Business News

  • Rate-cut bets buoy PSX above 91,000 points in early intraday rally

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    [ad_1] Brokers discuss as they look at an index board showing the latest share prices at the PSX in Karachi on November 28, 2023. — Online Stocks on Monday blasted off to a new record intraday high above 91,000 points,…

  • Finance minister reports positive meetings with stakeholders in US

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    [ad_1] Finance Minister Muhammad Aurangzeb (right) and State Bank of Pakistan Governor Jameel Ahmed in a meeting in Washington, US. —Radio Pakistan/ File ISLAMABAD: Finance Minister Muhammad Aurangzeb on Sunday said meetings with stakeholders in the United States remained were positive…

  • Aurangzeb urges tax reforms, energy subsidy cuts to address challenges

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    [ad_1] Finance Minister Muhammad Aurangzeb pictured during his meeting with President Asian Development Bank Masatsugu Asakawa on the sidelines of IMF-WB Annual Meetings on October 25, 2024. — X@Financegovpk ISLAMABAD: Finance Minister Muhammad Aurangzeb, while speaking at an event on the…

  • Nepra okays Rs3.03 per unit tariff hike for Karachi power consumers

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    [ad_1] A general view of K-Electric head office in Karachi. — K-Electric website/File The National Electric Power Regulatory Authority (Nepra) on Friday announced a hike of Rs3.03 per unit for the K-Electric consumers under fuel charges adjustment (FCA) of July…

  • China to offer ‘tariff-free trade to Afghanistan’

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    [ad_1] Taliban’s acting commerce minister Haji Nooruddin Azizi sits next to flags of Afghanistan and China, during an interview, at the Embassy of Afghanistan in Beijing, China, on October 19, 2023. — Reuters Beijing’s envoy to Kabul announced on Thursday…

  • Pakistan reaffirms commitment to issuing maiden Panda Bond

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    [ad_1] The Pakistani delegation led by Finance Minister Muhammad Aurangzeb (2nd left) in a meeting with UK Minister of State for Development, Women and Equalities Ms. Anneliese Dodds in Washington on October 24, 2024. —Instagram/ @finance_ministry ISLAMABAD: During meetings with the leaders of…

  • PSX surpasses 90,000 mark on positive economic indicators

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    [ad_1] Two investors can be seen discussing in front of the digital stock board at the Pakistan Stock Exchange. — AFP/File The Pakistan Stock Exchange (PSX) has surpassed the 90,000-point psychological milestone, spurred by favorable economic indicators that are enhancing…

  • Pakistan requests $1bn in IMF climate cash, sees reserves rising

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    [ad_1] Finance Minister Muhammad Aurangzeb is interviewed by Karin Strohecker, Reuters Chief Correspondent Emerging Markets, during the G20 Finance Ministers and Central Bank Governors’ Meeting in Washington, April 18, 2024. — Reuters  WASHINGTON: Finance Minister Muhammad Aurangzeb said that Pakistan…

  • PSX tops 89,000 points to hit all-time intraday high on rate cut bets

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    [ad_1] A broker talks on the phone at the Pakistan Stock Exchange in Karachi on May 20, 2024. — PPI Pakistan Stock Exchange (PSX) hit an intraday high on Thursday, surpassing 88,400 points amid strong hopes that the central bank…

  • Minister Aurangzeb holds series of meetings in US

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    [ad_1] Finance Minister Muhammad Aurangzeb speaking at the Wilson Center in Washington DC on October 23, 2024. —Instagram/ @finance_ministry ISLAMABAD: Finance Minister Muhammad Aurangzeb participated in a number of high-level meetings on the sidelines of the World Bank-IMF Annual Meetings…