Gold price slashes by Rs.480 per tola
KARACHI: The rate of gold decreased by Rs.480 per tola in Pakistan According to the All Pakistan Gems and Jewellers Association, the rate of gold...
PM directs to finalize industrial policy at earliest to increase production
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Thursday directed to finalize the industrial policy at the earliest to increase industrial production and provide sustainable solutions...
PSX witnesses bearish trend, loses 1,505.11 points
ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday, losing 1,505.11 points, closing at 120,465.93 points. A total of...
Price of per tola gold decreases by Rs 2,245
ISLAMABAD: The price of 24 karat per tola gold decreased by Rs.2,245 and was traded at Rs.359,055 on Wednesday as compared to its sale at...
Implement fully Govt’s policy of supply of essential food items to common men at affordable prices: Dar
Islamabad: Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar, has directed the concerned authorities to fully implement Government’s policy of supply of essential...
Gold prices down by Rs.700 per tola
KARACHI: The rate of gold decreased by Rs.700 per tola in Pakistan. According to the All Pakistan Gems and Jewellers Association, the rate of gold...
Punjab Assembly session underway to present 2025-2026 budget
LAHORE: Punjab Finance Minister Mujtaba Shuja ur Rehman is presenting the province’s Rs5,335 billion budget for the fiscal year 2025-26. Prior to the assembly session,...
High level committee on Petroleum Prices to meet weekly to review situation amid Iran-Israel War
Islamabad: It has been decided by the high level committee set up on the order of Prime Minister Shehbaz Sharif on prices of petroleum amid...
Punjab to present this financial year Rs 5.3 trillion budget today
LAHORE: The Punjab government will present upcoming fiscal year 2025-2026 Rs 5.3 trillion budget today. Punjab Assembly budget session will be held today in the...
Monetary Policy to be announced today
KARACHI : The State Bank of Pakistan (SBP) will announce Monetary Policy today. The SBP is set to hold the Monetary Policy Committee (MPC) meeting...
Remittances play crucial role in strengthening national economy: PM
Islamabad: Prime Minister Muhammad Shehbaz Sharif says remittances from overseas Pakistanis have played a crucial role in significantly strengthening the national economy and foreign exchange...
Petrol prices hiked by Rs.4.8 per litre
ISLAMABAD: The federal government on Sunday announced an increase in the petrol price by Rs4.80 per litre for the next 15 days. In a notification,...
Balochistan budget for fiscal year 2025-2026 to be presented on June 17
Quetta: Balochistan government will present upcoming fiscal year 2025-2026 budget on June 17. According to the Balochistan government sources, the budget overall volume is likely...
Gold rate surge again by Rs. 1500 per tola
KARACHI: The rate of gold increased by Rs.1500 per tola to Rs.1500 to Rs. 363,000 According to the All Pakistan Gems and Jewellers Association. the...
Massive increase in gold price
KARACHI: The rate of gold surged in Pakistan by Rs.4600 per tola According to the All Pakistan Gems & Jeweller Association, the price of gold...
Sindh presents Rs 3,451.87 billion budget for fiscal year 2025-2026
KARACHI: Sindh presented a Rs3,451.87 billion budget for the fiscal year 2025–26 on Friday, amid loud protests and outcry by opposition parties. Addressing the budget...
KP budget being presented in provincial assembly
Peshawar: Budget for next fiscal year 2025-2026 for Khyber Pakhtunkhwa is being presented in the provincial Assembly. Finance Minister Aftab Alam Khan is presenting the...
Pakistan stock exchange experiences severe decline, Index loses two key levels
KARACHI: The Pakistan Stock Exchange (PSX) experienced a significant downturn on the final trading day of the week, with the 100 Index losing two important...
Israel attacks Iran as oil prices surge globally
WEB DESK: Israel launched targeted airstrikes on Iranian nuclear facilities early Friday morning, triggering a sharp spike in global crude oil prices. The Brent crude...
Bullish trend continues at PSX as 100 Index gains 259 points
Karachi:The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 259.56 points while closed at 124,093.12 points. During the session,...
Gold prices up by Rs 4000 per tola
Karachi: A big hike reported in gold prices on Thursday as per tola prices uptick Rs 4000 to settle at Rs 3,56,900, All Pakistan Sarafa...
OGDCL discovers new reserves of oil and gas in Khairpur
Islamabad: Pakistan’s largest exploration and production (E&P) company,Oil & Gas Development Company Limited (OGDCL) has discovered new reserves of oil and gas in Kharo-1 well...
Stock market reaches on new highest level, Index surpasses 126,000
KARACHI: On the fourth day of the week, the Pakistan stock exchange made history as the index reached its highest level ever. On Thursday, right...
More than 150 railway station to be shifted on Solar by June End: Railways Minister
Lahore: Minister for Railways Muhammad Hanif Abbasi has said one hundred and fifty-five railway stations will be shifted on solar power by the end of...
PM expresses satisfaction over PSX reaching historic high
Web Desk: Prime Minister Muhammad Shehbaz Sharif has expressed satisfaction over the stock market reaching a historic high of 124,000 points. In a statement, he...
PSX establishes new record crossing two more limits closes after gaining more than 2000 points
Karachi: Pakistan Stock Exchange (PSX) on Wednesday very next day of budget established a new record as Karachi 100 Index crossed two more limits ended...
Gold prices up by Rs.600 to Rs.352,900 per tola
Karachi:The price of 24 karat per tola gold increased by Rs.600 and was traded at Rs.352,900 on Wednesday, All Pakistan Sarafa Gems and Jewelers Association...
100 index surpasses 123,000 milestone, signaling market momentum
KARACHI: Pakistan Stock Exchange has made history by breaking all previous records, with the index reaching an all-time high of 123,000 points. During the trading...
Fuel prices likely to rise as govt imposes carbon levy
ISLAMABAD: Government has imposed a carbon levy of Rs 2.5 per liter on petrol and diesel in the budget 2025-26, a move expected to directly...
Defence Budget, FBR targets increased, Tax To GDP-deficit to be lowered further
Islamabad: Finance Minister Muhammad Aurnagzeb in his budget speech highlighted the current account surplus, remittances and the stability of the rupee while also mentioning the...
Govt decides to impose carbon, Petroleum levy on Furnace oil
Islamabad: The government has decided to impose cabon and petroleum levy on furnace oil. On per litre of Petrol, High Speed Diesel, Furnace Oil, Rs...
Relief for corporate sector, purchase of properties WHT reduced, federal exise duty on properties transfer elimnated
Islamabad: Government has decided to give relief to coorporate sector as it has decided that on perannum profit of Rs 200 million 500 million a...
Gold rate slashes in Pakistan
KARACHI: The rate of gold decreased by Rs.6100 to Rs. 352,300 According to the All Pakistan Gems and Jewellers Association, the rate of gold down...
Dollar value hiked in Interbank
KARACHI: The dollar appreciated by 4 paisa in the interbank market, closing at Rs.282.21 According to the Currency market dealer, the rate of dollar increased...
PSX achieves milestone of crossing record 1, 22,00 level for the first time
Karachi: Pakistan Stock Exchange (PSX) on Tuesday in a first achieved a milestone of crossing 1, 22, 000 level on a day when the upcoming...
Federal cabinet meeting in chair of PM underway to approve budget
Islamabad: Meeting of the Federal Cabinet is underway in Islamabad with Prime Minister Shehbaz Sharif in chair. The cabinet will accord approval to budgetary proposals...
Pakistan stock market opens higher, 100 index recovers to 1,22,172 points
KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a positive note, with the Hundred Index recovering to 1,22,172 points. The market saw an...
Government to present 18 trillion rupees budget for 2025-26 in National Assembly today
ISLAMABAD: The federal budget for the fiscal year 2025-2026 will be presented today in the National Assembly under the chairmanship of Speaker Sardar Ayaz Sadiq....
Pakistan Economic Survey 2024-25 to be launched on Monday
Web Desk: The Pakistan Economic Survey 2024-25 will be launched tomorrow [Monday] in the afternoon. Finance Minister Muhammad Aurangzeb will release the Economic Survey-2024-25 at...
Power division rejects reports of ban on two electricity meters
ISLAMABAD: The Power Division has categorically denied reports circulating on social media claiming that the government had imposed a ban on installing more than one...
End of week trend remained bearish at PSX today as it lost 157 points
Karachi :The trend remained bearish in Pakistan Stock Exchange on Thursday, today, as the Karachi 100-Index shed 157.87 points while it closed at 121,641.00 points....
Uninterrupted Gas supply to continue on three days of Eid Ul Azha: SSGC
Karachi: Sui Southern Gas Company (SSGC) has announced that gas will be supplied to residential and commercial consumers on three days of Eid Ul Azha...
SOCAR and PSO extends LNG framework agreement for three more years
WEB DESK: Azerbaijan State Oil Company and Pakistan State Oil (PSO) have agreed to extend the LNG framework agreement for an additional three years. Federal...
Pakistan Stock Exchange crosses the barrier of 1,21000 by adding 134 points
KARACHI: Positive trend observed on the fourth day of trading week at Pakistan Stock Exchange. During the trading session, the index increased by 134 points,...
Kamal chairs meeting with Pharmaceutical manufacturers to discuss issues affecting sector
ISLAMABAD: The Federal Minister for National Health Services, Regulations & Coordination recently convened a meeting with representatives from the Pakistan Pharmaceutical Manufacturers Association (PPMA) to...
Gold prices remain unchanged at Rs.354,100 per tola
Karachi:The price of 24 karat per tola gold remained unchanged at Rs.354,100 on Wednesday, All Pakistan Sarafa Gems and Jewelers Association reported. The prices of...
PM directs formulation of strategy to expand railway network to Central Asian countries
Islamabad: Prime Minister Shehbaz Sharif on Wednesday, today ordered the formulation of a strategy to expand the railway network in order to enhance trade relations...
PSX crosses another limit to close at record level 1,21,798 after gaining 1347 points
Karachi: Pakistan Stock Exchange (PSX) on Wednesday, third day of business week, crossed another limit and closed at 1, 21, 798 after gaining 1347 points....
Stock Market hits new record with index surpassing 121,000 milestone
KARACHI: A new milestone has been achieved at the Pakistan Stock Exchange, with the index reaching an all-time high of 101,21 points. On the third...
PM calls ECC meeting on June 5 to approve budget targets
Islamabad: Prime Minister Shehbaz Sharif has called a meeting of the Economic Coordination Committee (ECC) on Thursday, June 5. The PM will chair the huddle...