Business News
-
In a first, KSE-100 shoots past 66,000 mark
.
[ad_1] A woman takes pictures of the electronic board displaying data at the Pakistan Stock Exchange in Karachi, on December 21, 2022. — PPI KARACHI: Stocks rallied the Pakistan Stock Exchange (PSX) on Friday for the 11th consecutive session to…
-
Govt poised to float Rs30b Sukuk at PSX | The Express Tribune
.
[ad_1] KARACHI: In a first, the Pakistan Stock Exchange (PSX) is all set to facilitate the government in raising Rs30 billion through the auction of one-year Ijarah Sukuk on Friday (today), potentially at a lower rate of return, which the…
-
Revenue spike helps contain deficit | The Express Tribune
.
[ad_1] ISLAMABAD: A one-off sudden spike in non-tax revenues has helped the government restrict the budget deficit to just Rs900 billion during the first four months of this fiscal year, despite a surge in interest payments to a staggering Rs2.3…
-
Top IMF official sees improvement in Pakistan’s economic situation
.
[ad_1] Pakistan’s Ambassador Masood Khan (centre) addressing an event along with officials of IFIs at Pakistan House in Washington on December 7, 2023. — X/@Masood__Khan A top International Monetary Fund (IMF) official has praised Pakistani authorities for delivering on the…
-
Proud moment for Pakistan: Fatima Fertilizer’s | The Express Tribune
.
[ad_1] With its innovative “Salam Kissan” campaign, Fatima Fertilizer has once again earned international acclaim and won the prestigious Drum Award 2023 in London, in the category, “Social Purpose: Social Media ”. With the slogan “Life without Kissan (Farmers),” the…
-
Finance Ministry opposes new power sector management proposal | The Express Tribune
.
[ad_1] ISLAMABAD: The finance ministry has not supported an official proposal to appoint senior armed forces officers as heads of new Performance Management Units (PMUs) in the rotten power distribution companies to improve their management. But the finance ministry backed…
-
US trade deficit widens in Oct as exports fall amid inflation curbs — What’s next?
.
[ad_1] A container ship enters the Port of Los Angeles in San Pedro, California, US on Feb, 1, 2021. — AFP/File The world’s largest economy’s total trade deficit increased by 5.1% to $64.3 billion in October, up from a revised…
-
Top 10 US cities for affordable houses now include Los Angeles
.
[ad_1] A long-shot of a US house. — X/@bakerjarvis Realtor.com recently released a 2024 affordability estimate, which highlighted US mortgage rates reducing and property prices falling as well as created a list of markets where “activity” will be highest. Experts…
-
Bulls hold sway as KSE-100 crosses 63,000 milestone
.
[ad_1] A representational image of the Pakistan Stock Exchange (PSX) building. — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday continued to maintain the bullish trend as the KSE-100 index crossed the 63,000 mark over the expected reduction in…
-
ADB approves nearly $659m loan for Pakistan
.
[ad_1] An image of the headquarters of the Asian Development Bank (ADB). — ADB website The Asian Development Bank (ADB) has approved three projects worth $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and…
