Business

Google's $1 billion investment in Thailand will establish a new data centre and expand cloud and AI infrastructure

Say small units grappling with lack of funds, thin demand

SBP confident banks will be able to bear excessive digital transaction pressure

Textile mills' refusal to pay cotton cess prompts decision to wind up PCCC

PM's climate aide calls for infrastructure upgrades to tackle crises

PM expresses gratitude, seeing economic milestone as a step towards fulfilling promises made to people

KSE-100 index loses 177.93 points, settles at 81,114.20

Beijing's aggressive measures drive 8.5% rally, record turnovers ahead of holiday break

Collects Rs2.56tr in Q1 as taxpayers pay sharply higher amount with returns

Industrialists urge FBR to extend tax return deadline due to persistent technical issues with the IRIS system.

Currency dips by Rs0.07 in inter-bank; experts forecast stability following IMF boost

Delays Dar-led task force's resolution to allocate 35% gas discoveries to private sector

Petrol will see a decrease of Rs2.07 per litre while HSD will be reduced by Rs3.40 per litre

Following the hike, the new price of LPG for October has been set at Rs251.30 per kilogram

Extension comes hours after the FBR had earlier stated that no further extensions would be granted

Gold prices drop in local markets with 24-carat gold at Rs 275,500 per tola and silver steady at Rs 3,050.

Stocks closed at 81,114.20 , reflecting a decrease of 177.93 points, or a 0.22% drop.

Asset manager Fidelity has marked down its stake in X, now valuing the social network at $9.4 billion.

Mark Zuckerberg reaches $200B net worth, outpacing tech giants as Meta stock surges and AI initiatives expand rapidly.

Five digital banks near operational readiness to transform financial inclusion in 2025

Over 500 participants joined the "Save Tomorrow" Run & Walk in Islamabad, raising awareness against drug abuse.

Such risks can be limited through adoption of blockchain technology, real-time audit of supply chain

Stabilising indicators offer hope, but tangible benefits must reach the masses

Capital flows increase volatility in financial markets that doesn't bode well for govt, business

Cheaper loans crucial for job creation, economic efficiency and innovation

Muhammad Aurangzeb stated that inflation has decreased, and this is not just a hollow claim.

Govt aims to use excess funds to lower interest rates, manage domestic debt more effectively

Cuts inflation projection, but cautions against ambitious growth targets

Cabinet approves summary through circulation on September 25

Court filings come after investigations found Amazon, Flipkart in violation of laws

KSE-100 index loses 782 points, or 0.95% WoW, settles at 81,292

Under NRP project, govt plans to set up medical city, Kissan bank

Pakistani consul general praises leadership, highlights strategic partnership

Ministries clash over solutions as transition to power grid poses challenges

Gilani says govt is taking steps to bring improvement in industry

Moody's downgrades Israel's credit rating to Baa1 amid escalating regional conflict, citing high geopolitical risks.

Pays first tranche of Rs8.2b to power plants of sugar mills for coal cost

Targets foreign-funded NGOs to halt grey funding, secure CPEC interests

Monthly economic outlook for Sept 2024 shows surge in output, exports

The company now anticipates a profit margin of around 5.6%, down from a previously projected 6.5-7%

SBP reports receiving 760 million SDR, equivalent to $1.026b, from IMF

KSE-100 index loses 365.83 points, settles at 81,292.13

Israel's credit rating downgraded by Moody's as the government struggles with war expenses and financial pressure.

Stakeholders call for action as shortages, hoarding, and black-market sales surge

Stresses govt is prioritising SMEs by creating conducive environment

Currency gains Rs1.13 in three weeks as Pakistan secures $7b IMF deal

Gold prices in Pakistan surge as 24K gold hits Rs 280,000 per tola, other gold categories also seeing sharp increases.

In August alone, inverter exports reached 326m yuan, a YoY growth of 429.04%

SPI increases 12.8% year-on-year, up from 3-year low in prior week

PKR fluctuates as USD trades at Rs 278.50, GBP at Rs 369.70, and KWD remains the highest at Rs 898.15 in the market.