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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

Trade deficit in services surges by 75% MoM in May

The service sector of Pakistan posed a trade deficit of $245 million in May 2023, which has significantly increased by 75% MoM as compared...
News Desk

Pervez Khattak served show cause notice over anti-PTI move

The Pakistan Tehreek-e-Insaf (PTI) Wednesday issued a show cause notice to Pervez Khattak seeking an explanation for allegedly inciting the members to leave the...
News Desk

President Alvi approves Justice Qazi Faez Isa’s appointment as next CJP

President Arif Alvi Wednesday approved senior puisne judge Justice Qazi Faez Isa's appointment as the next chief justice of Pakistan. The appointment will be effective...
News Desk

Supreme Court to take up pleas against military courts

Chief Justice of Pakistan (CJP) Umar Ata Bandial on Wednesday constituted a nine-member larger bench to hear petitions against the trial of civilians in...
News Desk

Current Account Surplus clocked in at $255Mn in May 2023

The current account surplus for the month of May 2023 witnessed a notable surge of 3.26x MoM to stand at $255 million compared to the surplus...
News Desk

CPI Inflation increased to 27.6% in January 2023

CPI Inflation increased to 27.6% on YoY basis in Jan 2023 as compared to an increase of 24.5% in Dec'22 & 13.0% in SPLY....