Category: 3. Business

KARACHI: The Pakistan Stock Exchange (PSX) turned around to a bearish trend on Tuesday, as the KSE-100 index shed 1,509.61 points to close at 112,414.81 points. A total of 880.6 million shares were traded during the day as compared to 857.8 million shares the previous trading day. The price of shares stood at Rs 54.45…

ISLAMABAD, Dec 24 (APP):The Competition Commission of Pakistan (CCP) organized a dissemination session at its head office to present key findings and actionable recommendations from its recently published Competition Assessment Study on the Power Sector. The session, led by CCP Members Saeed Ahmad Nawaz, Salman Amin and Bushra Naz Malik, focused on the study’s insights…

LAHORE – Punjab Skills Development Fund (PSDF) has signed an agreement with Hazza Institute of Technology (HAZZA), Japan-Pakistan Innovative Institute (JPII), to establish state-of-the-art Japanese language and cultural training centres in Punjab, providing a gateway to global opportunities for Pakistani youth in Japan. This initiative aligns with the Chief Minister’s mission to… Continue Reading News…

Oil prices were up on Tuesday, reversing the prior session’s losses on a brightening short-term market outlook tied to the prospect of slightly tightening supplies as trade thinned ahead of the Christmas and Hanukkah holidays. Brent crude futures were up 88 cents, or 1.2%, at $73.51 a barrel, while U.S. West Texas Intermediate crude futures…

LAHORE – The Pakistan Cricket Board (PCB) on Tuesday confirmed details of the West Indies men’s cricket team’s tour of Pakistan for the two ICC World Test Championship matches in Multan in January 2025. The West Indies team will reach Pakistan on 6 January. After playing a three-day match against Shaheens from 10-12 January in…

Gold prices steadied in holiday-thinned trade on Tuesday as investors looked ahead to the US Federal Reserve’s interest rate strategy and President-elect Donald Trump’s tariff policies that could shape the metal’s trajectory next year. Spot gold was little changed at $2,611.73 per ounce, as of 11:00 a.m. ET (1600 GMT). U.S. gold futures were steady…

Prime Minister Muhammad Shehbaz Sharif has directed authorities to bring tax defaulters into the tax net and enforce strict measures against non-compliance. These directives were issued during a key review meeting focused on enhancing revenue collection, according to a press release by the Ministry of Information and Broadcasting. In the meeting, officials provided updates on…

The Competition Commission of Pakistan (CCP) convened a high-profile dissemination session at its head office to present the findings and recommendations from its recently published Competition Assessment Study on the Power Sector. The session was spearheaded by CCP Members Mr. Saeed Ahmad Nawaz, Mr. Salman Amin, and Ms. Bushra Naz Malik, aiming to address regulatory…

ISLAMABAD: The Kissan Ittehad has issued a strong warning to the government, threatening a massive protest march to Islamabad if the Punjab government fails to raise the wheat support price and take decisive action to curb the escalating input costs that are crippling the agricultural sector. At a press conference on Tuesday, Central Chairman of…

Gold spot prices rose 0.15% ($4.01) to $2,616.76 per ounce on Tuesday, up from the previous close of $2,612.75. Gold futures also gained 0.2%, settling at $2,632.20 per ounce. The precious metal advanced during subdued holiday-period trading as investors turned their attention to the Federal Reserve’s monetary policy for 2025 and the economic implications of…