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SBP cuts key policy rate by 100bps to 12pc

SBP cuts key policy rate by 100bps to 12pc

The State Bank of Pakistan (SBP) announced on Monday that it had decided to cut its key policy rate by 100 basis points (bps) to 12 per cent from 13pc...

yesterday 20

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PM Shehbaz thanks World Bank for placing faith in Pakistan, inking new partnership programme

PM Shehbaz thanks World Bank for placing faith in Pakistan, inking new partnership programme

Prime Minister Shehbaz Sharif on Thursday thanked the World Bank for placing faith in Pakistan after pledging to provide $20 billion under the 10-year...

24.01.2025 100

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SIFC focusing on promoting investment in country

SIFC focusing on promoting investment in country

Special Investment Facilitation Council is focusing on promoting investment in the country, a day after the body’s executive committee stressed the...

24.01.2025 60

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India and US trying to arrange Modi meeting with Trump next month

India and US trying to arrange Modi meeting with Trump next month

Indian and American diplomats are trying to arrange a meeting in February between Indian Prime Minister Narendra Modi and US President Donald Trump in...

23.01.2025 70

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India mulls lower tariffs, more imports to counter Trump’s tariff threat: report

India mulls lower tariffs, more imports to counter Trump’s tariff threat: report

Indian and American diplomats are trying to arrange a meeting in February between Indian Prime Minister Narendra Modi and US President Donald Trump in...

23.01.2025 40

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‘What about the others?’ Legal eagles weigh in on Al-Qadir Trust case verdict

‘What about the others?’ Legal eagles weigh in on Al-Qadir Trust case verdict

"The problem with trials such as this is the perception of victimisation that denudes it of it's legitimacy," said lawyer Basil Nabi Malik.

17.01.2025 20

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UAE rolls over $2bn deposits, SBP confirms

UAE rolls over $2bn deposits, SBP confirms

The State Bank of Pakistan on Thursday confirmed the rollover of two deposits of $1 billion each for another year by the United Arab Emirates. The...

17.01.2025 20

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UAE rolls over $2bn loan, SBP confirms

UAE rolls over $2bn loan, SBP confirms

The State Bank of Pakistan on Thursday confirmed the rollover of two deposits of $1 billion each for another year by the United Arab Emirates. The...

17.01.2025 20

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Govt hikes petrol price by Rs3.47, high-speed diesel by Rs2.61

Govt hikes petrol price by Rs3.47, high-speed diesel by Rs2.61

The federal government on Wednesday hiked the petrol price by Rs3.47 per litre and that of high-speed diesel (HSD) by Rs2.61 per litre for the next...

16.01.2025 20

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Power Minister Awais says tariff for electric charging stations cut by 45pc to Rs39

Power Minister Awais says tariff for electric charging stations cut by 45pc to Rs39

Power Minister Awais Leghari on Wednesday said that the government had made the “critical” decision to make electric vehicles (EVs) more available...

16.01.2025 20

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Nestle, Unilever, and PIA, among ‘happiest workplaces’ in Pakistan: report

Nestle, Unilever, and PIA, among ‘happiest workplaces’ in Pakistan: report

The World’s Happiest Workplaces 2025 list published on Tuesday named Nestle, Unilever, and Pakistan International Airlines (PIA) among the happiest...

15.01.2025 40

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Aurangzeb eyes joint ventures, secondary listings in Hong Kong: report

Aurangzeb eyes joint ventures, secondary listings in Hong Kong: report

Finance Minister Muhammad Aurangzeb has said that Pakistan was looking to explore more joint ventures with Hong Kong and secondary listings for its...

15.01.2025 20

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Aurangzeb says country making progress on Panda bonds: report

Aurangzeb says country making progress on Panda bonds: report

Finance Minister Muhammad Aurangzeb on Monday has said that the country is preparing to launch yuan-denominated bonds (panda bonds) this year to shore...

14.01.2025 30

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Country’s debt level, balance of payments under control, says SBP governor

Country’s debt level, balance of payments under control, says SBP governor

The State Bank of Pakistan (SBP) Governor Jameel Ahmed on Thursday said the country was meeting its economic targets, with its debt level and balance...

10.01.2025 30

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Country’s debt level still sustainable, balance of payment under control: SBP governor

Country’s debt level still sustainable, balance of payment under control: SBP governor

The State Bank of Pakistan (SBP) Governor Jameel Ahmed on Thursday said the country was meeting its economic targets, with its debt level and balance...

10.01.2025 20

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PM Shehbaz stresses need to honour IMF commitments

PM Shehbaz stresses need to honour IMF commitments

Prime Minister Shehbaz Sharif on Wednesday stressed the need to honour the International Monetary Fund (IMF) commitments, insisting that the...

09.01.2025 20

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PM Shehbaz arrives in Karachi on day-long visit

PM Shehbaz arrives in Karachi on day-long visit

Prime Minister Shehbaz Sharif on Wednesday stressed the need to honour the International Monetary Fund (IMF) commitments, insisting that the...

09.01.2025 10

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Bears at PSX lose steam midway as shares make marginal losses

Bears at PSX lose steam midway as shares make marginal losses

Bears continued their stampede on Tuesday on the trading floor as shares at the Pakistan Stock Exchange (PSX) declined by more than 200 points. The...

08.01.2025 8

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UAE agrees to roll over payment of $2bn due by Pakistan

UAE agrees to roll over payment of $2bn due by Pakistan

Prime Minister Shehbaz Sharif on Tuesday announced that the United Arab Emirates (UAE) had agreed to roll over the payment of $2 billion due by...

08.01.2025 50

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Shares at PSX lose over 700 points in intraday trade

Shares at PSX lose over 700 points in intraday trade

Bears continued their stampede on Tuesday on the trading floor as shares at the Pakistan Stock Exchange (PSX) declined by more than 200 points. The...

08.01.2025 8

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Shares at PSX gain 100 points amid mixed economic indicators

Bulls continued to dominate the trade floor on Thursday at the Pakistan Stock Exchange (PSX) as shares increased by more than 100 points amid mixed...

03.01.2025 5

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Bulls celebrate new year with all-time high rally

Bulls celebrated new year at the Pakistan Stock Exchange (PSX) with a new 1,800 point rally on Wednesday, crossing the barrier of 117,000. The...

02.01.2025 20

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Bulls celebrate new year with 1,500-point rally

Bulls celebrated new year at the Pakistan Stock Exchange (PSX) with a new 1,800 point rally on Wednesday, crossing the barrier of 117,000. The...

02.01.2025 20

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Bulls celebrate new year with 1,500-rally

Bulls celebrated new year at the Pakistan Stock Exchange (PSX) with a new 1,800 point rally on Wednesday, crossing the barrier of 117,000. The...

02.01.2025 20

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Govt unveils ‘Uraan Pakistan’ 5-year transformation plan for economy

Prime Minister Shehbaz Sharif formally unveiled the National Eco­nomic Transforma­tion Plan 2024-29 on Tuesday called “Uraan Pakistan:...

01.01.2025 30

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Govt set to unveil ‘Uraan Pakistan’ 5-year transformation plan for economy

Prime Minister Shehbaz Sharif formally unveiled the National Eco­nomic Transforma­tion Plan 2024-29 on Tuesday called “Uraan Pakistan:...

01.01.2025 30

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Aurangzeb calls for unity to boost tax-to-GDP ratio across all sectors

Finance Minister Muhammad Aurangzeb on Sunday said that all sectors would have to contribute towards increasing the country’s tax-to-GDP ratio,...

30.12.2024 30

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PM Shehbaz orders ensuring steady gas supply to domestic users during winters

Prime Minister Shehbaz Sharif on Friday directed authorities to ensure an uninterrupted gas supply to domestic consumers during the winter season...

28.12.2024 10

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Focus is ‘top 5pc’, says FBR chairman as govt aims to curb tax evasion

Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial on Thursday said that the purpose of carrying out end-to-end digitisation of the...

27.12.2024 7

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Bulls rampant at PSX as shares climb 4,000 points, marking 2nd highest single-day gain

Bullish momentum continued at the Pakistan Stock Exchange (PSX) as shares climbed more than 4,000 points on Monday. The benchmark KSE-100 index...

24.12.2024 10

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Bulls rampant at PSX as shares climb 4,000 points in intraday trade

Bullish momentum continued at the Pakistan Stock Exchange (PSX) as shares climbed more than 4,000 points on Monday. The benchmark KSE-100 index...

24.12.2024 6

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Bulls rampant at PSX as shares climb 3,000 points in intraday trade

Bullish momentum continued at the Pakistan Stock Exchange (PSX) as shares climbed more than 4,000 points on Monday. The benchmark KSE-100 index...

24.12.2024 5

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PSX marks impressive 3,200-point recovery a day after record drop in shares

Bulls managed to regain hold of the trade floor after three days as shares at the Pakistan Stock Exchange (PSX) surged by over 3,200 points on...

21.12.2024 6

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PSX climbs nearly 3,000 points in intraday trade as bulls return a day after record drop in shares

Bulls managed to regain hold of the trade floor after three days as shares at the Pakistan Stock Exchange (PSX) surged by over 3,200 points on...

21.12.2024 8

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At D-8 Cairo summit, PM Shehbaz says investing in youth crucial for Pakistan’s socioeconomic progress

Speaking at the 11th Summit of the Developing Eight (D-8) countries in Cairo, Prime Minister Shehbaz Sharif on Thursday stressed that investing in...

20.12.2024 5

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PTI civil disobedience: Imran warns 1st phase to kick off Sunday if ‘legitimate demands’ unmet

PTI founder Imran Khan on Thursday warned that the first phase of the party’s civil disobedience movement — boycotting remittances — would kick...

20.12.2024 10

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Shares at PSX shed nearly 3,800 points on SBP projections

Bears continued to dominate the trade floor on Wednesday at the Pakistan Stock Exchange (PSX) as shares declined by nearly 3,800 points, two days...

19.12.2024 10

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Shares at PSX continue downward trajectory on SBP projections

Bears continued to dominate the trade floor on Wednesday at the Pakistan Stock Exchange (PSX) as shares declined by nearly 3,800 points, two days...

19.12.2024 9

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Measures against illegal dollar trade boosted remittances: report

Pakistan’s clampdown against the illegal foreign-exchange trade have significantly improved remittances, Bloomberg reported on Tuesday....

18.12.2024 4

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Measures against illegal dollar boosted remittances, says report

Pakistan’s clampdown against the illegal foreign-exchange trade have significantly improved remittances, Bloomberg reported on Tuesday....

18.12.2024 8

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SBP cuts key policy rate by 200bps to 13pc

The State Bank of Pakistan (SBP) announced on Monday that it had decided to cut its key policy rate by 200 basis points (bps) to 13 per cent from...

17.12.2024 10

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SBP’s MPC to decide new policy rate today amid calls for massive cut

The State Bank of Pakistan (SBP) announced on Monday that it had decided to cut its key policy rate by 200 basis points (bps) to 13 per cent from...

17.12.2024 10

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Shares at PSX make marginal gains after trading in red in intraday trade

Bears took over the trade floor at the Pakistan Stock Exchange (PSX) on Friday as shares plunged 1,200 points in intraday trade before recovering...

14.12.2024 10

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Bears return to PSX as shares plunge 1,200 points in intraday trade

Bears took over the trade floor at the Pakistan Stock Exchange (PSX) on Friday as shares plunged 1,200 points in intraday trade before recovering...

14.12.2024 20

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Bears return to PSX as shares plunge 1,200 points in intraday trade after unabated rally

Bears took over the trade floor at the Pakistan Stock Exchange (PSX) on Friday as shares plunged 1,200 points in intraday trade before recovering...

14.12.2024 10

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SC’s order green lights military courts, detrimental to civilian rights, lawyers warn

In a landmark move fraught with legal and political implications,the Supreme Court (SC) has conditionally greenlit military courts to announce...

13.12.2024 30

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China keen to invest $1bn in medical city, economic sectors

A Chinese business delegation met with President Asif Ali Zardari in Karachi on Thursday and expressed interest in investing $1 billion in a...

13.12.2024 10

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New record-high at PSX as KSE-100 zooms past 114,000

Shares at the Pakistan Stock Exchange (PSX) continued their record-setting streak on Thursday as the KSE-100 index climbed more than 3,000 points...

13.12.2024 9

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Mark Zuckerberg’s Meta donates $1m to Trump’s inaugural fund

Meta Plat­forms has donated $1 mil­lion to pres­id­ent-elect Don­ald Trump’s inaug­ural fund, the latest step by CEO Mark Zuck­er­berg to...

13.12.2024 4

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New record-high at PSX as KSE-100 zooms past 113,000 in intraday trade

Shares at the Pakistan Stock Exchange (PSX) continued their record-setting streak on Thursday as the KSE-100 index climbed more than 3,000 points...

13.12.2024 8

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