Karachi: A significant financial milestone has been achieved, as bank deposits have soared to an unprecedented high of Rs26.398 trillion in October 2023. This remarkable growth of 17.8% is attributed to the prevailing high-interest rates, marking a substantial increase of Rs3.986 trillion compared ...

Pakistan Stock Exchange reached its highest level in over 6 years. Before this, the stock market had reached a level of 49,000 points in June 2016. According to details, the Pakistan Stock Exchange saw continuous gains on the fourth day of the business week, with the index increasing by ...

A decision has been reached to address the staffing vacancies within the National Accountability Bureau (NAB), with names of potential candidates having been identified through a shortlisting process. Ehtesham Qadir has emerged as the nominee for the role of Prosecutor General of NAB, while ...

There is a consistent sequence of increases in crude oil prices in the global market, leading to prices reaching their highest levels in recent years. According to a report by a global news agency, Brent crude oil has reached $93.59 per barrel with an increase of 32 cents, while US West ...

By the conclusion of August 2023, commercial banks have witnessed an unprecedented surge in deposits, reaching an astounding Rs26.1 trillion. This remarkable uptick is primarily attributed to the prevailing high interest rates within the country. According to recently updated data from the State ...

In August, Pakistan experienced a significant surge in militant attacks, recording 99 incidents, the highest in any single month since November 2014. These attacks resulted in 112 fatalities and 87 injuries, primarily affecting security personnel and civilians. Compared to July, there was an 83 ...

The Pakistani rupee’s pathetic run against the US dollar seemed not ending as the greenback soared to another historic high in interbank trading on Monday. According to the State Bank of Pakistan, the Pakistani rupee depreciated by another rupee against the US dollar and ended the day at ...

The bank deposits in the country have risen to record high after a 15 percent jump during the last month. According to a State Bank of Pakistan (SBP) report, the deposits in banks have touched the all-time high of Rs22,921 billion. Sources in the SBP said these deposits were Rs19,914 billion in ...

The price of wheat in Punjab open market has reached Rs4,450 per 40kg.It has been learnt that a 15kg bag of flour is being sold at from Rs1,850 to Rs1,900. The demand for the government flour has increased tremendously with the increase in the wheat price in open market. The rising prices of ...

KARACHI – Millions hit hard in the country’s financial capital Karachi as the price of flour jumped by Rs20 per kg, which will put more pressure on the cost of living amid record inflation. Reports in local media quoting data from the Pakistan Bureau of Statistics claimed that flour prices in ...