Stocks bounce back to recover overnight losses
KARACHI: The Pakistan Stock Exchange (PSX) was back on track on Tuesday, as bulls re-appeared to take control of the market after...
PSX sheds 271 points ahead of Senate polls
KARACHI: The Pakistan Stock Exchange (PSX) remained bearish on Monday mainly due to political uncertainty ahead of Senate elections scheduled for March...
Inflation soars to four-month high in February
The Consumer Price Index (CPI)-based monthly inflation increased to a four-month high of 8.7pc in February 2021 as compared to 5.7pc in...
PEW deplores FATF’s decision to keep Pakistan on grey list
ISLAMABAD: The Pakistan Economy Watch (PEW) said on Monday that the Financial Action Task Force (FATF) is conspiring to further weaken Pakistan’s...
Utility stores run out of sugar
ISLAMABAD: Sugar is in short supply at most outlets of the Utility Stores Corporation (USC) in the country, with consumers being forced...
Foreign investment drops 78pc in 7MFY21
The Ministry of Finance, in its Monthly Economic Update and Outlook, said that total foreign investment saw a 78pc decline in the...
OGRA proposes up to Rs7 per litre increase in petroleum prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Friday recommended the Petroleum Division to increase the price of petroleum products by...
Stocks retreat 100 points on profit booking
KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Friday, with the indices swaying both ways in search of a...
Dollar falls to Rs158.76 as rupee continues winning streak
Pakistani Rupee appreciated by 13 paisas (+0.08pc) against the US Dollar on Wednesday, making it the third straight day of gains against...
Bearish spell continues as benchmark index sheds another 366 points
KARACHI: The Pakistan Stock Exchange (PSX) continued with its bearish trend on Wednesday with the benchmark KSE-100 Index shedding 366.17 points (-0.8pc)...
Spotify launches music streaming service in Pakistan
KARACHI: Spotify, the world's most popular audio streaming subscription service, has been officially launched in Pakistan, Bangladesh, and Sri Lanka, a statement...
Industrial use of electricity up 17pc in Jan: minister
ISLAMABAD: Power Division Minister Omar Ayub Khan revealed on Tuesday that the industrial use of electricity witnessed about 17 per cent increase...
Stocks extend losses in range-bound trade
KARACHI: Following the massive decline a day ago, the stock market extended its fall, though at a slower pace on Tuesday, with...
Spotify to launch music streaming services in Pakistan
'In the next few days, Spotify will launch services in 85 new markets across Asia, Africa, Caribbean, Latin America'
Provinces directed to ensure sale of chicken, eggs at affordable rates
ISLAMABAD: Finance and Revenue Minister Dr Abdul Hafeez Shaikh has directed the provincial governments to take corrective measures and ensure supply of...