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Articles

Pakistan’s economy gaining momentum, says SBP governor

April 15, 2025 by Sajid Salamat

The Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, while attending the gong ceremony at the Pakistan Stock Exchange (PSX) on Monday, highlighted noticeable progress made by Pakistan on macroeconomic front. Reflecting on the country’s recent economic journey, the Governor emphasized that Pakistan has successfully transitioned from a period marked by macroeconomic […]

Filed Under: Business

Finmin urges export-driven, investment-led growth for sustainable future

April 15, 2025 by Sajid Salamat

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb Monday chaired a high-level meeting on priority sector lending, which was attended by senior officials from the State Bank of Pakistan, the Pakistan Banks Association, and representatives from leading banks. The session focused on aligning the financial sector and its lending practices with the government’s agenda […]

Filed Under: Business

March remittances hit record high, surpass $4bn mark for first time

April 15, 2025 by Sajid Salamat

Pakistan’s workers’ remittances surged to a record $4.1 billion in March 2025 – the first time monthly inflows have crossed the $4 billion mark, the State Bank of Pakistan (SBP) said on Monday. This historic inflow represents a 37.3% year-on-year increase from March 2024 and a 29.8% month-on-month rise compared to February 2025. It is […]

Filed Under: Business

Exports to US climb 10.4pc in FY25’s first eight months

April 15, 2025 by Sajid Salamat

Pakistan’s exports to the United States rose by 10.4% during the first eight months of the current fiscal year, driven largely by robust performance in textiles and garments, accoring to a report published on the state-run PTV World website. Overall exports to North America reached $4.2 billion in the July-February period of FY25, marking a […]

Filed Under: Business

Pakistan, Kazakhstan to strengthen maritime ties

April 15, 2025 by Sajid Salamat

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, during a meeting with Kazakhstan’s Ambassador Yerzhan Kistafin, highlighted the importance of enhancing regional connectivity, boosting economic collaboration, and promoting bilateral maritime cooperation between the two countries. Minister Junaid Chaudhry emphasized the strategic importance of enhancing regional linkages to facilitate trade and economic growth. He noted […]

Filed Under: Business

PSX witnesses bullish trend, gains 1,536 points

April 15, 2025 by Sajid Salamat

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish on Monday, gaining 1,536.70 points, a positive change of 1.34 percent, closing at 116,390.04 points as compared to 114,853.33 points on the last trading day. A total of 484,547,019 shares were traded during the day as compared to 458,589,593 shares the previous trading day, whereas […]

Filed Under: Business

Petroleum minister briefed on SNGPL affairs

April 15, 2025 by Sajid Salamat

Sui Northern Gas Pipelines Limited (SNGPL) Managing Director Amer Tufail welcomed the dignitaries and presented a comprehensive briefing on the company’s affairs. Minister Ali Parvez Malik held discussions with the company’s management on key challenges facing SNGPL and the petroleum sector and issued necessary directives. He emphasized that ensuring efficient gas supply to the public […]

Filed Under: Business

Pakistan humble West Indies in ICC Women’s World Cup Qualifier

April 15, 2025 by Sajid Salamat

Pakistan Women defeated the West Indies by 65 runs in their third match in the ICC Women’s World Cup Qualifiers at Gaddafi Stadium, Lahore on Monday. This victory brings Pakistan’s points tally to six, positioning them favorably in the race for World Cup qualification. Opting to bat first, Pakistan set a competitive target of 192 […]

Filed Under: Sports

Norris feels ‘nowhere near’ his best as Formula 1 title contest heats up inside McLaren

April 15, 2025 by Sajid Salamat

Lando Norris may be top of the F1 standings but he feels like he’s driving “nowhere near” his best and can’t work out why. After placing third Sunday at the Bahrain Grand Prix – won by his McLaren teammate Oscar Piastri – Norris said he felt far more confident last year, when he lost out […]

Filed Under: Sports

Lyon close in on Champions League, Saint-Etienne snatch draw

April 15, 2025 by Sajid Salamat

Lyon scored three goals in the second half to win 3-1 at Auxerre in Ligue 1 on Sunday and claim fourth spot in the table, while Saint-Etienne moved nearer to the relegation play-off spot after drawing 3-3 against Brest. A Georges Mikautadze penalty broke the deadlock for Lyon in Auxerre on 54 minutes, before Rayan […]

Filed Under: Sports

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