The Pakistan Stock Exchange (PSX) dropped sharply after India imposed tough diplomatic measures in response to the Pahalgam terror attack. The KSE-100 index fell 2.12%, reflecting investor concern. Meanwhile, Indian markets showed resilience, despite geopolitical tensions and IMF’s downgraded growth forecast for Pakistan.
True North, Krishnan Ramachandran sell 10% stake in Niva Bupa Health for Rs 1,507 crore
Private equity firm True North and Niva Bupa Health Insurance chief Krishnan Ramachandran divested a combined 10 per cent stake in the health insurer for