Business

Infgostani Sources- The recently conducted business confidence survey by the Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled a noteworthy surge in business confidence within Pakistan. The Comprehensive Business Confidence Index Survey Wave (24Wave) covered the nation from October to November 2023. The results depict an encouraging overall improvement of 7% compared to the …

Conducted OICCI Survey Shows Pakistan’s Confidence Surge Read More »

Infostani Sources- Privatization Minister Fawad Hasan Fawad has disclosed that the International Monetary Fund sought State Bank autonomy to directly access information the federal government hesitated to share with the global lender. Fawad Hasan Fawad’s surprising statement may deepen suspicions surrounding the IMF granting full autonomy to the State Bank in January last year, raising …

Privatization Minister Questions State Bank Autonomy Read More »

Infostani Sources- Caretaker Prime Minister Anwar ul Haq, along with Chief of Army Staff General Syed Asim Munir, met with the President of the United Arab Emirates Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi. The three leaders facilitated the signing of MoUs between Pakistan and the UAE, covering cooperation in various sectors such …

Caretaker PM Enhances UAE Ties and Explores Kuwait Prospects Read More »

Infostani Sources- The Pakistan Stock Exchange witnessed a sustained upward trajectory, buoyed by positive economic sentiments, and strengthened fund mantles. As well as the anticipation of securing a financing facility of one and a half billion dollars. Following an agreement with the International Monetary Fund (IMF). Notably, the index achieved a historic milestone by crossing …

Stock Market Hits Record Highs Amid Economic Optimism Read More »

Infostani Sources- Share buying activity at discounted prices, driven by positive economic sentiments, propelled the Pakistan Stock Exchange on Thursday. The index surpassed the historic milestone of 58,500 points for the first time in the country’s history. Experiencing a remarkable surge of 58% in share prices. This significant increase, along with IMF predictions of a …

IMF Boosts Stock Exchange; Dollar and Gold Prices Fluctuate Read More »

Infostani Sources- The Pakistan Stock Exchange experienced a significant rally on Wednesday, reaching an unprecedented psychological level of 58,000 points in its index. Driven by positive economic sentiments. This surge was a historic first for the country. Was fueled by predictions of a 30% growth in the index by December 2024. Also an anticipated reduction …

Pakistani Market Hits Record High, IMF Tranche Approval Anticipated Read More »

Infostani Sources- The Pakistan Stock Exchange experienced a continued surge on Tuesday, surpassing the 57200, 57100, and 57300 points on the index. Share values saw a rise, totaling an increase of 27 billion 30 crore 62 lakh 9 thousand 60 rupees. The market has shown a bullish trend since the beginning of the business. At …

Index Exceeds 57,300, Hits 27.3 Billion in Share Value Read More »

Infostani Sources- Pakistan has committed to the International Monetary Fund (IMF) that it will boost petroleum levy collections by an additional Rs 920 billion in the current fiscal year. Finance Ministry sources revealed to the Express Tribune that, in the recently concluded review talks, the government assured the IMF of a hike in the annual …

Petroleum Levy and Financial Market Dynamics in Pakistan Read More »