Business
Cut Rates to Boost Jobs, Exports, and Growth, Advises Ejaz
Former caretaker federal minister and Chairman of the Economic Policy & Business Development (EPBD) think tank, Gohar Ejaz, has issued a strong call for the State Bank of
Business
Business
PSX Shines as Global Stocks Decline
The Pakistan Stock Exchange (PSX) achieved another milestone on Wednesday as the KSE-100 Index rose to a historic close of 150,591 points, gaining 820 points during
Business
Local Gold Rates Mirror International Decline
Gold prices in Pakistan recorded a significant decline on Wednesday, following movement in the international bullion market. Data released by the All Pakistan Sarafa Gems and Jewellers Association
Business
Declining Demand Leaves Pakistan with Surplus Gas
Pakistan is preparing to renegotiate its liquefied natural gas (LNG) import agreement with Qatar as reduced industrial activity and weaker power demand create an oversupply problem, government sources
Business
KSE-100 Index Rallies on Investor Optimism
The Pakistan Stock Exchange (PSX) maintained its strong upward momentum on Wednesday as investor confidence was buoyed by stable currency conditions, upbeat corporate earnings, and solid institutional participation.
Business
Currency Market Sees Limited Movement
Pakistani currency market witnessed stable trends on Wednesday as the US Dollar showed no major change against the Rupee. The open market rate for the Dollar was reported
Business
Why Did Pakistan’s Internet Suddenly Drop to 20%?
Pakistan faced a severe internet disruption on Tuesday evening, with connectivity dropping to just 20% of normal levels nationwide, according to global internet observatory NetBlocks. Read more: Stock
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Stock Market Rally Offsets Fall in Gold Prices
Gold lost ground in Pakistan on Tuesday as investors turned toward equities, while the stock market achieved a historic milestone. Figures shared by the All Pakistan Gems and
Business
Pakistan Raises Stake in Reko Diq with $715m Pledge
Two of Pakistan’s leading state-owned energy companies, OGDCL and Pakistan Petroleum Limited (PPL), have increased their financial commitments to the Reko Diq copper and gold project,
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Bulls Dominate as Index Extends Gains
The Pakistan Stock Exchange (PSX) witnessed another strong rally on Tuesday as the KSE-100 Index broke past the 149,000 barrier in early trade, continuing its record-
Business
Dollar Remains Flat as Rupee Holds Ground
Pakistani currency market witnessed calm trading on August 19 as the Rupee maintained its position against major foreign currencies, including the US Dollar. According to updates from currency
Business
Why Is Pakistan’s Stock Market Breaking Records?
The Pakistan Stock Exchange (PSX) soared to a historic high on Monday as bullish sentiment drove the KSE-100 index past the 148,000 level. The rally was
Business
Growth outlook brightens as reforms, low inflation take hold
Fitch Ratings has projected a steady improvement in Pakistan’s economy, expecting real GDP growth to reach 3.5% by 2027, compared with 2.5% in 2024. The
Business
No relief in tax filing deadline, says FBR
The Federal Board of Revenue (FBR) has announced that there will be no extension in the deadline for submitting income tax returns for the 2025 fiscal year. Tax
Business
Jewelers Warn of Ongoing Price Volatility
Gold has made a swift recovery in Pakistan, ending a week-long downward run with fresh gains. Figures shared by the All Pakistan Gems and Jewelers Association showed
Business
foodpanda celebrates rider community at grand Appreciation Event
foodpanda, Pakistan's leading food and grocery delivery platform, proudly hosted a grand Rider Appreciation Day in Karachi, Lahore, and Islamabad. This event was a tribute to