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Business

Web Desk
Jan 18, 2024

Pakistan’s petroleum product production surges by 6.49%

The latest data released by the Pakistan Bureau of Statistics (PBS) indicates a significant uptick in the production of petroleum products.

Business

Web Desk
Jan 16, 2024

Pakistan’s big industries witness 3.63% surge in production

In a recent report released by the Pakistan Bureau of Statistics (PBS), the country’s Large Scale Manufacturing Industries (LSMI) experienced a notable upswing in production, marking a 3.63 per cent month-on-month (MoM) increase.

Pakistan

Web Desk
Jan 13, 2024

SPI soars: Pakistanis face third week of rising weekly inflation

In economic developments, Pakistan’s weekly inflation has marked a persistent uptrend, rising for the third consecutive week.

Business

Web Desk
Jan 06, 2024

Federal govt’s debt rises by 1.5%, surpassing Rs63 trillion

In November 2023, the overall debt burden of the federal government, encompassing both domestic and external obligations.

Business

Web Desk
Jan 05, 2024

SBP reports highest forex reserves since July 2023

In a weekly update, the State Bank of Pakistan (SBP) reported a notable surge in foreign exchange reserves, revealing an increase of $464 million, reaching $8.2 billion as of December 29.

Business

Web Desk
Dec 28, 2023

Pakistan’s seafood exports drop by 12.87%

Pakistan’s fish and fish preparations export sector recorded a revenue of $161.896 million, shipping 72,515 metric tonnes.

Business

Web Desk
Dec 16, 2023

24-karat gold price in Pakistan drops by Rs1,800 per tola

In a noteworthy development, the price of gold in Pakistan experienced a substantial downturn, marking a notable trend in the precious metal market.

Business

Web Desk
Dec 11, 2023

Pakistan’s stock market closes with loss of over 200 points

PSX saw an intense fluctuation on Monday, with a range of 1,435 points, or from 66,564.04 (+340.41) to 65,129.00 (-1,094.63) points.

Business

Web Desk
Dec 08, 2023

PSX hits new record high, surges 2.33% to reach 66,223.63

The Pakistan Stock Exchange (PSX) continued its upward trajectory, marking a new milestone as the benchmark KSE-100 index surged on Friday.

Business

Web Desk
Dec 07, 2023

SBP reserves witness weekly dip of $236.8 million

The State Bank of Pakistan (SBP) witnessed a decline in foreign exchange reserves, dropping by $236.8 million, or 3.26 per cent, week over week (WoW), to reach $7.02 billion by the week ending on December 1, 2023.