Business
Current Account Shows Surplus of $397m in Dec
Staff Report The current account in December showed a surplus of $397 million because of tighter controls on imports and rising exports and remittance numbers. The…
Staff Report The current account in December showed a surplus of $397 million because of tighter controls on imports and rising exports and remittance numbers. The…
Muhammad Haris The asset size of mutual funds mostly active in the equity market rose by Rs 566 billion in 2023. The Assets Under Management (AUM)…
Muhammad Haris Pakistan Stock Exchange closed on a negative nod owing to political hustle and bustle and uncertainty over interest rate announcements. PSX fell 369 points…
Staff Report IMF Review is likely to boost Pakistan’s debt rollovers, bolster foreign exchange reserves, and stabilize the currency. The IMF Executive Board has approved the…
By Newztodays Team Pakistan Market Overview 2023 shows Pakistan’s stock market showcased remarkable performance. The main KSE 100 Index witnessed a significant rise of 55% (24%…
By Newztodays Team The multibillion rupees banks’ scam has landed in the cabinet of the caretaker set up which reveals how the commercial banks had doubled…
The majority of people expect that there will be no change in policy rate. SBP’s next Monetary Policy Committee (MPC) meeting will be held on Dec…
By Newztodays Team President Dr. Arif Alvi has instructed the Muslim Commercial Bank (MCB) to conduct a thorough investigation into allegations of corruption involving officials at…
Staff Report A windfall tax is reshaping Pakistan’s banking sector as it brings financial implications for key banks in Pakistan. In its latest report, released on…
Staff Report Pakistan Banks’ Earnings saw their profitability increase to a record Rs163 billion, up 95% YoY in 3Q2023. This significant growth was primarily driven by…