Karachi: The National Bank of Pakistan (NBP) held an analyst briefing to discuss its financial performance for the first half of 2024, outlining challenges and strategic responses amidst a significant pension liability resolution. The bank reported a n…
Islamabad: The Federal Board of Revenue (FBR) is facing a significant challenge as it needs to collect PKR 1,196 billion in tax revenue during September to meet the International Monetary Fund’s (IMF) requirements. This follows a shortfall in the first…
Islamabad: Today, a delegation of traders will engage in talks with the Federal Board of Revenue (FBR) to iron out their grievances regarding the Tajir Dost Tax scheme, which has sparked significant unrest within the business community due to its perce…
Islamabad: The Pakistan Government has officially greenlit a financing agreement between Pakistan Railways and China for the significant upgrade of the Karachi-Peshawar Railway Line, known as the ML-1 project, as part of the ongoing China-Pakistan Econ…
Karachi: The KSE-100 Index witnessed a decline of 205 points yesterday, closing at 78,283 with a trading volume of 457 million shares. Sectors such as Technology, Oil Marketing Companies, and Textile Spinning were the most active, while notable shifts …
Karachi: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session as the market opened on a positive note but quickly lost momentum due to profit-taking at higher levels. The KSE-100 Index initially surged to an intraday high of 79,014 po…
Karachi: Exchange rates between the Pakistani rupee and major global currencies like the USD, EURO, and GBP showed minimal fluctuation from Friday to Monday, as per the latest data. The US dollar held steady at a buying rate of 278.97 and a selling rat…