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SBP foreign exchange reserves drop by $76mln, now at $11.37bln

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) declined by $76 million on a weekly basis, reaching $11.37 billion as of January 24, 2025, according to data released on Thursday. This drop was primarily attributed to exte...

Pakistan, Serbia seek to strengthen bilateral trade and investment ties

ISLAMABAD: In a bid to strengthen bilateral trade and economic cooperation, Federal Minister for Commerce Jam Kamal Khan welcomed the high-level visit of Serbia's State Secretary for Foreign Affairs, Mr. Damjan Jovic, to Pakistan. During their meeti...

KSE-100 closes 543 points lower

KARACHI: Selling pressure continued at the Pakistan Stock Exchange (PSX) on Wednesday, with the KSE-100 Index closing 543 points lower at 111,487.36, a decline of 0.48%. The session began positively, reaching an intra-day high of 112,569.90, but mar...

OICCI hosts inaugural Climate Excellence Awards at 3rd Pakistan Climate Conference

KARACHI: The Overseas Investors Chamber of Commerce & Industry (OICCI) successfully concluded the 3rd Pakistan Climate Conference today, marking the event with the inaugural OICCI Climate Excellence Awards. The two-day conference brought togethe...

President FPCCI highlights sustainable tourism forum's role in boosting Pakistan's tourism

KARACHI: A two-day Sustainable Tourism Forum, jointly organized by the Islamic Chamber of Commerce and Industry (ICCI), the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), and the Pakistan Tourism Development Corporation (PTDC), is...

PM Shehbaz welcomes int’l investors delegation to Pakistan

 ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif hosted an international investors' delegation, led by prominent U.S. investor Mr. Gentry Beach, to discuss Pakistan's growing investment landscape and its promising economic prospects. The meet...

Balochistan urges Centre to approve KE's renewable energy project

ISLAMABAD: The Government of Balochistan has urged the federal government to expedite the approval of K-Electric's 150 MW renewable energy projects planned for the province. These projects, part of a broader 640 MW initiative across Sindh and Balochi...

Rupee sees marginal decline against USD

KARACHI: The Pakistani rupee experienced a slight depreciation of 0.04% against the US dollar on Tuesday, closing at 278.93, down by Re0.10 from the previous day's close of 278.83, according to the State Bank of Pakistan (SBP). Internationally, the...

Railways cuts 17,101 posts under rightsizing policy

ISLAMABAD: The Ministry of Railways has abolished 17,101 posts as part of its Rightsizing Policy. This decision was made during a meeting of the Cabinet Committee on Rightsizing, chaired by Finance Minister Muhammad Aurangzeb in Islamabad. During th...

KSE-100 loses nearly 1,500 points

KARACHI: Selling pressure continued at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 Index falling by nearly 1,500 points. The index hit an intra-day low of 111,434.95 before closing at 112,030.36, a decline of 1,489.96 po...

NC Big Stories

Death of Pakistanis in boat tragedies

In recent yeas, varoius groups of human smugglers emerged who started sending innocent people abroad through illegal and inhumane methods, this process is still going on.  In recent years, hundreds of Pakistanis who traveled through illegal rou...

Azerbaijan-Pakistan chamber of commerce inaugurated to boost bilateral trade

ISLAMABAD: Pakistan achieved a significant milestone in fostering bilateral trade relations with Azerbaijan as the Azerbaijan-Pakistan Chamber of Commerce and Industry was officially inaugurated in Islamabad. The ceremony was graced by Federal Minist...

IMF applauds Pakistan's economic efforts ahead of review: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb shared on Wednesday that the government has received "very positive" feedback from the International Monetary Fund (IMF) regarding Pakistan's macroeconomic stability and its reform efforts. Speaking at...

PM Shehbaz, IMF's Georgieva hold talks on ongoing program

DUBAI: In a significant development on the sidelines of the World Government Summit (WGS) 2025, Prime Minister Shehbaz Sharif engaged in a crucial meeting with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). The talk...
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