PSX Closes in Red, Loses 222 Points Amid Bearish Trend
ISLAMABAD: The Pakistan Stock Exchange (PSX) experienced a bearish trend on Monday, with the benchmark KSE-100 index shedding 222.02 points.…
Pakistani Rupee Slightly Weakens, Closes at Rs277.66 Against US Dollar
ISLAMABAD: The Pakistani rupee experienced a minor depreciation against the US dollar in the interbank market on Monday, shedding 3…
World Bank Report Highlights Debt Crisis for 26 Poorest Nations Since 2006
The World Bank’s latest report reveals that the world’s 26 poorest countries are facing their worst economic conditions since 2006,…
Number of Income Tax Return Filers Surpasses 4 Million for Tax Year 2024
The Federal Board of Revenue (FBR) in Pakistan has announced that the number of income tax return filers has crossed…
ADB Appoints Xiaoqin (Emma) Fan as New Country Director for Pakistan
The Asian Development Bank (ADB) has appointed Xiaoqin (Emma) Fan as its new Country Director for Pakistan, marking a significant…
JS Bank Launches Instant Debit Card Service, Revolutionizing Customer Banking Experience
JS Bank has introduced a transformative service in the banking sector, allowing new customers to obtain an instant debit card…
SBP Introduces Challenge Fund to Boost SME Digital Finance Solutions
The State Bank of Pakistan (SBP) has launched a new initiative aimed at strengthening the financial inclusion of small and…
IMF Warns of Risks in Pakistan’s Banking Dependence for Government Liquidity
The International Monetary Fund (IMF) has raised serious concerns regarding Pakistan’s increasing reliance on domestic banks and the State Bank…
Pakistan’s External Account Shows Stability with Strong Growth in Exports, Remittances, and FDI in FY2025 First Quarter
Pakistan’s external account has shown resilience and stability in the first quarter of FY2025, bolstered by growth in exports, remittances,…
SBP’s Annual Review Highlights 35% Growth in Digital Payments for FY24
The State Bank of Pakistan (SBP) has published its Annual Payment Systems Review for FY24, detailing significant progress within the…