How do you determine where the economy is on the business cycle?

Most investment textbooks say to use a top down approach, where you start with the general state of the economy. They normally give some vague determinations like expected ...

Govt expresses inability to cut levy or fix GST

ISLAMABAD: The ministry of finance and the Federal Board of Revenue have expressed their inability to reduce petroleum levy or fix general sales tax on petroleum products, as recommended by ...

Index loses 121 points

KARACHI: Selling pressure depressed prices of leading scrips at the Karachi Stock Exchange (KSE) Thursday as the benchmark 100-Index plunged by 121.03 points to close at 9385.92. The market was weak ...

Deal cancelled between MCB-RBS

KARACHI: Muslim Commercial Bank (MCB) and Royal Bank of Scotland (RBS) acquisition deal has been cancelled as the deadline of December 31 set by the State Bank for MCB has ...

Petroleum prices cut by 1.34 per cent

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) reduced on Thursday petroleum prices by 1.34 per cent to 3.5 per cent with immediate effect in line with a decline in ...