Business
Business
State Bank of Pakistan Sets New Profit Sharing Guidelines for Islamic Banks
The State Bank of Pakistan has mandated that Islamic Banking Institutions (IBIs) pay profit on their PKR saving deposits at…
Gold Prices Plummet: Pakistan Witnesses Rs4,300 Drop
Gold prices experienced a notable drop on Monday after a week of gains, reflecting global trends. In Pakistan, precious metal…
Elon Musk’s Net Worth Hits $348 Billion, Setting New Wealth Record
Tesla CEO Elon Musk has achieved a record-breaking milestone in personal wealth, now estimated at $348 billion. According to the…
Pakistan’s Shutdowns Drain Rs190 Billion Daily Amid Political Unrest
Pakistan faces significant economic losses daily, totalling approximately Rs190 billion, primarily due to opposition-led protests or government decisions to close…
Huawei Targets 100,000 Apps for Harmony OS to Boost Self-Reliance
Huawei announced on Saturday its goal to secure 100,000 applications for its Harmony OS operating system in the coming months…
Surge in Gold Prices: Trends and Impact Analysis
Gold prices have been steadily climbing in both international and domestic markets, and the upward trend persisted through the weekend.…
Non-Solar Consumers Bear Rs200 Billion Burden Due to Solar Expansion
The study "The Distributed Divide—How Solar Expansion Affects Non-Adopting Consumers and Utility Economics," released by Arzachel, discloses a staggering burden…
Hyundai Recalls 145,000 Electric Vehicles Over Drive Power Issue
Hyundai Motor, the renowned South Korean automaker, is initiating a recall of approximately 145,235 electric vehicles in the United States…
KSE-100 Index Soars to Record 99,091, Marking Historic Surge in PSX
On Friday, the Pakistan Stock Exchange (PSX) maintained its bullish momentum, with the KSE-100 index surging by 1,762.80 points, or…