Business

PSX rises over 2,000 points as oil prices stay below $90

PSX rises over 2,000 points as oil prices stay below $90

The Pakistan Stock Exchange (PSX) began trading on Wednesday with strong upward momentum, supported by relatively stable global oil prices…
Pakistan raises $507 million as PTA completes third round of 5G spectrum auction

Pakistan raises $507 million as PTA completes third round of 5G spectrum auction

ISLAMABAD: The country has moved a step closer to launching next-generation mobile connectivity after the Pakistan Telecommunication Authority (PTA) on…
LPG price increased by hefty Rs20 per kilogram

LPG price increased by hefty Rs20 per kilogram

The upward trend in liquefied petroleum gas (LPG) prices continued on Tuesday as the retail price increased by another Rs20…
IMF questions govt’s plan to raise revenue after super tax abolition, salary tax cuts

IMF questions govt’s plan to raise revenue after super tax abolition, salary tax cuts

ISLAMABAD: The International Monetary Fund (IMF) has questioned the government’s ability to boost revenue in the upcoming budget after the…
Four petrol-laden ships arrive at Port Qasim amid fuel crisis

Four petrol-laden ships arrive at Port Qasim amid fuel crisis

Amid the recent energy crisis and government measures to cope with the prevailing global fuel shortage triggered by the ongoing…
SMEDA reaffirms resolve to empower women entrepreneurs

SMEDA reaffirms resolve to empower women entrepreneurs

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) continues to play a vital role to provide an enabling business…
Chinese aerospace group shows interest in up to $10 billion investment in Pakistan

Chinese aerospace group shows interest in up to $10 billion investment in Pakistan

ISLAMABAD: Due to the effective strategy and facilitation of the Special Investment Facilitation Council (SIFC), Pakistan has increasingly become a…
PSX rebounds with 11,100 points on positive market sentiment

PSX rebounds with 11,100 points on positive market sentiment

KARACHI: Pakistan Stock Exchange (PSX) rebounded with significant gains on Tuesday as US President Donald Trump predicted the war in…
Gold, silver prices jump sharply in Pakistan following global trend

Gold, silver prices jump sharply in Pakistan following global trend

KARACHI: Gold and silver prices recorded a significant increase on Tuesday in both international and local markets following a rise…
Oil falls over 6pc as Trump predicts Middle East de-escalation

Oil falls over 6pc as Trump predicts Middle East de-escalation

Oil ‌prices fell on Tuesday after hitting their highest level in more than three years in the prior session as…
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