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...
Gold price surge in Pakistan
KARACHI: The rate of gold increased by Rs.1000 per tola According to the All Pakistan Gems and Jewellers association, the price of gold hiked by...
PSX turns bullish as it gains 1,573 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Tuesday, gaining 1,573.07 points, closing at 120,450.87 points. A total of...
FinMin reiterates Pakistan commitment to enhance cooperation under SCO to foster economic prosperity
Islamabad: Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Tuesday reiterated Pakistan’s commitment and readiness to enhance cooperation under the Shanghai Cooperation Organization (SCO)...
ADB approves $800m financing package for Pakistan
Islamabad: Asian Development Bank (ADB) has approved 800 million dollars financing package for Pakistan under Resource Mobilization Reform Program. In a post on his X...
Crude oil prices rise over in international market
WEB DESK: There has been a four percent increase in global crude oil prices. According to the sources, this increase occurred following OPEC Plus’s decision...
Government proposes 2,795 bn rupees allocation for provincial development for Budget 2025-26
ISLAMABAD: The details of Pakistan’s upcoming fiscal year’s development program have been revealed. According to the proposal, a total of 2,795 billion rupees has been...
Stock market surpassed a level with an increase of 592 points
KARACHI: The Pakistan Stock Exchange continued its upward trajectory on the second day of the trading weeK. The KSE-100 Index surged by 592 points, reaching...
Pakistan Crypto Council meeting held in chair of FinMin Senator Aurangzeb
ISLAMABAD: The Pakistan Crypto Council (PCC) convened a high-level meeting today at the Ministry of Finance, chaired by Senator Muhammad Aurangzeb, the Federal Minister for...
Tesla refuse to produce cars in India
NEW DELHI: Indian Federal Minister has said that Tesla has refused to produce cars in India as the government finalised its electric vehicle policy, with...
Gold price rise by Rs.5900 per tola
KARACHI: The rate of gold increased by Rs.5900 per tola in Pakistan According to the All Pakistan Gems and Jewellers Association, the rate of gold...
PM directs hiring of renowned companies for third-party validation of initiatives, reforms in FBR
ISLAMABAD:Prime Minister Shehbaz Sharif on Monday directed hiring of internationally renowned companies for third-party validation of ongoing initiatives and reforms in FBR. Chairing a review...
Federal Budget 2025-26:Announcement of new economic growth targets
ISLAMABAD: The target for economic growth in the upcoming fiscal year 2025-26 has been set at 4.2%, according to the budget document. The economic targets...
Hundred index crosses the mark of 120,000, by adding 831 points
KARACHI: The stock market kicked off the week on a strong note, gaining 831 points and setting a positive. Karachi Stock Exchange started the week...
Karachiites flock to Northern Bypass Cattle Market
KARACHI: With just five days left until Eid-ul-Adha, the Cattle-Friendly Market at Northern Bypass has crossed the mark of over 150,000 sacrificial animals. Functional since...
Petrol prices hiked by Rs.1 per litre
ISLAMABAD: Federal government has increased the price of petrol by Rs.1 per litre effective from Sunday, June 1 According to details, the new petrol price...
Gold price down again in Pakistan
KARACHI: The rate of gold decreased by Rs.1400 per tola According to the All Pakistan Gems and Jeweller Association, the rate of gold fall by...
Gold rate slashes in Pakistan
KARACHI: The rate of Gold decreased by Rs.700 per tola According to the all Pakistan Gems and Jewellers Association, the rate of gold fall by...
Stock Market gains momentum, surpasses 119,000 points in the 100 Index
Karachi: The Pakistan Stock Exchange is experiencing a bullish trend on the last trading day of the week. On Friday, the stock market opened positively,...
Bullish trend grips PSX as it gains 638 points
Karachi:Bullish trend continued at the Pakistan Stock Exchange (PSX) on Thursday as the Karachi 100-Index gained 638 points while it closed at 118,971.41 points. A...
Gold price remained stable today
KARACHI: The rate of gold remain unchanged today in the Pakistan. According to the All Pakistan Gems and Jeweller Association, the rate of gold remain...
Pakistan Unveils First Government-Backed Strategic Bitcoin Reserve
LAS VEGAS: Bilal Bin Saqib, Special Assistant to the Prime Minister on Blockchain and Crypto and CEO of the Pakistan Crypto Council (PCC), revealed a...
IMF demands 18% GST on Agricultural equipment
ISLAMABAD: International Monetary Fund (IMF) has called for further tightening of the country’s agricultural tax system. The IMF has recommended imposing an 18% General Sales...
Pakistan Stock Market reaches on 119,000-point level
KARACHI: The Pakistan Stock Market has regained the 119,000-point level. On the fourth day of the trading week, at the start of business, a positive...
Gold price upticks Rs 1,400 per tola today
Karachi: Gold prices in Pakistan increased on Wednesday in line with their incline in the international market. In the local market, gold price per tola...
Government announces debt and roll-over strategy for fiscal year 2025-26
WEB DESK: Pakistan’s financial authorities have released detailed plans for the upcoming fiscal year 2025-26, outlining strategies for borrowing, roll-overs, and project financing. According to...
Gold price decrease again by Rs.3,600 per tola
KARACHI: The price of gold down by Rs.3,600 per tola in Pakistan. According to the all Pakistan Gems and Jewellers association, the rate of gold...