Business
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Pak-Qatar Asset Management Company Limited announces dividend of PKR 1.7952 per unit for its Pak-Qatar Monthly Income Plan
Pak-Qatar Asset Management Company Limited (PQAMC) is a leading dedicated Islamic Asset Management Company in Pakistan, and part of Pak-Qatar...
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Pakistan’s inflation hits near three-year low at 11.09pc in July
Pakistan's headline inflation rate fell to 11.09 per cent in July 2024, the lowest since October 2021, according to the...
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Electricity prices set to rise by Rs2.63 per unit
Pakistani consumers may soon face higher electricity bills as the Central Power Purchasing Agency (CPPA) has proposed an increase of...
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Significant drop in petroleum prices expected in Pakistan
Pakistan is poised to benefit from a substantial reduction in petroleum product prices, following a notable decline in global crude...
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State Bank of Pakistan cuts interest rate by 100 BPS to 19.5pc
On Monday, the State Bank of Pakistan (SBP) announced a decision to cut the interest rate by 100 basis points,...
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PSX rallies over 700 points amid anticipation of SBP monetary policy decision
The Pakistan Stock Exchange (PSX) experienced a significant surge on Monday as the benchmark KSE-100 index climbed by 732.19 points,...
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Pakistan seeks debt reprofiling and IMF support amid economic challenges
Pakistan has initiated efforts to reprofile over $27 billion in debt and liabilities from China, Saudi Arabia, and the UAE....
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Govt reverses policy on passport issuance for Pakistani asylum seekers
The government announced on Monday the reversal of its previous decision to suspend the issuance of passports to Pakistani nationals...
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PSX opens week with sharp decline amid bearish sentiment
The trading week commenced with a significant downturn for the Pakistan Stock Exchange (PSX), as the KSE-100 Index experienced a...
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Govt eliminates capacity payments for small hydropower projects to reduce consumer costs
In a significant move aimed at easing the financial burden on electricity consumers, the government announced the elimination of 'capacity...
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Young trader killed during robbery bid in Karachi
A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, according...
PSX soars over 1,200 points amid optimism on inflation and interest rate cuts
The Pakistan Stock Exchange (PSX) maintained its bullish momentum on Monday as the benchmark KSE-100 index surged 1,248.84 points, or...
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...
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