PSX Surges 1,200 Points to Cross 119,000 Mark Amid IMF Deal Hopes
Monitoring Desk
The Pakistan Stock Exchange (PSX) continued its record-breaking rally on Thursday as the benchmark KSE-100 index surged by 1,215 points in intraday trading,...
PM Shehbaz Meets Saudi Crown Prince, Agrees to Strengthen Regional Peace Efforts
Monitoring Desk
Riyadh: Prime Minister Shehbaz Sharif met with Saudi Crown Prince Mohammed bin Salman during his visit to Saudi Arabia, where both leaders agreed...
World Bank Approves $102 Million for Pakistan’s Microfinance Resilience
Monitoring Desk
ISLAMABAD: The World Bank has approved $102 million in financing for Pakistan’s Resilient and Accessible Microfinance (RAM) Project, aimed at strengthening the microfinance...
Special Courts to Handle Property Disputes of Overseas Pakistanis
Monitoring Desk
ISLAMABAD: In a major step towards addressing property disputes faced by overseas Pakistanis, special courts will be established in Islamabad under the Overseas...
FIA Arrests Suspect for Running Hate Campaign Against State Institutions
Staff Report
ISLAMABAD: The Federal Investigation Agency (FIA) Cyber Crime Circle Islamabad has arrested a suspect allegedly involved in maligning state institutions and promoting banned...
Sindh Assembly Rejects Cholistan Canal, Calls It a Violation of Water Accord
Monitoring Desk
The Sindh Assembly on Thursday unanimously passed a resolution, declaring the construction of Cholistan Canal and five other irrigation projects illegal and a...
Govt Slashes Solar Buyback Rate, Tightens Net Metering Rules
Staff Report
ISLAMABAD: In a major policy shift aimed at curbing the rapid expansion of solar net metering, the government has reduced the buyback rate...
Moody’s Upgrades Pakistan’s Banking Outlook to Positive on Improved Economic Prospects
Monitoring Desk
Global credit rating agency Moody’s has upgraded Pakistan’s banking sector outlook from stable to positive, citing resilient financial performance and improving macroeconomic conditions....
Govt Raises Gas Tariffs for Captive Plants Under IMF Pressure, Plans Further Hikes
Staff Report
ISLAMABAD: In a significant policy shift, the government has notified an immediate 23% increase in gas tariffs for industrial captive power plants (CPPs)...
