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Web Desk
Jun 04, 2024

Stock market fluctuates amidst expectations of growth

On Monday, after opening at 75,878.48 points, the benchmark KSE-100 index dropped to 75,575.26 points by the day end, marking a decline of 303.22 points, or 0.4 per cent.

Business

Web Desk
Jun 04, 2024

Government decides against taxing pensions in FY25 budget

The government directed tax authorities to explore alternative revenue measures to prevent taxing pensioners.

Business

Web Desk
Jun 04, 2024

Global oil market witnesses 4 per cent price drop

Business

Web Desk
Jun 03, 2024

Pakistan’s trade deficit shrinks by over 15 per cent

Pakistan’s trade deficit for the first eleven months of the fiscal year 2023-24 has significantly reduced by 15.2 per cent year-on-year, amounting to $21.73 billion, according to the latest data from the Pakistan Bureau of Statistics (PBS).

Business

Web Desk
Jun 03, 2024

Digitising tax system crucial for transparent collection: FinMin

Finance Minister highlighted the importance of digitizing the tax system as a crucial step towards modernising tax collection.

Business

Web Desk
Jun 03, 2024

Gold prices remain unchanged in Pakistan

On the first trading day of the week, the price of gold in Pakistan remained stable, with 24-karat gold being sold at Rs240,300 per tola.

Business

Web Desk
Jun 03, 2024

PSX closes lower after crossing 76,000 mark

The Pakistan Stock Exchange (PSX) witnessed significant selling pressure on Monday, causing the benchmark KSE-100 index to fall after briefly crossing the 76,000 mark during the day.

Business

Web Desk
Jun 03, 2024

Interbank closing: PKR sheds 3.73 paisa against USD

On the first trading day of the week, the Pakistani rupee (PKR) depreciated slightly against the US dollar (USD).

Business

Web Desk
Jun 03, 2024

Pakistan’s headline inflation drops to lowest level since November 2021

Pakistan’s headline inflation rate fell to 11.8 per cent year-on-year in May, a significant decrease from April’s 17.3 per cent, according to the Pakistan Bureau of Statistics (PBS).

Business

Web Desk
Jun 03, 2024

Punjab budget proposes 20pc salary raise, 15pc pension increase

According to media reports, the Punjab Budget 2024-25 will be presented on June 12. The Finance Department has already sent the budget summary to the law department.