Recent Post:
KSE-100 falls 663pts on oil, gas, bank scrips
Karachi: Pakistan Stock Exchange (PSX) benchmark 100-index lost 663 points. KSE-100 started session positive, hitting an intra-day high of 73,866.45. However, uncertainty kicked in and drove index into negative territory. At close, benchmark index se...
Dr Shamshad appointed chairperson of PSX Board
Karachi: Former State Bank of Pakistan Governor and ex-caretaker Finance Minister Dr Shamshad Akhtar was appointed as chairperson of Pakistan Stock Exchange (PSX) Board of Directors. “Please be informed that Dr Shamshad Akhtar, an Independent...
WB approves $1bn additional financing for Dasu Hydropower Project
Karachi: World Bank has approved $ 1 billion in additional financing for Dasu Hydropower Project (DHP) in Khyber Pakhtunkhwa’s Upper Kohistan district, it emerged.“World Bank’s Board of Executive Directors today approved $ 1 billion...
Economic Survey 2023-24: Pakistan registers 2.38pc GDP growth
ISLAMABAD: Pakistan recorded gross domestic product (GDP) growth of 2.38 percent, up from envisaged target of 2 percent as Finance Minister Muhammad Aurangzeb unveiled Economic Survey of Pakistan 2023-24. Addressing presser at launching ceremony of E...
High-powered team from China to soon visit Pakistan: PM Shehbaz
Islamabad: Prime Minister Shehbaz Sharif said that high-powered delegation from China will soon visit Pakistan. Addressing Cabinet meeting here, he said his visit to China ended on “Positive note”. “During conversation with Chinese...
KSE-100 dips 501pts on profit taking
Karachi: Benchmark KSE-100 index lost 501.46 points. KSE-100 started session with some buying and hit an intra-day high of 73,915.45. However, cautious investors resorted to profit-taking in latter hours and pushed index into negative territory. At...
Gold price holds steady
Karachi: Gold price remained unchanged as yellow metal held steady in international market. In local market, gold price per tola stood at Rs 239,400, while 10-gram gold was available at Rs 205,247, according to rates shared by All Pakistan Gems and J...
Govt grants conditional permission for sugar export
ISLAMABAD: Minister for industries and production Rana Tanveer Hussain said that government has granted conditional permission for sugar export. Chairing session of Sugar Advisory Board, government and Pakistan Sugar Mills Association signed an agre...
Budget will aim to set stage for IMF bailout
ISLAMABAD: Pakistan’s coalition government is expected to lay out ambitious fiscal targets in 2024-2025 (July-June) budget on Wednesday that will help strengthen its case for new bailout deal with International Monetary Fund, officials and anal...
Sindh Minister Energy attends meeting on legislation of SEPRA
KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah said that SEPRA will be fully authorised of power generation-distribution and transmission and will be first autonomous organisation in Sindh, making its own decisions as compared to NEPRA. In me...
