Business

PSX bounces back to close below 115,000 points after roller-coaster session

PSX bounces back to close below 115,000 points after roller-coaster session

KARACHI: The capital market witnessed a roller-coaster session on Friday, with the KSE-100 Index surging past the historic 115,000-point mark…
Pakistan’s agricultural exports witness remarkable growth

Pakistan’s agricultural exports witness remarkable growth

ISLAMABAD: Pakistan’s agricultural exports marked significant progress as the first consignment of tractors reached Tanzania, setting a milestone in international…
WB okays $240m loan for Pakistan to improve Karachi water and sewerage services

WB okays $240m loan for Pakistan to improve Karachi water and sewerage services

ISLAMABAD: The World Bank has approved a $240 million loan for Pakistan, which will be utilized in the second phase…
Lesco to install biometric system at all offices

Lesco to install biometric system at all offices

LAHORE: The Lahore Electric Supply Company (Lesco) decided on Thursday to install the biometric system at all the offices. According…
Short-term inflation decelerates to 3.71pc in Pakistan

Short-term inflation decelerates to 3.71pc in Pakistan

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), decelerated to 3.71 percent on year-on-year (YoY) basis during…
Oil inches up, on course for first weekly gain in three

Oil inches up, on course for first weekly gain in three

SINGAPORE: Oil prices nudged upwards on Friday, heading for their first weekly rise since the end of November, as additional…
Petrol price likely to increase slightly, diesel cost to decline

Petrol price likely to increase slightly, diesel cost to decline

ISLAMABAD: A small hike of Re0.81 per litre in petrol prices and a moderate reduction of Rs3.94 per litre in…
UK economy in October suffers first back-to-back declines since 2020

UK economy in October suffers first back-to-back declines since 2020

LONDON: Britain’s economy shrank for a second month in October in the run-up to the new government’s first budget, the…
Gold per tola price massively decreases in Pakistan

Gold per tola price massively decreases in Pakistan

KARACHI: The latest gold and silver rates have been released for Friday and the price of 24-karat gold per tola…
Islamic finance, capital markets road to macroeconomic stability: Finance minister

Islamic finance, capital markets road to macroeconomic stability: Finance minister

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said on Thursday that Islamic finance and Islamic capital markets…
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