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PSX records mixed trends amid profit-taking
KSE-100 index falls 392 points, settles just shy of 115,000 level
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Dollar posts biggest loss on tariff angst
Chinese stocks get boost from Trump comments; yen volatile after expected rate hike from BOJ
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Wall Street banks to sell up to $3b in X loans
Morgan Stanley, other banks contact investors ahead of planned sale next week
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'Align monetary policy with regional benchmarks'
KCCI, HCCI say elevated rates deter investment, inflate borrowing costs for businesses, SMEs
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UNIDO offers rural Sindh grants of €11,000 to €200,000
UNIDO's national programme officer, Baddarul Islam, highlighted the objectives of the programme.
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PRGMEA urges overhaul of OHS standards
Calls for creation of central database for OHS professionals to ensure standardised registration, certification
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PTA outlines below-par performance of mobile firms
Conducts quality of service survey in fourth quarter of 2024
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Venture Global debut falls short of target
The IPO was expected to be the first blockbuster listing of 2025.
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ECC approves gas price hike for industrial sector
The decision was made during a meeting chaired by Federal Minister for Finance, Mohammad Aurangzeb
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FBR seeks retention of 1,730 posts
Cites critical staffing needs amid automation drive to justify exemption
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SPI records lowest rise in seven years
Big fall in prices of food items restricts increase in short-term inflation
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Cash in circulation reaches Rs9.4tr
Reflects cash dependency while gold prices hit record highs and rupee loses 3 paisa hitting 278.75/$
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PSX extends bullish streak with 843-point rise
KSE-100 index climbs to 114,880, fuelled by expectations of rate cut
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Oil industry seeks urgent govt intervention
OCAC highlights tax exemption, margin revision issues threatening sector sustainability
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Govt plans incentives for industries
Decides to offer similar concessions to industrial estates as provided to CPEC SEZs
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Fate of USC to be decided in near future
Rana Tanveer stresses need for giving priority to public interests
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Industry demands 5% interest rate cut
Leaders say single digit rate is crucial as businesses require loans at lower rates to establish international presenc
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Malik meets World Bank VP to advance development projects
Discussions focus on energy security, infrastructure, water sector projects and policy frameworks
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Gold prices hit all-time high in Pakistan
Global and local markets drive gold to Rs289,600 per tola in Pakistan.
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PSX sees strong gains with KSE-100 Index rising 1.43%
Stock market gains 1,625.08 points to reach 115,662.87 points during intra-day trading.
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USD exchange rate: Pakistani rupee edges up slightly
Pakistani Rupee shows slight improvement against the US Dollar in today's exchange market.
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Currency exchange rate: Saudi Riyal to PKR for January 24, 2025
The buying rate was recorded at Rs74.06.
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Foreign reserves decline by $276m
With 2-week decline, FX stand at $16.19b; rupee rises by 13 paisa to 278.72/$ while gold sees Rs750 correction
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Body set up to identify redundancies
Committee, led by Dar, tasked with reforming red tape, improving efficiency
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OGDCL boosts oil production at Kunnar
Increases stake in Qadirpur D&PL from 75% to 82.99% pending regulatory approvals
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PSX rallies on earnings season boost
Index gains 594 points as focus shifts to potential 100bps cut in policy rate
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IMF proposes CPP tariff alignment from Feb
Says govt should supply gas to captive plants by linking tariffs with RLNG prices
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Pakistani firms face rising network security threats
Cybersecurity report reveals human error, growing complexity of remote work as major risks
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ILES advances industrial sustainability
PM aide lauds project for enhancing compliance, promoting green practices in key export sectors
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Maritime service to Europe launched
Weekly direct shipping line set to cut cost, bolster export competitiveness
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Pakistan seeks Swedish green fund assistance
Says Stockholm can help small vehicles switch to electric technology
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Govt aims to create conducive environment
Wants to transform country into innovation and investment hub
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When is the next prize bond draw? Here's what you need to know
The National Savings Division in Karachi recently announced the results of Rs750 prize bond draw for January.
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Inflation likely to drop below 3% in January
JS Global, in a report on Wednesday, projected inflation at 2.8% for Jan, marking the lowest rate since November 2015.
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Gold prices see minor dip in global and local markets
The price of silver per tola has decreased by Rs 30, now at Rs 3,401.
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'Halt FBR's purchase of 1,010 cars'
Committee challenges procurement; FBR claims cars required to locate non-filers
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Govt to seek IMF consent for power tariff rebasing
Will share details of proposal aimed at easing financial strain on consumers
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'Tourism could generate $2b revenue'
FPCCI calls for strategic focus to unlock potential
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PSX ends bearish over tax law worries
Index dives 1,599 points as institutions resort to profit-selling
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Petroleum supply chain digitalised
OGRA, FBR unveil GIS-based app to identify illegal petrol pumps
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'Corporates will ruin agriculture'
Experts warn against predatory practices, call for cooperative farming
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Faceless system clears goods declaration in just 18 hours
FCA system cuts GD clearance time to 18 hours, boosts revenue by Rs61B in December 2024.
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Regulatory discrepancy challenges soybean import
Edible oil industry seeks govt support as conflicting guidelines from DPP, EPA cause concerns
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Trade war lifts gold prices to near 3-month high
Hit Rs4,250 reaching Rs287,450/tola; rupee loses 3 paisa depreciates to 278.85/$
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WAPDA chief reviews dam refurbishment
WAPDA Chairman visits Mangla Dam, reviews Rs52.2B refurbishment project to boost power capacity.
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Senate orders halt on FBR’s Rs6b vehicle purchase
Senators raise concerns over the need for 1,010 vehicles amid economic strain, questioning the FBR's decision.
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PBC Dubai aims to strengthen Pakistan-UAE economic, cultural ties
UAE is Pakistan's third-largest trading partner with foreign investment exceeding $10 billion over past two decades.
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Netflix increases subscription prices, driving stock surge
Netflix adds 19 million subscribers, reaching 302 million globally, maintaining its market lead despite rise in prices
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Gold prices surge in both international and local markets
Price of 10 grams of gold has risen by Rs 3,642.
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New currency notes face setback due to outdated machinery
The company outlined that upgrading its plant is essential for producing currency notes of international quality.