Business

Business

National Savings Schemes Rates Cut: Sarwa Islamic Term Account Down by 1.22%

The government has declared a decrease in the returns of various National Savings Schemes, suggesting potential changes in the forthcoming…

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The $5 Billion Loss: Pakistan’s Struggle with Gemstone Smuggling

On Friday, a parliamentary committee on commerce disclosed that Pakistan had incurred a $5 billion loss due to gemstone smuggling.…

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PSX Surges by Over 800 Points as SBP Cuts Key Policy Rate

Shares at the Pakistan Stock Exchange (PSX) surged by more than 800 points on Friday following the State Bank of…

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Pakistan and Russia to Sign MoU to Boost Agricultural Productivity

Pakistan and Russia are poised to sign a Memorandum of Understanding (MoU) to bolster agricultural cooperation. The MoU aims to…

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IMF to Review Pakistan’s $7 Billion Loan Request on September 25

The International Monetary Fund (IMF) has scheduled a board meeting for September 25 to review Pakistan's request for a $7…

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Pakistani Startups DealCart and NayaPay Make Forbes’ Asia 100 to Watch List

Two Pakistani startups, DealCart and NayaPay, have earned places on Forbes' Asia 100 to Watch 2024 list, highlighting the country's…

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State Bank of Pakistan Cuts Key Policy Rate by 200bps

The State Bank of Pakistan’s Monetary Policy Committee (MPC) has decided to lower its key policy rate by 200 basis…

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Gold Prices in Pakistan Hit Record High Amid Global Trends

Gold prices in Pakistan reached a record high of Rs264,000 per tola (11.66 grams), marking a single-day increase of Rs2,300.…

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Indus Motors Slashes Prices on Corolla Cross Range

Indus Motors has announced a significant price reduction for its Corolla Cross range. The company revealed these discounts via a…

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