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Web Desk
Oct 03, 2024

Intraday trading: Pakistani rupee up by four paisa against US dollar

The Pakistani rupee (PKR) remained mostly stable against the US dollar (USD) on Thursday, appreciating by 0.01 per cent during early trading in the interbank market.

Business

Web Desk
Oct 03, 2024

Intraday update: PSX gains over 600 points

After yesterday’s growth, analysts attributed the gains to lower inflation, a stabilised rupee, and declining global commodity prices.

Business

Web Desk
Oct 03, 2024

Telecos raise competition concerns over PTCL’s takeover of Telenor

The merger could allow PTCL to monopolise LDI services, such as the recent shift of Ufone’s LDI service from Wateen in Balochistan.

Business

Web Desk
Oct 03, 2024

Declining inflation, rupee stability offer strength to stock market

The positive trend continued into Thursday morning, with the index hovering around 82,133.28 points at 10 AM, showing 166.28 points gains.

Business

Web Desk
Oct 03, 2024

Over 20 million mobile phones assembled in Pakistan in eight months

The local manufacturing and assembling of mobile handsets in Pakistan has significantly outpaced imports during the first eight months of 2024, highlighting a shift towards domestic production capabilities.

Business

Web Desk
Oct 03, 2024

Pakistan’s exports rise 13.52 per cent in September

The consistent growth in exports is indicative of a strengthening trade position, as the country seeks to improve its presence in international markets.

Business

Web Desk
Oct 03, 2024

SBP governor announces launch of country’s “first digital bank”

The imitative will involve the establishment of five digital banks, which have received in-principle approval from the central bank.

Business

Web Desk
Oct 02, 2024

Gold price climbs to Rs275,500 per tola after latest surge

The price of gold in Pakistan rose by Rs600 per tola on Wednesday, reaching Rs275,500 per tola, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Business

Web Desk
Oct 02, 2024

Privatisation of PIA, Discos to be completed before 2024 end: Aurangzeb

Aurangzeb announced that the government aims to complete the privatisation of Pakistan International Airlines (PIA) by the end of this year.

Business

Web Desk
Oct 02, 2024

Pakistan’s petroleum sales surge 20 per cent in September amid price cuts

Pakistan’s total petroleum product sales surged to 1.27 million tonnes in September, marking a 20 per cent increase compared to the same month last year.