Business

Business

IMF Optimistic Global Economic Growth, Upgrades 2024 Forecast

The IMF has slightly raised its global economic growth forecast, reflecting a positive shift in the United States and China's…

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PSX Plummets Over 900 Points Amid Political Uncertainty and Foreign Selling

The Pakistan Stock Exchange (PSX) witnessed significant losses on Tuesday. The KSE-100 index dropped sharply by over 900 points, marking…

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Budget Deficit Skyrockets Over 50% in Pakistan Amid Economic Strain

Pakistan's budget deficit has expanded by over 50% due to a surge in interest payments, which reached Rs4.2 trillion in…

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Pakistan’s First Online and Physical Gold Trading Company Begins Operations

Pakistan will witness the inauguration of its first official online and physical gold trading company. This initiative is expected to…

1 Min Read

SBP to Replace Currency Notes in 2024 for Enhanced Security

In February 2024, the State Bank of Pakistan (SBP) will start replacing most current currency notes to reduce corruption and…

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IKEA Rolls Back Prices Worldwide, Targets Pre-Pandemic Levels

IKEA is lowering prices on select products in various countries, reversing 2022 hikes. This decision follows reduced costs and declining…

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Major Relief for Consumers as LPG Prices Drop Rs. 20/KG

Consumers have received good news: The price of Liquified Petroleum Gas (LPG) has dropped by Rs 20 per kilogram. This…

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SBP Holds Interest Rate Steady at 22%, Foresees Economic Stability

The State Bank of Pakistan (SBP) has decided to maintain its interest rate at 22%. SBP Governor Jameel Ahmad announced…

2 Min Read

PSX Plunges Over 700 Points Amid Market Uncertainties

The Pakistan Stock Exchange (PSX) witnessed a significant downturn on Monday, with the benchmark KSE-100 index losing over 700 points…

1 Min Read