Business
Business
Pakistan Banks Defend Remittance Incentives Amid Misleading Claims
The Pakistan Banks Association (PBA) defended the Pakistan Remittance Initiative (PRI), refuting incorrect media claims that government subsidies to banks…
Pakistan Leads Global Decline in Sovereign Default Risk, Bloomberg Reports
On June 28, 2025, Bloomberg Intelligence’s Global Emerging Market Rankings highlighted Pakistan’s remarkable achievement as the world’s most improved economy…
PSX KSE-100 Surges 1,581 Points as Budget Approval Boosts Sentiment
On June 27, 2025, the Pakistan Stock Exchange (PSX) showcased a robust performance, with the KSE-100 Index climbing 1,581.77 points,…
PSX KSE-100 Drops 715 Points as Profit-Taking Halts Rally
The Pakistan Stock Exchange (PSX) faced selling pressure on June 26, 2025, ending a two-day rally. The benchmark KSE-100 index…
PSX Gains 515 Points as KSE-100 Hits 122,761 Amid Economic Optimism
On June 25, 2025, the Pakistan Stock Exchange (PSX) continued its bullish run, with the KSE-100 Index closing at 122,761.64,…
Trump Allows China to Buy Iranian Oil Post-Ceasefire, Maintains U.S. Sanctions
President Donald Trump announced that China could continue purchasing Iranian oil following a ceasefire between Israel and Iran, a statement…
PSX Soars 5.58% After Iran-Israel Ceasefire Boosts Investor Confidence
The Pakistan Stock Exchange (PSX) experienced a remarkable rally on June 24, 2025, with the KSE-100 Index surging 6,479.11 points,…
K-Electric Tariff Relief: NEPRA to Review Rs4.69/Unit Cut for Karachi Consumers
NEPRA is set to review K-Electric's request for a Rs 4.69 per unit tariff reduction, which could relieve Karachi consumers.…
Pakistan Resolves Circular Debt with Rs1.275T Islamic Financing Deal
Pakistan’s government announced a historic Rs1.275 trillion Islamic financing agreement to eliminate circular debt in the power sector. Khurram Shehzad,…