Business
PSX sets new record as KSE-100 crosses 63,000 mark
December 7, 2023
PSX sets new record as KSE-100 crosses 63,000 mark
KARACHI: Bulls on Monday gripped the Pakistan Stock Exchange (PSX) as the benchmark index achieved a new milestone by crossing…
Pakistani authorities have ‘delivered’ on economic front, says top IMF official
December 7, 2023
Pakistani authorities have ‘delivered’ on economic front, says top IMF official
IMF official says Pakistan ‘important’ country in the world. “Our country is destined to succeed,” says Masood Khan. Nathan Porter…
November inflation to spike on gas price adjustment, dashing slowdown hopes
November 30, 2023
November inflation to spike on gas price adjustment, dashing slowdown hopes
CPI likely to rise to 28.6-29.6% year-on-year in Nov. Inflation rate could register 2.1% month-on-month jump. Weekly SPI on Nov…
Petrol price likely to remain unchanged in next fortnightly review
November 30, 2023
Petrol price likely to remain unchanged in next fortnightly review
Petrol prices to hold steady in next review. Diesel and kerosene prices to decline from Dec 1. Next fortnightly review…
Binance Blues: With Zhao gone, Teng in, crypto co suffers big outflows after $4bn settlement
November 23, 2023
Binance Blues: With Zhao gone, Teng in, crypto co suffers big outflows after $4bn settlement
Data firm Nansen revealed that investors withdrew approximately $956 million from Binance within the last 24 hours, a development following…
Govt notifies 40% tax on windfall income; analysts say move will hurt banking sector
November 23, 2023
Govt notifies 40% tax on windfall income; analysts say move will hurt banking sector
Govt aims to broaden its revenue base via new tax rules for banks. It also wants to penalise lenders involved in…
Financial markets buoyed by Pakistan-IMF deal
November 16, 2023
Financial markets buoyed by Pakistan-IMF deal
Following the staff-level agreement between Pakistan and the International Monetary Fund (IMF), the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index…
Govt slashes petrol price by Rs2.04 per litre
November 16, 2023
Govt slashes petrol price by Rs2.04 per litre
Finance Division says rates slashed on recommendation of OGRA. Per litre price of high-speed diesel was slashed by Rs6.47. Kerosene…
Toyota plans to launch locally-built hybrid car in Pakistan by year end
November 9, 2023
Toyota plans to launch locally-built hybrid car in Pakistan by year end
IMC CEO emphasises well-structured import policy for auto sector. Introduction of HEVs promises a reduction in emissions. Eco-conscious initiative aligns…
Govt on fiscal tightrope as IMF talks set to begin today
November 2, 2023
Govt on fiscal tightrope as IMF talks set to begin today
ISLAMABAD: The International Monetary Fund (IMF) is expected to discuss the deteriorating fiscal position which has been heavily affected by…