Business
330MW from Thar coal added to the national grid
The 330-megawatt (MW) power plant operated by Hub Power Company Limited (HUBCO), which burns coal from Tharparkar, officially began supplying...
Read moreDetails
Sukkur: Per kg flour price reaches Rs140
The situation with flour has gotten worse in Sukkur as a result of the commodity's open market price of Rs140...
Read moreDetailsSBP to maintain cash margin requirements for another 3 months
The State Bank of Pakistan (SBP) declared on Friday that the cash margin restrictions on the import of some 177...
Read moreDetails
Another textile company cuts production by 40%
Suraj Cotton Mills Limited (SURC), a textile company, stated on Friday that it will reduce its production by 40% as...
Read moreDetails
Markup rates for export financing raised to 13%
In keeping with the main policy rate, the State Bank of Pakistan (SBP) increased the markup rates for export financing...
Read moreDetails
Pakistan expected to make debt repayments of over $1 billion
In the midst of the government's difficult battle to prevent sovereign default with very little gross foreign exchange reserves left...
Read moreDetails
Pakistan will not default, Dar assures investors while conceding economy in ‘tight position’
Ishaq Dar, Pakistan's finance minister, promised investors at the Pakistan Stock Exchange (PSX) on Wednesday that the nation would not...
Read moreDetails
The rupee continues downward slide against the US dollar
Tuesday's interbank market saw the US dollar continue to strengthen against the Pakistani rupee, according to the State Bank of...
Read moreDetails
APTMA writes to PM Shehbaz over textile industry issues
Gohar Ejaz, the President of the All Pakistan Textile Mills Association (APTMA), sent a letter to Prime Minister Shehbaz Sharif...
Read moreDetails
Energy stocks lead rally as KSE-100 gains 692 points
On Monday, the benchmark index rose quickly after trading opened, helping shares at the Pakistan Stock Exchange (PSX) start the...
Read moreDetails