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E-Paper | February 12, 2025

IMF chief meets PM Shehbaz, pledges support for govt’s actions

PM Shehbaz attributes economic stability to IMF bailout deal.

Updated 12 Feb, 2025 03:44pm

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
TPLT	7.4800	1.0000	15.43 ▲	1,727,244
HASCOLNC	13.2700	1.2100	10.03 ▲	24,465,420
IDSM	11.5300	1.0500	10.02 ▲	1,010
LEUL	31.4200	2.8600	10.01 ▲	63,520
PREMA	29.1400	2.6500	10.00 ▲	1,907,446

Company	Price	Change	Change %	Volume

Source: PSX | Updated Feb 12, 2025

Global funds eye Pakistan as 84pc stock rally set to continue: report

Bloomberg report says asset managers from companies such as BlackRock Inc. to Eaton Vance Corp are “warming up” to PSX.

Published 12 Feb, 2025 01:58pm

Land corruption inflicts Rs3tr loss in Karachi alone, says NAB chief

ABAD seeks land grant policy, third party record digitisation in Sindh.

Updated 12 Feb, 2025 10:05am

NA panel expands scope of non-filer purchases in tax bill

Directs banks to report transactions exceeding income declared in tax returns.

Updated 12 Feb, 2025 10:28am

Auto sales shoot up 73pc in January

Analyst says month-on-month rise in auto sales primarily due to the low base effect.

Published 12 Feb, 2025 06:51am

UK, US refuse to sign AI declaration

Statement for AI to be “open”, “ethical” and flanked by international governance, not signed by key industry players.

Updated 12 Feb, 2025 10:58am

Crackdown against LPG safety violations

Ogra says it took serious notice of the violation of safety standards in the operations of LPG.

Published 12 Feb, 2025 06:51am

Roshan Digital Account attracts $9.5bn

Out of the total received deposits, $1.711bn has been repatriated.

Updated 12 Feb, 2025 09:57am

Advisers hired for three Discos

Appointment of financial advisers a ‘strategic initiative’ that aligns with govt’s commitment to improving efficiency.

Published 12 Feb, 2025 06:51am

IPO gets robust response

Book building for Zarea Ltd’s IPO receives overwhelming response at strike price of Rs16.5 per share.

Published 12 Feb, 2025 06:51am

A turning point in agriculture taxation?

AI’s newest contender DeepSeek shakes tech giants

Modern investment tools needed to foster a more accessible capital market

Highlights

Finance: The three “Fs” of economy

Pension pain

Editorial: Remittances must be channeled for development instead of squandering on imported luxuries

Finance minister has extracted as much revenue as he could from existing taxpayers

Tariff wars on the horizon

Year of stabilisation

Aurora

ChatGPT comments on the environmental costs of digital technology

Obituary: Dr Saifur Rehman Dar, former Director of the Lahore Museum

Does boredom lead to creativity?

Business & Finance

CORPORATE WINDOW: Relief on hold for the auto sector

Large private firms are opting for auto financing, while regular citizens still consider the interest rate too high.

Published 10 Feb, 2025 07:29am

COMPANY NEWS

StormFiber expands to Chitral

Published 10 Feb, 2025 07:29am

Unskilled expats out and about

Countries are now looking for more highly-skilled labour to add value to their economies.

Updated 10 Feb, 2025 10:17am

Emerging outlook for recovery

Noticeable progress is being made with regard to agriculture tax and improved exports, though many problems still call for basic structural reforms.

Updated 10 Feb, 2025 10:27am

Highlights

Aurora

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