News

PSX Opening Bell: Early Slide

The Pakistan Stock Exchange (PSX) opened Thursday's session on a weaker note, with the benchmark KSE-100 Index remaining under pressure as investors extended selling following Wednesday's sharp decline, while escalating geopolitical tensions in the Middle East continued to dampen risk appetite. Sentiment remained fragile after Wednesday's steep selloff of more than 4,600 points, driven by fears

PSX Closing Bell: Red Ink Dominates

The Pakistan Stock Exchange (PSX) ended Wednesday's session sharply lower, with the benchmark KSE-100 Index shedding more than 4,600 points as heightened geopolitical tensions in the Middle East triggered broad-based selling, prompting investors to reduce exposure to risk assets. Market sentiment remained under pressure after oil prices climbed on renewed supply concerns, following fresh U.S. m

Tractor fleet nearly triples since 2004

Pakistan's tractor population has grown nearly two-and-a-half-fold over the past two decades, reaching 986,998 units as of the 7th Agricultural Census 2024, up from 401,663 in 2004 and 252,861 in 1994, according to Pakistan Bureau of Statistics data. The pace of growth has itself accelerated: while the tractor count rose 59% between 1994 and 2004, it climbed 146% in the two decades to 2024, mor

Pakistan, Russia deepen security cooperation

Pakistan and Russia have agreed to deepen cooperation on security matters and move forward with the signing of a Memorandum of Understanding (MoU) between their interior ministries during a meeting held on the sidelines of the United Nations in New York. Federal Interior Minister Mohsin Naqvi met with Russian Interior Minister Vladimir Alexandrovich Kolokoltsev at the UN Headquarters, where bot

Pakistan, Russia deepen security cooperation

Pakistan and Russia have agreed to deepen cooperation on security matters and move forward with the signing of a Memorandum of Understanding (MoU) between their interior ministries during a meeting held on the sidelines of the United Nations in New York. Federal Interior Minister Mohsin Naqvi met with Russian Interior Minister Vladimir Alexandrovich Kolokoltsev at the UN Headquarters, where bot