‘Black Tuesday’: PSX sees biggest single-day decline, plummets over 2,500 points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed the biggest single-day decline on Tuesday as the benchmark index plunged by over 2,500 points with analysts...
Food, gas prices keep weekly inflation six-month high at 43.16%
ISLAMABAD: Weekly inflation rate remained at a six-month high of 43.16% in the week ending on December 14, as soaring food prices continued to...
PTCL to acquire Telenor’s Pakistan operations
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) on Thursday announced that it had signed an agreement with Telenor to acquire a 100 per cent stake...
ADB okays $155.5 million to boost financial inclusion in Pakistan
ISLAMABAD: The Asian Development Bank (ADB) on Monday greenlit a substantial financial package of $155.5 million aimed at fostering policy reforms to bolster women's...
Microsoft Edge Adds AI-Powered YouTube Video Summaries, with Limitations
ISLAMABAD: This week, Microsoft has added a new feature to its Edge browser that uses artificial intelligence to create text summaries of YouTube videos...
Caretaker cabinet greenlights ordinance for privatization of govt entities
ISLAMABAD: The Caretaker Federal Cabinet has taken a decisive step toward the privatization of government institutions, including the national carrier, PIA, aiming to eliminate...
KSE-100 index hits historic 66,000 points at Pakistan Stock Exchange
KARACHI: Pakistan Stock Exchange (PSX) Friday continued its bullish trends and for the first time in Pakistan's history of PSX, the KSE-100 benchmark crossed...
ADB okays $659m to rebuild 1,600 flood-hit schools, improve Pakistan’s agri productivity
ISLAMABAD: The Asian Development Bank (ADB) has approved $659 million of financing to carry out development projects like rehabilitating schools damaged by the devastating...
Pakistan closer to landmark free-trade agreement with Gulf countries
RIYADH: Pakistan has reached to obtain a landmark achievement of signing Free Trade Agreement (FTA) with Gulf countries as there has been a significant...
Saudi Arabia extends $3 billion deposit term for Pakistan
RIYADH: In a significant development, the Kingdom of Saudi Arabia officially announced the extension of its $3 billion deposit facility with the State Bank...
