Business
Price of gold in Pakistan sees massive increase
January 3, 2025
Price of gold in Pakistan sees massive increase
The price of gold in Pakistan saw a massive third consecutive increase on Friday, reflecting global market trends. In the…
CDNS achieves Rs700bn savings target by first half of FY2025
January 3, 2025
CDNS achieves Rs700bn savings target by first half of FY2025
ISLAMABAD: The Central Directorate of National Savings (CDNS) has realized a target of Rs700 billion in fresh bonds and achieved…
PSX reflects mixed sentiment as investors weigh tax concerns
January 3, 2025
PSX reflects mixed sentiment as investors weigh tax concerns
The capital market opened on a cautious note on Friday, as investors balanced optimism over easing inflation and improving macroeconomic…
Oil extends gains on optimism over policy support for growth
January 3, 2025
Oil extends gains on optimism over policy support for growth
SINGAPORE: Oil prices extended gains on Friday after closing at their highest in more than two months in the prior…
Turkish group bids below minimum fee for Islamabad Airport operations
January 2, 2025
Turkish group bids below minimum fee for Islamabad Airport operations
KARACHI: A Turkish consortium, the sole bidder to take over the operations of Pakistan’s Islamabad airport, has offered a concession…
Pakistan achieves targets set by IMF, achieves 10.8% tax-to-GDP ratio
January 2, 2025
Pakistan achieves targets set by IMF, achieves 10.8% tax-to-GDP ratio
Pakistan has successfully achieved its key tax targets set by the International Monetary Fund (IMF). The tax-to-GDP ratio has reached…
PSX surges to all-time high of 118k amid hopes of economic stability
January 2, 2025
PSX surges to all-time high of 118k amid hopes of economic stability
KARACHI: Bulls continued to rule the Pakistan Stock Exchange (PSX) as KSE-100 index surged to another historic high during intraday…
NEPRA suggests formula to reduce electricity price by Rs25 per unit
January 2, 2025
NEPRA suggests formula to reduce electricity price by Rs25 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday prepared a plan for reduction in prices of the commodity…
Pakistan’s trade deficit rises to $2.44bn in December
January 2, 2025
Pakistan’s trade deficit rises to $2.44bn in December
ISLAMABAD: Pakistan’s trade deficit rose to $2.44 billion in December 2024, marking a 35% year-on-year surge and the highest level…
Oil rises as investors return from holidays
January 2, 2025
Oil rises as investors return from holidays
SINGAPORE: Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously…