Indonesia’s Defence Minister Lt Gen (retired) Sjafrie Sjamsoeddin expressed his country’s desire to boost defence ties and explore possible collaboration in defence production as he met with Prime Minister Shehbaz Sharif in Islamabad on Tuesday. Pakistan and Indonesia maintain strong bilateral relations rooted in shared religion and culture, with both countries cooperating in trade, education,
The Pakistan Stock Exchange (PSX) witnessed a positive trajectory on Monday, crossing the 136,000 barrier due to increased investor sentiment and improved economic outlook. The benchmark KSE 100 index surged by 2202.77 points, or up by 1.64 per cent, to close at 136,502.53 points. The stock market reached its highest intraday level of 136,841.49 points around 3:28pm. Prime Minister Shehbaz S
Continuing its remarkable rally, the Pakistan Stock Exchange (PSX) touched another all-time high on Monday as it surged past 136,000 points over encouraging economic developments and robust interest from mutual funds and institutional investors. The benchmark KSE-100 index added another 2,202.77 points, or 1.64%, to settle at 136,502.54 at the close of trading. Since the commencement of the
The International Monetary Fund (IMF) has reacted to a major breach of the $7 billion programme and conveyed its reservations about the government's decision to import 500,000 metric tonne of sugar by waiving taxes, in violation of written commitments. The development came as sugar prices officially hit Rs200 per kg for the first time in the country's history, according to the Pakistan Bureau o
Petrol and diesel prices in Pakistan are expected to increase by up to Rs6.60 per litre for the next 15 days, following a continued upward trend in global crude oil prices, according to industry sources. At the time of reporting, the proposed hike includes a Rs6.60 per litre increase in petrol and a Rs5.27 per litre rise in high-speed diesel (HSD). Conversely, the prices of kerosene and ligh