General Tyres accused of evading mandatory PSQCA registration since 2016
GTR directed to immediately halt all operations involving the manufacturing, sale, and storage of tyres
Illicit cigarettes poised to outpace legitimate market share in Pakistan, industry player cautions
ISLAMABAD: With illicit cigarettes, both smuggled and counterfeit, having already secured over 40 percent of the market, industry insiders are sounding the...
Cement sector finally implements Track and Trace System
Real-time production monitoring with the system to ensure accurate tax assessment
Hit by taxation, Philip Morris faces 10.89% decline in sales
The decline comes after a massive increase in prices because of added taxation.Â
Pakistan’s Large Scale Industry witnesses 10.26% overall decline in FY23
Import curbs, devaluation of Rupee, monetary tightening and economic slowdown serve as the main reasons
USD reaches above Rs300 in open market amid Rupee’s decline
ISLAMABAD: On Tuesday, the Pakistani rupee experienced a decline of Rs2.78 against the US dollar in interbank trading.Â
According to the Exchange Companies...
Oil Dips Amidst Concerns About China’s Faltering Economic Recovery
HOUSTON: Oil prices dipped on Monday as concerns about China’s faltering economic recovery and a stronger dollar took the momentum out of...
Just how undervalued is the PSX right now?
Even though the market has breached the 49,000 psychological barrier, is the real rally still pending?
PSX gains momentum amid rising MSCI integration
KARACHI: Stocks on the Pakistan Stock Exchange (PSX) started the day with higher values on Friday following the integration of 15 stocks...
PSX plummets: KSE-100 index drops 956 points in a single day
KARACHI: Shares at the Pakistan Stock Exchange (PSX) experienced a significant decline on Tuesday, with the benchmark KSE-100 index dropping 956 points...
PSX issues a notice to PICT for unusual share price movement
The share’s price has gone up by Rs.30 (~70%) in the last 16 days.
Factbox: India’s measures targeting Chinese products and investment
India said on Friday it would defer the imposition of a licensing requirement for imports of laptops, tablets and personal computers by three...
Strong upswing in market sees KSE-100 Index cross 49,000 points
KARACHI: On Thursday, the KSE-100 index, a benchmark for the Pakistan stock market, experienced a significant surge, reaching over 49,000 points for...
Hindu-Muslim riots expose risk at major Indian business hub
Hindu-Muslim clashes just outside the Indian capital this week have worsened religious fault lines in the region and exposed a booming business...
Bank of England raises borrowing costs to 15-year peak, signals rates to stay high
The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak of 5.25%...