Recent Post:
KSE-100 gains 107pts on recovery in global markets
KARACHI: KSE-100 closed day with modest gain of 107 points, taking cue from recovery in global stock markets. KSE-100 started session with positive momentum that helped index reach an intra-day high of 77,746.56, followed by some profit-taking that t...
Country can't be run sans taxes: Aurangzeb
ISLAMABAD: Minister Muhammad Aurangzeb said that country couldn't be run through charity as taxes were necessary for smooth functioning of state matters. Speaking at ceremony here, he said that government would reach staff-level agreement with...
Pakistan Post suspends parcel service to US
LAHORE: Pakistan Post has stopped parcel bookings for United States for month, inflicting massive loss of hundreds of thousands of dollars to country, it emerged. Orders of ones who sent goods through e-commerce were also cancelled due to closure of...
Selling pressure at PSX, KSE-100 loses 1,141 points
KARACHI: Selling pressure was witnessed at Pakistan Stock Exchange (PSX) as benchmark KSE-100 Index lost 1,141 points during trading session. KSE-100 started session with some positivity, hitting an intra-day high of 78,330.10. However, selling press...
FBR collects Rs659.2 bln in 1st month of FY 2024-25
ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs 659.2 billion in first month (July) of the current financial year 2024-25 against the set target of Rs 656 billion. The board has issued refunds of amounting Rs 77.9 billion, said a FBR...
UAE CG, KCCI members discuss business friendly initiatives
KARACHI: United Arab Emirates Consul General Bakheet Ateeq Al-Remeithi visited the Karachi Chamber of Commerce and met the businessmen. During the meeting, Bakheet Ateeq said that the United Arab Emirates has started zero bureaucracy for the conveni...
Cannot defer reform agenda anymore, says Aurangzeb
ISLAMABAD: Minister for Finance Muhammad Aurangzeb said government would "Move forward" with structural reforms in key sectors as it cannot "Defer this agenda" anymore. Addressing ground-breaking ceremony of Head Office Building of Securities and Ex...
KSE-100 closes 147pts lower after volatile trading
Karachi: Pakistan Stock Exchange (PSX) witnessed negative session, as its benchmark KSE-100 closed session lower by 147 points. Index swayed in both directions, hitting an intra-day high of 78,241.02 and intra-day low of 77,595.93. At close, benchmar...
Rupee marginally improves against dollar
Karachi: Rupee registered marginal improvement against dollar, appreciating 0.03 percent in interbank market. At close, domestic unit settled at 278.66, gain of 0.08 paisa, against greenback. In interbank market rates for dollar for bid were to Rs 2...
Gold price goes down
KARACHI: Price of per tola gold went down by Rs 1,000, private news channel reported quoting all Sindh Sarafa Jewellers Association. According to data issued by Karachi Sarafa Association, price of gold (24 carats) fell by R 1,000 per tola to Rs 252,...
