The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 117.11 points, with a positive change of 0.25 percent, closing at 46,601.54 points against 46,484.43 points on the last working day. A total of 365,789,899 shares were traded during the day compared to the trade of 494,943,257 shares the مزید پڑھیں

Prime Minister Shehbaz Sharif has rejected the Oil and Gas Regulatory Authority’s (OGRA) proposal to hike the prices of petroleum products in the country. The decision was announced through PML-N’s economy account on Twitter. There will be no change in the price of petroleum products as of now, adding that the premier has maintained that مزید پڑھیں

The Oil and Gas Regulatory Authority (OGRA) on Thursday sent a summary, seeking increase in petroleum prices from April 15. The regulator has recommended an increase in petrol price by Rs21.30 per litre. Read more: Rupee gains respite following ease in political turmoil The authority has also suggested an increase of Rs119 per litre in the مزید پڑھیں

The US dollar fell to Rs183 on Monday as the political turmoil in the country subsided following the ouster of former prime minister Imran Khan, with analysts predicting a further reduction in the greenback in days to come. According to the Forex Association of Pakistan, the dollar fell to Rs183 in the interbank market at مزید پڑھیں

The bulls dominated trading at the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index rallied, reaching new records by gaining 1,700 points on the back of easing political turmoil. Clarity on the political front after the dismissal of Imran Khan through a no-confidence motion — which was a first in the history مزید پڑھیں

China’s factory-gate inflation was higher than expected in March, official data showed Monday, as Russia’s war on Ukraine pushes up oil prices while a domestic Covid-19 resurgence strains food supplies and consumer costs. The producer price index (PPI) measuring the cost of goods at the factory gate grew 8.3 percent on-year, National Bureau of Statistics مزید پڑھیں

Pakistan and China have expressed satisfaction over the progress on CPEC Special Economic Zones, particularly those of Rashakai, Allama Iqbal, Dhabeji and Bostan. The satisfaction was expressed at the 6th Joint Working Group meeting, co-chaired by Secretary Board of Investment Fareena Mazhar and Director General, National Development and Reform Commission of China, Ying Xiong. Read مزید پڑھیں

Indus Motor Company (IMC), the maker of Toyota-brand vehicles in Pakistan, has announced that it is suspending bookings of all its vehicles in the country. IMC CEO Ali Asghar Jamali said bookings have been suspended for the next 15 days, a decision that is subject to currency volatility. His remarks come as Pakistan battles a مزید پڑھیں

Tesla welcomed throngs of electric car lovers to Texas Thursday for a huge party dubbed a “cyber rodeo” to inaugurate a manufacturing plant the size of 100 soccer fields. Online buzz has swelled ever since Tesla’s colorful but controversial founder and chief executive Elon Musk tweeted word of the event, with reports of perhaps as مزید پڑھیں

The State Bank on Pakistan (SBP) on Thursday announced an increase of 250 basis points in the benchmark policy rate, taking it to 12.25 per cent in a “strong and proactive policy response”. The SBP’s Monetary Policy Committee (MPC) said in a statement that in its last meeting on March 8, it had noted the مزید پڑھیں