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 […]
Category: Business
PSX Soars: 100 Index Jumps 927 Points Amid Active Trading
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.
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
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
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.
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.
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.
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.
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 […]