Due to a number of variables, including stability in the economy, the Pakistan Stock Exchange (PSX) reached the 69,000 mark on Monday, marking a significant milestone. The benchmark KSE-100 index closed at 69,619.98 points, up from the previous finish of 68,416.78 points, after gaining 1,203.20 points, or 1.76%. Arif Habib Limited said on X, the […]
The US tech giant Apple has broken the terrible news to its customers: it intends to discontinue the older iPhone series, which will force consumers to rush out and purchase the newest models of their smartphones. Should you be one of the individuals who are still holding onto this iPhone, you may also consider upgrading […]
According to a new research by the World Wildlife Federation (WWF)-Pakistan, infrastructure development, notably road building, is endangering the habitat of the elusive snow leopard in the Gilgit-Baltistan (G-B) area. “The habitat of the snow leopard (Panthera uncia) may be compromised by rapid infrastructure development, particularly in the area of Gilgit-Baltistan. This might lead to […]
Following the Maldives, a “India Out” movement is already roiling Bangladesh, offering hints that the long-suppressed anti-Delhi feeling is finally surfacing and taking over the nation. This campaign, which seems to be the result of the opposition’s charges that India is interfering in national affairs, especially in light of the most recent elections in which […]
On Wednesday, Pakistan and the Netherlands reached a consensus over the importance of strengthening their bilateral ties and looking into new business ventures in areas of shared interest. Ambassador Henny de Vries reportedly called Minister of Finance and Revenue Muhammad Aurangzeb to discuss issues of common interest and fortify the very strong relations that already […]
The sugar sector has begun to petition the government to get authorization for the export of one million tons of sweetness from Pakistan. In a letter to Minister of Commerce Jam Kamal, the Pakistan Sugar Mills Association (PSMA) asked that the government expeditiously decide in the interest of the country to permit sugar exports in […]
Thanks to their attractive returns and stable currency, foreign investment in Pakistan’s Treasury Bills (T-bills) has surged to levels not seen before 2020, according to a brokerage firm study on Tuesday. The return of hot money is seen in the heightened interest shown by foreign investors in government notes following a four-year hiatus. Pakistan’s assets […]
Annually, Forbes, a renowned American business magazine, rates the world’s current billionaires and adds new ones to its list based on net worth. The 25 youngest individuals on Forbes’ 2024 World’s Billionaires list have a combined net worth of $110 billion. Nevertheless, some of them are homegrown, including well-known businesses like Oculus VR, Snapchat, and […]
In March, the domestic economy showed signs of stabilization as the demand for petroleum oil products surged to a 21-month high of 1.15 million tonnes, as compared to the same month the previous year. The sale of oil marketing companies (OMCs) increased by 4% in the month under review when compared to the same month […]
Despite a seasonal spike in perishable food prices, inflation in March dropped to an almost two-year low of 20.7%, exceeding government projections and casting doubt on the central bank’s decision to keep interest rates at historically high levels. According to a Monday report from the Pakistan Bureau of Statistics (PBS), the rate of rise in […]
