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Technology

Web Desk
Jun 11, 2024

Apple’s stock price hits record high following AI suite unveiling

Apple’s stock price has surpassed the $200 mark, setting a new all-time high during intraday trading on Tuesday.

Business

Anusha Zahid
Mar 23, 2024

Will the $1.1 billion IMF payout steer Pakistan’s economy out of the woods?

Boosting country’s exports, overhauling tax system, privatisation, debt sustainability, remain some of the most pressing challenges for the new Finance minister

Business

Web Desk
Mar 12, 2024

NBP official discovers misprinted Rs1,000 banknotes with blank sides

A branch of the National Bank of Pakistan (NBP) has reported a concerning incident involving misprinted currency notes of Rs1,000.

Business

Web Desk
Mar 05, 2024

Govt borrowing update: debt increases by Rs135.46 billion in one week

In the latest financial update, the government of Pakistan has added Rs135.46 billion to its debt during the week ending February 23, 2024.

Business

Web Desk
Feb 26, 2024

Banks see 21% increase in overall deposits, surpassing Rs27 trillion

The total deposits held by scheduled banks in Pakistan witnessed a surge of 21.03 per cent, reaching Rs27.54 trillion.

Business

Web Desk
Feb 22, 2024

Profit rates reduced for National Savings Schemes

The caretaker government has taken measures to adjust the interest rates on various national savings schemes.

Business

Web Desk
Feb 22, 2024

Pakistan’s debt payments hit $7.3 billion

Pakistan has revealed its debt and interest payment figures for 1HFY24, indicating significant financial obligations.

Business

Web Desk
Feb 13, 2024

LESCO holds meeting to address overbilling issues

In a pivotal gathering at Lesco Headquarters, Lahore Electric Supply Company (LESCO) CEO Engineer Shahid Haider orchestrated a comprehensive strategy to tackle overbilling concerns. The meeting, attended by top functional heads, aimed to address the persistent issue.

Business

Web Desk
Dec 29, 2023

PIA in trouble again; Finance Ministry hesitant to assist

The Ministry of Aviation has now engaged the Finance Ministry in a last-ditch effort to relax prudential regulation PR-8, particularly concerning commercial banks.

Pakistan

Web Desk
Dec 24, 2023

Rs16.8 billion approved to address water-related issues in Karachi

Sindh’s caretaker Chief Minister (CM), Justice (retd) Maqbool Baqar, has greenlit a substantial investment of Rs16.8 billion for development initiatives in Karachi.