Category: Business

PSX to issue stock split guidelines | The Express Tribune

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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given approval to Pakistan Stock Exchange Limited (PSX) for issuing guidelines on stock split by listed companies. The guidelines are aimed at promoting stock splits as a viable financial strategy in Pakistan’s capital market, especially for companies with high share prices, according to a press…

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Unimech Aerospace IPO Day 1: Check Subscription Status, GMP Today – News18

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Last Updated:December 23, 2024, 18:25 IST Retail Individual Investors part fetches 4.45 times subscription, while the category for NII receives 4.02 times subscription. The quota for QIBs gets subscribed 2.49 times. Unimech Aerospace and Manufacturing IPO. The initial public offering of Unimech Aerospace and Manufacturing Ltd received 3.81 times subscription on the first day of…

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Business

PSX surges as political calmness prevails – SUCH TV

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The Pakistan Stock Exchange (PSX) began the week on a strong note, surging over 2,000 points as political calm returned following a period of heightened agitation. The PSX’s benchmark KSE-100 Index jumped 2046.78 points or 1.87% to hit 111,594.98 points, up from the previous session’s close of 109,513.14 points, which also witnessed a sharp increase…

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Business

Cabinet Hikes MSP For Copra To Rs 12,100 Per Quintal

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New Delhi: The Cabinet Committee on Economic Affairs on Friday hiked the Minimum Support Price (MSP) for fair average quality of milling copra to Rs 11,582 per quintal and for ball copra to Rs 12,100 per quintal for the 2025 marketing season, according to an official statement.  The MSP has been increased in accordance with…

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Stock market today: BSE Sensex plunges over 1,000 points; Nifty50 below 24,000 – Times of India

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Trading today will be influenced by the US Federal Reserve’s latest decision. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Thursday after US Federal Reserve’s hawkish commentary. While BSE Sensex went below 80,000, Nifty50 also plunged below 24,000. At 9:17 AM, BSE Sensex was…

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Trump to meet TikTok CEO as ban deadline looms

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US President-elect Donald Trump is meeting the CEO of TikTok as the social media giant fights plans to have it banned in the US. Trump was due to meet Shou Zi Chew at his Mar-a-Lago estate in Florida on Monday, the BBC’s US partner CBS News reports, citing sources familiar with the meeting. A law…

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Gold prices surge in Pakistan; reaches Rs282,800 – SUCH TV

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Gold prices have seen a significant increase in Pakistan, with the price of 24kt gold per tola rising by Rs. 2,300, reaching Rs. 282,800 as of today, December 12, 2024. The surge follows recent fluctuations in the global and local markets. For smaller quantities, the price of 24kt gold per 10 grams has also climbed,…

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Business

Sanjay Malhotra Named New RBI Governor As Shaktikanta Das’ Tenure Ends – News18

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Last Updated:December 10, 2024, 00:03 IST Sanjay Malhotra, a 1990-batch IAS officer, holds an Engineering degree in Computer Science from IIT Kanpur and a Master’s in Public Policy from Princeton University, USA Government Has Appointed Sanjay Malhotra As The New RBI Governor In a significant move, the Government of India has appointed Sanjay Malhotra, the…

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Business

Bengaluru Uber, Rapido Rider Shocks Internet: Earns Rs… In 13 Hours Daily– His Story Will Amaze You: Watch Video

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New Delhi: In recent years, bike taxis like Uber, Ola and Rapido have become a game-changer for city commuters in India. They’re not just convenient for passengers but also create a steady source of income for thousands of drivers. Curious to know how much these bike taxi drivers actually earn? Let’s dive into their journey…

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Business

NHAI to issue green bonds worth Rs 1k crore – Times of India

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NEW DELHI: In a first for the road sector, NHAI on Thursday said it will issue Rs 1,000 crore green bonds in second week of Dec to raise funds to implement environment-friendly steps on Delhi-Mumbai Expressway (DME) project.“This fund will be used for activities such as expenditure on avenue plantation, median plantation, construction of animal…

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