Pakistani rice exports registered a remarkable growth of 19% during the first half of the current fiscal year, despite global trade turmoil and intense competition from regional players. From July to December 2024, the country exported 3.06 million tons of rice worth $1.87 billion, compared to 2.57 million tons worth $1.64 billion in the same … Read more
Pakistan Textiles Group’s exports rose by 9.67% during the first half (July-December) of fiscal year 2024-25, reaching $9.084 billion compared to $8.283 billion in the same period last year, according to Pakistan Bureau of Statistics (PBS) data. ). Textile exports in December 2024 saw an increase of 5.55% year-on-year, reaching $1.477 billion compared to $1.399 … Read more
The Pakistan Stock Exchange (PSX) ended the week on a higher note, with the benchmark KSE-100 index rising 1,435.34 points or 1.26%, ending Friday’s session at 115,272.08. The index witnessed an intraday high of 115,356.12 and a low of 113,571.95, reflecting increased investor activity amid political and economic developments. The market started cautiously as participants … Read more
Washington: US consumer price inflation rose for a third straight month in December as energy prices rose, according to government data published on Wednesday, increasing pressure on the Federal Reserve to halt interest rate cuts. The Labor Department said in a statement that the consumer price index accelerated to 2.9 percent last month compared to … Read more
Islamabad: The federal government on Wednesday raised the price of petrol by Rs 3.47, taking it to Rs 256.13 per litre. According to a notification from the Finance Department, the price of high-speed diesel (HSD) has increased by Rs 2.61 to Rs 260.95 per litre. The new prices will come into effect from January 16, … Read more
Flows via Roshan Digital Account (RDA) rose to $203 million in December 2024, representing a 9% increase from $186 million recorded in November, according to data released by the State Bank of Pakistan (SBP) on Saturday. Of the total inflows in December, $13 million was repatriated, while $113 million was used domestically. Net repatriable liabilities … Read more
Pakistan’s gross domestic debt and government liabilities rose by 17.71% to reach Rs49 trillion in November 2024, compared to Rs41.53 trillion in the same period last year, according to the latest data from the State Bank of Pakistan (SBP). On a monthly basis, domestic debt and liabilities rose by 2.85% from Rp47.53 trillion in October … Read more
Consumers across the United States spent an unprecedented $10.8 billion online during Black Friday, according to data from Adobe Analytics, as reported by *The News*. This marks a major milestone in the holiday shopping season, as online spending increased 10.2% compared to last year. Black Friday, which traditionally signals the start of the holiday shopping … Read more
Pakistan Railways has achieved a historic financial milestone, recording revenues of Rs33 billion over the past five months, reflecting a 14% year-on-year growth compared to Rs29 billion during the same period last year, according to CEO Aamir Ali Baloch. This represents an additional gain of over Rs 4 billion, attributable to enhanced operational efficiency and … Read more
The Oil and Gas Regulatory Authority has issued a notification announcing a slight increase in LPG prices for December 2024. The price of a domestic LPG cylinder has increased by ₹1,000. 1.32 while the price of commercial cylinder increased by Rs. 5.07 for December 2024. According to OGRA, the LPG production price has increased by … Read more