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Nepra approves Rs2.83 per unit hike in FCA for May power bills

The National Electric Power Regulatory Authority (Nepra) on Wednesday authorised ex-Wapda distribution companies (XWDiscos) to levy a Rs2.83 per unit...

yesterday 10

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Can’t be dictated: FM Dar rules out US reservations on Pak-Iran gas pipeline

Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said the country could not be dictated and would consider only its own interests in...

previous day 20

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Emirates’ CEO kicks off mega travel, tourism exhibition in Dubai

Sheikh Ahmed bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority and CEO of flag carrier Emirates, has kicked off the mega travel...

previous day 10

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Saudi Arabia sees Pakistan as high priority opportunity, believes in its economic potential: Almubarak

Saudi government and companies consider Pakistan a high priority economic, investment and business opportunity, the Kingdom’s Deputy Investment...

monday 40

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Saudi Arabia considers Pakistan high priority economic opportunity, believes in its economic potential: Almubarak

Saudi government and companies consider Pakistan a high priority economic, investment and business opportunity, the Kingdom’s Deputy Investment...

monday 50

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Bears in control at PSX for third straight session as shares shed 400 points

Bears controlled the Pakistan Stock Exchange (PSX) for the third consecutive session this week as shares shed more than 400 points on Thursday...

02.05.2024 30

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Govt slashes petrol price by Rs5.45, high-speed diesel by Rs8.42

The government on Tuesday slashed the price of petrol and high-speed diesel (HSD) for the next fortnight by Rs5.45 and 8.42, respectively. In a...

30.04.2024 40

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SBP confirms receiving $1.1bn IMF tranche

The State Bank of Pakistan (SBP) on Tuesday said it had received the final $1.1 billion tranche from the International Monetary Fund under the...

30.04.2024 50

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Uber quits app in Pakistan; to operate through subsidiary brand Careem

Uber said on Tuesday that it had made the decision to cease operating its ride-hailing app in Pakistan. “We’ve made the decision to cease...

30.04.2024 70

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IMF’s $1.1bn tranche to help economic stability, says PM Shehbaz

Prime Minister Shehbaz Sharif said on Tuesday that the release of the final $1.1 billion tranche by the International Monetary Fund (IMF) under the...

30.04.2024 20

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SBP keeps policy rate unchanged for 7th consecutive session at 22pc

The State Bank of Pakistan (SBP) on Monday chose to maintain the status quo by upholding the key policy rate at 22 per cent for the seventh policy...

29.04.2024 80

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Pakistan is Riyadh’s priority for investment and trade, Saudi minister tells PM

In a meeting with Prime Minister Shehbaz Sharif, Saudi Commerce Minister Majid Al Kasabi on Monday said Pakistan was the kingdom’s “priority”...

29.04.2024 20

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PSX sheds 1,000 points ahead of policy rate announcement

Bearish momentum dominated the Pakistan Stock Exchange (PSX) on Monday as shares declined by 1,000 points ahead of the announcement of the monetary...

29.04.2024 30

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PSX sheds 700 points ahead of policy rate announcement

Bearish momentum dominated the Pakistan Stock Exchange (PSX) on Monday as shares declined by 700 points in intraday trade. Shortly after the opening...

29.04.2024 30

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KSE-100 index loses 700 points in intraday trade

Bearish momentum dominated the Pakistan Stock Exchange (PSX) on Monday as shares declined by 700 points in intraday trade. Shortly after the opening...

29.04.2024 40

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KSE-100 index loses 500 points in intraday trade

Bearish momentum dominated the Pakistan Stock Exchange (PSX) on Monday as shares declined by 500 points in intraday trade. Shortly after the opening...

29.04.2024 10

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In meeting with IMF chief, PM Shehbaz reiterates commitment to put economy back on track

Prime Minister Shehbaz Sharif informed the International Monetary Fund (IMF) Managing Director (MD) Kristalina Georgieva in a meeting on Sunday that...

28.04.2024 30

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WEF special meeting: PM Shehbaz highlights ‘global inequity’ in healthcare

Prime Minister Shehbaz Sharif on Sunday highlighted the “global inequity” in healthcare. He made the remarks while speaking at a panel discussion...

28.04.2024 40

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PM Shehbaz to attend WEF special meeting in Riyadh today

As Prime Minister Shehbaz Sharif is set to attend a special meeting of the World Economic Forum (WEF) on Sunday, the Islamic Development Bank (IDB)...

28.04.2024 20

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Power Division rubbishes reports of taxing solar power consumers

The Ministry of Energy’s Power Division (MEPD) on Saturday rubbished reports circulating of an imposition of a fixed tax on solar power...

27.04.2024 10

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KSE-100 index soars 700 points on hopes of rate cut

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index soared by over 700 points on Friday on hopes of a cut in the key policy rate. The...

26.04.2024 30

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KSE-100 index soars 700 points on anticipation of rate cut

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index soared by over 700 points on Friday on hopes of a cut in the key policy rate. The...

26.04.2024 40

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Shares at PSX climb 400 points in intraday trade

Bulls returned to the trading floor at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index climbed more than 400 points during intraday...

26.04.2024 50

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KSE-100 index breaches 72,000, creates new all-time high

Bulls returned to the trading floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 700 points on Wednesday to breach the key 72,000...

24.04.2024 30

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KSE-100 index breaches 72,000, trades at record high

Bulls returned to the trading floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 700 points on Wednesday to breach the key 72,000...

24.04.2024 60

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KSE-100 index breaches 72,000 for first time

Bulls returned to the trading floor at the Pakistan Stock Exchange (PSX) as shares climbed 900 points on Wednesday to breach the key 72,000 level for...

24.04.2024 30

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Forex reserves to reach $9-10bn by end of June, says finance minister

Finance Minister Muhammad Aurangzeb said on Tuesday that Pakistan’s foreign exchange reserves would reach “anywhere between $9 to $10 billion”...

23.04.2024 50

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IMF ‘very receptive’ in terms of agreeing to consider larger, longer programme: finance minister

Finance Minister Muhammad Aurangzeb has stated that Pakistan is on track to secure a new loan from the International Monetary Fund (IMF), adding that...

22.04.2024 30

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IMF says ready to support Pakistan, reforms package more important than size of programme

The International Monetary Fund (IMF) is ready to support Pakistan and the package of reforms is now more important than the size of a new programme,...

18.04.2024 10

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Finance minister does not expect significant rupee devaluation in IMF negotiations

Finance Minister Muhammad Aurangzeb has stated that the government does not expect significant rupee devaluation as part of negotiations with the...

18.04.2024 20

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US diplomats reaffirm Washington’s commitment to bolster ties with Pakistan

Finance Minister Muhammad Aurangzeb held a meeting with US State Department officials Donald Lu and Elizabeth Horst, during which the latter...

18.04.2024 10

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In meeting with finmin, WB chief assures full support for reforms to stabilise economy

Finance Minister Muhammad Aurangzeb has held meetings with the presidents of the World Bank (WB) and the Asian Development Bank (ADB), in which the...

17.04.2024 20

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Govt hikes petrol price by Rs4.53, diesel by Rs8.14

The government on Monday increased the price of petrol by Rs4.53 per litre and that of high-speed diesel (HSD) by Rs8.14 per litre for the next...

15.04.2024 10

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KSE-100 index hits record high, crosses 70,000 milestone on optimism over Saudi investment

Bulls continued to dominate the trade floor on Tuesday as shares at the Pakistan Stock Exchange (PSX) surged by more than 600 points on optimism over...

09.04.2024 30

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Shares at PSX reach all-time high as KSE-100 index crosses 70,000 milestone

Bulls continued to dominate the trade floor on Tuesday as shares at the Pakistan Stock Exchange (PSX) surged by more than 800 points in intraday day...

09.04.2024 10

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Shares at PSX soar 1,200 points as KSE-100 hits record high

Shares at the Pakistan Stock Exchange (PSX) traded in the green on Monday, gaining more than 1,200 points and crossing the 69,000 barrier. Previously,...

08.04.2024 20

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Shares gain 800 points in intraday trade as KSE-100 hits record high

Shares at the Pakistan Stock Exchange (PSX) traded in the green on Monday, gaining more than 800 points in intraday day and crossing the 69,000...

08.04.2024 20

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Shares at PSX gain 800 points in intraday trade

Shares at the Pakistan Stock Exchange (PSX) traded in the green on Monday over clarity on the political front, gaining more than 800 points in...

08.04.2024 20

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Bullish momentum continues at PSX as KSE-100 reaches another record high

Bulls continued their stampede on Thursday at the Pakistan Stock Exchange (PSX) as shares gained 660 points to close at another record high. On...

04.04.2024 20

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PSX soars 800 points, reaches record high amid anticipation of rate cut

Bulls dominated the trade floor at the Pakistan Stock Exchange (PSX) on Wednesday as shares gained over 800 points in intraday trade. The KSE-100...

03.04.2024 40

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PSX climbs 700 points amid anticipation of rate cut

Bulls dominated the trade floor at the Pakistan Stock Exchange (PSX) on Wednesday as shares gained over 700 points in intraday trade. The KSE-100...

03.04.2024 40

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PSX climbs 700 points in intraday trade

Bulls dominated the trade floor at the Pakistan Stock Exchange (PSX) on Wednesday as shares gained over 700 points in intraday trade. The KSE-100...

03.04.2024 40

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WB expects economic activity in Pakistan to ‘remain subdued’, projects GDP growth at 1.8pc in FY24

The World Bank on Tuesday said that it expected economic activity in the country to “remain subdued”, adding that the GDP was expected to grow at...

02.04.2024 10

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World Bank expects economic activity in Pakistan ‘to remain subdued’ in FY24

The World Bank on Tuesday said that it expected economic activity in the country to remain subdued in FY24 in the “absence of a credible and...

02.04.2024 10

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PM Shehbaz gives 5-year economic roadmap to federal cabinet

Prime Minister Shehbaz Sharif urged his cabinet members to immediately commence work towards achieving the targets set in a five-year roadmap he...

30.03.2024 30

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Finance Minister Aurangzeb hoping for new IMF deal by end of fiscal year

Finance Minister Muhammad Aurangzeb on Friday expressed hope for reaching a Staff-Level Agreement (SLA) with the International Monetary Fund (IMF) by...

29.03.2024 10

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Nepra allows Rs2.75/unit increase in quarterly adjustment for April-June

The National Electric Power Regulatory Authority (Nepra) on Thursday allowed the federal government to go ahead with a quarterly tariff adjustment of...

28.03.2024 30

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Nepra allows Rs2.75 tariff hike for three months

The National Electric Power Regulatory Authority (Nepra) on Thursday allowed the federal government to increase electricity rates by Rs2.75 per unit...

28.03.2024 40

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PSX reaches new high, crosses 67,000 milestone

Bulls continued their stampede at the Pakistan Stock Exchange (PSX) on Thursday as shares gained over 600 points in intraday trade as analysts...

28.03.2024 10

Dawn Business

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PSX reaches new high, crosses 67,000 milestone in intraday trade

Bulls continued their stampede at the Pakistan Stock Exchange (PSX) on Thursday as shares gained over 600 points in intraday trade as analysts...

28.03.2024 40

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