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PSX Sees Over 300 Point Drop Amid Political Uncertainty
The Pakistan Stock Exchange (PSX) witnessed a return of bearish trends on Monday, with the benchmark KSE-100 index losing over…
Unprecedented Hike in Chicken and Egg Prices
Chicken prices have soared dramatically in a startling economic development, reaching an unprecedented Rs600 per kilogram. This significant increase has…
SDPI Reveals Revenue Loss in Pakistan’s Cigarette Industry Due to Tax Shortfalls
The Sustainable Development Policy Institute (SDPI) has uncovered shortfalls in tax collection from the cigarette industry over the past seven…
Oil Prices Climb Amidst Middle East Tensions and Tanker Diversions
Oil prices increased on Friday, influenced by geopolitical developments and logistical challenges in the Middle East. Following air and sea…
PSX Rises over 500 Points on Approval of IMF Loan
The Pakistan Stock Exchange (PSX) witnessed consecutive gains on Friday, buoyed by the successful conclusion of the first review of…
Setback in Muzaffargarh Solar Project: No Bids Received Despite Incentives
A significant setback is that Muzaffargarh's 600-megawatt solar power project has failed to attract any bids despite the Private Power…
IMF Approves $700 Million Loan for Pakistan
The International Monetary Fund (IMF) has approved a $700 million loan tranche to Pakistan by the IMF's Executive Board after…
SEC Approves First U.S.-Listed Bitcoin ETFs, Ushering New Era in Crypto Investmen
The U.S. Securities and Exchange Commission (SEC) authorized the first U.S.-listed exchange-traded funds (ETFs) to track Bitcoin. This represents a…
Boeing Achieves Record-Breaking Sales in 2023 with Substantial Growth
Boeing, the renowned U.S. aircraft manufacturer, achieved a remarkable milestone in 2023, marking a 70% increase in annual net orders.…