The price of 24 karat gold increased by Rs500, reaching Rs272,500 on Saturday, up from Rs272,000 on the previous trading day. The price for 10 […]
Category: Business
FBR urges citizens to file taxes before september 30 deadline, No extensions to be granted.
Federal Board of Revenue (FBR) Spokesperson Bakhtiar Muhammad has advised citizens to avoid last-minute tax filings and submit their income tax returns well ahead of […]
Nippon Steel to sell $211 million in assets amid U.S. steel acquisition plans.
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets this fiscal year to manage its debt as it awaits the […]
Pakistan’s Stock Market Performance Soars to New Heights: A Positive Outlook for 2024
Pakistan’s stock market is on a strong growth trajectory, with the KSE-100 index reaching record highs and foreign investments pouring in. The country’s improved economic indicators, such as a healthier
State Bank of Pakistan Provides Substantial Liquidity to Conventional and Islamic Banks Amid Tight Monetary Policy
The State Bank of Pakistan’s provision of Rs 1,858 billion to conventional banks and Rs 161 billion to Islamic banks reflects a proactive approach to liquidity management amid a challenging economic environment.
Dollar Continues to Decline Against the Rupee, Drops by 7 Paise in Interbank Market
While the future remains uncertain, the current efforts to stabilize the rupee and strengthen the economy appear to be paying off. As Pakistan moves forward, it will be crucial to maintain these reforms
US Federal reserve cuts key Interest rate by half a percentage point ahead of presidential election.
Rewritten Content:The US Federal Reserve made its first interest rate cut in over four years on Wednesday, lowering the key lending rate by half a […]
IMF to Review Pakistan’s $7 Billion Loan Program on September 25 Amid Financial Assurances
The upcoming IMF meeting on September 25, 2024, marks a pivotal moment for Pakistan’s economic future. With all necessary financial assurances in place, the country is poised to receive
Stock Market Gains 529 Points on First Day of Business Week, Dollar Depreciates in Interbank
Moving forward, it will be crucial for the government and monetary authorities to maintain this momentum, balancing foreign exchange rates while ensuring that the stock market continues to attract both local and international investments.