Business News
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272 start-ups graduate from NIC | The Express Tribune
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[ad_1] ISLAMABAD: Start-ups numbering 272 have graduated from Ignite’s National Incubation Centre with total investment commitment of Rs8 billion and cumulative revenue of Rs3 billion, said Federal Minister for Information Technology and Telecommunication Syed Aminul Haque. Speaking at the “Accelerator…
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Pakistan yet to take full advantage of GSP+ | The Express Tribune
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[ad_1] KARACHI: Pakistan’s Generalised Scheme of Preferences (GSP+) status is about to end in December 2023, but the country is yet to take full advantage of the scheme. Contrary to the objective of GSP+ status, ie trade diversification, Pakistan is…
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PM Shehbaz Sharif orders ‘complete ban’ on sugar export
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[ad_1] Prime Minister Shehbaz Sharif. -The News/File ISLAMABAD: Prime Minister Shehbaz Sharif on Monday imposed a “complete ban” on the export of sugar to stabilised the stock and price of the commodity in the country. The prime minister also ordered…
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Market watch: Falling rupee drags index down | The Express Tribune
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[ad_1] KARACHI: Bears held their ground and dominated trading at the Pakistan Stock Exchange on Monday, as the benchmark KSE-100 index plummeted by 1,448 points after staying in the negative region throughout the day. Dwindling macroeconomic indicators amid continuous fall…
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Market watch: Stocks plunge on falling rupee | The Express Tribune
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[ad_1] KARACHI: Bears pushed bulls to the sidelines and firmly dominated trading at the Pakistan Stock Exchange on Monday, as the benchmark KSE-100 index plummeted by 1,448 points after staying in the negative zone throughout the day. Weakening macroeconomic indicators…
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PSX update: KSE-100 falls by over 1,300 points during intraday trade
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[ad_1] A trader can be seen at the Pakistan Stock Exchange (PSX) building in Karachi. Photo: PPI/Files KARACHI: Stocks took a hit on Monday as the benchmark KSE-100 Index plunged over 1,300 points to 43,239 during intraday trade. More to…
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PM Shehbaz imposes ban on sugar export | The Express Tribune
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[ad_1] Prime Minister Shehbaz Sharif on Monday imposed a complete ban on the export of sugar in the country. The premier made the announcement through his official Twitter handle. “Given the domestic demand, I have ordered a complete ban on…
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PSX bleeds over 1,000 points amid political uncertainty | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) declined by over 1,000 points on Monday as investors resumed the selling spree owing to economic uncertainty and political turmoil in the country. The PSX benchmark KSE-100 Index was down by over 2…
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Bitcoin falls to 22-month low as stock markets tumble | The Express Tribune
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[ad_1] HONG KONG/ LONDON: Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. Bitcoin dropped to as…
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Lack of proper public transport system | The Express Tribune
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[ad_1] KARACHI: At a time when demand for locally manufactured buses is extremely low and the original equipment manufacturers (OEMs) struggle to bear costs and keep running their plants, the transport system and infrastructure has not provided any relief either….
