A worker is aligning designs on fabric machines for precise printing at a textile factory in Hyderabad, August 19, 2024. — APP The study calls for reinstating exemptions from export facilitation programs. Late refunds harm exporters and undermine the credibility of the GST system. Textile sector closures and job losses are compounding economic challenges. ISLAMABAD: … Read more
Brokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Friday, January 17, 2025. — PPI The capital market started the week on a positive note, building on last Friday’s momentum, driven by easing political uncertainty and improving macroeconomic indicators. Investor confidence was boosted by the conviction of former Prime Minister Imran … Read more
Brokers monitor an index showing the latest stock prices at the Pakistan Stock Exchange in Karachi on January 26, 2023. — AFP The KSE-100 index jumped 1.26% to close at 115,272.08 points. Analyst says market traded higher after ruling in £190m case. According to him, the current account surplus also helped to boost investor morale. … Read more
Brokers monitor an index showing the latest stock prices at the Pakistan Stock Exchange in Karachi on January 26, 2023. — AFP The capital market started the year on a positive note, supported by renewed optimism regarding economic reforms and strategic initiatives. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index climbed 1,828.19 points, or 1.59 … Read more
Advisor to the Prime Minister on Political and Public Affairs, Rana Sanaullah Khan, addressing a press conference, March 1, 2023.— NNI Rana Sanaullah calls for unity for the development of Pakistan. Prime Minister’s aide urges opposition to refrain from any “attacks”. The PTI senator highlights the need for the supremacy of the rule of law. … Read more
Finance Minister Muhammad Aurangzeb addresses farmers and other stakeholders in Kamalia town, Punjab on December 29, 2024. — Screenshot via Geo News Lower interest rates to boost economic growth by 2025. Private sector involvement proposed for loss-making institutions. The minister promises tax reform and commits to fighting tax evasion. Finance Minister Muhammad Aurangzeb has urged … Read more
People walk while shopping at a market in Karachi on April 19, 2023. — Reuters ISLAMABAD: The country’s economy demonstrated sustained positive developments during the first five months of the current fiscal year, with prudent fiscal management and strategic reforms paving the way for sustainable economic growth, the Ministry of Finance said on Friday. Finance. … Read more
The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, December 11, 2024. — PPI The capital market rebounded on Wednesday after Tuesday’s decline, driven by improving macroeconomic indicators and recent policy measures that boosted investor confidence. The benchmark KSE-100 index jumped 1,376.02 points, or 1.2 percent, in early trading to … Read more
A stockbroker looks at an index showing the latest stock prices on the Pakistan Stock Exchange in Karachi. — AFP/File The capital market is experiencing a recovery, gaining 1913.56 points. Rebound driven by renewed investor optimism and a fall in rates. Stocks are bullish after NSS rate cut, says analyst. The capital market saw a … Read more
PTI supporters take part in a protest in Islamabad on November 26, 2024. — Reuters Expert warns of decline in remittances due to use of informal channels. Highlights potential difficulties in collecting taxes for the government. One must observe how Pakistani expatriates respond to Khan’s calling: banker. KARACHI: The Pakistan Tehreek-e-Insaf (PTI) has marched on … Read more