Pakistan Stock Exchange drops as KSE-100 Index falls
On Thursday, PSX surged to all-time high, driven by positive market sentiment following IMF loan approval
FINANCE
Indian shares hit record highs; IT stocks support
IT companies rise as much as 3%, are set for their best day in over a month
Date for PIA auction extended to Oct 31
Deadline for signing draft agreement also extended to October 25
RBI to keep repo rate at 6.50% in October, cut by 25bps in December
Most economists say RBI won't be led to follow up quickly after US Federal Reserve's 50 basis-point cut this month
PM Shehbaz meets IMF chief, discusses strengthening economic cooperation
Sources says Pakistan has requested between $1-1.5bn in climate financing from IMF
FBR to impose strict penalties on unregistered businesses
Crackdown to primarily target manufacturers and wholesalers
New tougher IMF loan conditions for Pakistan revealed
The international lender mandates energy sector reforms to reduce electricity costs
SBP dollar reserves surpass $9.5 billion after 26 months
Dollar deposits in commercial banks rises by $2.26 million
IMF says unaware of Pakistan securing commercial financing at 11% interest rate
Spokesperson further notes no such financing necessary to meet current program assurances
Gold prices in Pakistan reach highest ever
Silver prices in local market reach Rs3,050 per tola
Pakistani rupee smashes US dollar after IMF deal
Value of US dollar comes down to Rs277.60 in interbank market
IMF loan approval: Stock exchange reaches record high
KSE-100 Index records sharp rise of 450 points, reaches record level of 82,700 points
IMF chief Georgieva praises Pakistan's economic progress, reforms
Fund head commends Islamabad for efforts to collect tax from wealthy, provide support to most vulnerable
IMF releases $1 billion tranche under new bailout package
Fund warns Pakistan still faces challenges, including difficult business environment, weak governance, excessive state intervention
IMF approves $7 billion loan for Pakistan
The loan is expected to help stabilise Pakistan’s economy
PSX-listed companies record unprecedented earnings, dividends
Total income of companies reaches Rs1,700 billion in 2024, marking 25% annual increase from last year
Pakistan, Turkmenistan to sign MoU for Gwadar port access under CPEC
SIFC-supported initiative aims to boost regional economic and trade ties
IMF board to meet today to approve $7bn loan for Pakistan
Pakistan likely to get $1 billion or $1.1 billion as first instalment of loan by Sept 30
National Savings Schemes profit rates slashed
Regular Income Certificate and Welfare Savings Certificate will also see reduced interest rates
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
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