FLASHNEWS:

Category: Business

PSX Hits Record High as Market Capitalization Soars

Karachi: In an unprecedented surge, the Pakistan Stock Exchange (PSX) reached a milestone, hitting a 52-week high with an index level of 50,271.69 and a market capitalization of Rs 19,162.20 billion. This remarkable achievement underscores the robust …

Aik and PTCL Partnership Reinforces Digital Banking in Pakistan

Karachi: Aik, the pioneering Islamic digital banking platform in Pakistan, has embarked on a transformative alliance with Pakistan Telecommunication Company Limited (PTCL) to enhance its infrastructure through PTCL Smart Cloud’s secure and dependable …

Debt Burden Reaches Alarming Levels Amid IMF Review Concerns

Karachi: Pakistan’s mounting debt has reached a critical juncture, with public debt servicing costs projected to balloon to Rs6.4 trillion. This alarming situation coincides with an ongoing review by the International Monetary Fund (IMF), raising conc…