The International Monetary Fund logo is seen inside its head office at the end of the annual IMF / World Bank meetings in Washington, in the United States. – Reuters / File India had urged the IMF to examine its financial support in Islamabad. The PM says that international institutions have rejected the false propaganda … Read more
An investor can be seen by looking at the Digital Stock Board of Directors on the Pakistan Stock Exchange. – AFP / File Kse -100 ends at 116,439.62, down 2,002.55 points, or -1.69%. Intraday High reaches 118,797.70, up 355.53 points, or 0.3%. The index drops to a level of 116,257.51, down 2,184.66 points, or -1.84%. … Read more
Sparks strikes the representation of the Bitcoin cryptocurrency in this illustration taken on November 24, 2024. – Reuters Bitcoin sank below $ 80,000 on Friday for the first time in more than three months while a sale in the cryptocurrency sector gathered a pace in the midst of volatility in the world markets. The digital … Read more
A broker monitors stock prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, January 17, 2025. — INP The KSE-100 index closed at 115,042.25, down 802.56 points. Investors remain cautious ahead of the MPC meeting on January 27. The benchmark index hit an intraday low at 115,109.07 following profit-taking. Stocks ended … Read more
A customer buys rice at a wholesale store in Karachi, June 8, 2023. — AFP The drop represents the lowest inflation rate since October 2014. Experts attribute much of the decline in inflation to a high base effect. The sensitive price indicator shows a decline of 0.65% compared to the previous week. Inflation in Pakistan … Read more
The stock market was turbulent on Tuesday as investors remained cautious after recent volatility and optimism over improving macroeconomic indicators. The market started well thanks to political stability and supportive monetary policies, then oscillated with the appearance of profit-taking. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index initially rose 1,112.08 points, or 0.98 percent, to … Read more
Tel Aviv, Israel — Israeli Prime Minister Benjamin Netanyahu took the stand Tuesday in his lengthy trial for alleged corruption, setting off what is expected to be a weeklong spectacle that will draw unwanted attention to his legal troubles as he faces a international arrest warrant for war crimes and the fighting in Gaza continues. … Read more
A man shops at a store in Peshawar, April 27, 2018. — Reuters CPI-based inflation in November rose just 0.5% month-on-month. Reading well below the financial division’s projection. Strengthens the case for a higher reduction rate than expected. Exceeding official forecasts, inflation in Pakistan slowed to 4.9% year-on-year in November 2024, from 7.2% in October, … Read more
A worker bends over as he carries bundles of textile fabrics on his back to deliver them to a nearby store at a market in Karachi June 24, 2022. — Reuters The government’s domestic debt stood at Rs47,536tr in the first quarter of FY25. External debt increases to Rs22,034tr during the July-September period. The total … Read more