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Business

Web Desk
Apr 09, 2025

PSX turns red once again

The international mineral conference in Islamabad is also boosting some confidence in the PSX, especially with potential FDI in Pakistan.

Pakistan

Web Desk
Aug 03, 2024

Chairman NEPRA admits mistakes in IPP pricing

The chairman admitted that paying IPP plant companies in dollars as incentives was a mistake.

Business

Web Desk
Jul 29, 2024

PSX opens amidst policy rate cut expectations

In less than an hour after opening, the index posted over 400 points gains, reversing the losses from Friday.

Business

Web Desk
May 18, 2024

Pakistan records $358.84 million FDI inflow in April

Foreign Direct Investment (FDI) into Pakistan experienced a remarkable surge, marking a substantial increase of 172 per cent in April 2024 compared to the corresponding period in the previous fiscal year.

Business

Web Desk
Mar 04, 2024

Bitcoin surges to two-year high, nears record levels

Bitcoin soared to a two-year high, surpassing the $65,000 mark, propelled by a surge in investments that brought it tantalisingly close to its previous record levels.

Business

Web Desk
Feb 16, 2024

PAMA calls for reversal of 25% sales tax hike on locally manufactured cars

PAMA has urged the Caretaker Finance Minister to withdraw the 25 per cent sales tax increase on locally manufactured vehicles.

Business

Web Desk
Feb 13, 2024

Stock market rebounds: KSE-100 closes 2.7% stronger after recent setback

Pakistan Stock Exchange (PSX) staged a robust recovery, concluding the session on a positive note following a two-day downturn.

Business

Web Desk
Feb 09, 2024

S&P considers upgrading Pakistan’s credit rating

S&P Global Ratings, a renowned credit rating agency, has suggested the potential upgrading of Pakistan’s credit rating following the outcomes of the February 8 general elections, signalling optimism for the nation’s economic future.

Business

Web Desk
Jan 19, 2024

Over 2,000 new companies registered in Pakistan in a single month

The Securities and Exchange Commission of Pakistan (SECP) revealed the registration of 2,095 new companies in December 2023.

Business

Web Desk
Dec 15, 2023

Pakistan Stock Exchange closes gaining nearly 700 points

In Friday’s trading session, the Pakistan Stock Exchange’s benchmark KSE-100 index concluded at 66,130.02, marking an impressive gain of 679.83 points, or 1.04 per cent.