November 2, 2024
Business, General Business News
Karachi: The Pakistani Rupee experienced mixed fluctuations against major global currencies over the past two days. The US Dollar, Euro, and British Pound saw varied trading values in the buying and selling categories, reflecting ongoing economic adju...
The post Pakistani Currency Shows Mixed Movements Against Major Currencies appeared first on Pakistan Business News.
Read More »
November 2, 2024
Business, General Business News
Lahore: Punjab’s Minister for Industries, Commerce, and Investment, Ch. Shafi Hussain, emphasized the provincial government's commitment to the alternate energy sector and industrialization as focal points during a meeting at the Lahore Chamber of Com...
The post Punjab Targets Solar Power and Small Hydro Projects to Boost Industrialization appeared first on Pakistan Business News.
Read More »
November 1, 2024
Business, General Business News
Karachi: The KSE-100 index showed a notable increase of over 865 points this past week, concluding at 90,860, demonstrating a 1% growth week-over-week. This positive movement contrasts with a 17% decline in average trading volumes, which stood at 559 ...
The post KSE-100 Index Sees Significant Gain Amid Positive Economic Indicators appeared first on Pakistan Business News.
Read More »
November 1, 2024
Business, General Business News
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed the business community's disappointment with the current monetary policy, highlighting a significant premium on the policy...
The post FPCCI President Urges Drastic Rate Cut Ahead of Monetary Policy Meeting appeared first on Pakistan Business News.
Read More »
November 1, 2024
Business, General Business News
Karachi: Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), has called on the State Bank of Pakistan to significantly reduce the policy rate by 300 to 500 basis points in the upcoming Monetary Policy Committee (M...
The post Karachi Chamber President Calls for Major Rate Cut to Boost Economic Growth appeared first on Pakistan Business News.
Read More »
November 1, 2024
Business, General Business News
Karachi: The Karachi Stock Exchange (KSE-100) experienced a significant decline yesterday, losing 1,320 points to close at 88,967, with trading volume reaching 546 million shares. Market activity was predominantly focused in the sectors of banking, po...
The post KSE-100 Tumbles Amid Varied Economic Indicators; Policy Adjustments and Market Movements Noted appeared first on Pakistan Business News.
Read More »
October 31, 2024
Business, General Business News
Islamabad: Pakistan has recorded its first quarterly budget surplus in 20 years, with a total of PkR1.7 trillion during the first quarter of fiscal year 2025. This marks a significant financial milestone, contrasting sharply with a deficit of PkR980 b...
The post Pakistan Marks Historic Budget Surplus, First in Two Decades appeared first on Pakistan Business News.
Read More »