Karachi: Remittances to Pakistan have reached $16.1 billion in the first five months of the fiscal year 2026, marking a 9% increase from the previous year. In November 2025 alone, the country received $3.2 billion in remittances, maintaining the same …
Delhi: Detection Technology, a prominent global provider of X-ray detector solutions, inaugurated a new service and production facility in Greater Delhi, marking a significant milestone in its international expansion strategy. The opening ceremony was…
Islamabad: The International Monetary Fund’s executive board has sanctioned a $1.2 billion disbursement for Pakistan following the second review under the Extended Fund Facility and the first review of the Resilience and Sustainability Facility. This …
Karachi: The International Monetary Fund (IMF) has completed its second review under the Extended Fund Facility (EFF) Arrangement and the first review under the Resilience and Sustainability Facility (RSF), unlocking $1.2 billion for Pakistan. The fun…
KARACHI: Pakistan’s Economic Coordination Committee (ECC) is considering a proposal to raise margins for Oil Marketing Companies (OMCs) by up to PKR 1.63 per liter, according to reports. This potential adjustment, which amounts to a 14-21% increase fr…
Karachi: The KSE-100 Index experienced a significant surge, closing up by 1,218 points at 168,303, following the approval of a $1.2 billion tranche for Pakistan by the International Monetary Fund. The market observed a trading volume of 781 million sh…
Karachi: The KSE-100 Index maintained its upward trajectory, closing with a significant gain of 1,218 points, ending the session at 168,303. This marked a robust performance as the index hit an intraday high of 1,670 points.
Market participation saw…