Gold price hits Rs275,500 per tola
KARACHI: Gold price maintained upward trajectory on Wednesday in line with their increase in international rates. In local market, price of gold per tola was up by Rs 2,500, clocking in at Rs 275,500 per tola, which is latest record high in Pak...
KSE-100 gains 764pts on banks, oil scrips
KSE 100 Index, benchmark index of Pakistan Stock Exchange (PSX), concluded trading session at 82,331.85 points, marking significant increase of 764.27 points or 0.94 percent. Index experienced high of 82,331.85 points and low of 81,524.41 points dur...
KCCI seeks extension in last date for filing Income Tax Returns
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has requested the Federal Board of Revenue (FBR) to extend the last date for filing Income tax Returns by one month till October 31, 2024, so that maximum numb...
IMF-backed reform agenda to accelerate Pakistan's economic growth in FY25: ADB
KARACHI: Reform agenda agreed under International Monetary Fund (IMF) 37-month Extended Fund Facility (EFF) is likely to accelerate growth in Pakistan, said Asian Development Bank (ADB). As per Asian Development Outlook report for September, growth...
Emirates commits support to Asia Rugby to broaden reach and appeal of sport in 36 countries
KARACHI: Emirates has announced a new multi-year partnership as the Title Sponsor of Asia Rugby, furthering its commitment to growing the sport in untapped markets across Asia. The partnership will enable Asia Rugby to stage various 7s and 15s tourna...
KSE-100 closes 367 points lower
KARACHI: Selling pressure was seen at Pakistan Stock Exchange (PSX) on Tuesday, as benchmark KSE-100 Index closed lower by 367 points. KSE-100 started session positive, hitting an intra-day high of 82,010.10. However, selling pressure dominated...
FinMin sees foreign investors' morale high
LAHORE: Finance Minister Muhammad Aurangzeb asserted that morale of foreign investors was getting high. Addressing seminar via video link here, Aurangzeb said: "Foreign investment in country is witnessing an increase. Policy rate is getting decrea...
'Developing states' enhanced representation in int'l financial institutions vital'
UNITED NATIONS: Pakistan has called for ensuring global economic equity by improving representation of developing countries in international financial institutions. Speaking at Summit of Future on its second and concluding day, Defence Minister Khawa...
National Savings Schemes profit rates slashed
KARACHI: Ministry of Finance has confirmed decrease in profit rates for various National Savings Schemes, effective from September 25, 2024. According to reports reaching here, this change will impact many investors and savers across country. Accordi...
KSE-100 loses 224pts on profit taking in oil, gas scrips
KARACHI: Pakistan Stock Exchange's benchmark KSE-100 Index witnessed some profit-taking on Monday and closed day below 82,000 after losing 224 points. KSE-100 Index started session with some buying, hitting an 82,463.05. However, profit-taking in lat...
