3 d. ago PSX hits historic high as investor confidence grows amid economic stability

The Pakistan Stock Exchange (PSX) continued its upward momentum on Wednesday, crossing the 129,000-point mark for the first time in history. During intraday trading, the KSE-100 benchmark index surged by 1,251.46 points, reaching a record-breaking 129,450.46 points. This bullish rally was driven by investor optimism fueled by fresh equity allocations in the federal budget and […]

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4 d. ago Pakistan stocks climb above 129,000 in historic first amid economic stability

KARACHI – The Pakistan Stock Exchange (PSX) has surged to another unprecedented level after witnessing remarkable gains on Wednesday as

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1 week ago Banking Sector Backs Federal Budget 2025–26 to Drive Inclusive Growth and Economic Stability

  Karachi, June 2025 — As a key partner in Pakistan’s economic development, the banking sector—under the aegis of the Pakistan Banks Association (PBA)—continues to play a vital role in supporting national priorities and advancing structural reforms. In close coordination with the Ministry of Finance (MoF), the State Bank of Pakistan (SBP) and other partners across […]

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2 w. ago State Bank keeps Policy Rate steady at 11pc to maintain economic stability

KARACHI – State Bank of Pakistan (SBP) announced to keep benchmark interest rate unchanged at 11pc, as inflation trends and

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3 w. ago Govt to enforce Rs77 petroleum levy and Rs5 carbon levy from july 1

The federal government will impose a Rs77 per litre petroleum levy and Rs5 per litre carbon levy on petrol, diesel, and furnace oil from July 1, 2025. This decision is part of Pakistan’s agreement with the International Monetary Fund (IMF) under the Resilience and Sustainability Facility (RSF) to promote climate resilience and stabilize the economy. […]

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3 w. ago Ahsan Iqbal unveils Rs. 4.2 trillion development budget to lead Pakistan from crisis to confidence

Planning Minister Ahsan Iqbal presented Pakistan’s Development Budget for 2025–2026, highlighting a strong shift from crisis to confidence. He reminded the nation that just two years ago, Pakistan was on the edge of economic collapse. Now, the country is focusing on growth, stability, and transformation. The GDP has started to rebound with 2.7% growth this […]

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3 w. ago PM Shehbaz assures no new tax burden on common people in budget

Prime Minister Shehbaz Sharif assured that the new budget does not impose any additional tax burden on the common man. He praised the stock market’s historic rise to its highest level, saying it reflects investors’ strong confidence in the government’s people-friendly budget. This surge signals hope for economic stability and growth. He explained that salary […]

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3 w. ago Opposition bet on Pakistan’s default, says information minister Atta Tarar

ISLAMABAD: Federal Information Minister Atta Tarar has accused opposition leaders of betting on Pakistan’s economic default, saying their negative expectations have proven wrong. Speaking to the media in Islamabad, he stated that Pakistan is now moving towards economic stability after narrowly avoiding default. He expressed optimism about the upcoming federal budget, calling it “one of […]

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