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BUSINESS
PSX Surges to Record High of 96,344 Points, Up by 494 Points
The Pakistan Stock Exchange (PSX) on Wednesday surged by 494 points, reaching a historic milestone as the KSE-100 Index crossed the 96,000-point mark during intraday trading.
The index rose to an all-time high of 96,344 points, up from the…
ECC Approves Winter Electricity Relief Package for Consumers
ECC approved a three-month electricity relief package at Rs. 26.07 per unit for incremental usage from December to February. It also transferred Rs. 3.14 billion to NDMA for rescue and relief operations.
Abdul Aleem Khan, Azerbaijan’s Economy Minister Discuss Bilateral Investment Opportunities
Islamabad, (Newsman): Federal Minister for Board of Investment, Privatization, and Communications, Abdul Aleem Khan, held a meeting with Azerbaijan’s Minister for Economy, Mikayal Jabbarov, in Baku.
During the meeting, they discussed a…
At PSX KSE-100 Index Crosses 95,000 in Intraday Trade – Hits Another High
ISLAMABAD (Newsman): A bullish trend keep its touch at the Pakistan stock market for last few days, with some minor technical adjustment, as shares at the Pakistan Stock Exchange (PSX) jumped more than 800 points in intraday trade on…
IMF Detects Flaws in Budget Making Process of Pakistan
ISLAMABAD (Newsman): The International Monetary Fund (IMF) has found big faults in the budget-making practices in Pakistan, explaining that significant modifications are seen in the volume and composition of spending as against the actual…
ADB Signs $ 500 million Loan for Climate, Disaster Risk Reduction
ADB, Secretary EAD sign $ 500 million Loan for Climate, Disaster Risk Reduction Loan.
Shareholders Invest $10m in TMB, Easypaisa
Easypaisa in process of launching its digital retail banking operations in Pakistan, after getting its regulatory approvals.
CCP approves 50% acquisition of Total Parco by Gunvor Group, signalling growth in Pakistan’s fuel…
ISLAMABAD, (Newsman): The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 50 percent shareholding in M/s. Total Parco Pakistan Limited (TPPL) by M/s. Aquashore SA, a company operating under Switzerland’s…
Minister Blames FBR and Predecessor for Failure of PIA Privatization
The Federal Minister for Privatization Abdul Aleem Khan has blamed the failure of privatization of Pakistan International Airlines (PIA) the Federal Board of Revenue (FBR) and former administration of Privatization Commission.
ADB Project Aims to Reduce Emissions
Islamabad: The Asian Development Bank (ADB) said on Sunday that it has begun efforts to lower greenhouse gas emissions in Pakistan, starting with a pilot study to improve water productivity in the districts of Sheikhupura and Okara in…
