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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

Govt has imposed ban on the Import of Non-Essential Luxury Items

The government has imposed a ban on the import of 38 non-essential Luxury Items under an "Emergency Economic plan". Under the new policy, the import...
News Desk

System Ltd to acquire 100% stake in National Data Consultant

Systems Limited has entered into a term sheet with the sponsor shareholders of National Data Consultant (Pvt.) Limited (“NdcTech”) for the acquisition of 100%...
News Desk

PTI supporters hold Countrywide rallies

Supporters of the Pakistan Tehreek-e-Insaf (PTI) held rallies in various parts of the country, protesting against the "foreign conspiracy" they say was behind the...
News Desk

Imran Khan ousted as a Prime Minister in a No-Confidence Vote

Pakistan's Prime Minister Imran Khan has been ousted from power after losing a no-confidence vote in his leadership. The vote was held past midnight after...
News Desk

National Assembly to elect Pakistan Prime Minister on Monday

The session of the National Assembly to elect a new Leader of the House will meet today at 2pm, after Imran Khan was removed...
News Desk

SBP raised the Policy rate by 250BPS to 12.25%

In an emergency meeting today, MPC decided to raise policy rate by 250bps to 12.25%. This strong and proactive policy response was necessitated by...