National Savings Schemes profit rates slashed
Regular Income Certificate and Welfare Savings Certificate will also see reduced interest rates
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FINANCE
FBR imposes strict measures to bridge Rs 7,100bn revenue gap
Non-filers to be barred from investing in securities, mutual funds, and money market
After brief drop, gold again reaches all-time high
Silver prices in local market remain unchanged, hold steady at Rs2,950 per tola
Action against banks over expensive dollar sales worth Rs65bn
Economic Affairs Ministry directed to take measures to recover money from banks involved
PSMA appeals SBP for repayment deadline extension to Dec 31
Warns of delay in commencement of next sugarcane crushing season
FBR issues statement on income tax return filing deadline
Bureau gears up to take stringent actions against individuals, businesses failing to comply with deadline
Railways decreases fare by 10% for all classes
Reduction applies to both AC classes of express and mail trains, as well as economy classes of passenger trains
PIA privatisation bid scheduled for October 1
Fly Jinnah, Airblue, and others in running for PIA takeover
Gold prices in Pakistan soar to new highs
Price of 24-carat gold surged by Rs 3,500
Senator takes up overbilling in power sector in committee meeting
Minister mentions discussions about reducing profit margins of IPPs, suggesting good news soon
Pakistan Stock Exchange named best in the world by Bloomberg
Acknowledgment comes at a time when foreign investment in stock market has surged significantly
PSX achieves historic milestone, crosses 82,000-point threshold
After experiencing periods of volatility, PSX regains momentum, showcasing remarkable recovery in investor confidence
Pakistan needs $100bn in external financing by 2027 amid financial challenges
Senate committee told that in last five years, there was an average annual increase of 14% in loans
Pakistan will have to pay Rs49 trillion in local loans by 2030
Report says loans taken through investment bonds, treasury bills, sukuk, savings schemes
US weekly jobless claims at four-month low; housing market on back foot
Economic growth estimates for third quarter are around 3% annualized rate
Pakistan’s foreign reserves exceed $14 billion
Economists hail this increase as a positive sign for Pakistan's economy
Crypto star Waqar Zaka scores $15,000 profit live amid FOMC meeting
Zaka’s live trading unfolded in real-time, allows his audience to witness his calculated moves
Pakistan's petroleum sector sees growth with SIFC support
Four major oil and gas companies selected for asset management under Pakistan Sovereign Wealth Fund
PSX hits record high amid positive economic trends, surpasses 82,000 points
KSE-100 Index reaches historic high of 82,000 points, with index skyrocketing by 1,539 points
Gulf central banks cut key interest rates, mirroring Fed move
Gulf region's oil and gas exporters tend to follow Fed's lead on rate moves
Oil prices fall as US rate cut fails to boost market sentiment
The US central bank cut interest rates by half a percentage point on Wednesday, suggesting the Fed saw a slowing job market.
Dollar and stocks gain as Fed charts 'soft landing' path
Fed's cut expected to support spending and US economy, encourage other central banks to cut rates
SBP reports 11.5% growth in banking sector for first half of 2024
Predicts easing market pressure with gradual economic recovery in 2024
Pakistan’s current account swings to $75m surplus in August
Current account deficit in July stood at $246 million
CCP cracks down on unfair business practices
Recovers Rs70 million in fines from industries including sugar, cement, cooking oil, and beverages
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