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
Category: Business
Dewan farooque motors to assemble Chinese electric trucks in Pakistan.
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 […]
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 […]