ICAP presents key budgetary proposals to Aurangzeb
The Institute of Chartered Accountants of Pakistan (ICAP), the premier statutory regulatory body in Pakistan, presented key proposals for the upcoming national budget on Monday. The development came during Finance…
Gold price drops by Rs5,300 per tola in Pakistan
Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs488,362 after a decline of…
India’s markets regulator plans quicker approval for alternative investment funds
India’s markets regulator on Monday proposed a so-called green channel mechanism to speed up capital deployment by private funds, which would allow alternative investment funds to launch schemes more quickly.…
Indian rupee drops most in a month to record closing as oil runs hot over US-Iran stalemate
MUMBAI: The Indian rupee endured its sharpest drop in more than a month on Monday to end at it weakest closing level on record as a run-up in crude prices…
Rupee inches up against US dollar
The Pakistani rupee continued to gain, appreciating 0.01%, against the US dollar during trading in the inter-bank market on Monday. At close, the local currency settled at 278.67, a gain…
KP CM Afridi decries decisions made behind closed doors during visit to Bannu
Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Monday decried decisions taken behind closed doors, saying that the provincial government would oppose those decisions that went against peace in the province…
Iran says made ‘legitimate’ demands in peace proposal rejected by Trump as ‘totally unacceptable’
Iran on Monday asserted that it made “legitimate” demands in its latest formal response to the United States’ peace proposal, after US President Donald Trump rejected the reply as “totally…
Jayawardene rues run of injuries as Mumbai miss the playoffs
NEW DELHI: Mumbai Indians head coach Mahela Jayawardene said a run of injuries to key players had derailed their Indian Premier League (IPL) campaign after the five-times champions were eliminated…
Ukraine’s Svitolina saddened by IOC decision on Belarus athletes
Ukrainian tennis player Elina Svitolina said it was painful to see the International Olympic Committee (IOC) clear the path for Belarusian athletes to return to the global stage under their…
India’s Tata Consumer jumps to two-year high on upbeat revenue forecast
India’s Tata Consumer Products stock jumped as much as 6.6% to its highest level in over two years on Monday, with analysts backing the Tetley tea maker’s double-digit revenue expansion…