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Web Desk
Dec 20, 2023

Profit on National Saving schemes reduced

The revision in the rates of the savings scheme came after the announcement of the Monetary policy which is kept unchanged.

Business

Web Desk
Dec 20, 2023

Private sector loans show modest rise in November

The total volume of loans provided to the private sector during the month reached Rs 8,191 billion, marking a 1.1 percent increase from the October figure of Rs 8,100 billion.

Business

Web Desk
Dec 20, 2023

WB okays $350 million financing to bolster Pakistan’s fiscal reforms

The operation also aims to foster growth and competitiveness by reducing the cost of tax compliance, improving financial sector transparency, encouraging the use of digital payments, and promoting exports by lowering import tariffs.

Business

Web Desk
Dec 20, 2023

Pakistan Stock Exchange plummets over 1,000 points, again!

Market analysts anticipated this correction, and investor attention is now focused on the upcoming IMF Executive Board meeting scheduled for January 11, 2024.

Business

Web Desk
Dec 19, 2023

Pakistan’s IT sector records 11.66% growth in November exports

Government policy measures in Pakistan are reaping rewards for the information technology (IT) sector, witnessing an 11.66 per cent year-over-year (YoY) surge in service exports, totaling $259 million in November.

Business

Web Desk
Dec 19, 2023

Fake Rs5,000 banknotes flood Pakistani markets

According to details, even officials of the State Bank of Pakistan (SBP) failed to recognise the fake Rs5,000 banknotes.

Business

Web Desk
Dec 19, 2023

Soaring sugar prices worsen inflation woes for Pakistanis

In a concerning development, sugar prices in Pakistan have surged to Rs143 per kg in retail markets nationwide, exacerbating the financial strain on the already inflation-hit masses.

Business

Web Desk
Dec 19, 2023

Pakistan dispatches first consignment of dried chillies to China

In a groundbreaking collaboration between Pakistan and China within the agricultural sector, the first shipment of dried chillies has been successfully dispatched to China, marking a significant milestone in bilateral trade relations.

Business

Web Desk
Dec 19, 2023

24-karat gold price in Pakistan increases to Rs217,600 per tola

Gold prices in Pakistan maintained their upward trajectory on Tuesday, December 19, witnessing a rise of Rs400 per tola for 24-karat gold, settling at Rs217,600 by the end of the session.

Business

Web Desk
Dec 19, 2023

PSX sees major downturn: KSE-100 plummets by 3.64%

In Tuesday’s trading session, the benchmark KSE-100 at the Pakistan Stock Exchange (PSX) experienced a significant setback, recording a loss of almost 4 per cent.