Business
Business
PTCL Set to Acquire Telenor Pakistan
The Pakistan Telecommunication Company Limited (PTCL) has greenlit the acquisition of Telenor Pakistan, a leading provider of cellular and digital…
US Dollar Strengthens Against Rupee Amidst Market Speculations
Recent times have seen the US dollar dominating exchange rates, leaving banks and forex companies powerless. Currency specialists argue that…
Downturn in Pakistan Stock Exchange: KSE-100 Index Drops Over 720 Points
The Pakistan Stock Exchange (PSX) experienced a downturn on Tuesday, with the main KSE-100 index shedding over 720 points in…
Pakistan’s Sugar Reserves Depletion: Unveiling the Reality and Immediate Counteractions
The interim government addressed a pressing concern: Pakistan's sugar reserves have shockingly reduced to just 2.3 MMT, insufficient to sustain…
Anticipated Rise in Petrol Rates Starting September 1st, 2023
The Oil and Gas Regulatory Authority (Ogra) is contemplating recommending an increase in petroleum product prices following a global surge…
Dollar Rate Differential Poses Hurdle for Pakistan’s IMF Agreement
The gap between the interbank and open market rates of the dollar is widening, posing a significant challenge for the…
DRAP Announces Price Surge for 25 Essential Medications amidst Inflation
On Wednesday, the Drug Regulatory Authority of Pakistan (DRAP) announced a price increase for 25 essential drugs, including those crucial…
PSX’s KSE-100 Index Gains Over 500 Points in Morning Trade
During Thursday's morning session, the Pakistan Stock Exchange’s (PSX) KSE-100 index surged over 500 points. By 11:00 a.m., the index…
PSO Profits Plunge by 90% in 2023 Amid Economic Challenges
Pakistan State Oil's (PSO) financial performance has witnessed a dramatic slump, with the company's net consolidated profit plummeting almost 90%…