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Web Desk
Feb 13, 2024

Interbank closing: Pakistani rupee gains 1.29 paisa

In Tuesday’s interbank session, the Pakistani rupee (PKR) showcased resilience, appreciating by 1.29 paisa against the US dollar.

Business

Web Desk
Feb 13, 2024

Stock market plunges again; investors brace for impact

The stock market opened at 61,065.31 points today, and quickly fell down to 59,917.08 points, with the energy sector leading the decline.

Business

Web Desk
Feb 12, 2024

SBP data reveals over 27% surge in central govt debt

The latest data released by the State Bank of Pakistan (SBP) reveals a notable increase in the central government’s total debt.

Business

Web Desk
Feb 12, 2024

Overseas workers’ remittances rise by 26% YoY to $2.4 billion

In January 2024, the influx of remittances from overseas workers reached $2.4 billion, marking a 1 per cent increase.

Business

Web Desk
Feb 12, 2024

LESCO recovers over Rs8 million from defaulters

Lahore Electric Supply Company, in collaboration with Tehsildars (Recovery), successfully retrieved over Rs8 million from 446 defaulters.

Business

Web Desk
Feb 12, 2024

Last tranche: IMF to negotiate only with the new government

The IMF delegation has reportedly disinclined to negotiate with the caretaker government, preferring to engage with the incoming elected government.

Business

Web Desk
Feb 12, 2024

Stock Market plummets 1,405 points following election day

Today (Monday), the index opened at 62,943.74 points. By 2 PM, the benchmark KSE-100 index had fallen to 61,133.92 points.

Business

Web Desk
Feb 10, 2024

Nawaz Sharif should accept defeat: JUI-F leader

Mufti Kifayatullah said that there were no unfair practices in the constituency and Shahzada Gustashap won fair and sqaure.

Business

Web Desk
Feb 10, 2024

Political uncertainty triggers a significant drop in Pakistan’s dollar bonds

Pakistan’s dollar bonds due in 2051 experienced a significant decline, marking the most substantial decrease since July 2023.

Business

Web Desk
Feb 10, 2024

SBP reports $173 million weekly dip in forex reserves

SBP reported a decline of $173 million in its foreign exchange reserves over the course of the week, reaching $8.04 billion as of February 2.

Interbank closing: Pakistani rupee gains 1.29 paisa

Stock market plunges again; investors brace for impact

SBP data reveals over 27% surge in central govt debt

Overseas workers’ remittances rise by 26% YoY to $2.4 billion

LESCO recovers over Rs8 million from defaulters

Last tranche: IMF to negotiate only with the new government

Stock Market plummets 1,405 points following election day

Nawaz Sharif should accept defeat: JUI-F leader

Political uncertainty triggers a significant drop in Pakistan’s dollar bonds

SBP reports $173 million weekly dip in forex reserves

No sanctions relief for Iran while strait of hormuz remains blocked, declares France

Pakistan Navy highlights joint defence strategy during India conflict

CTD kills nine militants in KP operations

Syed Noor says casting TikToker Jannat Mirza was a disaster

German intelligence warns of Iran hybrid attacks, Merz downplays risk

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