Author: Muhammad Ashraf Wani

ISLAMABAD, Jan 31 (APP):The country’s economy experienced a notable stabilization during the first half of the current fiscal year (2023-24), owing to implementation of effective measures and prudent policies by the interim government that played a pivotal role in achieving this milestone. “The first half of FY2024 has ended with economic stabilization. The government’s effective… Continue reading Macroeconomic stabilization leads to improvement in economic activities: Report

ISLAMABAD, Jan 31 (APP):Tea imports into the country witnessed an increase of 5.53 percent during the first half of current fiscal year as compared to the last year’s corresponding period, Pakistan Bureau of Statistics (PBS) reported. The tea imports into the country increased up to $336.423 million during July-December (2023-24) compared to the imports of… Continue reading Tea import bill up by 5.53 percent to $336.4 mln in 6 months

ISLAMABAD, Jan 26 (APP):The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 0.14 per cent for the combined consumption groups during the week ended on January 25, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in the… Continue reading Weekly inflation falls by 0.14 pc

ISLAMABAD, Jan 24 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 368.21 points, a positive change of 0.57 percent, closing at 64,822.43 points against 64,454.22 points the previous trading day. A total of 479,982,148 shares valuing Rs.22.501 billion were traded during the day as compared to 425,709,896 shares… Continue reading PSX stays bullish, gains 368 points

ISLAMABAD, Jan 23 (APP):The imports of gold decreased by 6.02 percent during the first half of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. The gold imports during the July-December (2023-24) were recorded at $ 13.562 million as compared to the imports of $14.431… Continue reading Gold imports fall by 6.02% to $13.5 mln in 1st half

ISLAMABAD, Jan 22 (APP):The exports from the country in the rupee term witnessed an increase of 35.33 percent during the first half of the current fiscal year as compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported. Exports during July-December (2023-24) were recorded at Rs.4,300,752 million as against Rs.3,177,893… Continue reading Exports increase by 35.33% to Rs 4.3 trillion in 1st half

ISLAMABAD, Jan 15 (APP):The Asia and the Pacific Food Security Forum 2024 is set to take center stage from April 8 to 12, 2024, in Manila, Philippines to discuss actions for easing a worsening food crisis in the region. This pivotal event, announced by the Asian Development Bank (ADB), aims to facilitate discussions on immediate… Continue reading ADB’s food security forum scheduled in April to tackle escalating food crisis

ISLAMABAD, Jan 11 (APP): The 100-index of Pakistan Stock Exchange (PSX) turned around to bullish trend on Thursday, gaining 697.72 points, a positive change of 1.09 percent, closing at 64,617.57 points against 63,919.85 points the previous trading day. A total of 586,548,829 shares valuing Rs.17.024 billion were traded during the day as compared to 636,168,115… Continue reading PSX turns bullish, gains 697 points