In an exceptional display of economic growth, Pakistan reports an elevation in mutual fund assets to Rs3.9 trillion (approximately $23.5 billion) in six years. This investment sector has garnered significant traction, catalyzing the countries financial prospects. For six years, the cumulative value of mutual fund assets has been rising, culminating in a substantial Rs3.9 trillion…

In an act of ironic humor, Luiz Inácio Lula da Silva, the former President of Brazil, recently took a jab at former USA President Donald Trump over the grape tariffs, suggesting the importance of focusing on “planting food, not hate”. Silva’s comment was a direct dig at Trump’s protectionist policies that had led to an…

The International Monetary Fund (IMF) has underscored the dire need for modifications in current legislation to bolster the efficiency of anti-money laundering (AML) measures. This came in response to increasing global concerns about the loopholes in existing systems which have led to the misuse of monetary funds across various economies. The IMF’s objective is clear:…

The United States and Pakistan are currently engaging in discussions to refine their existing trade and investment agreements to resonate with the evolving global market scenarios. This step has been prompted by the two nations’ shared goal of deepening their economic ties and establishing stronger bilateral relations. Significant improvements and alterations associated with the trade…

The United States of America has reportedly cancelled the long-anticipated trade talks with India that were originally scheduled to take place in August, according to a reliable news source. The development that unfolded on Saturday, the 16th of August 2025, resulted in uncertainty over the relations between the two trading countries. The information related to…

In a significant move to boost the domestic supply of sugar, the government has given a green signal to the import of 85,000 tonnes of sugar from Azerbaijan. This development comes as part of a wider strategy to address supply deficits and to ensure price stability within the domestic market. The decision underscores the government’s…

In a remarkable turn of events, Pakistan has recently claimed the number one spot for worldwide equity rankings, specifically in terms of U.S. Dollar Returns. This is a significant advancement for the national financial scenario and marks a big accomplishment for Pakistan’s financial sector. Pakistan’s position at the helm of global equity rankings in U.S.…

The recent slash in diesel prices has brought significant relief to consumers. Diesel being an essential commodity for different sectors such as agriculture, transport, and industries, this drop in price will undoubtedly ease the cost-pressure for many businesses and individuals. The price cut has been much appreciated, contributing positively towards the economy by generating potential…

The State Bank of Pakistan (SBP) has recently launched a special commemorative coin to celebrate the significant victory of Marka-e-Haq. The news, originally reported on geo.tv, stated that details about this new coin were shared with the public on August 15th, 2025. The decision to mint a commemorative coin is a significant move by the…

The Pakistan Stock Exchange (PSX) experienced a level close on Friday, signifying a recovery from early advances realized due to profit-booking. The benchmark KSE-100 index, a barometer for market performance, began the trading session on a high note due to robust results and an enhanced economic outlook. However, as the day progressed, profit-taking overrode the…