Indonesia’s central bank, Bank Indonesia (BI), cut its benchmark interest rate by 25 basis points to 5.25% on Wednesday — its fourth rate cut since […]
Category: Business
PSX hits record high amid investor confidence and positive economic indicators.
The Pakistan Stock Exchange (PSX) continued its record-breaking momentum on Tuesday, driven by strong investor confidence and an improving economic outlook. The benchmark KSE-100 index […]
PIA Privatization Moves Forward with New Business Plan: Reserve Price Under Review, Local Bidders in Focus
In a significant development regarding the privatization of Pakistan International Airlines (PIA), the federal government has approved a revised business plan that will be shared with four pre-qualified local consortiums this week. The process marks a renewed effort to restructure
Petrol and Diesel Prices Likely to Rise as Government Reviews OGRA Summary Kerosene May See Relief
The federal government is in the process of reviewing a comprehensive proposal to revise petroleum product prices across the country. Sources indicate that petrol and […]
Pakistan Stock Exchange hits record high as investor confidence grows; IMF praises economic reforms.
The Pakistan Stock Exchange (PSX) began the new business week on a strong note, with the benchmark KSE-100 index surging by 1,169.58 points to reach […]
Pakistan and Russia Sign Historic Accord to Revive Pakistan Steel Mills, Boosting Industrial Ties and Job Creation
In a major development signaling renewed economic cooperation between Islamabad and Moscow, Pakistan and Russia have officially signed an agreement to revive and modernize the Pakistan Steel Mills (PSM) in Karachi
Gold Hits Rs. 358,100 Per Tola in Pakistan as Prices Climb for Third Straight Day
Gold prices in Pakistan continued their upward trajectory for the third consecutive day, reflecting both local demand trends and international market fluctuations. According to the All Pakistan Sarafa
Weekly SPI report: inflation sees annual decline but weekly uptick due to rising food prices.
The Sensitive Price Indicator (SPI) for the combined consumption group showed a year-on-year decrease of 1.23% during the week ending July 10, 2025, compared to […]
PSX Hits Historic High as 100 Index Crosses 134,000 Mark
The Pakistan Stock Exchange (PSX) witnessed remarkable momentum on the final trading day of the week, setting a new benchmark as investor confidence surged across the board. The PSX 100 Index surpassed