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Country rapidly adopts cashless system
Payments through digital channels grow 9% to Rs36tr in Jul-Sept quarter
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Weekly inflation rate creeps up 0.38%
Food items drive increase in short-term SPI reading
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New steps bring less-than-estimated revenue
FBR collected Rs143b in Jul-Nov compared to hopes of receiving Rs491b
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Iran expects robust trade and economic ties
Consul general says both govts working on solutions to financial transactions
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Experts urge govt to take action towards sustainability
Say focus on NEVs will be pivotal in decreasing Pakistan's carbon footprint
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PSX rebounds on renewed interest
KSE-100 index surges 3.05%, driven by upbeat economic indicators
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Pakistan, China capital markets to deepen ties
Pakistan delegation signs MoUs with Chinese exchanges, enhancing capital market cooperation and investment.
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Express Media Group, 1Link launch podcast series
Aim to educate public on cyber security, banking fraud, digital transactions
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Gold loses shine, drops Rs2,000 per tola
Rupee remains largely stable at 278.42 to a dollar
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Express Media Group, 1Link, GroupM launch podcast series on financial education
Series will be available on Express News, Express Entertainment TV, and social media platforms
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Gold prices fall for second consecutive day in Pakistan
Global gold prices dropped by $20 to $2,601, causing a decrease in gold rates in local markets as well
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PSX bounces back with 3,200-point recovery after major drop
KSE-100 index rises by 3.05%
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Foreign currency reserves rise $31m to $12.08b
Pakistan's forex reserves rise to $12.08B; gold prices fall amid US policy impact and rupee dips slightly.
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Bank customers face surge in cyberattacks
Meezan Bank issues advisory, urges caution while using card online
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Olive oil production target set at 4,600 tons
Pakistan has 10m acres of land suitable for olive cultivation, twice as much as Spain
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Industries oppose gas price hike proposal
Demand tariff reduction due to lower interest rates, UFG losses
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Dhaka presses Adani to reopen power deal
Says energy supplier withheld tax benefits received from New Delhi
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Stocks plunge nearly 4,800 points
Redemptions by mutual funds, year-end profit-taking drag market down
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UAE carrier spends $2b on aircraft retrofitting
Emirates launches its first experiential travel store in Karachi, focusing on growth and opportunities in Pakistan.
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Oil marketers seek PM's intervention over margins
Caution industry is on verge of collapse due to unaddressed challenges
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Bagasse-based IPPs agree new deals
Under revised agreements, IPPs will cut tariff, leading to savings of Rs238b
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Govt takes new $300m commercial loan
Borrowing will help meet country's external financing requirement
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Oil edges higher on falling US inventories
Oil prices rise slightly due to falling US crude stocks, but gains limited by Fed's cautious rate cuts.
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BRI Green and Low-Carbon Expert Network kicks off
Launch aligns with Chinese President Xi Jinping's eight pledges for high-quality Belt and Road cooperation
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Amazon faces nationwide strike amid holiday rush
Management says most strikers are outsiders brought in by Teamsters, dismissing the union's claims
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Eurozone crypto ownership doubles in two years, mostly as investment: ECB survey
Nine percent of those quizzed said they owned crypto assets such as bitcoin or ether, up from four percent in 2022
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'Oil price cut must benefit consumers'
Centre asks provinces to take steps for passing on full impact of lower rates
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PSX sees another record single-day drop, loses around 4,800 points
KSE-100 index drops by 4.32% or 4795.32 points closing at 106,274.97 points.
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Pakistan sees decline in gold prices
The price of silver per tola increased by Rs50, reaching Rs3,350.
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Currency exchange rate: Saudi Riyal to PKR for December 19, 2024
Saudi Riyal exchange rate today stands at Rs73.94 for buying.
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ECC green-lights new EPZ in Balochistan
Approves key economic measures worth Rs48b including Rs14b for tubewell solarisation, Rs523.1m for SIFC
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Digital bill deferred despite initial consensus
Several committee members express strong reservations about rapid pace of bill's advancement, call for transparency
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G20 watchdog calls for addressing risks
Says growth in non-bank sector can pose substantial risks to financial stability
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Honda, Nissan explore possible merger
Challenges from Tesla, Chinese rivals and deepening financial trouble add urgency for closer cooperation
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OPEC+ wary of US oil output rise under Trump
Increase in production could undermine oil group's efforts to prop up prices
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Gold rises Rs1,000 on global fluctuations
Currency closes at Rs278.23/$, gains Re0.04 in interbank as PSX witnesses sharp decline
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PSX dives due to profit-taking
Index plummets 3,790 points amid slump in global equities, foreign outflows
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PFC to participate in Dhaka fair
PFC to debut at Dhaka International Trade Fair, showcasing Pakistan’s premium furniture to global markets.
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UK envoy introduces export programme
Mahesh Mishra discusses UK’s new programme to boost Pakistani exports and strengthen trade relations.
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US Federal Reserve cuts interest rates, signals slower pace of future reductions
US central bankers now project they will make just two quarter-percentage-point rate reductions by the end of 2025
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Honda and Nissan in talks over possible merger, sources say
A combined Honda and Nissan would create a $54 billion company with annual output of 7.4 million vehicles
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Gold prices see hike in Pakistan
The international bullion market witnessed a $10 increase in gold prices, pushing the per ounce rate to $2,647
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Driving change: How inclusive business models can shape Pakistan’s future
To flourish, corporate Pakistan needs to invest in people, embrace diversity, and adopt sustainable practices
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PSX sees biggest single-day decline, plummets over 3,700 points
The index eventually closed at 111,070.29, reflecting a historic single-day drop of 3,790.39 points.
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Power consumers to get relief of Rs0.63/unit
Fuel adjustment for November 2024 promises cost savings on diverse energy mix
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Decade-high C/A surplus posted
Surge in remittances, decline in imports drive surplus to $729m in November
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Bitcoin rallies past $107,000
Number 2 digital currency ether was up 1.85% at $3,975.70.
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Plan to end agri-sector intervention sought
Food ministry is required to come up with plan to shift to market-determined prices of commodities.
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World Bank, Pakistan discuss climate resilience
Agree to collaborate on investing in agriculture, water, energy, floodwater management, and disaster risk reduction
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PSX closes lower amid volatility
KSE-100 index drops 1,309 points, settles at 114,861