PSX witnesses bullish trend as 100 Index gains 253 points
Karachi :The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 253.96 points,while closed at 113,342.44 points. A total of...
Gold price upticks by Rs 3800 per tola
ISLAMABAD:The price of 24 karat per tola gold increased by Rs.3,800 and was sold all time high at Rs 308,000 on Wednesday,All Pakistan Sarafa Gems...
Government borrows $4.58 Billion in seven months
ISLAMABAD: Ministry of Economic Affairs has released details of loans in the first 7 months of the current fiscal year. According to the EAD report,...
Electricity will likely to become cheaper for Karachi consumers
KARACHI: Electricity will become cheaper for Karachi consumers by 4 rupees and 95 paisa per unit. Electricity prices for Karachi consumers will be reduced by...
Pakistan Stock Exchange starts with positive trend
KARACHI: Pakistan Stock Exchange (PSX) began today with a positive zone. Pakistan Stock Exchange is experiencing a surge of positive momentum today, with the benchmark...
Saudi Arabia decide to continue Petroleum supply on deferred payment terms
ISLAMABAD: Saudi Arabia has Decided to Continue Supplying Petroleum Products Worth $100 Million Monthly on Deferred Payment Terms A meeting of the Federal Cabinet, chaired...
In Global market, Basmati rice declared Pakistani product instead of Indian
ISLAMABAD: In a major positive development for Pakistan in the domain of trade and commerce, Australia and New Zealand have acknowledged and declared valuable long-grain...
International Seminar in Islamabad Highlights Pakistan’s Economic Potential
ISLAMABAD: Islamabad hosted an international seminar attended by diplomats, experts, and a large audience, organized by the Pakistan China Institute. The event culminated with a...
Dollar rate surge by 10 paisa
KARACHI: The rate of dollar increased by 10 paisa against Pakistani Rupee According to the currency market dealer, the rate of dollar in the interbank...
PSX witnesses positive trend on the second business day
KARACHI: Pakistan Stock Exchange had a positive day of trading today and the 100 index closed at 113088 with an increase of 1344 points. The...
Pakistan’s economy moving in right direction: Gallup survey
Islamabad: The Gallup survey indicates that Pakistan’s economy is moving in the right direction. According to the recent survey report, Pakistan’s business confidence increased by...
Pakistan’s earns $1.864 billion from IT services’ export during Jul-Dec
ISLAMABAD:Pakistan earned US $1.864 billion by exporting different Information Technology (IT) services in various countries during the first six months of the current fiscal year...
Gold rate hikes by Rs.1700 per tola
KARACHI: The price of gold increased by Rs.1700 per tola According to the All Pakistan Sarafa Jewellers Association, after an increase of Rs.1,700, the price...
20 billions dollar WB investment in various sector to open new avenues of development: PM
Islamabad: Prime Minister Shehbaz Sharif says the twenty billion dollars investment by the World Bank in health, education, youth development and other social sectors projects...
Foreign investment witnessing substantial increase: Jam Kamal
Islamabad: Minister for Commerce, Jam Kamal Khan says foreign investment in the country is witnessing a substantial increase, which reflects economic stability. Addressing a pre-budget...
Aurangzeb participates in group discussion with Counterparts of GCC in AlUla
Islamabad: Finance Minister Senator Muhammad Aurangzeb participated in a group discussion with the Finance, Economic, and Development Ministers of the UAE, Egypt, Jordan, Morocco, and...
Executive Directors of World Bank visiting Pakistan after long hiatus
ISLAMABAD: A high-level delegation of nine Executive Directors (EDs) of the World Bank Group (WBG) has arrived in Pakistan after nearly a 20 years hiatus....
Govt halted real estate relief package over IMF conditions
ISLAMABAD: The Federal Board of Revenue (FBR) has opposed granting relief to the real estate sector due to strict conditions imposed by the International Monetary...
Sharjeel Memon invites Chinese investors to establish EV manufacturing plant in Sindh
Karachi: Sindh Senior Minister Sharjeel Memon met a delegation of Chineses investors. Investment in electric vehicles came under discussion in the Minister and Chinese delegation....
Utility Stores started sacking 3000 daily wages employees
Islamabad: The Utility Stores Corporation of Pakistan (USCP) has started sacking 3000 daily wages employees. Regional Managers across the country have issued termination letter to...
Finance Minister represents Pakistan at AlUla Conference
The AlUla Conference for Emerging Market Economies has commenced in AlUla city of Saudi Arabia. The conference is bringing together Finance Ministers, central bank governors,...
Govt reduces petroleum prices upto Rs 5 per litre
Islamabad: The Government has decreases prices of Petroleum products for the next fortnight. According to a press release of Finance Division, the price of petrol...
SpaceX, T-Mobile offer free Starlink access during beta period
WEB DESK: SpaceX and T-Mobile announced during the Super Bowl that users could access the internet provided by Starlink satellites for free. The companies confirmed...
Massive decrease in Gold price
KARACHI: The price of gold significant decreased across the country According to the All Pakistan Gems and Jewelers Association, the price of gold per tola...
PM welcomes World Bank’s $40 Billion partnership framework
ISLAMABAD: Prime Minister Shehbaz Sharif lauded the World Bank Group’s recently launched new decade-long Country Partnership Framework (CPF) (2026-35), which features an exceptional commitment of...
PSX witnessed negative trend, 100 index declines
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish trend on Friday as the KSE-100 index shed 478 points The 100 Index of the...
Gold price surge again today
KARACHI: The rate of gold increased by Rs.2,200 per tola The trend of rising gold prices continued today in the country. According to the All...
Big reduction in petroleum products expected for next fortnightly
Islamabad: A big reduction expected in the petroleum products for next fortnightly starting from February 16. It is likely that petrol process will depreciate by...
President for stronger trade, economic, cultural ties with Turkiye
ISLAMABAD:Pakistan and Turkiye have reiterated their commitment to further improve bilateral cooperation in the areas of trade, economy, energy, defence, tourism, and people-to-people contacts for...
PM invites Turkish businessmen to invest in Pakistan’s diverse fields
Islamabad: Prime Minister Muhammad Shehbaz Sharif has invited Turkish businessmen and investors to invest in diverse fields in Pakistan. Addressing Pakistan-Turkiye Business Forum in Islamabad...
PSX grips bearish trend, loses 360 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing, 360.86 points, closed at 112,564.08 points. A total of 596,739,574 shares...
Rupee depreciates by four paisa in open market closes at Rs 281.10 against US dollar
ISLAMABAD:Pakistani rupee on Thursday depreciated by 01 paisa against the US dollar in the inter-bank trading and closed at Rs 279.26 . On the other...
Pakistan, Turkiye pledge to achieving $5b trade volume
Islamabad: Pakistan and Turkiye have agreed to continue their efforts to reach the goal of five billion dollar trade volume. This came at a meeting...
Gold price of 24 karat per tola gold upticks by Rs.2,500
ISLAMABAD:The price of 24 karat per tola gold increased by Rs.2,500 and was sold at Rs 304,000 on Thursday , All Pakistan Sarafa Gems and...
Positive momentum at the start of trading in the PSX
KARACHI: Positive trend has been observed in Pakistan Stock Market. On the fourth day of the business week, the stock exchange witnessed a surge at...
Aurangzeb assures full support to facilitate private sector-led growth
Islamabad: Finance Minister Muhammad Aurangzeb has assured full support to facilitate private sector-led growth. Virtually addressing a conference organized by Securities and Exchange Commission of...
US dollar slightly upticks in both inter-bank and open market
Karachi: US dollar has an minor uptick in both inter-bank and open market on Wednesday , today. The greenback increases by nine paisa reaching Rs...
Gold prices reduce Rs 1600 per tola
ISLAMABAD:The price of 24 karat per tola gold decreased by Rs 1,600 and was sold at Rs 301,500 on Wednesday, All Pakistan Sarafa Gems and...
PSX witnesses bearish trend as 100 Index loses 85 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday closed at 112,924.94 points. A total of 669,597,325 shares were traded during...
MD IMF commends Pakistan economic performance, rising growth, in meeting with PM
Dubai: Prime Minister Shehbaz Sharif has reaffirmed the government’s resolve to sustaining the reform momentum, particularly in critical areas such as tax reform, energy sector...
FBR reduces Karachi property valuations by up to 50%
KARACHI: Federal Board of Revenue (FBR) has announced a revised notification regarding property values in Karachi, which reflects a gradual decrease of up to 50%...
PSX witnesses positive trend, increase in the 100-index
KARACHI: Today was a positive day for business at the Pakistan Stock Exchange, where an increase was observed in the 100-index. At the end of...
Adani Power shares climb despite market correction; BSE, NSE seek clarity on ‘Bangladesh supply restoration’
NEW DELHI: Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in India, a Bangladesh official said, after more than three...
Energy Minister announces free solar panels in Karachi
KARACHI: Energy Minister Syed Nasir Hussain Shah on Tuesday annouced deadline for the distribution of solar panels among 200,000 deserving households Chairing a meeting to...
Price of gold continues rise per tola
KARACHI: The price of gold has increased again today, with a rise of Rs.100 per tola. The price of gold per tola has now reached...
CM Murad invites French companies to invest in Sindh
KARACHI: Sindh Chief Minister Syed Murad Ali Shah has extended an invitation to French companies to invest in various sectors of the province, with a...
PSX witnesses positive trend as KSE-100 gains 1055 points
KARACHI: The Pakistan Stock Exchange (PSX) commenced the new week on a positive note as the KSE-100 index gained 1,055 points. The 100-Index of the...
Massive increase in Gold rate
KARACHI: The rate of gold increased by Rs.4000 per tola According to the All Pakistan Gold and Gems Association, the rate of gold increased by...
Pakistan IT exports surge 28 percent reaching record of 1.86 billion dollars
Islamabad: Pakistan Information Technology export has increased by 28 percent reaching a record level of 1.86 billions dollar. The Minister for state for IT, Shaza...
IMF team arrives to conduct review judges appointments, independence of judiciary, corruption
Islamabad: The International Monetary Fund (IMF) team arrived in Pakistan on Sunday while will conduct a composite review of appointments of judges, independence of judiciary,...