Lahore, April 23, 2025 – Treet Battery Limited (PSX: TBL) told a loss for the third quarter of the 2015 fiscal year, which ends on March 31, despite the improvements in cash flow and operational profit. The company’s share price decreased by 0.28 rupees, or 1.73 %, to close at 15.90 rupees on April 23, … Read more
The International Monetary Fund (IMF) reduced its expectations for GDP growth in the Kingdom of Saudi Arabia in 2025, reducing this to 3 %, with a decrease from a previous estimate of 3.3 %. This review reflects the ongoing challenges of oil -dependent economies, as the International Monetary Fund also modifies its growth to the … Read more
Most stock markets were closed throughout the Gulf on Monday, which led to the escalation of concerns about US President Donald Trump’s aggressive definition and general criticism of the Federal Reserve Chairman Jerome Powell. Last week, Trump intensified pressure on Powell, pushing speculation about the potential removal of the Federal Reserve. The move raised renewed … Read more
Donald Trump repair of the maximum pressure on Iran, February 4th 2025, and his alleged Ultimatum letter to the Iranian government, sparked concerns about the increase in tensions of the Middle East. However, the United States is faced with an Iran which has past experience of the first Trump administration and can therefore anticipate Trump’s … Read more
The KSE-100 938 index closed on Friday, as it settled at 112,800.93 with a decrease of 0.82 %, as attracting profits and weaknesses in the sector decreased. The index fluctuated within the range of 1,630 points, as it reached the highest level during the day 114444 before the decline. KSE-100 has witnessed mixed feelings throughout … Read more
Mumbai: India’s foreign exchange reserves fell for the fifth straight week to a 10-month low of $634.59 billion as of January 3, data from the Reserve Bank of India (RBI) showed on Friday. Reserves decreased by $5.7 billion in the aforementioned week, after declining by a cumulative amount of $17.8 billion in the previous three … Read more
IslamabadThe government is preparing to resume the privatization process of Pakistan International Airlines (PIA) this week, aiming to revitalize the national carrier after years of financial struggles and regulatory challenges. An official at the Ministry’s Privatization Authority confirmed that the new phase will begin with the appointment of a financial advisor. The Privatization Commission board … Read more
The Federal Board of Revenue (FBR) has failed to meet its five-month tax collection target, missing Rs356 billion, with provisional collections standing at Rs4.28 trillion against the target of Rs4.64 trillion as of November 30. This represents a growth rate of less than 23%, well below the 40% required to achieve the annual target of … Read more
Justice Mansoor Ali Shah (left) and Chief Justice of Pakistan (CJP) Qazi Faiz Isa. —SC website Justice Shah says he is ignoring CJP Isa’s reference for “worrying reasons”. “CJP Isa has betrayed the sacred role of the judiciary as a check and balance of power.” “Issa’s actions demonstrated a blatant disregard for collegiality.” ISLAMABAD: Justice … Read more