Business

Alvarez & Marsal delegation calls on FinMin Aurangzeb

ISLAMABAD: In a significant move towards enhancing Pakistan's economic future, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, hosted a high-level delegation from global professional services firm Alvarez & Marsal at the Fin...

Rupee falls further against USD

KARACHI: The Pakistani rupee experienced a slight depreciation of 0.06% against the US dollar in the inter-bank market on Tuesday, closing at 280.73, down by Re0.16 from the previous session's closing of 280.57. Internationally, the US dollar struggl...

KSE-100 settles with over 600 points

KARACHI: The Pakistan Stock Exchange (PSX) staged a strong recovery on Tuesday, with the benchmark KSE-100 Index gaining over 600 points after a sharp decline in the previous session. The index had lost nearly 3,900 points in Monday's trading, marki...

FinMin meets ECO Secretary General to strengthen regional cooperation

ISLAMABAD: In a significant move to enhance regional integration and economic collaboration, Finance Minister Muhammad Aurangzeb held an important meeting with Dr. Asad Majeed, the Secretary General of the Economic Cooperation Organisation (ECO), at...

Ahsan Iqbal leads key meeting to revamp EFS

ISLAMABAD: The third meeting of the Prime Minister's Committee on Export Facilitation was held today under the leadership of Ahsan Iqbal, Federal Minister for Planning and Special Initiatives, and Jam Kamal Khan, Federal Minister for Commerce. This...

KSE-100 settles down 3,900 points

KARACHI: The Pakistan Stock Exchange (PSX) experienced a dramatic plunge on Monday, with the benchmark KSE-100 Index dropping nearly 8,700 points, marking the largest-ever intraday decline in terms of points. The index fell to an intra-day low of 11...

PM Shehbaz optimistic that oil price relief will boost economy

ISLAMABAD: Prime Minister Shehbaz Sharif, in a meeting on Monday, emphasized the government's efforts to capitalize on the recent decline in international oil prices, ensuring that it benefits both the economy and the general public. He announced tha...

Electricity prices to drop monthly: Marriyum

LAHORE: Punjab's Senior Provincial Minister, Marriyum Aurangzeb, has given the public a reason to cheer by announcing that electricity prices will now be reduced every month. Speaking at a press conference in Lahore, Marriyum Aurangzeb said Prime Mi...

Inflation drops to 59-year low at 0.7% March

KARACHI: Pakistan's headline inflation stood at 0.7% on a year-on-year basis in March 2025, marking a significant decline compared to February 2025 when it was recorded at 1.5%. According to data released by the Pakistan Bureau of Statistics (PBS),...

IMF visit to shape Pakistan's 2025-26 budget starts Friday

ISLAMABAD: An International Monetary Fund (IMF) team will begin its visit to Pakistan on Friday to assist in the preparation of the federal budget for the fiscal year 2025-26. Sources reveal that the IMF delegation will engage in talks with Pakistani...

NC Big Stories

DIG vows crackdown on Karachi’s biggest land grabbing menace

KARACHI: Deputy Inspector General of Police (District East) Dr. Farrukh Ali has said that the biggest issue in Karachi is land grabbing. He urged the Association of Builders and Developers (ABAD) to collaborate with the Sindh government in framing le...

Faysal Bank reports H1 2025 financial results amidst continued business momentum

KARACHI: Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, sustained its business momentum in the first half of 2025 and continued to gain market share in key segments while deepening relationships across both retail and cor...

Today's youth architect of tomorrow's Pakistan: Sadia Rashid

KARACHI: Advisor to the Governor of Sindh and Federal Secretary, Syed Tariq Mustafa, said, “Allah has blessed Pakistan with an abundance of natural and human resources, the greatest of which is a skilled and creative workforce that must now exc...

Neglected Complaints at Azizabad Police Station, Residents Fearful

KARACHI: Karimabad Ismailia Multipurpose Cooperative Society Ltd residents have alleged that Azizabad Police Station is continuously ignoring their complaints. They say that written applications were submitted multiple times, and the incoming SHO was...
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