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'SBP may reduce key policy rate by 400-500 basis points'
Research house foresees further currency stability, credit rating upgrades
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Pakistan, Uzbekistan to explore trade avenues
Commerce minister along with delegation leaves for Tashkent to take part in JMC session
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Govt proposes changes to SBP Act
Aims to enable dual nationals to hold leadership roles, legalise digital currency
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Textile millers seek wide cooperation in fibre recycling
Industry plans to establish 1,000 garment plants with $7b investment to increase exports
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Boeing shares rise on hopes strike will end
Workers aim for 38% wage increase; two previous proposals rejected
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Rate cut hopes, robust results power PSX rally
KSE-100 index gains 866 points, or 0.96% WoW, settles at 90,860
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Financing critical for climate resilience
Senator says climate funding should go for adaptation initiatives
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SMEs demand govt support
Appeal for policy reform, streamlined operations to tackle challenges in Karachi
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Berkshire's cash soars to record $325 billion
Berkshire Hathaway cut Apple stake by 25% in Q3, building cash reserves to $325.2 billion amid “risk-off” concerns.
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US oil majors report record profits
Exxon and Chevron report strong Q3 profits, fueled by record US oil output, despite pressures from falling margins.
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Provinces miss agri-tax deadline
Move at a snail's pace, could not impose 45% tax on farmers by Oct end
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Iqbal sets deadline for transfer of Pak-PWD projects to provinces
Pak-PWD projects in Punjab handed over; Sindh transfer to complete within days, says Ahsan Iqbal
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Centre, provinces in row over wheat crop target
Provincial govts propose lower harvest for sowing season 2024-25
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SPI rises 0.10% week-on-week
Price spike comes in sharp contrast to decline of 0.22% in prior week
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Stocks skyrocket as investor optimism returns
KSE-100 index surges 1,893.08 points, settles at 90,859.85
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SBP purchases record $722m in July
Absorbs excess dollar inflows to strengthen forex reserves, repay foreign debt
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Inflation rises to 7.2% in October
Food price surge drives uptick, but core inflation eases, signaling room for monetary easing
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Oil rises 1% onIran-Israel tensions
Oil prices climbed on reports of potential Iran strike on Israel, reaching a one-week high on Friday.
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Businesses demand rate relief
With inflation in single digit, they urge SBP to cut rate by 300-500 basis points
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IMF demands additional revenue measures after Pakistan misses tax targets
The IMF also declined Pakistan's request to revise down the FBR's tax collection targets
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Punjab eyes green industrial growth
Minister highlights deal with Chinese firm to manufacture solar panels
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PSX: KSE-100 Index surges on rate cut expectations
Benchmark index soars nearly 1,900 points to close at 90,859 points
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Inflation rate edges up to 7.2% in October
Average CPI for first four months of FY25 stands at 8.68%
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Govt meets only two fiscal conditions
Achieves targets of primary budget surplus, provincial net revenue collection
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USD exchange rate: Pakistani rupee shows slight appreciation against USD
The Euro (EUR) was being bought at Rs299.70 and selling at Rs302.65
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PSX recovers losses as KSE-100 index rises by more than 1,600 points
KSE-100 index increase by 1.85%, reaching 90,612.86 points during intra-day trading.
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Four-month tax target missed
Despite record tax hikes, revenue falls short pressuring officials
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EV stations for motorways approved
Policy draft proposes Rs39.75 per unit tariff for EV charging stations
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PSX ends month with over 1,300-point slump
Institutional selling, SBP rate uncertainty push index deep into red
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Over $10m in deals secured at Food Asia
Three-day fair draws global exhibitors, spot export potential, food security
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KE seeks tariff cut during heated NEPRA hearing
Public challenges regulator's role, accuses it of bias towards KE
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Debt re-profiling cuts interest costs on domestic loans
Pakistan retires Rs200b commercial debt by buying back six-month, 12-month T-bills
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Reserves hit 31-month high at $11.16 billion
Forex deposits rise $116m in a week; rupee depreciates
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SCCI, SIDB to set up CWFF at SIE Peshawar
SIDB expresses willingness to set up similar CFC for SCCI's honey cluster
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Sole bidder offers Rs10b for 60% PIA shares
Govt has set minimum sale price of Rs85.03b Five parties opt out of privatisation process.
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Finance ministry rules out chances of a mini-budget
Finance ministry claims current economic situation shows effectiveness of financial policies, ensuring stability
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PSX ends rallying streak as KSE-100 index drops by 1,300 points
KSE-100 index declines by 1.46%, reaching 88,966.76 points during intra-day trading.
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USD exchange rate: Rupee value fluctuates against major currencies
The British Pound (GBP) was being bought at Rs357.10 and selling at Rs360.65.
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Gold prices slip in local and international markets
Silver rates increased, contrasting the downward trend in gold prices today.
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Microsoft, Meta shares drop on cautious growth outlook
Concerns revolve around escalating investments in AI infrastructure which raises doubts about sustainable growth
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Top 95 PSX firms report Rs403b profit
Corporate profits fall 14% YoY, led by declines in oil, food, and refinery sectors
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Govt raises petrol price by Rs1.35, high-speed diesel up by Rs3.85
The new prices for petrol are Rs248.38 per litre and Rs255.14 per litre for HSD
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$7 billion IMF bailout falters as economy strains
Centre, provinces struggle to meet strict conditions
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Profit-taking brings record rally to an end
KSE-100 slips below 91,000 as investors sell stocks amid uncertainty
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In distress call, traders seek tariff cut
Say electricity rates reach unsustainable levels that threaten competitiveness
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First local Large Language Model to be developed
Jazz partners with NUST and NITB to launch Pakistan's first locally developed Large Language Model for AI solutions.
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Conference for leveraging rich marine resources
Launches major B2B initiative to foster investment in Pakistan's fisheries sector
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Pakistan dubbed Tech Destination
Experts forecast projects worth $200m secured at GITEX; call for followup
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Gold hits fresh peak at Rs287,900 a tola
Gold price hits Rs287,900 per tola as the rupee dips to Rs277.79/$ amid global market trends and US election jitters.
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Pakistan eyes more trade with Maldives
Pakistan's High Commissioner highlights potential to boost trade with the Maldives, currently at $8-9 million.