Business

Business

KSE-100 Index Hits Four-Year High as Pakistani Rupee Rallies

The Pakistan Stock Exchange (PSX) witnessed a remarkable surge as the KSE-100 index soared beyond 50,500 points, a significant threshold…

2 Min Read

Nokia Announces Massive Job Cuts Amidst 5G Sales Slump

Nokia's sales have dropped 20%, primarily due to a reduced demand for 5G infrastructure; Nokia has announced a bold move…

3 Min Read

Temporary Production Halts Hit Major Pakistani Auto Manufacturers

Two leading automotive companies in Pakistan, Honda Atlas Cars and Pak Suzuki Motor Company (PSMC), have declared a temporary cessation…

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Pakistani Rupee Plummets by Rs3.26 Against Dollar

On Wednesday, the Pakistani rupee experienced a significant devaluation against the dollar, falling by Rs3.26 or 1.16%, leading to a…

3 Min Read

Pakistan’s Elite to Benefit from Hidden Gas Subsidies Amidst Consumer Price Hikes

In a significant policy shift that has sparked controversy, the Pakistani government has proposed substantial hidden gas subsidies for the…

3 Min Read

Honda Announces Major Price Cuts on Top Motorcycle Models

Honda Motorcycle Company has recently thrilled motorcycle fans nationwide with the announcement of substantial price cuts on its premier models,…

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Pakistan Stock Exchange’s KSE-100 Hits 50,000, Marking a 6-Year High

On Tuesday, the benchmark KSE-100 index of the Pakistan Stock Exchange momentarily eclipsed the 50,000 threshold, marking a significant achievement…

2 Min Read

Rupee Rises Sharply: US Dollar Down by Rs1.28 in Interbank Market

The Pakistani rupee strengthened by Rs1.28 against the US dollar in Tuesday's interbank market, citing sources among forex dealers. The…

1 Min Read

Upcoming Gas Price Hike in Pakistan: A Measure to Tackle Circular Debt

Gas prices are poised for a steep increase of up to 100% across various consumer categories, a move aligned with…

2 Min Read