Business

Business

PSX Opens Lower as Investors Book Profits After Rally

The Pakistan Stock Exchange (PSX) opened Thursday's session lower as investors opted to take profits following a prolonged market rally.…

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IMF Approves Rs150 Billion Tax Target Reduction for Pakistan

The International Monetary Fund (IMF) has agreed to lower Pakistan's tax collection goal by Rs150 billion. This decision considers the…

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Gold Prices Crash 5.7% to $4,109 as Bitcoin Hits Record $114,000

Gold prices fell sharply by 5.7%, marking the largest single-day decline since April 2013. They closed at $4,109 per ounce,…

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Pakistan Economy to Grow 3.5% in FY26 Despite Floods, Says FinMin

Finance Minister Aurangzeb forecasts 3.5% GDP growth for FY26, with a $1.2 billion IMF tranche, single-digit inflation, and CPEC Phase…

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KSE-100 Index Rises 1.31% on IMF Deal and Current Account Surplus

The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued its bullish trend, closing at 168,197.47 after an increase…

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Oil Prices Dip on US-China Trade Tensions and Stockpile Fears

Oil prices experienced a slight decline of 0.2% as investors expressed concerns over US-China trade tensions and increasing stockpiles. The…

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KSE-100 Index Climbs 0.94% on Afghanistan Ceasefire and IMF Deal Optimism

The Pakistan Stock Exchange (PSX) benchmark KSE-100 Index extended its recovery, closing at 165,348.04 after gaining 1,541.83 points, or 0.94%,…

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Pakistan Revises Barter Trade Mechanism with Iran, Russia, Afghanistan

Pakistan’s Ministry of Commerce issued a notification revising the Business-to-Business (B2B) Barter Trade Mechanism with Iran, Russia, and Afghanistan. The…

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IMF Cannot Impose Conditions Against Pakistan’s National Interest

WASHINGTON: Finance Minister Muhammad Aurangzeb has reaffirmed that the International Monetary Fund (IMF) cannot impose any condition that undermines Pakistan’s…

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