Business

Business

UnitedHealth CEO Andrew Witty Steps Down, Stephen Hemsley Returns

UnitedHealth Group announced on May 13, 2025, that CEO Andrew Witty is stepping down for unspecified “personal reasons,” with former…

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Pakistan Stock Exchange Soars Past 120,000 as Ceasefire and IMF Boost Confidence

The Pakistan Stock Exchange (PSX) extended its bullish run on May 13, 2025. The KSE-100 Index exceeded 120,000 points during…

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Pakistan’s Federal Debt Surges 12.7% to Rs73.69 Trillion, SBP Reports

The State Bank of Pakistan (SBP) reported a record 12.7% year-on-year increase in federal government debt, reaching Rs73.69 trillion in…

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Pakistan Stock Exchange Surges 9,928 Points as India-Pakistan Ceasefire

The Pakistan Stock Exchange (PSX) experienced a historic rally on May 12, 2025. The benchmark KSE-100 index surged 9,928 points,…

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Pakistan’s Budget 2025 to Feature Major Tax Relief, Withholding Tax Removal

Pakistan’s federal government is poised to unveil significant tax reforms in Budget 2025, including removing withholding tax on raw materials…

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Pakistan’s Defence Savings Certificates Offer 12.15% Profit Rate for May 2025

The Central Directorate of National Savings (CDNS) has confirmed a competitive 12.15% profit rate for Defence Savings Certificates (DSCs) in…

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Gold Prices in Pakistan Drop for Second Day Amid Global Decline

Gold prices in Pakistan fell for the second consecutive day on Friday, May 9, 2025, aligning with a global downward…

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Pakistan Stock Exchange Rebounds with 2.33% Gain After Historic Losses

The Pakistan Stock Exchange (PSX) opened positively on Friday, May 9, 2025, rebounding from Thursday’s historic 6% plunge. The benchmark…

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Bitcoin Hits PKR 27.9M in Pakistan as Trump Win Fuels Crypto Surge

On May 8, 2025, Bitcoin’s price surged to PKR 27,969,316.02 in Pakistan, fueled by a crypto boom following the Trump…

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