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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PSX Appoints Farrukh H. Sabzwari as New CEO
Karachi: The Pakistan Stock Exchange (PSX) has announced the appointment of Mr. Farrukh H. Sabzwari as its new Chief Executive…
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Pakistan Business Forum Calls for Immediate Economic Reform
Karachi: The Pakistan Business Forum (PBF) has urged the government to take swift and comprehensive measures for economic reform. The…
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Punjab Government Backs Off from PIA Acquisition
LAHORE: The Punjab government announced on Monday that it will not pursue the acquisition of Pakistan International Airlines (PIA). This…
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ECC Approves Circular Debt Management Plan for 2024-25
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved a circular debt management plan for the fiscal year 2024-25…
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Business Leaders Urge Deeper Rate Cuts to Drive Economic Growth
The recent 2.5% cut in the State Bank of Pakistan’s (SBP) policy rate has prompted a mixed response from the…
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SBP Monetary Policy Committee Announces Major Rate Cut
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) met today to announce a significant policy change.…
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Pakistan Stock Exchange Rises Amid Strong Buying, MPC Rate Cut Anticipation
The Pakistan Stock Exchange (PSX) saw another day of impressive rise, with the benchmark KSE-100 Index surging by nearly 1,250…
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SBP Expected to Announce Key Interest Rate Decision
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is set to announce its key interest rate…
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IMF Pushes Pakistan for More Revenue Measures
ISLAMABAD: Pakistan faces new financial challenges as the International Monetary Fund (IMF) has urged the government to adopt more stringent…
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SECP Updates Eligibility Criteria for Insurance CFOs
The Securities and Exchange Commission of Pakistan (SECP) has revised the eligibility criteria for the appointment of Chief Financial Officers…
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KP Government Shows Interest in Acquiring PIA
The Khyber Pakhtunkhwa (KP) government has shown interest in buying Pakistan International Airlines (PIA). KP’s Board of Investment and Trade…
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Warren Buffett Amasses $325 Billion in Cash Amid Apple Stock Sales
Warren Buffett, Berkshire Hathaway’s legendary investor, is now holding over $325 billion in cash, as the company continues trimming its…
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IMF Urges Pakistan to Boost Revenue Measures Amid Tax Shortfall
Islamabad: The International Monetary Fund (IMF) has called on Pakistan to introduce additional revenue-raising measures after the Federal Board of…
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Business Leaders Urge SBP to Cut Policy Rate
KARACHI: Amid a significant slowdown in inflation, business leaders have urged the State Bank of Pakistan (SBP) to cut policy…
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IDEAS 2024: Pakistan’s Leading Defense Exhibition to be Held in Karachi
Karachi:Â The 12th International Defence Exhibition and Seminar (IDEAS), known as IDEAS 2024, will take place at the Karachi Expo Center…
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Government Proposes New Financial Model for IPPs
The government has proposed a new financial model to 18 independent power producers (IPPs). This plan aims to significantly reduce…
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Qatar Plans $3 Billion Investment to Strengthen Pakistan’s Economy
Qatar has pledged a $3 billion investment in Pakistan. This move aims to support the economy and create new opportunities…
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Pakistan’s Trade Deficit Drops Over 30% in October 2024
Pakistan’s trade deficit experienced a notable reduction of over 30% in October 2024, dropping to $1.498 billion compared to $2.174…
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Pakistani Rupee Sees Slight Appreciation Against US Dollar
The Pakistani rupee showed marginal appreciation against the US dollar on Friday, appreciating by 0.06% during the early hours of…
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Gold Prices Decline in Pakistan on Friday
KARACHI: Gold prices in Pakistan fell sharply on Friday, reflecting a decline in international rates. In the local market, the…
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UBL Submits Amalgamation Offer to Silkbank
ISLAMABAD: United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has taken a significant step toward expanding its operations.…
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Possibility of Limiting NEPRA Public Hearings
Karachi: The National Electric Power Regulatory Authority (NEPRA) is considering the possibility of restricting public hearings. During a recent public…
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NEA of China Open to Coal Conversion Talks with Pakistan
ISLAMABAD: The National Energy Administration (NEA) of China has expressed a willingness, in principle, to establish an ad hoc working…
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