Bloodbath at PSX: KSE-100 Index Loses 4,800 Points in Worst Single-Day Decline in History
The Pakistan Stock Exchange (PSX) experienced its worst trading day ever on Thursday, as the benchmark KSE-100 index plunged by
Cabinet Division Declines to Disclose Pakistan Cricket Team Salary Details, Cites Confidentiality
The Cabinet Division has refused to share details regarding the salary packages and financial benefits of individuals associated with the
Treet Battery Limited Announces Major Financial Restructuring
Treet Battery Limited has announced significant financial restructuring measures aimed at improving its financial position and reducing borrowing costs. The
Dollar Outflow Jumps 112% to $1.12 Billion in First Five Months of FY25
With an improvement in foreign exchange reserves, Pakistan has relaxed restrictions on the outflow of profits and dividends, which have
OGDCL Begins Production from Kunnar West Well-3 in Sindh
The Oil & Gas Development Company Limited (OGDCL), listed on the Pakistan Stock Exchange (PSX: OGDC), has successfully commenced production
Pakistan’s Default Risk Plummets as CDS Spread Falls 93% Amidst Improved Economic Outlook
Pakistan’s Credit Default Swap (CDS) spread, a key indicator of credit default risk, has fallen to 505 basis points (5.05%),
Meezan Bank Denies Allegations of Debit Card Data Breach
Several users have reported unauthorized transactions on their Meezan Bank debit cards, sparking concerns of a potential data breach. However,
ECC Approves Summaries for PM Youth Loan, SIFC Grant and Urea Subsidy
The Cabinet’s Economic Coordination Committee (ECC), chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, has approved 16
Pakistan Housing Authority Board Greenlights Major Housing Policy Reforms
The 58th Board of Directors meeting of the Pakistan Housing Authority (PHA) Foundation, chaired by Federal Minister for Housing and
Gold Prices in Pakistan Rise by Rs. 1,000 Per Tola, Hit Rs. 275,900
Gold prices in Pakistan increased on Wednesday, reflecting a similar upward trend in the international market. In the local market,
