PSX takes a dive of over 1,000 Points, due to Pak Iran strikes
KARACHI: The Pakistan Stock Exchange (PSX) fell by 1,000 points this morning following news of Pakistan's retaliatory air-strikes on Iran.
However, the PSX rebounded later...
China’s Economy Surpasses Growth Target, Offers Boost to Global Recovery
ISLAMABAD: China ended 2023 with economic growth that was better than anticipated, giving the world economy a much-needed boost despite internal struggles and external...
US Dollar plunges below Rs280 in Inter-Bank
KARACHI: After a gap of many months, the US dollar plunged below Rs 280 in the inter-bank trading in Pakistan on Wednesday. Dollar continued...
Electricity production in Pakistan drops by 9% in December
ISLAMABAD: The Nepra and Topline Research report explained that Pakistan's electricity production witnessed a significant 9% decline on an annual basis in December. The...
China’s reopening border reflection of Pakistan’s good economy: Experts
ISLAMABAD: China's reopening its border reflection of Pakistan's good economy. Looking back on the past year, one of the good things for Pakistan's economy...
Pak-Afghan bilateral trade still on halt; No headway so far
PESHAWAR: As Pakistan and Afghanistan have failed to resolve conflicts regarding the visa restrictions on transporters of the both countries, bilateral trade between the...
Inflation last week escalates to 7-month high over rising fuel prices
ISLAMABAD: Inflation during last week surged to its highest level in more than seven months, official data showed on Friday, as skyrocketing food prices...
POL prices in Pakistan likely to witness significant decrease from January 15
ISLAMABAD: In a positive turn of events, consumers in Pakistan may soon witness a decline in petroleum product prices as global dynamics align favorably.
Reports...
Karachi’s industrialists pin hopes for revival on 2024
KARACHI: Leading industrialists in Sindh have labelled 2023 as lacklustre and troublesome, plagued by energy crises, economic meltdown, strikes, and a lack of government...
Salaried working class of Pakistan pay 243pc more tax than wealthy exporters
ISLAMABAD: The salaried working class is paying 243 per cent more taxes than the wealthy exporters as the reports stated during the first half...
