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State Bank partners with Systems Limited and Temenos to modernize core banking system
Karachi: State Bank of Pakistan (SBP) and Systems Limited announces a landmark agreement to upgrade and modernize its Core banking platform to the latest Temenos core banking software and implementation of best-in-class Temenos Payment Hub to m...
Consumers criticize k-electric at NEPRA hearing
ISLAMABAD: Consumers raised several grievances during a NEPRA hearing regarding K-Electric’s right-of-claims, highlighting the growing difficulties faced by Karachi’s residents and businesses. During the hearing, consumers expressed thei...
‘High-profile Chinese delegation visits TDAP’
Karachi: A high profile international Chinese delegation visited Trade Development of Pakistan(TDAP). The delegation comprised of 16 members from various different sectors like Agriculture,Solar Energy, Fertilizers and Transport. The visi...
Gold price in Pakistan rises by Rs2,000 per tola
KARACHI: Gold prices in Pakistan saw a notable increase on Monday, mirroring the upward trend in international markets. The price of gold per tola rose by Rs2,000, reaching Rs276,400 in the local market. Similarly, the price of 10 grams of gold went...
KSE-100 index nears 110,000 mark with record close
KARACHI: The Pakistan Stock Exchange (PSX) experienced a significant rally on Monday, with the benchmark KSE-100 Index closing near the 110,000 mark, setting a new all-time high. After an initial decline of over 1,000 points, primarily driven by a s...
Aurangzeb pledges to drive inclusive growth for all
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Monday reaffirmed the government’s strong commitment to fostering inclusive economic growth, sustainable development, and the welfare of communities across Paki...
PKR largely stable against US dollar
KARACHI: The Pakistani rupee remained largely stable against the US dollar on Thursday, showing a slight depreciation of 0.01% in the inter-bank market. The currency closed at 277.94, a marginal loss of Re0.02 compared to Wednesday's settlement of 2...
Gold price per tola surges Rs500 in Pakistan
KARACHI: Gold prices in Pakistan recorded a gain on Thursday, following an upward trend in the international market. The price of gold per tola rose by Rs500, settling at Rs275,700. The 10-gram gold was priced at Rs236,368 after an increase of Rs428...
KSE-100 hits new high, surpassing 108,000 with 3,000-point gain
KARACHI: The Karachi Stock Exchange (KSE) hit a new milestone on Thursday as the benchmark KSE-100 index surged past 108,000, closing at an all-time high of 108,238.96, marking a gain of 3,134.63 points or 2.98%. The market saw broad-based buying th...
PM Shehbaz reveals $500mln earned from surplus sugar exports
ISLAMABAD: Prime Minister Shehbaz Sharif announced yesterday that Pakistan has earned $500 million through the export of surplus sugar, a decision that has significantly boosted the country’s foreign exchange reserves. Speaking during a meetin...
