Tue, 21-Oct-2025

NTC imposes anti-dumping duty on steel products

steel products

KARACHI: The National Tariff Commission (NTC) has imposed anti-dumping duty in the range of 6.2 per cent to 17.3 per cent on flat steel products for a period of five years to protect the local industry.steel products According to an announcement on Monday, the anti-dumping duty has been imposed on iron or non-alloy steel, rolled … Read more

Askari Bank board approves amalgamation of its subsidiary

Askari Bank

KARACHI: The board of directors of Askari Bank Limited (AKBL) has approved the amalgamation of its wholly owned subsidiary Askari Securities Limited (ASL) with and into Foundation Securities Limited (FSL), a bourse filing showed on Tuesday. “The board of directors of Askari Bank Limited (AKBL) had consented to expression of interest (EOI) received by the … Read more

Pakistan equity market remains bearish amid profit-taking

PSX

KARACHI: Pakistan equity market opened on a positive note on Wednesday but succumbed to profit-taking, as the Pakistan Bureau of Statistics (PBS) notified CPI inflation at 8.4 per cent in August 2021, dealers said. Ahsan Mehanti at Arif Habib Corp said that the stocks closed flat, amid CPI inflation at 8.4 per cent in August … Read more