Business

Pakistan, Saudi Arabia pledge to enhance economic cooperation

ISLAMABAD: Pakistan and Saudi Arabia have once again reaffirmed their commitment to enhancing bilateral economic ties, aiming for mutual prosperity and growth. This reaffirmation of cooperation took place when Pakistan's Finance Minister Muhammad Aur...

Visa, Meezan Bank launch Pakistan's first student debit card

KARACHI: Visa (NYSE: V), a world leader in digital payments, today announced a partnership with Meezan Bank, the country's leading Islamic bank, to unveil a unique proposition designed to empower the digitization journey of Pakistan's student populat...

KSE-100 closes nearly 1,600 points lower

KARACHI: The Pakistan Stock Exchange (PSX) endured its second consecutive negative session on Wednesday, with the benchmark KSE-100 Index falling nearly 1,600 points, closing at 113,443.43. The index declined by 1,598.82 points or 1.39%, as late-ses...

Aleem Khan calls for raising Pakistan Post revenue target to Rs14bln

ISLAMABAD: Federal Minister for Communications, Privatization, and Board of Investment, Abdul Aleem Khan, has tasked Pakistan Post with increasing its revenue to Rs14 billion by June 30. Speaking at a review meeting, Aleem Khan emphasized the need t...

Rupee remains largely stable against USD

KARACHI: The Pakistani rupee remained largely stable against the US dollar on Wednesday, depreciating slightly by 0.01% in the inter-bank market. The currency closed at 278.85, a loss of Re0.03 compared to the previous session's rate of 278.82, accor...

Aurangzeb asserts Pakistan is 'on the right path' at WEF

DAWAS: Pakistan's Finance Minister Muhammad Aurangzeb expressed optimism about the country's economic trajectory during a panel discussion at the World Economic Forum (WEF) in Davos, emphasizing the government's efforts to address fiscal challenges....

Ministries directed to align objectives with Uraan Pakistan

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, has instructed all ministries to align their objectives with the "Uraan Pakistan" initiative and designate senior focal persons to ensure consistent coordina...

FPCCI ruling group destroying trade & industry in the country

KARACHI: Mian Anjum Nisar, former president FPCCI and Chairman Businessmen Panel (BMP) Pakistan disclosed that Lahore Chamber election was most critical and sensitive venture where all the opponents gathered to defeat us but by the grace of Allah alm...

KSE-100 loses over 800 points

KARACHI: The Pakistan Stock Exchange (PSX) experienced a volatile session on Tuesday, with the benchmark KSE-100 Index losing over 800 points. The market began on a positive note, pushing the index to an intra-day high of 116,424.85. However, selling...

FBR shares plan with IMF to bridge revenue shortfall

ISLAMABAD: The Federal Board of Revenue (FBR) has outlined a comprehensive plan to the International Monetary Fund (IMF) to tackle the revenue shortfall that has been a persistent issue. According to sources, the FBR aims to improve several key area...

NC Big Stories

Bilawal stresses need to overcome national divisions for consensus

LAHORE: Pakistan People's Party (PPP) Chairman Bilawal Bhutto-Zardari has said that deep-rooted divisions in the country remain the biggest obstacle to achieving consensus. During a meeting with party officials, senior PPP leaders  Sajjad-ul-Has...

CM Murad, Italian CG discuss investment, trade relations

KARACHI: Sindh Chief Minister (CM) Murad Ali Shah and the newly appointed Consul General of Italy Fabrizio agreed to further coordinate their efforts to facilitate investment in Sindh. In a meeting held here at CM House yesterday, the CM Sindh and It...

MQM-P leader writes to CJP over alarming rise in traffic fatalities

KARACHI: Muttahida Qaumi Movement Pakistan (MQM-P) leader and Deputy Parliamentary Leader in the Sindh Assembly, Taha Ahmed Khan, has written a letter to the Chief Justice of Pakistan, urging him to take suo motu notice of the rising number of deadly...

ECP disqualifies 24 ex-lawmakers

ISLAMABAD: The Election Commission of Pakistan (ECP) has disqualified 24 former members of the National and Provincial Assemblies for failing to submit their asset and liability declarations for the fiscal year 2022-2023, yesterday. According to an o...
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