Business

Business

Stock Market Concludes the Week on a Lower Note Amid Bleak Economic Outlook

On Friday, the stock market continued its losing streak from the previous day, closing lower due to a bleak economic…

2 Min Read

Sensitive Price Indicator Reflects Weekly Inflation Rise in Pakistan

Pakistan's weekly inflation, measured by the Sensitive Price Indicator (SPI), has risen by 1.30 percent for the combined consumption group…

2 Min Read

Apple Forecasts Continuation of Sales Decline in Q4

Apple Inc., in its latest financial forecast, anticipates a sales slump that could stretch into the next quarter. Despite surpassing…

4 Min Read

Surging Cotton Supplies Spark Hope for Pakistan’s Cotton Industry

Pakistani farmers' cotton supply to ginning factories has markedly increased, fueling optimism that this year's production may exceed 10 million…

2 Min Read

Rise in Retail Sugar Prices and its Impact on Consumers and Industry

Whole­­­sale prices have surged, leading to a substantial increase in the retail price of sugar, which now ranges from Rs150…

3 Min Read

Federal Government Announces New Surcharge on K-Electric Consumers

The federal government has imposed a Rs1.52 per unit surcharge on all K-Electric electricity consumers. This additional charge, applicable to…

3 Min Read

Pakistani Rupee Rebounds, Breaking Three-Session Losing Streak

The Pakistani Rupee rebounded against the US dollar on Thursday, breaking its three-session losing streak, per the State Bank of…

1 Min Read

Pakistan Stock Exchange Soars to 49000 Points, A Six-Year High

The bullish streak at the Pakistan Stock Exchange (PSX) carried on unabated on Thursday as favourable economic indicators helped push…

3 Min Read

Pakistan’s Inflation Rate Exceeds Predictions: July Figures Show a Surprising Surge

July saw an alarming surge in Pakistan's monthly inflation rate to 28.3%, surpassing market projections of 26%. This unexpected rise…

3 Min Read