Business

Pakistan Stock Exchange

PSX takes a sharp dip as US strikes on Iran trigger market uncertainty

KARACHI (Kashmir English): The Pakistan Stock Exchange (PSX) witnessed a sharp decline on Monday as investors reacted to growing regional tensions following U.S. airstrikes on Iran’s nuclear sites. The benchmark KSE-100 index fell significantly in early trading hours, reflecting a risk-averse market sentiment. The benchmark KSE-100 Index of PSX declined by 1639.27 points, a drop […]

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ghee

Manufacturers increase ghee, oil prices leaving consumer over-burdened

  ISLAMABAD (Kashmir English): After the budget announcement, ghee and cooking oil manufacturing companies across the country have arbitrarily increased prices, placing a new burden of inflation on consumers. According to details, even before the budget, several well-known companies had started increasing the prices of ghee and oil, and now a further increase has been

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Inland Revenue Department

Azad Kashmir IRD collects Rs60 billion in revenue by May this year

MUZAFFARABAD (Kashmir English): The Inland Revenue Department of Azad Jammu and Kashmir (AJK) has claimed to collect over Rs60 billion in revenue by May 2025, with a target of around Rs70 billion by the end of the fiscal year 2024-25. In a statement issued on Friday, the tax collecting body confirmed that its South Zone

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KIM

Controversy surrounds appointment of external candidate as KIM director general

MUZAFFARABAD (Kashmir English): The President of Azad Kashmir has approved the appointment of Dr. Muhammad Muqeem ul Islam as Director General of the Kashmir Institute of Management (KIM), Muzaffarabad, on a contract basis. The president approved the appointment under Section 9 of the Kashmir Institute of Management Act, 2014, following the recommendations from KIM’s Board of

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