ISLAMABAD: The government’s decision to reduce pension benefits of retired civil servants and armed forces personnel is projected to slash the bill by Rs1.7 trillion over the next decade –

market closed slightly under pressure on Tuesday, driven by institutional profit-taking in overbought stocks.         At the close of trading, the KSE-100 index recorded a loss of

KARACHI: While demonstrating resilience in 2024, with reduced volatility and narrowing gaps between inter-bank and open market rates, the Pakistani rupee (PKR) is poised for its first annual gain against

The price of petrol has been increased by 56 paisa per litre, while high-speed diesel (HSD) has seen a hike of Rs2.96 per litre for the fortnight starting January 1,

KARACHI: old prices in 2024 reached historic highs, driven by central bank purchases including by emerging markets and escalating geopolitical tensions. International rates peaked around $2,790 per ounce, while in

KARACHI: As Pakistan prepares for its 5G spectrum auction scheduled for April 2025, the nation stands on the brink of a significant technological evolution. The introduction of 5G technology promises

KARACHI: Pakistan stands at a critical juncture, transitioning from economic turmoil to renewed optimism. While this sentiment is encouraging, it alone is insufficient to uplift the purchasing power and reduce

KARACHI:   The US dollar is gradually falling from grace in the global financial architecture on account of rising distrust and diversification efforts made by countries that are ditching the

ISLAMABAD: Not at all, if you look at the per capita consumption and spending patterns. Yes, if you consider the per capita GDP (gross domestic product). When evaluating a country’s