The markets interact with the high tensions in Kashmir with weakening rupees and the bond returns are increased – Trendy Blogger

The markets interact with the high tensions in Kashmir with weakening rupees and the bond returns are increased

 – Trendy Blogger

Foreign currencies in India have turned into caution in the wake of a deadly attack in Kashmir, which increased concerns about the escalating tensions between India and Pakistan. The militants killed 26 individuals in a famous tourist destination in Kashmir, representing the worst attack on civilians in nearly two decades. Indian Foreign Minister Vikram Missri … Read more

The World Bank to provide a billion dollar loan to the DSU hydroelectric project with increased costs – Trendy Blogger

The World Bank to provide a billion dollar loan to the DSU hydroelectric project with increased costs

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The World Bank has agreed to extend a new loan of $ 1 billion for the first stage of the DSU hydroelectric project, pending the approval of the concept of the revised project 1 (PC-1), which now reflects a major escalation of costs. The estimated cost of the project increased by 190 % from 586 … Read more

Increased security in the Agam of Cote from 24 to 26 Rajab trendy blogger

Increased security in the Agam of Cote from 24 to 26 Rajab

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TV report Karachi: An immediate action was requested against the well -known sabotage elements that cause problems for worshipers visiting the important Bibi shrine, Khadija, the daughter of Imam Musa Kazim (PBUH) locally in the name of “There is nothing like you.”The request submitted by the Zayerin Committee, services, the religious affairs committee, Darga Masouma … Read more

Pakistan’s trade deficit with countries in the region increased by 43% in the first half of fiscal year 2025 – Trendy Blogger

Pakistan’s trade deficit with countries in the region increased by 43% in the first half of fiscal year 2025

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Pakistan’s trade deficit with nine neighboring countries rose sharply by 43.22% to reach $5.328 billion in the first half of fiscal year 2025 (1HFY25), compared to $3.72 billion in the same period last year, according to data from the Bank Pakistani state. SBP). The widening trade gap is primarily due to a significant increase in … Read more

State Bank reserves increased by $30.7 million, bringing total reserves to more than $16.6 billion – Trendy Blogger

State Bank reserves increased by .7 million, bringing total reserves to more than .6 billion

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Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $30.7 million (0.25% y-o-y) to $12.08 billion during the week ending December 13, 2024, according to data released by the State Bank of Pakistan on Thursday. The country’s total reserves also saw a slight increase of $31.8 million (0.19% year-on-year), reaching $16.63 … Read more

Prime Minister’s Committee urges increased IT export remittances – Trendy Blogger

Prime Minister’s Committee urges increased IT export remittances

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Islamabad: The Prime Minister’s Committee on IT Export Remittance, in a meeting on Friday, noted that while Pakistan’s IT exports are increasing steadily, a major portion of the profits remains unremitted as many IT companies fail to repatriate the full amount. of its foreign income. The meeting, chaired by Finance and Revenue Minister Senator Muhammad … Read more

Power generation in Pakistan fell by 6% in September as costs rose and reliance on solar increased – Trendy Blogger

Power generation in Pakistan fell by 6% in September as costs rose and reliance on solar increased

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Power generation in Pakistan fell to 12,487 GWh in September 2024, representing a 6% decline year-on-year compared to 13,339 GWh produced in the same month last year. On a monthly basis, power generation fell 5.3% from August’s total of 13,179 GWh. Experts attributed the decrease in production to weak economic conditions, as well as an … Read more

Stocks closed at 83,000 as economic optimism increased – Trendy Blogger

Stocks closed at 83,000 as economic optimism increased – Trendy Blogger

  A broker takes a picture of the trading screen at the Pakistan Stock Exchange. – Reuters/File After a day of flat close, stocks jumped on Thursday, testing the 83,000 resistance level as easing inflation pressures and hopes of further interest rate cuts, coupled with improving economic indicators, prompted investors to snap up high-yielding stocks. … Read more