 percent.
KARACHI: The United States Agency for International Development (USAID) and Securities and Exchange Commission of Pakistan (SECP) hosted a three-day conference on non-banking finance and capital markets in Karachi which was attended by…
ANKARA: Financial leaders from the world's 20 biggest economies agreed on Saturday to step up reform efforts to boost disappointingly slow growth, saying reliance on ultra-low interest rates would not be enough to accelerate economic…
ISLAMABAD: The Senate today passed the Credit Bureau Bill, 2015, aimed at providing for the incorporation and functioning of Credit Bureau.
ISLAMABAD: Credit guarantees are gaining traction in Islamic finance, helping a wider range of firms to tap the market for sharia-compliant debt, which remains stubbornly reliant on sovereign and quasi-sovereign issuers.
ISLAMABAD: Pakistan's ongoing fuel shortage that has led to worsening power blackouts is weighing on its credit worthiness and hindering its ability to meet key reform targets laid out by the IMF, ratings agency Moody's warned Monday.