The Pakistan Stock Exchange (PSX) witnessed a sharp and unexpected downturn on Monday as the KSE-100 Index plunged by more than 4,100 points during intraday trading. The sell-off was triggered by heightened geopolitical tensions and heavy institutional selling, sparking panic across the trading floor. The benchmark index dropped by 4,238 points, reaching 158,860, one of […]
The federal government has increased fuel prices once again, raising petrol by Rs4.07 per litre and high-speed diesel (HSD) by Rs4.04 per litre. The new rates will remain effective until October 15, 2025, according to a notification issued by the Finance Division. The revision was made on the recommendation of the Oil and Gas Regulatory […]
It seems like the deadlock between both the parties is coming to an end. Finance Minister Ishaq Dar said that Pakistan and International Monterey Funds (IMF) will reach an agreement this week. Dar also added while talking to the media that all matters have been resolved and his ministry is making serious efforts to get […]
Pakistan is on the verge of getting bankrupt and urgently needs the International Monterey Fund’s (IMF) help to come out of this chaos. Both the parties are holding talks to reach an agreement for $1.1Bn. IMF Managing Director, Kristalina Georgieva has asked Pakistan to tax the rich, subsidise the poor. She further said that if […]
Photo Credits: Dawn.com Governor State Bank of Pakistan (SBP), Jameel Ahmed said that Pakistan will repay all its debts on time and there are no risks of the country defaulting due to the nonpayment of international debts. Ahmed was addressing the Pakistan Stock Exchange (PSX) and said, “Let me assure you that we will be […]
