Record-Breaking Increase: PSX Achieves Highest-Ever Single-Day Gain with 4,600-Point Jump
In a dramatic rebound, the Pakistan Stock Exchange (PSX) surged over 4,600 points on Wednesday, marking its highest-ever single-day gain.
Pakistan’s Inflation to Remain 5.8% to 6.8% in November 2024
The federal government has forecasted that inflation will remain within the range of 5.8% to 6.8% in November 2024. According
Pakistan Petroleum Limited Reports Surge in Production of Natural Gas, Oil, LPG
Pakistan Petroleum Limited (PSX: PPL) has announced a significant increase in hydrocarbon production, reinforcing its commitment to the country’s energy
OPay Acquires Finja, Expanding Its Presence in Pakistan’s Fintech Market
OPay, a leading global fintech platform, has acquired Finja, a pioneering startup and fintech operator in Pakistan. This strategic acquisition
Gold Prices in Pakistan Fall Massively for 2nd Consecutive Day
Gold prices in Pakistan fell for the second straight session on Tuesday, mirroring a decrease in international rates. In the
Toyota Indus Motors Temporarily Halts Production Yet Again
Indus Motor Company Limited (PSX: INDU), the assembler of Toyota vehicles in Pakistan, has announced a temporary suspension of operations
Petroleum Dealers Warn of Imminent Fuel Shortages Due to PTI Protests
The government’s decision to block roads to deter the Pakistan Tehreek-e-Insaf (PTI) workers’ march towards Islamabad is causing significant disruptions
SBP Exempts Certain Deposits from Minimum Profit Rate Requirement
The State Bank of Pakistan (SBP) has announced an exemption for specific types of deposits from the Minimum Profit Rate
SBP Mandates Islamic Banks to Pay 75% of Gross Yield on PKR Savings
The State Bank of Pakistan (SBP) has announced a new directive requiring Islamic Banking Institutions (IBIs) to pay profits on
Foreign Loans to Pakistan Drop by 55% Due to IMF Program Delays
Foreign assistance inflows into Pakistan have plummeted by over 55% to $2.7 billion during the first four months of the
