Business
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KSE-100 Index Surges Over 500 Points Amid Bullish Trend
KARACHI: The Pakistan Stock Exchange (PSX) maintained its positive trajectory on Monday, as the benchmark KSE-100 index gained 572.73 points.…
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Stock Market Set for Growth Amid Attractive Valuations
The stock market closed the week on a high note, signaling optimism for continued growth. Political unpredictability and rising crude…
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$TRUMP Meme Coin Skyrockets to $8 Billion Market Cap in Hours
A new cryptocurrency, $TRUMP, has taken the Solana blockchain by storm, achieving an $8 billion market cap within hours of…
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IMF Revises Pakistan’s Economic Growth Forecast for 2025
The International Monetary Fund (IMF) has downgraded Pakistan’s GDP growth projection for 2025 to 3%. The previous forecast, made three…
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PSX and 1LINK Revolutionize Book Building Process
Karachi, January 17, 2025 – The Pakistan Stock Exchange (PSX) and 1LINK (Pvt) Limited have entered into a strategic agreement…
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PMEX Records PKR 47.941 Billion in Trade Value
On Thursday, the Pakistan Mercantile Exchange (PMEX) reported a total traded value of PKR 47.941 billion, showcasing significant activity in…
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Telenor Pakistan Partners with TAAP to Launch Travel SIM
Telenor Pakistan has teamed up with the Travel Agents Association of Pakistan (TAAP) to revolutionize connectivity for international travelers. The…
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Gold Outlook: Bullish Momentum Fueled by Fed’s Dovish Shift
Gold prices have maintained a bullish trajectory, benefiting from the Federal Reserve’s recent dovish stance. After hitting a five-week high…
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Bulls Dominate PSX as Index Soars Over 1,200 Points
The Pakistan Stock Exchange (PSX) witnessed an electrifying trading session on Friday, with the benchmark KSE-100 index soaring by over…
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Pakistan’s Mining Sector Shines at Future Minerals Forum in Riyadh
The Pakistan Pavilion at the Future Minerals Forum (FMF) in Riyadh attracted widespread interest on the event’s second day. The…
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PM Shehbaz Sharif Directs Swift Resolution of FBR’s Tax Cases
Prime Minister Shehbaz Sharif has directed authorities to expedite the Federal Board of Revenue’s (FBR) legal efforts to conclude under-trial…
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DP World and NLC Launch Weekly Dubai-Karachi Feeder Service
DP World and NLC have launched a weekly feeder service between Dubai’s Jebel Ali Port and Karachi. This initiative marks…
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Pakistan’s Foreign Exchange Reserves Rise to $16.45 Billion
Pakistan’s foreign exchange reserves saw an increase of $73.1 million, bringing the total reserves to $16.45 billion. This rise, attributed…
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UAE Extends $2 Billion Deposits in Pakistan
The United Arab Emirates (UAE) has extended the maturity of its two deposits worth $1 billion each, held in the…
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Government Delays Decision on Gas Tariff Hike for CPPs
The federal government has yet to make a final decision regarding the proposed increase in gas tariffs for Captive Power…
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Rs 750 Prize Bond Draw Results Announced for January 2025
The much-anticipated results of the Rs 750 prize bond draw for January 2025 were announced on Wednesday by the National…
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Salaried Class Becomes Third-Largest Tax Contributor in Pakistan
The salaried class has become the third-largest contributor to Pakistan’s tax revenue, with a nearly 40% rise in tax collection…
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Gold Prices Drop Again in Pakistan as Global Markets Stabilize
KARACHI: Gold prices in Pakistan continued to decline for the second consecutive day on Tuesday, reflecting a similar trend in…
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Commerce Ministry Pushes for EV Policy Reforms in Pakistan
Islamabad: The Ministry of Commerce has proposed significant changes to Pakistan’s electric vehicle (EV) policies. These reforms aim to remove the…
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Each Citizen Owes Rs302,000 as Budget Deficit Soars
Islamabad: Pakistan’s per-person debt has surged to nearly Rs302,000, marking an 11.3% increase over the past fiscal year. The latest Fiscal…
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Petroleum Prices to Increase by Rs6.20/Litre from Jan 16
Islamabad: The prices of petroleum products in Pakistan are set to increase by up to Rs6.20 per litre for the upcoming…
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Saudi Firm Set to Invest in Pakistan’s Reko Diq Mine
Riyadh: Saudi Arabian mining company Manara Minerals is expected to invest in Pakistan’s Reko Diq mine within the next two…
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