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Category: Business

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Impact of Solar Shift and Rising Electricity Costs on Pakistan’s Power Demand
  • Business

Impact of Solar Shift and Rising Electricity Costs on Pakistan’s Power Demand

  • Usama Mudassar
  • September 27, 2024
  • 0

The increasing shift of industries towards solar energy has led to a significant reduction in electricity demand in Pakistan, raising concerns about the future sustainability of the power sector.

Positive Impact of IMF Agreement Boosts Pakistan Stock Exchange
  • Business

Positive Impact of IMF Agreement Boosts Pakistan Stock Exchange

  • Usama Mudassar
  • September 26, 2024
  • 0

With the IMF’s backing and the promise of economic recovery, Pakistan has an opportunity to stabilize its economy and create a more prosperous future for its citizens

ADB Predicts Gradual Economic Recovery for Pakistan: Growth and Inflation Outlook
  • Business

ADB Predicts Gradual Economic Recovery for Pakistan: Growth and Inflation Outlook

  • Usama Mudassar
  • September 25, 2024
  • 0

While challenges remain, particularly in terms of external vulnerabilities and inflationary pressures, the ADB’s report suggests that with the right reforms, Pakistan can achieve a more stable and sustainable economic future.

Market Resilience: Pakistan Stock Exchange Sees Gains Amid Volatility
  • Business

Market Resilience: Pakistan Stock Exchange Sees Gains Amid Volatility

  • Usama Mudassar
  • September 24, 2024
  • 0

The stock market is a dynamic environment, influenced by a myriad of factors. While the second day of trading brought a welcome increase, it is essential for investors to remain cautious and informed.

Gold prices rise: 24 karat gold reaches Rs272,500.
  • Business

Gold prices rise: 24 karat gold reaches Rs272,500.

  • Ibtehaj Tahir
  • September 21, 2024
  • 0

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 […]

FBR urges citizens to file taxes before september 30 deadline, No extensions to be granted.
  • Business

FBR urges citizens to file taxes before september 30 deadline, No extensions to be granted.

  • Ibtehaj Tahir
  • September 21, 2024
  • 0

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.
  • Business

Nippon Steel to sell $211 million in assets amid U.S. steel acquisition plans.

  • Ibtehaj Tahir
  • September 21, 2024
  • 0

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
  • Business

Pakistan’s Stock Market Performance Soars to New Heights: A Positive Outlook for 2024

  • Usama Mudassar
  • September 21, 2024
  • 0

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
  • Business

State Bank of Pakistan Provides Substantial Liquidity to Conventional and Islamic Banks Amid Tight Monetary Policy

  • Usama Mudassar
  • September 20, 2024
  • 0

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.

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