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State Bank governor addresses key challenges in ending riba in Pakistan
Our vision is to fully eliminate riba by 2028, but we face three major challenges, says Jameel Ahmad
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Rs40,000 prize bond results for December draw announced
The Prize Bond Draw for Rs 40,000 (Draw 31) was held today at Muzaffarabad office of the National Savings Division
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PSX crosses 111,000 points for the first time in history
The market opened with a rally of 1,284 points, pushing the index to a peak of 111,254 points during intra-day trading
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US diplomat terms economic ties important
Says Washington is committed to increasing two-way trade, investment
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APTMA warns of industry collapse
Cites misuse of EFS; local manufacturers face closures, workers lose jobs
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Currency exchange rate: Saudi Riyal to PKR for December 10, 2024
The Saudi Riyal has slightly adjusted compared to the previous day's rates.
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PAF to buy PIA engineering unit for Rs6.5b
Will pay Rs2.5b in cash; formal summary being sent to cabinet for approval
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Govt pushes for social impact financing
FinMin highlights private sector leadership, digital accountability in financial solutions
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Oil climbs on regional uncertainty
Oil prices rise nearly 2% due to Syrian instability and China's shift towards a looser monetary policy.
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Businessmen want say in diplomats' appointment
Insist competent officers must be posted abroad who could widen trade.
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PSX's unstoppable rally continues
KSE-100 index hits new peak as it nears 110,000-point mark
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Gold surges by Rs2,000 amid ME instability; rupee stable
Gold prices rise due to Syrian upheaval and China's buying, while the Pakistani rupee remains steady.
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Remittances soar 29% to $2.9b
Surge driven by narrowing gap between official and unofficial channels
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SECP okays plan for Islamic financing
SECP approves a Strategic Action Plan to foster Islamic finance growth and eliminate Riba by 2028.
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Sanjay Malhotra named new RBI governor in unexpected move
Malhotra's appointment, announced on Monday, comes as term of current governor, Shaktikanta Das, set to end on Tuesday
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UAE to implement 15% minimum tax on multinational companies starting in January
DMTT is part of the OECD’s global minimum corporate tax agreement which has 136 signatories, including the UAE
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PSX scales new peak as KSE-100 crosses 110,000 mark
The benchmark KSE-100 index rose by 1,169.94 points compared to the previous session.
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Gold prices rise amid gains in global market
Gold and silver prices rise locally and internationally as global market trends push prices up.
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US invites Pakistani firms to SelectUSA investment summit
SelectUSA Summit seen as an invaluable opportunity for companies seeking to expand their operations into US market
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Can Starlink be a game changer for connectivity?
Musk's satellite internet service offers hope for bridging digital divide, transforming rural connectivity
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Currency exchange rate: Saudi Riyal to Rupee for December 9, 2024
Saudi Riyal (SAR) remained steady in the open market today.
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Fiscal federalism: Case for provincial accountability
The National Fiscal Pact seeks to address deep-rooted inefficiencies, but will it fix Pakistan's fiscal mismanagement
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FBR to ban items over $1,200 for passengers arriving from abroad
FBR has drafted amendments to the Baggage Rules 2006 and is currently seeking feedback from stakeholders
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BRICS new currency plan and Trump's tariff threat
US president-elect's ability to impose steep tariffs is constrained by fears of higher inflation
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Solar energy: transforming the future
Rapid solarisation will address energy woes, boost economic competitiveness
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Uniting with youth against corruption
Campaign focuses on young guardians to raise awareness of impacts on communities
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Govt makes surprise gas import move
Decides to buy LNG from Azerbaijan after putting off purchases from Qatar
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Earning online, the hard way
Pakistan's digital talent faces outdated policies & barriers, hindering growth in the booming $20tr global economy.
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Chevron denies talks on Venezuela
South American nation's oil industry has been under US sanctions
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US stocks hit record highs on corporate news
Get support from jobs data that fuels expectations of rate cut this month
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Traders seek widening of tax base via legislation
Demand inclusion of agri-income in tax net, elimination of amnesty schemes
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No concerns over lifting of US LNG export cap: Qatar
Minister urges EU to rethink corporate sustainability penalties
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PSX hits historic high with 7.6% rise
Index ends at 109,054 as inflation eases; cement, oil, banking stocks lead rally
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Gold falls Rs300, rupee appreciates in open market
Bullion price stands at Rs274,400 per tola, mirroring global trend
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Balochistan industrialists demand finished products industry
Say billions of dollars can be earned by making value-added goods from minerals
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LCCI advocates immediate action against hackers
LCCI urges stronger cybersecurity measures to combat rising cyberattacks threatening businesses.
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Blue economy forum to deepen cooperation
The 3rd China-Indian Ocean Forum aims to boost blue economy cooperation and sustainable development.
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Punjab urged to lift price cap on poultry
Farmers say single shed incurs losses of Rs5.5 to Rs6 million, warn of shutdowns
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SPI drops for second straight week
Rises 3.57% YoY; food prices fall on cooling inflation, market sees 200bps rate cut
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Gold prices fall in both international and local markets
Despite the decrease in gold prices, silver rates remained unchanged in the local market.
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Dar-led body to review tax on banks
PM gives directive to recover Rs7m from NBP head for unauthorised overseas trip
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PSX surges past 109k to fresh record
Oil firms, banks lead rally as potential rate cut, forex reserves fuel optimism
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China's help sought to set up industrial zones
Iqbal highlights steps to boost industrial, agri-development
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SMEs lack financial literacy, advisory support
Banks, SMEDA join hands to tackle challenges through shared resources
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Industrialists for transition to digital economy
Propose adoption of Chinese model, creation of computing hubs
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Despite fall, inflation top concern
IPSOS survey reveals fragile economic confidence, low optimism about future
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Tech firms urged to list on PSX for visibility
IT experts highlight benefits of raising equity, expanding locally and globally through stock market
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Gold prices drop, rupee weakens
Gold hits Rs274,700/tola; rupee depreciates slightly, dropping to Rs278.01/$
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PSX surpasses 109,000 mark amid rate cut hopes
Experts predict that the State Bank of Pakistan (SBP) will further reduce its key interest rate .
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FBR imposes new tax on wedding halls
FBR introduces withholding tax on wedding halls, collected from the booking party, not hall owners.