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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...
Business
News Desk

Govt jacks up Petrol price by Rs13.55 per litre

The caretaker government on Wednesday hiked the price of petrol by Rs13.55 per litre for the next fortnight. The new price of petrol is now...
News Desk

IMF’s review mission expected to visit Pakistan after Feb 8 polls

A review mission of the International Monetary Fund (IMF) is likely to be dispatched to conduct talks with Islamabad after Pakistan's much anticipated general...
News Desk

Pakistan Gold Imports Decline 6% In First Half of Fiscal Year...

The imports of gold decreased by 6.02 percent for Pakistan during the first half of the current fiscal year as compared to the corresponding...
News Desk

Nawaz seeking 4th time in office via backdoor: Bilawal

Bilawal Bhutto Zardari, the Pakistan Peoples Party (PPP) chairman and former foreign minister, has cast aspersions over PML-N supremo Nawaz Sharif’s bid to become...
News Desk

Banking Sector spread inched up by 1.4% on YoY basis in...

As per the data released by the SBP the Banking sector spread for the month of December 2023 has decreased by 1 basis points...
News Desk

SBP has sold T-bills worth Rs185bn and yields drop by up...

The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs184.66 billion for 3,6 and...