The Prime Minister has directed the Power Division to expedite the installation of smart meters across Pakistan, yet the distribution companies (DISCOs) have struggled to meet this mandate.
Category: Business
Pakistan Stock Market Surges Past 112,000 Points: A Positive Start to the Week
The Pakistan Stock Market kicked off the new business week with a remarkable performance, signaling renewed investor confidence and economic optimism. The stock exchange witnessed a significant surge,
State Bank Raises Paid-Up Capital for Exchange Companies to Rs. 1 Billion: New Regulations Explained
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.
Russia services sector growth slows to three-month low in december.
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 Sign Landmark Gas Supply Agreement: A Boost to the Energy Sector
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 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