Business
Business
Pakistani Rupee Rebounds, Breaking Three-Session Losing Streak
The Pakistani Rupee rebounded against the US dollar on Thursday, breaking its three-session losing streak, per the State Bank of…
Pakistan Stock Exchange Soars to 49000 Points, A Six-Year High
The bullish streak at the Pakistan Stock Exchange (PSX) carried on unabated on Thursday as favourable economic indicators helped push…
Pakistan’s Inflation Rate Exceeds Predictions: July Figures Show a Surprising Surge
July saw an alarming surge in Pakistan's monthly inflation rate to 28.3%, surpassing market projections of 26%. This unexpected rise…
New Chairman for FBR: Malik Amjad Zubair Tiwana Takes Helm
Malik Amjad Zubair Tiwana, a prominent Inland Revenue Service (IRS) officer, has been announced as the new Federal Board of…
Pakistani Rupee Breaks Winning Streak as Gold Prices Drop
On Monday, the Pakistani rupee slipped by 0.07%, or Rs0.19, to Rs286.64 against the US dollar in the inter-bank market,…
Significant Rise in Petroleum Product Prices Announced by Finance Minister
On Tuesday, Finance Minister Ishaq Dar publicly announced a significant increase of Rs19 in petroleum product prices. During a televised…
KSE-100 Index Peaks at a 24-month High: Signs of Robust Economic Recovery in Pakistan
The Pakistan Stock Exchange (PSX) crossed the 48,000 mark on Monday, following a peak unseen in the past 24 months,…
FRB Raises WHT on Credit or Debit Card Payments to Non-Residents by 400%
The Federal Board of Revenue (FBR) has dramatically increased 400% withholding tax (WHT) on payments made by non-resident individuals via…
Pakistan’s Forex Reserves Soar to $14B, Dar Told Senate
The foreign exchange reserves of Pakistan have seen a significant uptick from eight billion dollars to roughly 14 billion dollars,…