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News - daily times pakistan

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Pakistan is in the process of restructuring and reorganising its debt management process in line with global standards said Finance Minister Muhammad Aurangzeb on Friday. In this regard you will be hearing about various innovative funding products for domestic and as well as for international investors in the coming days Aurangzeb said while addressing the […]

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The Pakistan Stock Exchange (PSX) closed lower on Friday with the benchmark KSE-100 Index shedding 312.77 points or 0.26% to settle at 119649.14. This decline follows a record-setting session on Thursday where the index surged over 1400 points to close at an all-time high of 119961.91 driven by positive economic indicators and investor optimism ahead […]

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The price of 24 karat per tola gold witnessed an increase of Rs.900 on Friday and was sold at Rs.336100 against its sale at Rs.335200 on the previous trading day All Pakistan Sarafa Gems and Jewelers Association reported. The prices of 10 grams of 24 karat went up by Rs.772 to Rs.288151 from Rs.287379 whereas […]

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The Rupee on Friday depreciated by 5 paisa against the US Dollar in the interbank trading and closed at Rs 281.66 against the previous days closing of Rs 281.61. However according to the Forex Association of Pakistan (FAP) the buying and selling rates of the dollar in the open market stood at Rs 282.25 and […]

Business Pakistan launches Green Sukuk Bond worth Rs30b

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday said that the whole world is recognizing Pakistans economic growth and progress which is a positive sign for the country. He was addressing the participants through video-link after launching Green Sukuk Bonds worth Rs30 billion. Based on an Ijarah structure the three-year Sukuk will […]

Business Current Account records $1.9 billion surplus

Pakistans External Current Account Balance recorded a surplus of US$ 1.88 billion during July to April 2024-25 as compared to a deficit of $ 1.34 billion during the first 10 months of previous fiscal year. The Current Account for the month of April 2025 recorded a surplus of $ 12 million in comparison to a […]

Business Textile exports rise by 8.41% to Rs14.83bn in 10 months

Textile exports witnessed an increase of 8.41 per cent during the first ten months of the current financial year (July-April) as compared to the corresponding months of last year Pakistan Bureau of Statistics (PBS) reported Friday. The textile exports from the country were recorded at $ 14834.390 million during the July-April (2024-25) against the exports […]

Business UN projects Pakistan’s GDP to grow by 2.3% in 2025

Pakistan a key part of the South Asian region is expected to experience moderate growth stabilizing after a period of economic contraction with its Gross Domestic Product (GDP) projected to expand by 2.3 per cent in 2025 according to a major United Nations report. The report titled ‘the UN World Economic Situation and Prospects 2025′ […]

Business SECP issues cyber security advisory to all companies

The Securities and Exchange Commission of Pakistan (SECP) on Friday has issued an advisory to all the companies in light of the recent geopolitical situation and resultant heightened cyber security threat alerts urging companies to adopt cyber security best practices. The advisory warns against the potential impact of failure to adopt such best practices including […]

Business LSMI grows by 1.79% in March 2025

The output of the Large Scale Manufacturing Industries (LSMI) witnessed an increase of 1.79 per cent during the month of March 2025 compared to the same month of last year the Pakistan Bureau of Statistics (PBS) reported. On month-on- month basis the LSMIs production in March 2025 however decreased by 4.64 per cent when compared […]

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Pakistans premier Twenty20 cricket tournament resumes Saturday after a ceasefire between India and Pakistan was achieved. There will be a handful of foreign players returning for the remaining eight games. The Pakistan Super League was suspended on May 9 but last weekend Pakistan and India agreed to a ceasefire after talks to defuse their most […]

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A stunning Lamine Yamal strike helped crown Barcelona La Liga champions with a 2-0 win at local rivals Espanyol on Thursday with victory ensuring Real Madrid cannot catch them at the top of the table. Yamals effort and Fermin Lopezs goal took Hansi Flicks side seven points clear of Los Blancos with two matches remaining […]

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Cristiano Ronaldo topped Forbes list of the worlds highest-paid athletes for the third consecutive year and the fifth time in his career. Following his move to Saudi Arabian club Al-Nassr Ronaldos estimated total earnings are around $275 million. The Portuguese forward increased his income by $15 million through off-field endorsements as well as lucrative sponsorship […]