Category: Business

In a significant move to enhance the stability and compliance of exchange companies, the State Bank of Pakistan (SBP) has raised the required paid-up capital for exchange companies to Rs. 1 billion.

Growth in Russia’s services sector eased in December, with the S&P Global Russia Services PMI Business Activity Index falling to 51.2 from November’s 53.2, marking […]

Pakistan and Azerbaijan have achieved a significant milestone in the energy sector with the signing of a government-to-government gas supply agreement. This collaboration

Dewan Farooque Motors Limited, a prominent Pakistani automobile importer and manufacturer, has announced plans to locally assemble Chinese electric trucks, with the launch of the […]

The Pakistan Stock Exchange (PSX) had a remarkable trading session today, reflecting growing investor confidence and a surge in market activity. The benchmark 100 index witnessed a substantial gain

India’s current account deficit (CAD) for the July-September quarter narrowed slightly to $11.2 billion, or 1.2% of GDP, compared to $11.3 billion, or 1.3% of […]

Gold prices in Pakistan witnessed a notable surge on Thursday, with the value of 24-karat gold increasing by Rs. 1,400 per tola. This rise brought the price to Rs. 274,000, up from Rs. 272,600 the previous day

In a recent report by the State Bank of Pakistan (SBP), the country’s foreign exchange reserves have experienced a notable decline, raising concerns about the economic stability of the nation.

US retail sales during the holiday season, spanning Nov. 1 to Dec. 24, rose by 3.8%, surpassing the 3.1% growth from the previous year and […]