Lahore: PACRA has reaffirmed the stability rating of MCB DCF Fixed Return Fund III, reflecting the fund’s strategic focus on low-risk investments. The fund’s portfolio is primarily composed of short-term sovereign instruments, with an overwhelming 99.6% invested in Treasury Bills. A minimal 0.3% of the fund’s assets are placed with
Islamabad: Khyber Pakhtunkhwa Governor Faisal Karim Kundi called on Prime Minister Shehbaz Sharif in the capital city to discuss the recent tragic incident that took place in the Swat River. During the meeting, the Governor provided a detailed briefing on the events surrounding the incident. According to Radio Pakistan, the
Islamabad: Awami National Party President Aimal Wali Khan called on Prime Minister Shehbaz Sharif in Islamabad on Wednesday. During the meeting, views were exchanged on the overall political situation in the country. According to Radio Pakistan, the discussion between the Prime Minister and the ANP President focused on assessing the
Lahore: Punjab government’s landmark housing initiative ‘Apni Chhat, Apna Ghar’ has achieved a historic milestone by facilitating the construction of over fifty thousand houses in the month of June. According to Radio Pakistan, official data released by the Government of Punjab indicates that loans worth fifty-seven point nine billion rupees
Karachi: Ethiopian Ambassador Dr. Jamal Baker Abdullah called on Sindh Chief Minister Syed Murad Ali Shah in Karachi today. During the meeting, bilateral relations and trade cooperation between Ethiopia and Pakistan were discussed. According to Radio Pakistan, Chief Minister Syed Murad Ali Shah informed the visiting ambassador that the rehabilitation
Islamabad: The government has allowed the import of 500,000 metric tonnes of sugar by the private sector to ensure adequate supply and price stability in the domestic market. According to Radio Pakistan, the permission to import the commodity was granted by the Committee, which convened in Islamabad with Deputy Prime
Islamabad: Prime Minister Muhammad Shehbaz Sharif has expressed satisfaction over Pakistan Stock Exchange (PSX) 100 Index crossing a record high of 127,000 points on the first day of the new fiscal year. In a statement, he said the new fiscal year has begun with good news and a significant development
Islamabad: Pakistan Stock Exchange achieved another milestone on Tuesday and surpassed the psychological barrier of one lac twenty-seven thousand points during the trading. According to Radio Pakistan, the hundred index that closed at one lac twenty-five thousand six hundred twenty-seven (125,627) points on Monday reached one lac twenty-seven thousand six