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PSX

Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”

The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...

MARI’s subsidiary secure mineral exploration licenses in the Chagai district of Balochistan.

The Directorate General Mines & Minerals Balochistan has granted two Exploration Licenses EL-322 and EL-323, and allotted area of 501.03 sq. km and 512.76...

Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks

Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...

KSE 100 Skyrockets to Historic 78k Milestone!

The Pakistan Stock Exchange (PSX) experienced a buying frenzy as the benchmark KSE-100 index surged by over 1,500 points during the opening hours of...
Economy
News Desk

LSMI output surged by 5.8% YoY in April

In April 2024, Pakistan's Large-scale Manufacturing Industries (LSMI) production dropped sharply by 8.14%, down from 115.78 in March 2024. However, on a month-on-month basis,...
News Desk

SPI surged by 1.3% WoW

According to data released by the Pakistan Bureau of Statistics (PBS), the Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.3%...
News Desk

KSE-100 Index soars with record-breaking single-day gain of 3,411 points!

Bulls added 3,411 points (↑ 4.69%) to the KSE – 100 Index to close at 76,208 level. Trading Turnover was recorded at 636Mn (117%...
News Desk

Govt likely to reduce Petrol Price by up to Rs9/litre

In a positive development for inflation-hit masses, the federal government could likely reduce the petrol price by up to Rs9 per litre from June...
News Desk

Pakistan Aims for reaching IMF Staff-Level Agreement in July: FM Aurangzeb

Finance Minister Muhammad Aurangzeb said Thursday the federal government was hopeful of reaching a staff-level agreement with the International Monetary Fund (IMF) in July...
News Desk

RDA inflows surged by 31% MoM in May

Total inflows into Roshan Digital Accounts (RDA) reached $224 million in May 2024, bringing the cumulative total to $8.06 billion. According to data from the...