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PSX Soars: 100 Index Jumps 927 Points Amid Active Trading
  • Business

PSX Soars: 100 Index Jumps 927 Points Amid Active Trading

  • Usama Mudassar
  • December 27, 2024
  • 0

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 narrows in July-September quarter amid rising services exports.
  • Business

India’s current account deficit narrows in July-September quarter amid rising services exports.

  • Ibtehaj Tahir
  • December 27, 2024
  • 0

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 […]

24-Karat Gold Hits Rs. 274,000 Amid Global Trends
  • Business

24-Karat Gold Hits Rs. 274,000 Amid Global Trends

  • Usama Mudassar
  • December 27, 2024
  • 0

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

Pakistan’s Foreign Exchange Reserves Decline: A Closer Look at the $261 Million Drop
  • Business

Pakistan’s Foreign Exchange Reserves Decline: A Closer Look at the $261 Million Drop

  • Usama Mudassar
  • December 26, 2024
  • 0

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 holiday retail sales surge 3.8%, exceeding expectations.
  • Business

US holiday retail sales surge 3.8%, exceeding expectations.

  • Ibtehaj Tahir
  • December 26, 2024
  • 0

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 […]

China revises 2023 GDP upward by 2.7%, eyes stimulus for 2025 growth.
  • Business

China revises 2023 GDP upward by 2.7%, eyes stimulus for 2025 growth.

  • Ibtehaj Tahir
  • December 26, 2024
  • 0

China has revised its 2023 gross domestic product (GDP) upward by 2.7%, adding 3.4 trillion yuan ($17.73 trillion), according to the National Bureau of Statistics […]

India economy to grow at 6.5% amid global uncertainties.
  • Business

India economy to grow at 6.5% amid global uncertainties.

  • Ibtehaj Tahir
  • December 26, 2024
  • 0

India’s economy is projected to grow at around 6.5% in fiscal year 2024/25, leaning toward the lower end of the government’s 6.5%-7% forecast due to […]

Turkey central bank lowers interest rate after nearly two years.
  • Business

Turkey central bank lowers interest rate after nearly two years.

  • Ibtehaj Tahir
  • December 26, 2024
  • 0

Turkey’s central bank has reduced its key interest rate for the first time in nearly two years, aiming to address persistent double-digit inflation. The monetary […]

OGDCL Restarts Daris West 2 Well with Enhanced Oil, Gas, and LPG Production
  • Business

OGDCL Restarts Daris West 2 Well with Enhanced Oil, Gas, and LPG Production

  • Usama Mudassar
  • December 25, 2024
  • 0

The Oil and Gas Development Company Limited (OGDCL) has successfully resumed operations at the Daris West 2 well, marking a significant milestone in Pakistan’s energy sector

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