PSX hits all-time high, crosses monumental 71,500 points
The Pakistan Stock Exchange (PSX) has witnessed a bullish trend on the first day of the business week, soaring to unprecedented heights and setting a…
Business
Pakistan looking to enter into extended program with IMF: Finance Minister
Finance Minister Muhammad Aurangzeb has said Pakistan is looking to enter into a larger and extended program with the IMF. Talking to President of Asia…
Pakistan makes formal request to IMF for fresh IMF package
Pakistan has made a formal request to International Monetary Fund (IMF) for seeking the next bailout package in the range of USD 6 to USD…
IMF suggests lifting trade bans can boost Pakistan’s exports by 15%
In its recent report on the Middle East and Central Asian countries, the International Monetary Fund (IMF) has highlighted that that Pakistan’s growth rate in 2024…
US dollar strengthens against Pakistani rupee in interbank market
The interbank appreciation of the US dollar against the Pakistani rupee persists today, marking the fourth consecutive day of the dollar’s ascent. According to currency…
IMF chief, finance minister discuss policy preferences, reforms agenda in Pakistan
Finance Minister Muhammad Aurangzeb met International Monetary Fund (IMF) Managing Director Kristalina Georgieva to discuss the economic reforms agenda in Pakistan. The meeting held in…
Billionaires advise investing in these 5 best stocks right now
The stock market is a favourite place for billionaires to invest in. Many of them have accumulated their wealth by successfully navigating the world of…
Why Elon Musk plans to lay off Tesla’s 10% global work force?
Tesla chief Elon Musk has finally responded after media outlets around the world on Monday reported that the company plans to lay off 10% of…
In a remarkable rally, PSX breaks record
Pakistan Stock Exchange broke a new record as trading opened on Tuesday. Stocks rallied to take the benchmark 100-index to cross 71,000 points. The development…
Gold hits new peak, soars by Rs2400 per tola
On Tuesday, the gold rates in Pakistan took a major surge, moving the cost of 24-karat gold to Rs249,700 per tola after seeing a price…