CM KP claims having surplus of Rs 200 billions saying it achieved targets
Islamabad: Chief Minister Khyber Pakhtunkhwa Ali Ameen Gandapur has claimed that the KP government has achieved its target as it has surplus of more than...
Fuel levy expected to increase in federal budget 2025-26
ISLAMABAD: The upcoming federal budget for 2025-26 is projected to see an increase in the petroleum levy, which is likely to place additional financial pressure...
Gold rate down by Rs.2,600 per tola
KARACHI: The price of gold per tola has decreased in the country. According to the All Pakistan Gems & Jeweller Traders & Exporters Association, the...
FBR striving hard to achieve tax target of Rs 12,334 bln, offices to remain open on May 31, Staurday
Islamabad: Federal Board of Revenue (FBR) is striving hard to achieved a reviewed whopping target of Rs 12,334 billion. The FBR offices will remain open...
Influx of sacrificial animals continue at Northern Bypass Cattle Market
KARACHI: With just 14 days remaining until Eid al-Adha, Influx of sacrificial animals continued at Northern Bypass Cattle Market. The Northern Bypass Cattle-Friendly Market has...
Gold rate surge again by Rs.3100 per tola
KARACHI: The price of gold increased by Rs.3100 per tola to Rs.354,100 According to the all Pakistan Gems and Jewellers Association, the rate of gold...
IMF and Government continue to negotiate on Budget 2025-26
ISLAMABAD: The International Monetary Fund (IMF) mission concluded its visit to Pakistan, led by Nathan Porter, which took place from May 19 to May 23....
Trump threatens Apple again to make iphones in USA or face 25 percent tariff
Washington: President Donald Trump on Friday demanded Apple make its iPhones in the United States or face a 25% tariff. “I have long ago informed...
PSX remains bearish today as it loses 50 points
Karachi: A mixed trend gripped the Pakistan Stock Exchange on last day of the business week on Friday, today as Karachi 100-Index closed at 1,...
Gold prices up by Rs 3500 per tola
Karachi: The price of 24 karat per tola gold witnessed an increase of Rs.3,500 on Friday and was sold at Rs.351,000 , All Pakistan Sarafa...
Hundred Index falls below threshold, declines 167 points
KARACHI: The Pakistan Stock Exchange (PSX) is trading week on a negative note, with the KSE-100 Index experiencing a notable decline, down by one grade...
Gold prices down by Rs 1900 per tola
Karachi: Gold prices on Thursday today declined by Rs 1900 per tola to reach Rs 347500 of 24 karat of gold, All Pakistan Sarafa Gems...
PSX witnesses bearish trend, loses 778 points
Karachi:The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Thursday, losing 778.41 points while closed at 119,153.04 points. A total of...
IMF delegation calls on PM Shehbaz
Islamabad: Prime Minister Shehbaz Sharif has reaffirmed resolve to expedite process of institutional reforms on priority basis besides macroeconomic level reforms. He was talking to...
Pakistan ranked among world’s top 40 economies by GDP
WEB DESK: According to AKD Securities, Pakistan’s Gross Domestic Product (GDP) has surpassed 400 billion US dollars for the first time, marking a major milestone...
US Dollar weakens against Pakistani Rupee in Interbank Market
WEB DESK: The US dollar has experienced a slight decline against the Pakistani Rupee in the interbank market. The US dollar has seen a modest...
PSX hits new high on the fourth business day of the week
KARACHI: Pakistan Stock Exchange starts with a bullish trend with the gaining of 598 points. The Pakistan Stock Exchange witnessed a notable rally on the...
Trinasolar Tops Global Innovation Rankings, Setting Stage for Solar Energy Growth in Pakistan
Karachi: Trinasolar, a global leader in smart PV and energy storage solutions, has been ranked No. 1 globally for the Perovskite Solar Cell Invention Patent...
PSX remains bullish today as crosses limit after gaining 960 points
Karachi:The Pakistan Stock Exchange remained bullish on Wednesday, today, as the 100-Index crossed one limit while ended up 119,931.46 points after gaining 960 points. A...
Big increase in Gold prices as Rs 6600 uptick per tola
Karachi: Gold prices on Wednesday uptick Rs 6600 massively to settle at Rs 3,49,400 per tola, All Pakistan Sarafa Gems and Jewelers Association reported. All...
Dollar price falls by 20 paisa in Interbank Market
WEB DESK: The interbank dollar rate fell sharply today, decreasing by 20 paisa to close at 281.72 rupees. The interbank dollar rate experienced a significant...
Positive Start to Stock Exchange Business
KARACHI: The Pakistan Stock Exchange opened on a strong note with significant gains. On the third day of the trading week, the stock exchange began...
Gold price surge again in Pakistan
KARACHI: The rate gold increased by Rs.300 to Rs.342,800 According to the All Pakistan Gems and Jewelers Association, the price of gold increased by Rs.300...
Pakistan Stock Exchange experiences decline on second day of trading week
KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a subdued note, with the market experiencing a decline on the second day of business....
Bullish trend grips PSX today as 100 Index gains 40 points
Karachi : The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday, gaining 40.49 points,while closed at 119,689.63 points. A total...
Gold prices increase Rs.4,000 to Rs.342,500 per tola
Karachi:The price of 24 karat per tola gold witnessed an increase of Rs.4,000 on Monday and was sold at Rs.342,500, All Pakistan Sarafa Gems and...
US Dollar rises by 9 Paisa in Interbank Market
KARACHI: In the interbank currency market today, the US dollar saw a slight increase, climbing by 9 paisa to settle at 281.75 rupees. In the...
Pakistan to present budget for the new fiscal year on June 02
ISLAMABAD: Pakistan is set to announce its national budget for the fiscal year 2025-26 on June 02. Negotiations with the International Monetary Fund (IMF) will...
Pakistan and IMF Begin Fiscal Year 2025-2026 Budget Negotiations
ISLAMABAD: The policy negotiations between Pakistan and the International Monetary Fund (IMF) commenced today to finalize the budget for the upcoming fiscal year 2025-2026. The...
PSX surges with 600-points gain in opening session
KARACHI: Pakistan Stock Exchange opens on a bullish note, rallying by 600 points in early trading sessions. The Pakistan Stock Exchange (PSX) kicked off the...
Punjab Government Allocates Rs.61 Billion for New Business Initiative
LAHORE: Punjab government has set a new record by providing loans of sixty-one billion rupees to more than one hundred and seven thousand individuals to...
Gold price surge in Pakistan
KARACHI: The rate of gold increased again in Pakistan by Rs.2400 per tola According to the All Pakistan Gems and Jewelers Association, the price of...
Gold price upticks by Rs.900 per tola
KARACHI: The rate of gold increased by Rs.900 per tola According to All Pakistan Gems and Jewellers Association, the rate of gold increased again in...
Stock Market maintains bullish trend with level of 120,000 holding steady
KARACHI: Pakistan Stock Exchange continues to exhibit a bullish trend, with the index once again surpassing the 120,000 mark. On the last trading day of...
Government has announced new Petroleum prices for next 16 Days
ISLAMABAD: Government has announced new prices for petroleum products for the upcoming 16 days. While the price of petrol has been kept unchanged, diesel and...
Significant Drop in Global Oil Prices Following Trump’s Hint at Nuclear Deal with Iran
WEB DESK: Global oil prices have seen a notable decline following former U.S. President Donald Trump’s indication of a potential nuclear agreement with Iran. Oil...
Pakistan proposes zero-Tariff trade deal to US
ISLAMABAD: Pakistan has proposed a zero-tariff bilateral trade agreement with the United States (US) following President Donald Trump’s intent to ‘substantially’ boost trade with Pakistan...
Trump tells Apple CEO Tim Cook to stay out of India
Doha: President Donald Trump asked Apple CEO Tim Cook to stop manufacturing in India and increase production in the United States even New Delhi has...
Huge cut in Gold prices as Rs 6,700 per tola decline
Karachi: The price of 24 karat per tola gold witnessed a decrease of Rs.6,700 on Thursday today and was sold at Rs.335,200 , All Pakistan...
PM directs to formulate agro-industrial development policy aimed at counter climate change promotion
Islamabad:Prime Minister Shehbaz Sharif has directed the authorities concerned to formulate a sustainable and long-term policy for agro-industrial development to promote agriculture and forestry, as...
Pakistan and IMF begin virtual negotiations for Budget 2025-26
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have commenced virtual negotiations to discuss the upcoming fiscal year’s budget, sources revealed. The talks, which are...
PSX opens with a strong gain, crosses the level of 119,000 points
KARACHI: Positive trend has been observed once again in Pakistan Stock Market. The Pakistan Stock Exchange (PSX) opened on a positive note today, with the...
Mix trend grips PSX today as market closes after losing 39 points
Karachi: A mix trend witnessed at the Pakistan Stock Exchange (PSX) today as Karachi 100 Index closed at 1,18,536 point after losing 39 points. A...
Gold prices down by Rs 2,300 per tola
Karachi :The price of 24 karat per tola gold witnessed a decrease of Rs.2,300 on Wednesday and was sold at Rs.341,900, All Pakistan Sarafa Gems...
Major reduction of Rs 8 likely in petroleum prices for next fortnightly
Islamabad: A major reduction in petroleum prices is likely from next fortnightly May 16 owing to petroleum product prices decreased in the international market. It...
IMF disburses second loan Installment to Pakistan
WEB DESK: Pakistan has received the second installment of its loan program from the International Monetary Fund (IMF), totaling $760 million under the Extended Fund...
Karachi Stock Market suffers from negative trend on third trading day
KARACHI: Karachi Stock Exchange experienced a downturn on the third day of this week’s trading session, with the market closing lower by 148 points. The...
US, KSA leadership signs multi-billion dollar deals
RIYADH: U.S. President Donald Trump signed a strategic economic agreement with Saudi Arabia on Tuesday as the oil power rolled out the red carpet for...
LNG prices slashed
ISLAMABAD: The prices of LNG decreased and notification issued in this regard. According to the notification of OGRA, the prices of LNG decreased by $1.71...
Gold prices uptick Rs 4,700 per tola
Karachi: A big uptick reported in Gold prices on Tuesday,today as per tola up by Rs 4,700 to settle at Rs 3,44,200. On the other...