In a significant address at a pre-budget conference held in Lahore, Finance Minister Muhammad Aurangzeb unequivocally stated that there are no entities classified as "strategic" state-owned enterprises (SOEs), underlining the...
PAKISTAN BUSINESS NEWS BULLISH MOMENTUM RESUMES IN PAKISTAN STOCK MARKET Pakistan's stock market resumed its bullish momentum this week, with the benchmark KSE-100 index closing at 73,086, marking a gain...
In a significant development, PTI leader Omar Ayub announced on Thursday the removal of party leader Sher Afzal Marwat from the party’s core and political committees. This decision came following...
The benchmark KSE-100 index concluded Thursday's trading session at 72,658.05, marking a modest increase of 56.24 points or 0.08%. Throughout the session, the index traversed a range of 564.44 points,...
In Thursday's interbank session, the Pakistani rupee (PKR) experienced a slight depreciation of 10 paisas against the US dollar, settling at PKR 278.2 per USD, compared to the previous session's...
During the week ending May 3, 2024, the foreign exchange reserves held by the State Bank of Pakistan (SBP) witnessed a substantial increase, climbing by $1.1 billion or 13.92% compared...
Gold prices in Pakistan maintained stability on Thursday, marking no change following two consecutive sessions of decline. The price for 24-karat gold stood firm at Rs239,200 per tola. In the...
On Wednesday, the National Electric Power Regulatory Authority (Nepra) authorized ex-Wapda distribution companies (XWDiscos) to implement a Rs2.83 per unit charge in consumers’ electricity bills for May. This adjustment is...
The benchmark KSE-100 index concluded Wednesday's trading session at 72,601.82, marking a slight decrease of 159.38 points or 0.22%. Throughout the trading day, the index navigated a range of 720.99...
In Wednesday's interbank session, the Pakistani rupee (PKR) demonstrated resilience, appreciating by approximately 2 paisa against the US dollar. The currency settled at PKR 278.1 per USD, compared to the...
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