Business
Business
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…
Pakistani Banks Charge Extra Fees on Large Deposits to Evade New Tax
To circumvent a government-imposed tax, commercial banks have started charging a fee on deposits exceeding specific thresholds, ranging from Rs1…
PM Shehbaz Sharif Awards Rs5 Million for Fraud Prevention Efforts
Prime Minister Shehbaz Sharif awarded an officer a Rs5 million cash prize on Thursday for thwarting a fraud attempt as…
Khurram Schehzad Appointed as Financial Adviser to Finance Minister
Khurram Schehzad, a seasoned investment banker, has been named adviser to Finance Minister Mohammad Aurangzeb on financial reforms. This appointment…
Government Plans to Slash Solar Net Metering Rates, Threatening Growth
The federal government is considering a major cut in the solar net metering tariff, which could potentially discourage rooftop solar…
KSE-100 Index Hits Milestone 97,000 as Market Sentiment Improves
The Pakistan Stock Exchange (PSX) experienced a notable resurgence of bullish activity on Thursday, with the benchmark KSE-100 Index surpassing…
Jeff Bezos’ Wealth Reaches $228 Billion as Amazon Stock Soars
Jeff Bezos' net worth has soared to an unprecedented $228 billion, according to the Bloomberg Billionaires Index. This marks a…
Azerbaijan’s $3 Billion Investment Boosts Pakistan’s Economy
Azerbaijan has committed to investing up to $3 billion in various sectors of Pakistan's economy. Prime Minister Shehbaz Sharif announced…