PSX reaches 6-year high, Stock market soars to new heights of 49,000 points
KARACHI: The Pakistan Stock Exchange (PSX) Thursday witnessed phenomenal growth, reaching the highest level in six years, crossing the elusive 49,000 points mark.
Shares trading...
Premier Shehbaz Sharif deplores NAB’s past role as ‘political pawn’
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday highlighted the unfortunate role played by the National Accountability Bureau (NAB) in the past, revealing how the...
Government jacks up petrol price by Rs19.95 per litre
ISLAMABAD: Amidst mounting economic pressures, the masses find themselves grappling with yet another burden as the government on Tuesday decided to jack up petrol...
SBP keeps key policy rate unchanged at 22 per cent
KARACHI: The State Bank of Pakistan (SBP) on Monday kept the key policy rate unchanged at 22 per cent. The central bank governor Jameel...
PSX 100-index gains record 1000 points, crosses 48,000 barrier
KARACHI: The first day of the business week saw a huge boom in the Pakistan Stock Exchange (PSX) that registered an increase of more...
Chinese bank rolls over $2.4 billion loan to Pakistan
ISLAMABAD: The Export-Import Bank of China (EXIM) has rolled over $2.4 billion to Pakistan, a sigh of relief for the outgoing Pakistan Democratic Movement-led...
Dollar takes Rs0.40 dip in interbank; Exchange rate now stands at 284.75
KARACHI: The United States (US) dollar has experienced a Rs0.40 decline in value against the Pakistani rupee in the interbank market during the early...
Petroleum dealers announce countrywide strike tomorrow (July 22)
ISLAMABAD: The Pakistan Petroleum Dealers Association (PPDA) on Thursday announced shutting down fuel pumps across the country on July 22, demanding an increase in...
Pakistan receives $600m from China to stabilize its economy: Shehbaz Sharif
ISLAMABAD: Prime Minister Shehbaz Sharif mentioned that the rollover loan of $600 million has been provided by the Exim Bank of China.
The State Bank...
IMF seeks plan to expand tax base, cites real estate and agri sectors
ISLAMABAD: The International Monetary Fund (IMF) has been pressing Pakistan to expand tax base and increase revenue generation – which is again one of...
