Bullish Trend Grips At PSX
KARACHI: The Pakistan Stock Exchange was bullish today. The KSE-100 Index closed today at 40279.38 points as compared to 39957.7 points on Wednesday with a
NEPRA Raises Power Tariff By Rs1.80 Per Unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased per unit in the electricity tariff by Rs1.80 for all power distribution companies, except for
PIA Ready To Bring Back Pakistani Prisoners From KSA: Spokesperson
KARACHI: The national-flag carrier was ready to bring prisoners released in Saudi Arabia to Pakistan, announced Pakistan International Airlines (PIA) official. PIA Chief Executive Officer
PSX Witnesses Bearish Trend as 100-Index Sheds 262 Points
KARACHI: The Pakistan Stock Exchange (PSX) experienced another slump on Tuesday, with its benchmark KSE-100 Index losing 262 points in intra-day trading. The PSX started with a
Trade Halts Between Pakistan, India Amid Rising Tensions
ISLAMABAD: Diplomatic sources on Monday claimed that trade between Pakistan and India has temporarily been halted due to increasing tensions between the two countries after
KPK’s Finance Minister Pays Visit To PSX
KARACHI: Khyber Pakhtunkhwa’s minister for financial affairs Taimur Saleem Khan Jhagra on Monday morning paid a visit to the Pakistan Stock Exchange. The provincial minister
ECC Meeting Underway In Federal Capital
ISLAMABAD: Finance Minister Asad Umar is chairing a meeting of the Economic Coordination Committee (ECC) in Federal capital where discussion on a seven-point agenda is
Govt Did not Cross the Line in Lending Debts: Governor SBP
LAHORE: Governor of State Bank of Pakistan (SBP) Tariq Bajwa said that the federal government has not crossed any boundaries in terms of lending loans
PSX Witnesses Bearish Trend, Gold Price Increased by Rs50 Per Tola
KARACHI: The benchmark 100- index of Pakistan Stock Exchange (PSX) witnessed a bearish trend on Monday as it fell by 267 points to close at 40,219
Saudi Investors to be Provided All Facilities: Razak Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Monday vowed that “Saudi investors and businesses will be provided all out facilities in
Saudia Arabia To Invest 21$ Billion In Pakistan
ISLAMABAD: Saudia Arabia and Pakistan signed 7 agreements and MoUs, A new beginning of Socio-economic partnership will lead to shared prosperity, regional stability and mutual
International Meeting Of FATF Underway In Paris
PARIS: A four-member Pakistani delegation is witnessing today a review in Paris of its performance by an expert group of the Financial Action Task Force
Bearish Trend Prevails At PSX On Start Of Business Week
KARACHI: Bearish trend was witnessed at the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE 100 shares index plunged 235 points. According to
Will Support Pakistan To Become Developed State: Saudi Commerce Minster
ISLAMABAD: Addressing the Pak-Saudi Business Conference in Islamabad on Monday, Dawood said Saudi investment in Pakistan is highly significant for positive trajectory of Pakistan s growth
Pak Delegation To Depart For FATF Meeting In Paris Today
ISLAMABAD: A high-level delegation led by finance secretary will leave for Paris today (Sunday) to attend the International Financial Action Task Force meeting which will
Govt Refuses To Register 42 NGOs
ISLAMABAD: The federal government has rejected registration applications of 42 non-governmental organisations (NGOs) due to objections raised by the premier intelligence agency as Pakistan tightens control
CNG Closed For Next 12 Hours Across Sindh
KARACHI: Combined Natural Gas (CNG) filling stations were closed for next 12 hours across Sindh including Karachi and now it will be resumed on Saturday
Finance Minister Announces Incorporation Of ‘Sarmaya e Pakistan’
ISLAMABAD: Finance Minister Asad Umar has stated that registration process for the Sarmaya e Pakistan (holding company for state-owned enterprises) has been completed. In a
Government To Discontinue Rs40,000 Bonds
KARACHI: Federal government on Friday announced its decision of discontinuing the Rs. 40,000 national prize bonds. State Bank of Pakistan (SBP) has said that it
Country Foreign Reserve Stabilizes
KARACHI: An amount of 13 million dollar added to foreign reserve of the country in last week, states State Bank of Pakistan (SBP) on Thursday.