Business

Islamabad, May 09, 2023 (PPI-OT): Al Meezan Investment Management Limited, Pakistan’s largest fund manager with Assets under Management of over PKR 295 Billion including discretionary portfolios has partnered with easypaisa, Pakistan’s leading digital ...

Asian Development Bank (ADB) has expressed its strong commitment to help Pakistan to build the much-needed climate-resilient infrastructure.The assurance was given by the Bank's Director General of Central and West Asia Department Yevgeniy Zhukov whil...

Finance Ministry says the coalition government has averted the default and the economy is now on a course to stability and growth.Regarding a recent news carried by media about 3.7 billion dollars repayment till the end of next month, the Ministry sai...

Karachi, May 08, 2023 (PPI-OT): KSE-100; Consolidation likelyKSE-100 index witnessed another positive session to close at 42,242, up 148 points DoD. Volumes stood at 178mn shares versus 255mn shares traded previously. The index is likely to face resist...

Karachi, May 08, 2023 (PPI-OT): 9MFY23 Primary balance - 44% below IMF targetPakistan's budget deficit contracted to 1.7% of GDP in 3QFY23 (from 1.8% in the 3QFY22). In absolute terms the deficit expanded 17% YoY for 3QFY23 - 20% YoY for 9MFY23 (3.7% o...

Islamabad, May 08, 2023 (PPI-OT): Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt on Monday said the Indian Foreign Minister lacks diplomatic norms. Following the Shanghai Cooperation Organization (SCO) mee...

Lahore, May 08, 2023 (PPI-OT): A concrete plan for economic empowerment of women would be derived in the joint meeting of women parliamentary secretaries to be called soon at Islamabad. It was disclosed by Dr. Shahida Rehmani, Parliamentary Secretary, ...