100 index rose 1219 points in four days. The Pakistan Stock Exchange (PSX) had its fourth consecutive positive trading day today. 100 index rose 1219 points in four days. The PSX 100 index rose 372 points to close at 47,452 today, the index’s intraday high of 47,484. In the share market, deals of 462.8 million…
The State Bank of Pakistan has said in the report on federal government loans that in August 2023, the government took a loan of 2 thousand 218 billion rupees. According to the State Bank, the loan taken in August compared to July this year is 3.6 percent more, the government borrowed 14 thousand 394 billion…
In a statement issued by the Pakistan Business Council, it has been said that the efforts against the misuse of Afghan transit are a source of happiness. In the declaration, it was said that clothes, cosmetics, tires, black tea, fruits, household goods were being smuggled into Pakistan through Afghan transit trade, misuse of Afghan transit…
Chairman Federal Board of Revenue (FBR) Amjad Zubair says that no proposal to levy new taxes is under consideration, taxes are being collected as per the fixed target. A meeting was held on the country’s economic situation under the chairmanship of caretaker finance minister Shamshad Akhtar, in which chairman FBR along with board members briefed…
The recent arrest of Pervez Elahi was made under the law, Justice Mansoor Islamabad: A hearing was held on Parvez Elahi’s bail application in the Supreme Court. His lawyer Latif Khosa said that Parvez Elahi gets bail in one case and gets caught in another. Justice Sardar Tariq Masood said that in which law it…
In the context of fuel price adjustment, electricity has been increased by 1 rupee 71 paise per unit. Nepra has issued a notification. According to the notification of the National Electric Power Regulatory Authority (NEPRA), the increase has been made in the context of the monthly fuel adjustment for August. The increase in electricity price…
—Photo edited The State Bank explained that under a strong regulatory and supervisory framework, the established banking system in Pakistan is stable and bank deposits are absolutely safe. According to the Chief Spokesman of State Bank of Pakistan, Pakistan’s banking system is adequately capitalized, the profitability of the banking system has increased by about 125…
–File photo Pakistan’s economic team will participate in the annual meetings of the World Bank and the IMF. According to the sources, the annual meetings of the World Bank and the IMF are starting from October 9 as per the schedule. The economic team headed by the caretaker finance minister will go to Morocco, the…
–File photo The Lahore High Court gave a safe verdict in the case related to sugar price fixing that the Punjab government will set the sugar prices in the province. A 2-member bench headed by Justice Shahid Karim delivered a safe verdict. According to the court’s decision, the Punjab government will set the prices of…
–File photo The price of crude oil continues to decline in the global market, which has now fallen by more than 5 percent. According to foreign media, the price of Brent crude oil has decreased to 85 dollars 81 cents per barrel. According to reports, the price of WTI has decreased to 84 dollars 22…
