Interest rate hike to bring a new wave of inflation

Uncertainty gripped the country after the budget. Economic indicators deteriorating: Mian Zahid Hussain   Karachi, July 17, 2019: President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the country is in grip of…

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Stock gains 14 points

Karachi, July 16, 2019: The KSE-100 Index of Pakistan Stock Exchange closed at 32,972 points on Tuesday as against 32,958 points on Monday showing an increase of 14 points or 0.04 percent. Cement and E&P sector played a major role in setting the pace of the market on Tuesday, which oscillated between +135pts and -354pts….

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CAA slashes luggage wrapping rates up to 87pc

Karachi, July 16, 2019: In compliance with the directives of Prime Minister Imran Khan to provide maximum facilities to passengers, Secretary Aviation/DGCAA Shahrukh Nusrat has taken another step beneficial to air travellers. The plastic wrapping rates for all sizes of bags of air passengers has been reduced from 75 to 87 percent with immediate effect….

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