KSE-100 index plunges 900 points during intraday trade – Business
Bears dominated the Pakistan Stock Exchange (PSX) on Thursday as shares witnessed a spike in selling pressure, with analysts attributing the losses to “ambiguity on the political landscape”. The KSE-1000 index lost 936.97, or 1.51 per cent, to stand at 61,216.87 at 2:52PM from the previous close of 62,153.84 points. On Wednesday, the index had […]
FBR fails to tax earnings of service providers – Business
ISLAMABAD: Interim Finance Minister Shamshad Akhtar has voiced concern with the slow pace in implementing the decision to connect professional services online with the tax machinery in eight major cities across the country. More than three years have gone and the FBR has still not completely implemented the decision in urban cities to raise income […]
Nepra seeks Discos’ accountability for overbilling – Business
• Hearing on Rs4.5 per unit hike for capacity charges concludes• Charges imposed even as new connection applications remain pending ISLAMABAD: Dissatisfied with power companies’ response to massive overbilling of consumers in July and August last year, the National Electric Power Regulatory Authority (Nepra) on Wednesday announced that it would hold distribution companies (Discos) accountable. […]
Careem says its social campaign that infuriated PML-N was ‘not linked to political scenario’ – Business
Ride-hailing service Careem on Wednesday clarified that a social media post made through its social media account that caught flak from the PML-N was “not linked in any way to the political scenario of the country”. Earlier today, a screenshot of a post by the company on social media platform X began doing the rounds […]
Shares at PSX gain more than 900 points over clarity on political front – Business
Shares at the Pakistan Stock Exchange (PSX) traded in the green on Wednesday over clarity on the political front, gaining more than 900 points. According to the PSX website, the benchmark KSE-100 index gained 1166.11 points, or 1.9 per cent, to stand at 62,393.03 at 10:43am from the previous close of 61,226.92. It finally closed […]
Between malnutrition and the right to business, where does Sindh’s breastfeeding law stand? – Pakistan
Marketing and normalisation of breastmilk substitutes contribute significantly to mothers internalising that their milk is not the best source of nutrition they can provide to their children. “Are you breastfeeding or bottle feeding?” New mothers are often asked this question in the 21st century, where bottle feeding is considered a normal alternative to breastfeeding. When […]
Shares at PSX gain 1,000 points in intraday trade over clarity on political front – Business
Shares at the Pakistan Stock Exchange (PSX) traded in the green on Wednesday over clarity on the political front, gaining over 1,000 points in intraday trade. The benchmark KSE-100 index gained 1166.11 points, or 1.9 per cent, to stand at 62,393.03 at 10:43am from the previous close of 61,226.92. On Tuesday, the index had experienced […]
Shares at PSX reverse trend after two days of losses, gain 161 points – Business
Shares at the Pakistan Stock Exchange recovered their losses from the previous two sessions on Tuesday as the benchmark index gained 161 points. According to the PSX website, the KSE-100 index was down 1121.24 points, or 1.84 per cent, to stand at 59,944.07 points shortly after trading began. However, after noon, the shares reversed the […]
PSX in the red for third consecutive session as KSE-100 index loses 1,000 points in intraday trading – Business
The Pakistan Stock Exchange (PSX) traded in the red again on Tuesday with the benchmark KSE-100 index losing 1,000 points shortly after trading began. According to the PSX website, the KSE-100 index was down 1121.24 points, or 1.84 per cent, to stand at 59,944.07 points from yesterday’s close of 61,065.31. This was the third consecutive […]
PSX in the red for third consecutive session as KSE-100 index loses 1,000 points – Business
The Pakistan Stock Exchange (PSX) traded in the red again on Tuesday with the benchmark KSE-100 index losing 1,000 points shortly after trading began. According to the PSX website, the KSE-100 index was down 1121.24 points, or 1.84 per cent, to stand at 59,944.07 points from yesterday’s close of 61,065.31. This is the third consecutive […]