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Web Desk
Sep 17, 2024

Asian shares rise as dollar, yields decline on expected larger Fed rate cut

Asian stock markets saw gains on Tuesday, while the dollar and US Treasury yields faced pressure. This comes just a day before the anticipated start of the Federal Reserve’s easing cycle, which could involve a significant rate cut.

Business

Web Desk
Sep 17, 2024

Textile exports rise by 5.37 per cent in first two months of FY25

Textile exports in Pakistan saw a 5.37 per cent rise in the first two months of the 2024-25 financial year compared to the same period last year, according to the Pakistan Bureau of Statistics (PBS).

Business

Web Desk
Sep 17, 2024

Weekly borrowing update: Govt acquires Rs106.78 billion for budgetary support

The government of Pakistan took on an additional debt of Rs106.78 billion in the week ending September 6, 2024, bringing the total borrowing for the ongoing fiscal year 2025 to Rs600.74 billion, according to data from the central bank.

Business

Web Desk
Sep 17, 2024

Pakistan’s big industries output drops over 2 per cent MoM

The output of Pakistan’s Large Scale Manufacturing (LSM) sector dropped by 2.08 per cent in July 2024 compared to June 2024.

Business

Web Desk
Sep 16, 2024

Gunvor Group, Total Energies weigh in on potential investment in Pakistan’s petroleum sector

Shehbaz Sharif says after attaining stability, country’s economy now moving on path of growth and development

Business

Web Desk
Sep 16, 2024

Gold price breaks record again, now at Rs268,000 per tola

The price of gold in Pakistan kept rising on Monday, following the trend of increasing international rates.

Business

Web Desk
Sep 16, 2024

Intraday trading: PKR up by 16 paisa against USD

In the morning, the Pakistani rupee (PKR) was valued at 278, marking a gain of Re0.16 against the greenback.

Business

Web Desk
Sep 16, 2024

Oil companies encouraged to increase number of fuel stations in Balochistan

Federal Minister Jam Kamal Khan has encouraged oil companies to establish two to three fuel stations in each district of Balochistan.

Business

Web Desk Karachi
Sep 16, 2024

Saving schemes profit rates revised by the government

Business

Web Desk Karachi
Sep 16, 2024

Pakistan’s first EV to launch in December

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