Business

Pakistan Stock Exchange plunges over 4,600 points as Middle East tensions shake investor confidence

Pakistan Stock Exchange plunges over 4,600 points as Middle East tensions shake investor confidence

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a sharp decline on Wednesday, with the benchmark KSE-100 Index falling by 4,626…
Oil climbs, bonds slide on Mideast hostilities

Oil climbs, bonds slide on Mideast hostilities

SINGAPORE: Oil prices rose and bonds were sold on Wednesday as renewed fighting in the Middle ​East and U.S. sanctions…
PM Shehbaz directs SMEDA to facilitate credit for SMEs to boost national exports

PM Shehbaz directs SMEDA to facilitate credit for SMEs to boost national exports

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed the Small and Medium Enterprises Development Authority (SMEDA) to facilitate the provision…
Govt is focused on building a documented economy, says Aurangzeb

Govt is focused on building a documented economy, says Aurangzeb

Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb on Tuesday said that Pakistan’s economy is moving in the right…
Saudi Arabia introduces “Package Visa” to boost tourism

Saudi Arabia introduces “Package Visa” to boost tourism

Saudi Arabia has announced the introduction of a new digital facility called the “Package Visa” to promote tourism and provide…
Pakistan’s federal debt rises to Rs82 trillion by May 2026

Pakistan’s federal debt rises to Rs82 trillion by May 2026

Pakistan’s total federal government debt climbed to Rs82 trillion by the end of May 2026, increasing by Rs5.9 trillion over…
Punjab govt to enhance Cash Management Fund limit to Rs1,000 billion

Punjab govt to enhance Cash Management Fund limit to Rs1,000 billion

The Punjab government on Tuesday decided to enhance the limit of Cash Management Fund from Rs200 to Rs1,000 billion during…
SBP caps minimum deposit profit rate on individual accounts of Rs10m

SBP caps minimum deposit profit rate on individual accounts of Rs10m

The State Bank of Pakistan (SBP) has said the minimum profit rate requirement on bank deposits will apply only to…
ECB presses banks on AI defence plans

ECB presses banks on AI defence plans

The European Central Bank on Tuesday pressed major European banks to come up with action plans to deal with cybersecurity…
Finance Ministry unveils fund release strategy for FY2026-27

Finance Ministry unveils fund release strategy for FY2026-27

ISLAMABAD: The Ministry of Finance has issued its budget fund release strategy for the 2026-27 fiscal year, outlining the mechanism…
Back to top button