Business
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MEFPs from IMF received by Pakistan: Miftah
Finance Minister Miftah Ismail took to Twitter to announce on Tuesday that the country had received "an MEFP from the...
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IMF could lend $2bn to Pakistan, reveals PM Shehbaz
Prime Minister Shehbaz Sharif has revealed that the International Monetary Funds (IMF) could lend Pakistan $2 billion. However, the prime...
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PSX shows recovery; up by over 600 points
KARACHI: Amid the expectations of the International Monetary Funds releasing the much-needed $1 billion tranche soon, the Pakistan Stock Exchange's...
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Chinese $2.3b loan credited, announces Miftah
While the economic crisis looming over Pakistan is far from over, the economic experts and the people can rest easy...
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Outcry from business class on super-tax; PSX crashes by 2,055 points
KARACHI: Right after Prime Minister Shehbaz Sharif’s announcement to apply a 10 per cent super-tax on major industries, the benchmark...
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PM Shehbaz imposes Super-Tax on multiple sectors
Islamabad: A super-tax of 10 per cent has been imposed by Prime Minister Shehbaz Sharif on industries and large-scale manufacturers....
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Foreign exchange reserves of Pakistan down by $748 million
KARACHI: State Bank of Pakistan’s (SBP) foreign exchange reserves have dropped to $8.24 billion, after recording a decline of $748...
Read moreLoan approval from Chinese banks; Rupee gains Rs3.94 in interbank market
KARACHI: After the Chinese banks approved a loan of $2.3 billion, the local currency showed good progress during the intraday...
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IMF agrees to release $1 billion tranche; Rupee shows slow progress
ISLAMABAD: After a long wait, the International Monetary Fund (IMF) has agreed to release the $1 billion tranche. Finance Ministry...
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Dollar reaches new highs of Rs212
KARACHI: On the back of Pakistan staring directly at a default, the greenback is pushing the local currency to a...
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PTI suspends Islamabad protest following deadly clashes, appeals for justice
The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of intense clashes in...
KSE-100 Index surges over 600 points amid banking sector rally
Bullish sentiment dominated the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index climbed 621.85 points, or 0.64 per...
PSX soars over 800 points, hits historic 96,700 milestone amid retail-driven surge
The Pakistan Stock Exchange (PSX) continued its bullish momentum on Wednesday, with the benchmark KSE-100 index climbing 847.17 points (0.88...
Karachi administration enforces ban on public gatherings amid IDEAS 2024
The Karachi administration has imposed a seven-day ban on all forms of public gatherings within the city, coinciding with the...
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