An investor can be seen talking on the phone in front of the digital screen of the Pakistan Stock Exchange. — AFP/File Foreign sales continue this week. Positive contributions come from the last session of the week. The current account becomes in surplus, says the expert. KARACHI: The stock market is expected to continue its … Read more
First Israeli hostages expected to be released after ceasefire deal reached – CBS News Watch CBS News The ceasefire between Israel and Hamas should come into force this weekend and the first hostages should be released on Sunday. Elizabeth Palmer reports from Tel Aviv. Be the first to know Get browser notifications for breaking news, … Read more
A representative image of a transmission tower, also known as an electricity pylon. — AFP/File Prime Minister Shehbaz is holding a federal cabinet meeting today. The government approves the proposal to reduce capacity costs. The Prime Minister considers the revised agreements a major achievement. The federal cabinet on Tuesday approved revised agreements with 14 independent … Read more
A currency dealer counts US dollars at a store in Karachi, May 19, 2022. — AFP/File The rupee ends the week at 278.56 against the US dollar on Friday. It will remain stable thanks to the IMF program: report. The currency will move in tight ranges over the next few sessions. KARACHI: Thanks to healthy … Read more
A view of the Green Line Express train connected to new coaches imported from China at a station. — APPLICATION/File Pakistan Railways plans to launch a high-speed express train between Lahore and Karachi, similar to the Green Line Express which runs between Islamabad and Karachi via Lahore. “The main objective of this new train service … Read more
A trader counts Pakistani rupee notes at a currency exchange office in Peshawar. — Reuters/File The banking sector rate increased from 39% to 44%. The national treasury is expected to receive between 70 and 75 billion rupees in taxes. ADR to be replaced by fixed maximum slab ratios. ISLAMABAD: The federal government plans to add … Read more
A man draped in a shawl crosses a bridge in Karachi. — AFP/File The ongoing cold wave hitting the country, including Karachi, is likely to intensify further during the second week of January 2025, the Pakistan Meteorological Department (PMD) predicted on Wednesday. Talk to Geo news, PMD chief meteorologist Sardar Sarfaraz said, “The cold may … Read more
Finance Minister Muhammad Aurangzeb addresses a press conference in this undated image. – APPLICATION FinMin attributes a positive projection to the government’s economic policies. Aurangzeb emphasizes the role of the private sector in the economy. The minister discusses the economic losses of the last 6 years amounting to Rs6 tr. KARACHI: Finance Minister Muhammad Aurangzeb … Read more
A large number of motorists gathered in a queue to fill up with gasoline in Karachi on Friday, July 5, 2024. — PPI The government will announce new rates on November 15. New rates will come into effect on November 16. The federal government increased prices in the previous review. KARACHI: The price of petroleum … Read more