Stocks shed value on back of rate hike

KARACHI: The performance of Pakistan Stock Exchange (PSX) remained unimpressive during the week ended on December 2, 2022 as investors offloaded stockholdings in the wake of political tensions, delay in the International Monetar...

SBP injects Rs2.1tr via OMOs

KARACHI: The State Bank of Pakistan (SBP) conducted Open Market Operations (OMO) on Friday, injecting a total of Rs2.1 trillion into the market. The OMO included Rs571.7 billion through a Shariah-compliant Mudarabah-based OMO...

22-Mar-2025 Read More

PM seeks report on customs scam

ISLAMABAD: Prime Minister Shehbaz Sharif has sought a report about large-scale tampering of Goods Declaration (GD) forms through breaches in the country's imported goods clearance system, as the Pakistan Single Window (PSW) Comp...

22-Mar-2025 Read More

Govt invites investors to minerals forum 2025

ISLAMABAD: Pakistan's Federal Minister for Energy (Petroleum Division), Ali Pervaiz Malik, on Friday briefed foreign ambassadors on the upcoming Pakistan Minerals Investment Forum 2025 (PMIF25) and invited delegates from their r...

22-Mar-2025 Read More

Startups explore cybersecurity at NIC

KARACHI: IT experts, on Friday, emphasised that cybersecurity plays a vital role in safeguarding business websites and combating the rising threats of malware, ransomware, and virus attacks. Pakistan's largest startup inducti...

22-Mar-2025 Read More

Rs34.5b added to kitty after LHC vacates stay

ISLAMABAD: The vacation of stay order by the Lahore High Court in the case regarding tax on windfall income of banks resulted in a benefit of Rs 11.5 billion to the national exchequer. While on this account, overall in a mont...

22-Mar-2025 Read More