KarachiHBL Information Manager Index, Pakistan, collected by the S& P Global, published 52.7 reading in March, a decrease from 54.0 in February. The number above 50 indicates an expansion of the activity and indicates a shrinkage. Humaira Qamar – The head of the stocks and research stated, “This has been less reading since September 24, … Read more
Finance Minister Muhammad Aurangzeb. — Ministry of Finance/File Aurangzeb says the World Bank will give Pakistan a grant instead of a loan. The finance czar says: We will try to make this IMF program our last. The Governor of the State Bank of Pakistan says that dependence on foreign loans has decreased. ISLAMABAD: Finance Minister … Read more
JUI-F President Maulana Fazlur Rehman speaks to the media with PTI Chairman Gohar Ali Khan in Islamabad on October 18, 2024. – Screengrab via YouTube/Geo News Fazal warns that JUI-F will reject the initial draft if it is submitted again. PTI cannot remain informed of constitutional amendment, says PTI. Demands that the government increase its … Read more
Traders react to a news report on the Pakistan Stock Exchange. – Reuters/File Stocks hit a new all-time high above 86,500 on Wednesday, as earnings season reignited investor interest in index-heavy stocks, with positive sentiment stemming from the Shanghai Cooperation Organization (SCO) summit and optimism about political stability. The Pakistan Stock Exchange (PSX) KSE-100 index … Read more