Business
Business
Gold Prices Hit Record Highs as Global Demand and Inflation Drive Surge
Gold prices soared to record levels in both international and local markets on Thursday. This surge was fueled by robust…
Pakistan to Slash Electricity Tariff by Rs8 Per Unit
Pakistan will announce a Rs8 per unit reduction in the electricity tariff. Prime Minister Shehbaz Sharif will formally make the…
Pakistan Stock Exchange Hits All-Time 118,000 Points
The Pakistan Stock Exchange (PSX) witnessed a bullish rally as the benchmark KSE-100 index surged to an all-time high, nearing…
Pakistan Approves PIA Privatization Structure for Second Try
On Tuesday, Pakistan's Privatization Commission made a significant announcement by approving a plan to sell Pakistan International Airlines (PIA) for…
Pakistan Charges Rs 107 in Taxes Per Litre of Petrol
Pakistan's fuel prices are hitting consumers hard. Documents reveal that taxes, duties, and margins amount to Rs 107.12 per litre…
Pakistan’s Current Account Deficit Narrows to $12 Million in February 2025
Pakistan’s current account balance (CAB) recorded a deficit of $12 million in February 2025, a significant improvement from the $399…
Forever 21 Files for Bankruptcy Again, Starts Liquidation
Forever 21 filed for Chapter 11 bankruptcy on Sunday, marking its second filing in six years. The U.S. fast-fashion chain…
PSX KSE-100 Gains 700+ Points Despite IMF Delay
The Pakistan Stock Exchange (PSX) experienced a significant surge on Monday, with the KSE-100 index climbing by 759.91 points, or…
Oil Prices Surge as US Targets Houthis, Asia Stocks Rise
Oil prices surged on Monday, with Brent futures increasing by 1.06% to $71.33 per barrel. Meanwhile, US West Texas Intermediate…