During intraday trading, the benchmark KSE-100 index was 1,721.02 points to reach the 97,267.476 level for the first time in the history of Pakistan. According to market experts, investors are positively responding to the recent cut in the policy rate and improving the national economy. KSE 100’s continuous rally highlights Pakistan’s improving economic prospects and […]
Taj Gasoline is excited to announce a long-term strategic partnership with Mobil, one of the world’s leading lubricant brands. This collaboration marks a significant milestone for both companies as they aim to set new standards in quality and innovation across both B2B and retail channels within the Taj Gasoline network. Muhammad Aslam Shaikh, Group CEO […]
According to sources, the IMF agreed to provide $1 billion in climate financing after the first quarterly economic review, expected to occur in March. Sources revealed that the climate financing will be part of the Extended Fund Facility (EFF) loan program, which will become the largest program in Pakistan’s history once approved. The economic team […]
The ambitious target reflects Pakistan’s commitment to combating climate change and promoting sustainable transportation. The minister emphasized that significant steps are underway to support the widespread adoption of electric vehicles in Pakistan. Aleem Khan assured that the government is actively working on infrastructure development for EVs, including the installation of charging stations, and enhancing public […]
The Consumer Prices Index reached 2.3 percent from a three-year low of 1.7 percent in the 12 months to September, the Office for National Statistics said in a statement. CPI was last at 2.3 percent in April, the ONS added in a statement, while analysts’ consensus had been for the rate to climb back to […]
As per details, the flour mill owners have jacked up the price of 80kg bags by Rs1300 in these districts. In a separate development, the Naan Bai Association has called an emergency meeting over the rate of bread (roti). Earlier, the federal government abolished a 5.5 percent advance income tax after successful talks with the […]
Bitcoin, the world’s biggest and best-known cryptocurrency, has more than doubled this year. It was last at $92,104 in Asian hours on Wednesday, having touched a record high of $94,078 just toward the end of the previous session. The Financial Times, citing two people with knowledge, said Trump Media and Technology Group (DJT.O), opening a […]
The data showed that the inflows of remittances during October were recorded at US$ 204 million as compared to US$ 168 million in September and US$ 165 million in August 2024, according to the latest data released by the State Bank of Pakistan (SBP). These accounts provide innovative banking solutions to millions of Non-Resident Pakistanis […]
The reforms, introduced last year, include the Opportunity Card, a points-based system modeled after Canada’s approach. It allows skilled workers and university graduates from non-EU states to enter Germany, study, and seek work without needing prior qualification recognition. How have the reforms worked out? Interior Minister Nancy Faeser said that the Opportunity Card has simplified […]
As per the notification, the price of petrol remained unchanged at Rs248.38 per litre, and the price of High-speed diesel remained at Rs 255.14 per litre. The prices of light diesel and Kerosene oil also remain unchanged. Earlier, it was reported that the federal government might hike petrol prices due to a high premium on […]
