Business
Business
PSX drops by 613 points in early trade
Early Thursday morning, Pakistan Stock Exchange (PSX) shares dropped more than 600 points. The benchmark KSE-100 index was down 613.5…
Due to dollar storage, FBR has put in place new rules for passengers
Due to dollar scarcity, the Federal Board of Revenue (FBR) FBR has imposed new limitations on travelers. Due to a…
Pre-booking for MG Motors’ Pakistan-assembled vehicle begins: Javed Afridi
MG Motors Pakistan has begun pre-bookings for their 1.5L Turbo Engine MG HS Essence. Previously, the firm imported CBUs to…
First time gold tops Rs170,000 per tola
First time in Pakistan's history, the gold price topped Rs170,000 per tola after a 1% hike in line with international…
Pakistan’s Auto sales drop 39%
Even though auto sales increased for cars, jeeps, and pickups in November 2022, overall vehicle sales fell 39% in the…
Summit Bank investors ask for deal modifications
The Summit Bank's majority investor suggested lowering the amount of additional capital injection on Monday. The UAE-based investor, Nasser Abdulla…
Pakistan expects multibillion-dollar support from Saudi Arabia
Pakistan will likely secure a multibillion-dollar financial support package from long-time ally Saudi Arabia this month, two sources said, as…
Pakistani Rupee’s decline reaches 6th day
Pakitan rupee's slide against the dollar entered its sixth day, falling 0.11 percent in interbank trade due to low foreign…
ECC approves Reko Diq’s $900m escrow account
After the Supreme Court of Pakistan approved the multibillion-dollar Reko Diq project contract, the Cabinet's Economic Coordination Committee (ECC) recommended…