Pakistan’s banking outlook upgraded from stable to positive by Moody’s
Web Desk: The global rating agency Moody’s has improved Pakistan’s banking outlook from stable to positive. “We have changed our outlook on Pakistan’s banking system...
IMF agrees to govt plan for reduction in electricity rates
Islamabad: The International Monetary Fund (IMF) has agreed on the government’s plan for decreasing electricity rates during discussions on the disbursement of the next installment...
PSX turns bearish today as it loses 178 points
Karachi :The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend today , losing 178.69 points while closed at 114,177.66 points. A total of...
Jam Kamal arrives Oman on official visit
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan embarked on an official visit to Oman, with his itinerary packed with high-level meetings, industrial visits, and...
SBP decides to retain interest rate at 12%
Karachi: The State Bank of Pakistan (SBP) on Monday decided to keep the policy rate unchanged at 12%. The SBP cited lower-than-expected inflation and sustained...
Policy level talks with IMF mission to commence from today
Islamabad: Policy level talks with the International Monetary Fund (IMF) to receive next tranche of one billion dollar will kick start from today. New financial...
LPG crisis intensified across country including Lahore
Lahore: Liquefied petroleum gas (LPG) crisis has intensified all across the country including Lahore as LPG prices have increased by Rs 60 to 70. Sui...
Govt to provide low-cost loans to women
ISLAMABAD: Federal government has decided to provide low-cost loans to women including women entrepreneurs associated with cottage industries and small business in the small and...
Policy level talks with IMF to kick start from Monday
Islamabad: Policy level talks with the International Monetary Fund (IMF) to receive next tranche of one billion dollar will kick start from tomorrow, Monday. New...
China extends $2 billion loan repayment by Pakistan for one year
ISLAMABAD: China has once again extended financial relief to Pakistan by extending the repayment period of a $2 billion loan to Pakistan by one year....
Gold price down by Rs.1000
KARACHI: The rate of gold decreased by Rs.1000 in Pakistan. According to the All Pakistan Gems and Jewelers Association, the rate of gold slashed by...
PSX weekly summation: Market sees positive trend, gain 2411.81 pts
KARACHI: The Pakistan Stock Exchange (PSX) experienced a positive trend during the trading week, with the benchmark KSE-100 index gained 2411.81 points. According to the...
PM decides to include women entrepreneurs associated with small businesses in SMEs sector
Islamabad: Prime Minister Muhammad Shehbaz Sharif has decided to include women entrepreneurs associated with cottage industries and small businesses in the Small and Medium Enterprises...
Gold price hikes by Rs.3000 per tola
KARACHI: The price of gold increased by Rs.3000 per tola According to the All Pakistan Gems and Jewelers Association, the price of gold increased by...
“Pakistan Stock Exchange restores limit of 114,000 points
KARACHI: Pakistan Stock Exchange has regained the level of 114,000 points. On the fifth and final day of the trading week, there is an upward...
Govt working to promote small, medium-sized businesses: PM
ISLAMABAD: Prime Minister Shehbaz Sharif has said the government is working on a priority basis to promote small and medium-sized businesses. He was chairing a...
Gold price slashes in Pakistan
KARACHI: The price of gold decreased by Rs.3000 per tola According to the All Pakistan Gems and Jewelers Association, the price of gold per tola...
Positive trend in Pakistan Stock Exchange
KARACHI: Pakistan Stock Exchange is showing a positive trend with an increase of 841 points today. In a remarkable turnaround today, stock market index climbed...
PSX turns bearish, loses 490 points
Karachi : The 100-Index of the Pakistan Stock Exchange (PSX) turned bearish on Wednesday, losing 490.04 points, closed at 112,253.76 points. A total of 263,963,740...
Gold prices increase by Rs.700 per tola
ISLAMABAD: The price of 24 karat per tola gold increased by Rs.700 and was sold at Rs 307,000 on Wednesday, All Pakistan Sarafa Gems and...