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Shahzad Paracha
Feb 15, 2024

PTEA advocates for zero-rated GST on electricity for export industries

PTEA has urged the government for timely refund disbursements and the implementation of zero-rated GST on energy bills for export industries.

Business

Web Desk
Feb 15, 2024

Pakistan’s large scale manufacturing grows 15.69%

Pakistan’s Large Scale Manufacturing Industries (LSMI) demonstrated a notable surge of 15.69 per cent in production during December 2023.

Business

Web Desk
Feb 15, 2024

Interbank closing: Pakistani rupee loses 6.31 paisa against US dollar

In the latest interbank session, the PKR witnessed a slight depreciation of 6.31 paisa against the US dollar, settling at PKR 279.38.

Business

Web Desk
Feb 15, 2024

PSX ends in red, shedding over 1,100 points

In a tumultuous trading session, the benchmark KSE-100 index witnessed a significant decline of 1,134 points, closing at 61,020, marking its lowest level in almost two months.

Business

Web Desk
Feb 15, 2024

Moody’s downgrades Pak’s credit outlook amid political uncertainty

The future trajectory of Pakistan’s economy and financial markets will likely be heavily influenced by the resolution of political uncertainties and the successful negotiation of a new IMF programme.

Business

Web Desk
Feb 15, 2024

Stock Market fluctuates after a day of recovery

By 11 AM, the index had turned its movement upwards again. At half past 11, the index was still 116 points lower than opening level of 62,037.22 points.