Business
Get the latest updates on financial news, market trends, and corporate strategies with Day News TV’s Business section. Stay informed about global and local economic developments and make smart decisions with our concise, expert coverage.
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Bitcoin Surges Past $80,000 as Trump’s Victory Boosts Crypto Sentiment
Bitcoin hit a new all-time high above $80,000 on Sunday. The surge followed Donald Trump’s victory in the U.S.…
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ATRL Delays Refinery Upgrade Over Tax Adjustment Issues
Karachi: Attock Refinery Limited (ATRL) has postponed its major refinery upgrade project. The upgrade aims to boost high-value fuel production,…
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Saudi Riyal Exchange Rate Update in Pakistan
As of November 9, 2024, the Saudi Riyal (SAR) exchange rate in Pakistan’s open market stands at Rs73.65. The selling…
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Gold Prices Hold Steady in Global and Local Markets
Gold prices remained steady today in both global and local markets. In the international bullion market, the price of gold…
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UAE Strengthens Investment Ties with Pakistan
The United Arab Emirates (UAE) has taken a significant step towards expanding its investments in Pakistan. UAE’s focus areas include…
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FBR Tax Refunds Slightly Decline, Rebates Rise in FY24
The Federal Board of Revenue (FBR) reported a slight decline in income tax refunds for the fiscal year 2023-24. The…
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Pakistan Records Highest-Ever Remittances in October
Overseas Pakistanis, in October 2024, sent a record $3.05 billion in remittances, marking Pakistan’s highest-ever monthly inflows. The remittance surge…
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Gold Prices Jump by Rs. 2,000 on Friday After Recent Drop
Gold prices in Pakistan saw a sharp increase of Rs. 2,000 per tola on Friday. The All-Sindh Sarafa Jewellers Association…
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Fly Jinnah Celebrates Two Years of Affordable Air Travel in Pakistan
Karachi: Fly Jinnah, Pakistan’s low-cost carrier, is celebrating its second anniversary since the launch of its operations in 2022. The…
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Pakistan’s Foreign Reserves Rise for 15th Straight Week
KARACHI: Pakistan’s foreign exchange reserves, managed by the State Bank of Pakistan (SBP), climbed by $18 million to reach $11.17…
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Bulls Drive Record Surge in Pakistan Stock Exchange
KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a remarkable surge on Thursday as the KSE-100 index jumped by…
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FBR Officials Held Captive During Tax Inspection at Karachi Wedding Hall
KARACHI: A routine tax inspection escalated into a tense situation in Karachi as Federal Board of Revenue (FBR) officials were…
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US Fed Cuts Interest Rates by 25 Basis Points
In a widely anticipated move, the US Federal Reserve has cut its federal funds rate by 25 basis points, bringing…
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Loss of $25 Million in Exports Due to NGOs’ Anti-National Campaign
Pakistan’s economy took a hit after losing a $25 million export order due to a anti-national campaign led by NGOs…
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KSE-100 Index Rebounds, Gains 500 Points
KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) made a strong recovery on Thursday, rising by nearly 500…
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Emirates Group Reports Record Half-Year Profits Amid Strong Customer Demand
Karachi: Emirates Group has announced a record-breaking financial performance for the first half of the fiscal year, achieving a profit…
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Pakistan’s Foreign Exchange Reserves Dip Below $16 Billion
Karachi: Pakistan’s foreign exchange reserves fell below the $16 billion mark this week, as reported by the State Bank of…
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Overseas Pakistani Group Offers Rs 1.25 Trillion for PIA Privatization
ISLAMABAD: In a major development, overseas Pakistani investment group Al-Nahang has offered over Rs 1.25 trillion for the privatization of…
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KP Honey Exports Enter Malaysian Market
ISLAMABAD: Sidr honey from Khyber Pakhtunkhwa (KP) has reached Malaysia for the first time. This shift from traditional Middle Eastern…
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NEPRA Cuts Fuel Charges to Ease Electricity Costs for September
The National Electric Power Regulatory Authority (NEPRA) has approved a fuel charge adjustment (FCA) reduction of PKR 1.28 per unit…
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US Stocks Surge Following Trump’s Election Victory
US stocks experienced a sharp rise on Wednesday after Donald Trump was projected to win the 2024 presidential election. The…
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Bitcoin Hits Record High After Trump Wins Election
Bitcoin rallied overnight, reaching a new all-time high as former President Donald Trump claimed victory over Vice President Kamala Harris…
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IMF Mission to Arrive in Pakistan Early to Review $7 Billion Bailout Package
The International Monetary Fund (IMF) will send a mission to Pakistan next week, four months ahead of the planned review.…
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