Amir Qatar Reiterates Resolve To Continue Cooperation, Support In Pakistan Development
DOHA: Amir of Qatar Sheikh Tamim bin Hamad Al Thani discussed a wide array of mutually beneficial issues with Prime Minister Shehbaz Sharif and reiterated...
Rupee Appreciates By Rs 3.46 Against Dollar
Karachi’: Rupee gained by Rs3.46 against the greenback in the interbank market on Monday ( today) during the intraday trade. The local unit was seen...
Pakistan Will Not Be Defaulted At Any Cost.: Ishaq Dar
Islamabad: Finance Minister Ishaq Dar on Friday lambasting on Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan said “Imran Khan led the country towards collapse. Addressing a...
Dollar Price Declines By Rs 10.31 In Inter bank Market
Karachi: Dollar price reversed on Friday as it devalued by Rs 10.31 in the inter-bank market. The greenbench was increased by Rs 19 yesterday (Thursday)...
Chinese Loan Shores up SBP-held Reserves to $3.8bn
Following the refinancing by the China Development Bank, the foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by more the $500...
Gold Price Increases in Pakistan
Following a historic decline of the Pakistani rupee against the US dollar, the per tola gold price in Pakistan surged by a whopping 4.77% as...
SBP Increases Interest Rate By Three Percent As Monetary Policy Announced
Karachi: State Bank Of Pakistan (SBP) has announced a monetary policy in which interest rate has been increased by three percent. After increasing 300 bps...
US Dollar Appreciated By Rs 18.89 In Inter-Bank, Rs 17 In Open Market
KARACHI: The rupees depreciated by Rs18.89 against the US dollar today during intra-day trade in the interbank market. The dollar price increased ahead of the...
FBR Achieves Revenue Target of last Month Collecting Rs527.2b
Federal Board of Revenue (FBR) has achieved revenue target of last month by collecting 527.2 billion rupees. In series of tweets, Finance Minister Mohammad Ishaq...
Govt Hikes Electricity Rates For Export Industries By Rs 12. 13 Per Unit
Islamabad: Government implementing International Monetary Fund (IMF) conditions, has ended subsidy on electricity for exports related industries. The federal government has made electricity expensive for...
SBP Mulls Revising Policy Rates in Rescheduled MPC Meeting on March 2
KARACHI: In an apparent attempt to increase the pace of efforts to secure the much-awaited International Monetary Fund’s (IMF) tranche, the State Bank of Pakistan...
Energy Ministry Refutes Reports Of Increase In Power Tariff By Rs 14.24
Islamabad: The Ministry of Energy has refuted reports that the power tariff is being enhanced by 14.24 rupees per unit. In a statement, the Ministry...
Thar Coal Power Project Starts Generating 2640 Megawatt Electricity: Power Minister
Islamabad: Minister for Power Engineer Khurram Dastgir says Shanghai Thar Coal Power Project has started generating 2640 Megawatt electricity utilizing the local fuel, which will...
Petroleum Prices Likely To Be Unchanged From March 1 To 15
Islamabad: The government has decided not to decrease the prices of petroleum products for local consumers for coming fortnightly. The government has taken decision despite...
Finance Ministry Overviews Action on PM’s Austerity Drive
The Ministry of Finance on Monday overviewed the actions taken on the austerity drive initiated by Prime Minister Shehbaz Sharif at the first meeting of...
TLP To Observe Countrywide Strike Today
Lahore: The Tehreek-e-Labbaik Pakistan (TLP) on Monday is observing a countrywide shutter down strike against the skyrocketing inflation and recent increase in prices of petroleum...
Dar Directs for Early Execution of Overseas Pakistanis’ Housing Projects
Finance Minister Ishaq Dar has directed the CDA authorities for early execution of housing projects for overseas Pakistanis by maintaining international standards and transparency through...
Naveed Qamar Sees Ailing Economy Getting Better Through IMF deal
Pakistan and the United States have affirmed a mutual commitment to advancing programs and policies that elevate women’s role in Pakistan’s long-term economic growth. The...
SBP Receives $700 Million From China Development Bank
ISLAMABAD: In a positive development, the State Bank of Pakistan-held (SBP) foreign exchange reserves registered a major boost on Friday as the nation received $700...
Gold Bounces Back to Rs196,100 per tola
Gold jumped on Thursday, bouncing back from the price shock received a day earlier to trade above the key Rs196,000 per tola level as record-high...