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The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. [ 4 ] [ 5 ] PSX was classified by MSCI as a frontier market on 8 September 2021.
K-Electric (KE), formerly known as Karachi Electric Supply Company or Karachi Electric Supply Corporation Limited, is a Pakistani utility company based in Karachi. Privatised in 2005 KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 km square territory including Karachi and its adjoining areas.
Karachi the economic capital of Pakistan. Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [ 64 ]
July 17: Angry investors attacked the Karachi Stock Exchange in protest at plunging Pakistani share prices. [ 12 ] [ 10 ] July 16 : KSE-100 Index dropped one-third from an all-time high hit in April, 2008 as rising pressure on shaky Pakistan's coalition government to tackle Taliban militants exacerbates concern about the country's economic woes.
Pakistan Post (Urdu: پاکستان ڈاک) is a state enterprise which functions as Pakistan's primary and largest postal operator. [ 1 ] 49,502 employees through a vehicle fleet of 5,000 operate traditional "to the door" service from more than 13,419 post offices across the country, servicing over 50 million people.
Parts of Karachi received 147 mm (5.79 inches) of rain overnight, the local weather office said. The city's mayor, Murtaza Wahab, in a post on X, urged residents to avoid "unnecessary movement".
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
The Commissioner Karachi Division is the top executive of the Karachi Division, overseeing all maters within the division. The position holder is a Grade-21 Officer who reports to the Chief Secretary and the Chief Minister. The position is deemed as one of the most important posts in Pakistan. [1] [2] [3]