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Web Desk
Mar 01, 2024

Weekly inflation increases 1.27%

The Weekly Sensitive Price Indicator (SPI) for the Combined Group exhibited a notable uptick, rising by 1.27 per cent week on week (WoW) for the period ending February 29, 2024.

Business

Web Desk
Mar 01, 2024

Pakistani rupee ends week at Rs279.19 versus US dollar

The Pakistani rupee (PKR) demonstrated strength by gaining approximately 17 paisa against the US dollar (USD) this week.

Business

Web Desk Web Desk
Mar 01, 2024

PSDF and NAVTTC join forces to empower youth nationwide

Business

Web Desk
Mar 01, 2024

Stock market remains bullish with moderate gains

Except sporadic downturns in the past fortnight, the index has been staying positive. This week, since Monday, the benchmark KSE-100 index had been posting moderate but consistent gains.

Business

Web Desk Reuters
Mar 01, 2024

G20 finance chiefs fail to reach joint statement amid Gaza, Ukraine debate

Brazilian Finance Minister Fernando Haddad told journalists that a lack of consensus among G20 foreign ministers the week before had “contaminated” talks on the financial track, spoiling efforts to reach a joint statement.

Business

Web Desk
Feb 29, 2024

Petrol price increased by Rs4.13 per litre, diesel rate maintained

The government has announced an increase of Rs4 per litre in the petrol price for the upcoming two weeks of March 2024.

Business

Web Desk
Feb 29, 2024

SBP’s forex reserves dip by over $63 million

In the week concluding on February 23, 2024, the State Bank of Pakistan (SBP) experienced a decrease of $63.2 million in its foreign exchange reserves, reflecting a 0.79 per cent decline.

Business

Web Desk
Feb 29, 2024

Gold rate jumps by Rs900 per tola

The price of gold per tola has surged by Rs900, reaching Rs215,700 on Thursday, as reported by the All Sindh Sarafa Jewellers Association.

Business

Web Desk
Feb 29, 2024

PSX sees positive closure, gains 1.37%

The KSE-100 index closed the Thursday trading session at an impressive 64,578.52, marking an increase of 875.07 points, or 1.37 per cent.

Business

Web Desk
Feb 29, 2024

Interbank closing: PKR gains one paisa against USD

Pakistani rupee (PKR) demonstrated stability against the US dollar in the inter-bank market, closing at Rs279.11, marking a marginal gain of one paisa.