Business
S&P upgrades Turkiye’s credit rating to BB-
November 2, 2024
S&P upgrades Turkiye’s credit rating to BB-
WASHINGTON: Standard and Poor’s upgraded Turkiye’s long-term sovereign credit rating on Friday from B+ to BB-, with the agency noting…
SMEDA BoD unanimously approves business plan to drive SME growth, export expansion
November 2, 2024
SMEDA BoD unanimously approves business plan to drive SME growth, export expansion
ISLAMABAD: Small and Medium Enterprises Development Authority (SMEDA) 22nd Board of Directors unanimously approved a comprehensive the SMEDA business plan…
Pakistan’s CPI-based inflation rises to 7.2% in Oct, beating govt, market forecasts
November 1, 2024
Pakistan’s CPI-based inflation rises to 7.2% in Oct, beating govt, market forecasts
ISLAMABAD: Pakistan’s annual inflation rate punched in at 7.2% in October 2024, up from 6.9% in September but markedly lower…
MoUs with Riyadh moving towards agreements, transactions: Malik
November 1, 2024
MoUs with Riyadh moving towards agreements, transactions: Malik
RIYADH: Federal Minister of Petroleum and Water Resources Dr Musadik Malik says that Pakistan signed memorandums of understanding (MoUs) worth…
Pakistani rupee thrashes US dollar in interbank
November 1, 2024
Pakistani rupee thrashes US dollar in interbank
KARACHI: The US dollar price has decreased by 12 paisas in interbank against the Pakistani rupee. The US dollar…
Oil climbs more than $1 on reports of Iran preparing strike on Israel
November 1, 2024
Oil climbs more than $1 on reports of Iran preparing strike on Israel
SINGAPORE: Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses, after reports Iran…
Gold price declines by Rs2,500 per tola
November 1, 2024
Gold price declines by Rs2,500 per tola
LAHORE: Gold prices in Pakistan saw another major slump on Friday, reflecting global market trends. In the local market, the…
PSX rebounds over 1,800 points as Oct inflation data fires up rate cut bets
November 1, 2024
PSX rebounds over 1,800 points as Oct inflation data fires up rate cut bets
KARACHI: Stocks rebounded on Friday, fired up by October’s tame inflation data, which bolstered expectations that the central bank would…
Qatar to invest $3 billion in Pakistan after PM Shehbaz’s visit: information minister
November 1, 2024
Qatar to invest $3 billion in Pakistan after PM Shehbaz’s visit: information minister
ISLAMABAD: Qatar will invest $3 billion in diverse sectors of Pakistan, including trade, investment, culture, and others following a successful…
Govt jacks up petrol by Rs1.35, high-speed diesel by Rs3.85 per litre
November 1, 2024
Govt jacks up petrol by Rs1.35, high-speed diesel by Rs3.85 per litre
ISLAMABAD: Prime Minister Shehbaz Sharif-led government on Thursday night announced new petrol and diesel prices for the next fortnight. According…