As the government prepares to present the Budget 2024-25 to the National Assembly, the National Economic Council (NEC) is meeting today, chaired by Prime Minister […]
Category: Business
Pakistan stock market experiences significant decline amid tax concerns.
The Pakistan Stock Market (PSX) saw a significant downturn on Friday morning as the benchmark KSE-100 Index experienced its largest fall in months, dropping over […]
Asian markets rose thursday after wall street barreled to records wednesday as the frenzy around artificial-intelligence technology kept sending stocks higher.
In Tokyo, the Nikkei 225 index climbed 0.9% to 38,841.75. The Hang Seng in Hong Kong added 0.8% to 18,569.48 and the Shanghai Composite index […]
Global markets poised for gains as ECB and other central banks cut rates.
Global stocks neared an all-time high and the euro gained ground on Thursday in anticipation of the European Central Bank’s (ECB) first interest rate cut […]
Federal government sets budget at Rs295 per US dollar amid anticipated currency devaluation.
In preparation for the financial year 2024-25, the federal government has chosen to set the budget with an exchange rate of Rs295 per US dollar, […]
Lahore anti-terrorism court extends interim bail of PTI founder imran khan in arson cases.
On Friday, the Anti-Terrorism Court (ATC) in Lahore extended the interim bail of PTI founder Imran Khan in connection with three arson cases stemming from […]
Federal Budget Proposal Set for June 10: Focus on People-Friendly and Agricultural Support Measures
The federal budget for the new financial year, set to be presented on June 10, promises to be a crucial policy document aimed at addressing both economic stability and social welfare.
Gold Prices Decline by Rs 500 per Tola in Pakistan
Predicting future gold prices is inherently challenging due to the numerous factors at play. However, some analysts believe that if the global economy continues to recover and stabilize, gold prices may remain subdued. On the other hand, any resurgence in economic uncertainty or inflation fears could lead to a rebound in gold prices.
Iran plans to boost oil output amid OPEC+ tensions.
Iran, a key member of the Organization of the Petroleum Exporting Countries (OPEC), has approved a plan to increase its oil output to four million […]