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Foreign investment to be encouraged in Pakistan: Qaiser Sheikh
APP KARACHI: Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh has said that foreign investment would be encouraged in Pakistan, as investment of $25 million from friendly country Denmark is a sign of confidence. He expressed...
13-01-2025
Establishment unconcerned with right or wrong, focuses only on power: Fazal
Monitoring Desk KARACHI: Jamiat Ulema-e-Islam-Fazal (JUI-F) Chief Maulana Fazal Rehman has criticised the establishment, saying that its behaviour remains unchanged, as it disregards the notion of right and wrong and focuses solely...
12-01-2025
KSE-100 snaps 4-day losing streak with 609-point gain
Monitoring Desk KARACHI: A volatile session at the Pakistan Stock Exchange (PSX) came to a positive end on Friday, helping the KSE-100 Index snap a 4-day losing streak on late-session buying. The KSE-100 witnessed volatile trading...
11-01-2025
SBP injects Rs1.9 trillion in market
APP KARACHI: The State Bank of Pakistan (SBP) injected Rs1,916.3 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday. The SBP conducted Open Market Operation,...
11-01-2025
Inflow of workers’ remittance records 32.8% growth in H1FY25
APP KARACHI: Workers’ remittances from overseas to Pakistan rise 32.8 percent during the first half of fiscal year 2024-25 with inflows of US$ 17.845 billion from July to December 2024 while remittances recorded a monthly inflow...
11-01-2025
Sindh introduces eco-friendly EV taxis for unemployed youth
Web Desk KARACHI: The Sindh government has announced an ambitious plan to provide unemployed youth with electric vehicles (EV) in easy instalments, aiming to offer them a sustainable livelihood while promoting environmental sustainability. The...
09-01-2025
Govt committed to ensure optimum healthcare facilities to people: PM
APP KARACHI: Prime Minister Shehbaz Sharif on Wednesday said the government was committed to ensure optimum healthcare facilities to people, as these were the foundation for a thriving society and hallmark of clinical excellence,...
09-01-2025
Coalition governments may face differences, but that’s not a problem: Iqbal
Staff Report KARACHI: While responding to reservations raised by PPP spokesperson Shazia Marri regarding the government not consulting the party on key decisions, Planning Minister Ahsan Iqbal on Monday said that differences in...
07-01-2025
Uzbekistan announces plans to launch direct flights to Karachi
Monitoring Desk KARACHI: The Ambassador of Uzbekistan to Pakistan, Alisher Tukhtaev, has announced plans for a new direct flight route between Uzbekistan and Karachi, aimed at strengthening ties between the two nations. This significant...
06-01-2025
Bilawal stresses transformative reforms introduced by Quaid-e-Awam
APP KARACHI: Chairman of Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has paid glowing tributes to Quaid-e-Awam Shaheed Zulfikar Ali Bhutto on his 97th birth anniversary, honoring him as a visionary leader whose legacy continues...
06-01-2025
‘Attempted murder case’ to be lodged over New Year celebrations
Web Desk KARACHI: The Karachi Police have warned the citizens against using firearms for celebratory firing on the eve of New Year, saying a case of attempted murder would be lodged against the order’s violators. Police said...
01-01-2025
2024 stock market review: PSX hits peak with 80% growth
Monitoring Report KARACHI: Pakistan Stock Exchange (PSX) has maintained its strong performance for the second consecutive year, posting an impressive growth of around 80%. In 2024, the benchmark KSE-100 index surged by almost...
30-12-2024