Tag: news


  • Financial institution deposit fee falls by 46bps in Mar

    April 22, 2025 (MLN): The return on financial institution deposits has decreased by 46 foundation factors to five.01% in March 2025 in comparison with the deposit fee of 5.46% final month, in response to the most recent official knowledge. On a yearly foundation, the weighted common fee paid for deposits by the banking sector has…

  • BitMEX Launches WCTUSDT Perpetual Swap with As much as 50x Leverage

    Joerg Hiller Apr 22, 2025 05:05 BitMEX has launched the WCTUSDT perpetual swap, providing merchants the chance to leverage as much as 50x. The brand new itemizing went reside on April 22, 2025. BitMEX has introduced the launch of its newest perpetual swap itemizing, WCTUSDT, which is…

  • Pakistan, ASEAN forge stronger ties to drive regional technological collaboration

    April 22, 2025 (MLN): The significance of a strategic expertise partnership between Pakistan and ASEAN international locations was highlighted as a key consider driving inclusive and sustainable improvement, with Federal Minister for Planning, Improvement & Particular Initiatives, Ahsan Iqbal, calling for a brand new period of regional collaboration. Minister Iqbal addressed the ASEAN-Pakistan Know-how Expo 2025…

  • BankIslami posts almost 19% decline in quarterly revenue

    April 22, 2025 (MLN): BankIslami Pakistan Restricted (PSX: BIPL) has launched its condensed interim consolidated monetary outcomes for the interval ended March 31, 2025, reporting a revenue after taxation of Rs2.61 billion, reflecting an 18.72% decline from Rs3.21bn recorded in the identical interval final 12 months. The financial institution’s earnings per share dropped to Rs2.3575 from Rs2.9004.…

  • Pakistan to safe 0m halal meat export take care of Malaysia over 5 years

    April 22, 2025 (MLN): Pakistan is on monitor to safe a $200 million halal meat export take care of Malaysia over the subsequent 5 years, marking a major increase for the nation’s agricultural and commerce sectors. The event follows ongoing bilateral talks aimed toward strengthening financial cooperation between the 2 nations. The potential settlement was a…

  • KCCI chief voices concern over tax submitting system glitches

    April 21, 2025 (MLN): The inaccurate classification of taxpayers as “non-active” by the Inland Income Service (IRS), regardless of the Federal Board of Income’s (FBR) official extension of gross sales tax return submitting deadlines for February and March 2025, has raised severe concern. This subject has been strongly taken up by President of the Karachi Chamber…

  • PSX Closing Bell: Child You are a Firework

    April 21, 2025 (MLN): The benchmark KSE-100 Index concluded Monday’s buying and selling session at 118,383.38, displaying a rise of 1,067.80 factors or 0.91%. The index remained optimistic all through the day displaying an intraday excessive of 118,827.47 (+1,511.89) and a low of 117,712.70 (+397.12) factors. The entire quantity of the KSE-100 Index was 367.33…

  • Gold hits document excessive above ,380

    April 21, 2025 (MLN): Gold costs surged by greater than 1% on Monday, crossing the $3,380 per ounce mark, setting a brand new document excessive. The surge comes as buyers flock to gold amid escalating international commerce tensions and a weakening U.S. greenback, pushed by safe-haven demand. Analysts predict that the valuable steel may proceed to…

  • Pakistan receives 5m exterior financing in March

    April 21, 2025 (MLN): Pakistan secured exterior financing value $555.2 million in March 2025 from a number of financing sources, 52.5% greater than final month and 154% greater than the identical month final 12 months. Cumulatively, in 9MFY25, the nation solely managed to safe $5.2 billion in exterior financing towards the annual finances estimates of…

  • Gold tola worth touches historic Rs357,800 mark

    April 21, 2025 (MLN): Gold worth in Pakistan surged to a historic excessive on Monday, with pure gold being offered at Rs357,800 per tola, marking a rise of Rs8,100. Equally, pure gold per 10-gram was offered at Rs306,755 after a achieve of Rs6,944, in accordance with charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation…