Petrol prices likely to drop from tomorrow
After two consecutive increases, the prices of petrol and high speed diesel (HSD) are expected to decline from August 01 for the next fortnight.
The...
State Bank cuts policy rate by 1pc to 19.5pc
State Bank of Pakistan (SBP) Governor Jameel Ahmed on Monday announced decreasing the interest rate for the second time in a row to 19.5%...
Fitch upgrades Pakistan rating to ‘CCC+’
In a positive development, Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘CCC’.
“The upgrade reflects greater certainty over...
Reduction likely in prices of petroleum products from Aug1
There is a possibility of reduction in the prices of petroleum products in the country from August 1.
According to sources, the price of petrol...
PSX loses over 1,100 points over increase in political noise
KARACHI: The Pakistan Stock Exchange (PSX) began the day on a negative note as it fell by more than 1,100 points owing to the...
SI Global Solutions, Dell Technologies enter into 10-year strategic partnership
KARACHI: SI Global Solutions announced the beginning of a groundbreaking 10-year partnership with Dell Technologies at the event held in Karachi, solidifying SI Global...
Gold prices hike in Pakistan
After a decline in gold prices for a couple of day, it bounced back on Wednesday with an increase of Rs600.
According to All-Pakistan Gems...
Pakistan Stock Market crosses historic 81,000 mark
KARACHI: The Pakistan Stock Exchange (PSX) surpassed the 81,000-point barrier on the back of aggressive buying by both local and foreign investors coupled with...
Finance minister vows all traders to be taxed at any cost
Finance Minister Senator Muhammad Aurangzeb has categorically said taxes would be imposed on all traders without exception and at all costs.
Addressing business leaders at...
Gold rates see big increase in Pakistan
KARACHI: The per tola price of gold registered increase in Pakistan on second straight day.
According to data issued by the Karachi Sarafa Association, the...