Sarfraz

Pakistan Announces Preliminary Squad for ICC Champions Trophy 2025

ICC

Over 20 Players Named in Initial Line-Up Pakistan has unveiled its initial squad of over 20 players for the highly anticipated ICC Champions Trophy 2025. The preliminary list, submitted to the International Cricket Council (ICC) two days ago, includes several notable names and emerging talents. One of the most exciting inclusions is opener Saim Ayub, a promising player who could …

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Roshan Digital Account Achieves $9.34 Billion Inflows

RDA

Strengthening Economic Ties with Overseas Pakistanis The Roshan Digital Account (RDA) continues to be a game-changer for Pakistan’s economy, attracting $9.34 billion in total inflows by December 2024. Launched in September 2020, the initiative has provided non-resident Pakistanis (NRPs) with a seamless platform to invest and contribute to their homeland’s financial system. Out of the total inflows, 63.3% ($5.91 billion) …

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Pakistan and Bangladesh Forge New Trade Ties After 12 Years

Bangladesh

Strengthening Bilateral Relations Through Trade A Pakistani trade delegation, led by Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), visited Bangladesh after a 12-year gap. The historic visit aimed to strengthen bilateral economic ties and encourage mutual investments between the two nations. High-Level Meetings to Boost Cooperation During the visit, the delegation held …

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KSE-100 Starts the Week with a 1.13% Decline Amid Mixed Sector Performance

  KSE-100 Index Update: January 6, 2025 The Pakistan Stock Exchange (PSX) began the new trading week on a negative note, with the KSE-100 Index falling 1.13% DoD. Market Performance: 27 shares advanced, while 70 shares declined. Top contributors to index gains included: HMB PA: +3.02% AICL PA: +10.0% MCB PA: +0.96% Major drags on the index: OGDC PA: -3.84% …

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Inflation Eases to 80-Month Low at 4.1% in December 2024

  CPI Hits Record Low in December 2024 Pakistan’s Consumer Price Index (CPI) dropped to an 80-month low of 4.1% YoY in December 2024, the lowest since April 2018 (3.96%). This marks a sharp decline from 29.7% in December 2023 and 4.9% in November 2024, signaling a major easing of inflationary pressures. For the first half of FY25, average inflation …

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Banking Sector Gains Clarity Amid New Tax Ordinance

Confidence and Clarity for Banks Amid Tax Policy Changes Pakistan’s federal cabinet has introduced significant revisions to the banking sector’s tax structure through a newly approved ordinance. The changes include: Elimination of the ADR-related tax (10–16%) on income from government securities. Increase in the corporate tax rate for banks from 39% to 44% for the tax year ending December 31, …

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KSE-100 Index Hits Historic High of 99,091 Points

PSX

PSX Bull Run: KSE-100 Index Reaches Unprecedented High The Pakistan Stock Exchange (PSX) witnessed a historic rally on Friday, with the KSE-100 index surging by 1,762.80 points (1.81%), reaching a record-breaking intra-day high of 99,091.19 points. This impressive performance extended the bullish momentum seen in recent sessions, showcasing growing investor confidence. Key Drivers Behind the Surge The record-breaking rally was …

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Gold Prices Surge by Rs2,500 in Pakistan; Global Prices Also Rise

Gold

Gold prices saw a significant jump on Monday, impacting both the local and international markets. In Pakistan’s local gold markets, the price of 24-carat gold surged by Rs2,500 per tola, bringing it to a new high of Rs269,900. Similarly, the price per 10 grams increased by Rs2,144, reaching Rs231,396. On the international front, the price of gold per ounce rose …

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Smog Crisis in Pakistan: The Urgent Need for Green Transport Solutions

Smog

As major cities around the world light up with festive decorations in November, urban centers in northern Pakistan prepare for a very different season—a season shrouded in hazardous smog. From November to February, millions face dangerous air pollution levels, with far-reaching health and economic consequences. The smog season, Pakistan’s second-largest health threat after cardiovascular disease, sends thousands to hospitals every …

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Pakistan Stock Market to See 27-37% Growth by 2025

PSX

Pakistan’s stock market is gearing up for impressive growth in the next couple of years. Research houses have projected that the Pakistan Stock Exchange (PSX) will offer returns between 27% and 37% by December 2025. The benchmark KSE-100 index could hit a record high, rising to 120,000–127,000 points. This bullish outlook comes on the back of improving macroeconomic conditions under …

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