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Dollar languishes as focus turns to CPI, Fed speakers

Dollar languishes as focus turns to CPI, Fed speakers

The dollar was down on Wednesday as traders anticipated further clues on timing of interest rate hikes to tackle stubborn…
IMF says AI investment propping up global growth, but war and debt threaten outlook

IMF says AI investment propping up global growth, but war and debt threaten outlook

The International Monetary Fund said Tuesday that the global economy will still manage more than 3% real GDP growth this…
PSX stages recovery as KSE-100 gains over 900 points

PSX stages recovery as KSE-100 gains over 900 points

— Pakistan Stock Exchange (PSX) opened on a strong note on Tuesday, with the benchmark KSE-100 Index recovering the 166,000-level…
Three PASSCO officers among six arrested over wheat scam charge

Three PASSCO officers among six arrested over wheat scam charge

The Federal Investigation Agency (FIA) has detained six suspects, including senior officials of the Pakistan Agricultural Storage and Services Corporation…
Oil prices up after escalation in Middle East tensions

Oil prices up after escalation in Middle East tensions

The report said the weekend attacks on two oil tankers and strikes by Yemen’s Iran-backed Houthi movement on Saudi Arabia…
PSX opens in negative territory as KSE-100 drops over 900 points

PSX opens in negative territory as KSE-100 drops over 900 points

— The Pakistan Stock Exchange (PSX) started the new work week on a negative note as the benchmark KSE-100 index…
FBR to use AI to detect tax return discrepancies, warns of heavy penalties

FBR to use AI to detect tax return discrepancies, warns of heavy penalties

According to sources, the Federal Board of Revenue (FBR) has decided to impose fines on taxpayers providing inaccurate information in…
Govt plans new electricity, gas subsidy system from 2027

Govt plans new electricity, gas subsidy system from 2027

Pakistan has fast-tracked changes in the energy sector to meet the International Monetary Fund (IMF) conditions and directions, and the…
SM Tanveer nominated for FPCCI presidency, wins Gohar Ejaz’s support

SM Tanveer nominated for FPCCI presidency, wins Gohar Ejaz’s support

Patron-in-chief of the All Pakistan Textile Mills Association (APTMA) Dr Gohar Ejaz has expressed his support for the nomination of…
Petrol price cut by 66 paisa, diesel rises 52 paisa per litre

Petrol price cut by 66 paisa, diesel rises 52 paisa per litre

The daily pricing method has resulted in more frequent revisions in petroleum rates. In the current revision of fuel prices,…
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