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Web Desk
Jul 18, 2024

PSX closes at new record high with 684-point gain

The Pakistan Stock Exchange (PSX) saw a significant boost, with the benchmark KSE-100 Index surging by 684.26 points, or 0.84 per cent.

Business

Web Desk
Jul 18, 2024

Interbank closing: PKR sheds 6.41 paisa against USD

In Thursday’s interbank session, the Pakistani rupee (PKR) depreciated by 6.41 paisa against the US dollar (USD), closing at PKR 278.17 per USD compared to the previous session’s closing of PKR 278.11. The currency experienced an intraday high bid of 278.40 and a low ask of 278.10.

Business

Web Desk
Jul 18, 2024

Gold prices in Pakistan hit record high of Rs 254,400 per tola

The 10-gram gold was sold at Rs217,764 after it registered an increase of Rs4,287, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Business

Web Desk
Jul 18, 2024

PSX reaches all time high, crosses 81,500 points

The bullish trend has shown a remarkable increase, propelling the KSE-100 Index up by 600 points to a new high of 81,700 points.

Business

Web Desk
Jul 18, 2024

Mukesh Ambani tops Asia’s richest list again

The list, released by Forbes places Indian industrialist Gautam Adani in second place with a net worth of $85.7 billion.

Business

Zahid Gishkori Web Desk
Jul 16, 2024

Minister calls for immediate accountability of tax-evading MPs

Ali Pervaiz Malik says tax authorities should first catch tax evasion by parliamentarians and the wealthy class

Business

Web Desk
Jul 16, 2024

IMF agreement enhances Pakistan’s funding outlook: Moody’s

Moody’s highlighted that the government’s ability to maintain reform implementation will be pivotal in ensuring continued access to financing over the duration of the IMF programme.

Business

Web Desk
Jul 16, 2024

Nearly 300,000 farmers registered for Kissan Card

Iftikhar Ali said that complete record regarding registration of 121,000 farmers has been provided to the Bank of Punjab, adding that the manufacturing of 250,000 Kissan card is under way, he added.

Business

DW
Jul 16, 2024

Will China ever overtake the US economy?

“China’s urbanisation rate is only 65 per cent. If calculated at 80 per cent in the future, it means that another 200 to 300 million people will enter urban areas, which will generate a huge increase in the real economy,” he said.