PSX bounces back as global markets stabilise
The capital market opened on a positive note Tuesday, recovering from the previous day’s historic plunge, as investors responded to stabilising global markets. The Pakistan…
Business
Binance founder appointed Pakistan Crypto Council’s strategic adviser
Binance Founder Changpeng Zhao, known as CZ, has officially been appointed as a strategic adviser to the newly-formed Pakistan Crypto Council (PCC). The announcement was…
PSX witnesses bloodbath, dips more than 3,000 points
The Pakistan Stock Exchange (PSX) witnessed a sharp decline on Monday as the benchmark KSE-100 Index went down by more than 3,000 points during early…
PSX rallies to fresh high on power price cuts
The stock market extended its record-breaking streak on Friday, fuelled by positive investor sentiment over the government’s electricity relief package, falling inflation, and optimism surrounding…
PSX hits all-time high as PM slashes electricity tariffs
The capital market continued its bullish momentum on Thursday, surging to an all-time high amid strong investor sentiment driven by a major government relief package…
Pakistan records lowest inflation in 711 months, CPI at 0.7% in March
Pakistan’s Consumer Price Index (CPI) inflation has hit a historic low, with the reading dropping to 0.7% year-on-year in March 2025— the lowest in 711…
Gold prices see massive increase in Pakistan
The rate of 24 karat per tola gold witnessed a hike of Rs1620 on Saturday and was traded at Rs.325,000, All Pakistan Sarafa Gems and…
Govt slashes petrol price by Re1 for next fortnight
The federal government has announced a Re1 per litre cut in petrol prices for the next fortnight, effective March 29, 2025, offering slight relief to…
Govt seeks Rs1.71 per unit cut in electricity price
The federal government has formally submitted a request to the National Electric Power Regulatory Authority (Nepra) seeking a reduction of Rs1.71 per unit in electricity…
IMF allows Pakistan to reduce electricity tariff
The International Monetary Fund (IMF) has approved a reduction of Re1 per unit in electricity tariffs, providing much-needed relief to all consumers across the country….