Business
PSX maintains peak on the heels of economic turnaround
November 7, 2024
PSX maintains peak on the heels of economic turnaround
KARACHI: The Pakistan Stock Exchange (PSX) maintained its upward trajectory on the fourth day of the week – Thursday. The…
Illegal cigarette sales surge in Pakistan; costing govt Rs300bln in annual tax revenue
November 7, 2024
Illegal cigarette sales surge in Pakistan; costing govt Rs300bln in annual tax revenue
KARACHI: Pakistan is grappling with a rise in illegal cigarette sales, which now account for over 50% of the market,…
CDNS decreases rates of return for savings certificates
November 7, 2024
CDNS decreases rates of return for savings certificates
ISLAMABAD: The Central Directorate of National Savings (CDNS) has decreased the rates of return for its national savings certificates, marking…
Banks to remain closed on Iqbal Day: SBP
November 7, 2024
Banks to remain closed on Iqbal Day: SBP
KARACHI: The State Bank of Pakistan (SBP) on Thursday announced that banks would remain closed on November 9 on account…
Gold prices in Pakistan witness massive decline of Rs5,400
November 7, 2024
Gold prices in Pakistan witness massive decline of Rs5,400
KARACHI: The price of gold in Pakistan witnessed a massive decline of Rs5,400 on Thursday, reflecting global market trends following…
Automakers brace for new tariffs, EV changes under Trump
November 7, 2024
Automakers brace for new tariffs, EV changes under Trump
NEW YORK: Automakers are bracing for president-elect Donald Trump to impose new tariffs on vehicles from Mexico and potentially from…
Sugar per kg price goes down to Rs140 per kg at Utility Stores
November 7, 2024
Sugar per kg price goes down to Rs140 per kg at Utility Stores
ISLAMABAD: Federal government has announced a reduction in sugar prices at utility stores, bringing the cost down to Rs.140 per…
Nepra reduces power tariff
November 6, 2024
Nepra reduces power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) approved on Wednesday a reduction of Rs1.27 per unit in electricity prices…
Dollar rallies, bitcoin hits record high as US votes bolster ‘Trump trades’
November 6, 2024
Dollar rallies, bitcoin hits record high as US votes bolster ‘Trump trades’
NEW YORK: The dollar rallied broadly on Wednesday and bitcoin jumped to an all-time high as investors returned to so-called…
Bulls rally continues in PSX following policy rate cut
November 6, 2024
Bulls rally continues in PSX following policy rate cut
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday continued to witness bullish trend on following the policy rate cut on…