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PSX turns bearish after Index briefly crosses 117k mark
KSE-100 index drops 1.13% today with the decline, reflecting market volatility.
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Currency exchange rate: Saudi Riyal to PKR for December 17, 2024
The Saudi Riyal today is buying at Rs73.95.
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US eyes boosting investment in Pakistan
Envoy highlights employment of Pakistanis at US firms, women's inclusion initiatives
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Uplift spending down to Rs115 billion
Despite resource shortages and IMF conditions, govt prioritises provincial projects
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Trump team to roll back Biden EV policies
Proposes cuts to electric vehicle support, strengthen China-related auto restrictions
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Pakistan, Russia to cooperate across key sectors
Protocol signed to enhance EV assembly, eCommerce, pharmaceuticals, agricultural machinery, etc
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'Produce local medical devices'
Experts urge govt to address regulatory delays, support local manufacturers
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OGDCL revives heavy oil well in Chakwal
Enhances production at Rajian oil field to 2500bpd via optimisation techniques
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Industrialists warn of persistent smuggling in Pakistan
Urge govt to implement policy reforms alongside its enforcement in critical sectors of tobacco, sugar
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Gold prices, rupee value drop slightly
Bullion's price falls by Rs800/tola on global trends; currency slips by 0.02%
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Business leaders criticise 'insufficient' rate cut
Industrialists urge SBP to slash rates by 5% or convene MPC every 15 days to bring rates to single digit
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PSX soars on rate cut optimism
KSE-100 index jumps 1,867 points to 116,169.41 as investor confidence strengthens
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Walton family tops Bloomberg's wealthiest families list with $432.4b
House of Nahyan, UAE rulers, took second place with $323.9b, while Al Thani family of Qatar secured third with $172.9b
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PSX hits historic high as KSE-100 briefly crosses 116k points
Stock market rises 1.25% , with the current index at 115,987 during intra-day trading.
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Winners of Rs200 prize bond draw for December 2024 announced
The much-awaited Rs200 Prize Bond draw took place today at the National Savings Centre in Sialkot
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PIA cuts fares for international flights
PIA cut fares following the approval of a waiver on FED
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USD exchange rate: Rupee edges lower against dollar, stable against others
The rates show slight fluctuations, with the Pakistani rupee experiencing minor changes against key currencies
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Tax trap and top 1% income earners
People do not work to pay taxes; they work to earn after-tax income
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US-China trade spat: global economy may suffer
Trade war seems to be intensifying ahead of US President-elect Trump's inauguration
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Role of remittances in Pakistan's economy
Remittance flows are ironic in their very nature with respect to motives behind them
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Rethinking urbanisation to develop climate-resilient cities
Data shows cities are responsible for 75% of global energy consumption, 70% of GHG emissions
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Is bourse on way to MSCI EM status?
As key firms cross thresholds, time is ripe to pitch Pakistan as emerging market
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Pakistan's forex reserves top $12 billion for the first time since 2022
Pakistan's total foreign exchange reserves reach $16.62 billion, with commercial banks holding $4.58B of the total.
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Salaried class pays nearly Rs200b in taxes
Income tax receipts from salaried people rise 57% compared to last year
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Rs200 prize bond draw date for December 2024 announced
The Rs200 prize bond draw for December 2024 is scheduled for December in Sialkot
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Gobi Partners creates fund, signs MoU
$50m fund, deal with BoP will foster entrepreneurship, drive cooperation
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Sindh to develop SEZs to facilitate Chinese investors
Provincial minister highlights trade opportunities at Karachi expo which is expected to generate $20m
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'Trade corridors to Central Asia crucial'
Pivatisation minister, Kazakh envoy explore investment avenues
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Govt urged to set up STZs in Karachi
IT experts call for eight to ten software technology zones, multiple technology parks to boost exports, innovation
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FBR set to introduce faceless assessment
New system will facilitate trade by reducing clearance time
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PSX up 4.8% in record-breaking spree
Pakistan retains position as world's best market in terms of US dollar returns
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Smart Village project to improve people's lives in remote areas
Pakistan becomes first country in Asia-Pacific providing e-village facilities
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Yellen won't rule out sanctions on Chinese banks
Yellen hints at new sanctions on 'dark fleet' tankers, Chinese banks to curb Russia's oil revenue.
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Ban on Japanese salt import lifted
It comes after Japanese govt, Ajinomoto constantly complained at various for a
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Industrialists seek single-digit rate
Call for a 5% cut in policy rate to ease borrowing cost, revive economic activity
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Stocks end modestly up in volatile trading
KSE-100 index gains 121 points during the day, gives year-to-date return of 83%
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Punjab CM visits China to boost ties
Seeks investment in key sectors, focus on IT, e-commerce, and renewable energy
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Gold sheds Rs5,000 in line with global trend
Rupee appreciates 11 paisa; inflows under Roshan Digital Account reach $9.2b
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Timely action to bring stability: SM Tanveer
SM Tanveer urges govt to cut policy rate by 500bps to stimulate growth, boost investment, and ensure stability.
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'Data is key to driving sustainable development'
PM's climate aide highlights need for evidence-based policies to ensure socio-economic development
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OGDC discovers gas, condensate in K-P
"This marks the first-ever hydrocarbon discovery in the Samanasuk Formation within the Wali exploration licence": OGDC
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IT sector key to increasing economic growth
Consistent policies, targeted reforms required to unlock industry's full potential
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Chinese delegation to invest $1b in Karachi mega medical city
Project will create 50,000 jobs, transform Pakistan's healthcare sector
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Weekly inflation shows minor rise
YoY inflation stands at 3.71%, highlights cost-of-living challenges for households
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PSX drops by over 1,200 points after KSE-100 briefly breaches 115k barrier
Stock market drops 1.07%, with the current index at 112,963.64.
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Startup ecosystem faces challenges
i2i's flagship report calls for policy reforms, addressing gender disparity, persistent connectivity issues
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PM airs concern over inaccurate sugar data
Says smuggling has been stopped which stabilised prices of sweetener
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FX reserves decline by $19m to $16.6b
SBP reserves rise above $12b, highest in three years as gold rises to Rs282,800/tola and rupee settles at 278.23/$
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Rs3.9 per litre reduction in diesel price likely
Petrol rate may go up by 81 paisa in fortnightly revision
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KE consumers to see Rs0.27/unit cut
Fuel adjustments bring relief, but debates continue over cost and efficiency