The Pakistan Stock Exchange (PSX) was forced to suspend trading today as the KSE-100 index plummeted by more than 8,500 points, marking one of the largest single-day declines in the…
EconomicCrisis
-
-
Pakistan Steel Mills (PSM) has terminated 1,350 more employees as part of its ongoing downsizing efforts due to severe financial struggles. The layoffs come as the state-owned enterprise continues to…
-
Karachi: Gold prices in Pakistan have surged to an all-time high, reaching Rs 308,000 per tola amid increasing global market rates and economic uncertainty. According to the All Pakistan Sarafa…
-
Islamabad: The government has announced a hike in petrol and diesel prices, citing rising global oil rates and economic challenges. The new prices, effective immediately, are expected to impact transportation…
-
The Federal Board of Revenue’s (FBR) ambitious plan to procure 1,010 vehicles has been put on hold following a directive from higher authorities. The decision to halt the purchase comes…
-
In an inspiring and unique act of resilience, a man in Karachi, instead of resorting to begging, displayed a card asking for a job after being unemployed for three months.…
-
In Pakistan, the prices of cooking oil and ghee have surged dramatically, with recent reports indicating increases of up to 40% within the last month. This escalation is attributed to…
-
Gold prices in Pakistan experienced a modest decline of Rs700, settling at Rs275,000 per tola. However, this dip was short-lived, as prices rebounded sharply the following day, reflecting trends in…
-
Economic Crisis Deepens as Half of the Workforce Faces Job Insecurity, with Youth and Women Hit the Hardest Islamabad, Pakistan — A shocking new survey reveals that 50% of Pakistan’s…