Current Account Deficit Falls To $3.66 Bn In Jul-December 2022
Islamabad: The Current Account Deficit shrank by 60 percent to US$3.66 billion during first half (Jul-Dec) of current fiscal year as against the deficit of...
CAD Drops to $0.4 Billion in December, SBP
According to data issued by the State Bank of Pakistan (SBP), Pakistan’s current account deficit decreased (CAD) dramatically to $0.4 billion in December 2022 compared...
Gold Price Increases in Pakistan
Gold price bounced back on Wednesday as bargain hunters took advantage of recent uncertainty, but the precious metal’s outlook was still clouded by prospects of...
SBP Issues Statement Regarding Encashment of Withdrawn Prize Bonds
Following the approval of the federal government, the State Bank of Pakistan (SBP) announced an extension in the date to redeem withdrawn prize bonds of...
UAE Rolls Over 2 Billion Dollars For Stabilizing Pakistani Economy
Islamabad: A senior officer of Finance Ministry has apprised that Pakistan’s Islamic brotherly country, United Arab Emirates (UAE) has rolled over two billion dollars for...
Bullish Trend Prevailed At PSX As It Gains 448.88 Points Today
Karachi: The 100-index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Wednesday, gaining 448.88 points. A total of 153,090,751 shares were...
Action Will Be Taken Soon Against Banks Who Earned Profits From Dollars: SBP Governor
Karachi: Governor State Bank Of Pakistan (SBP) Jameel Ahmed on Wednesday (today) said that a probe against the banks who earned profits from dollar has...
Decrease Of Rs 10.26 Per Unit Likely For K-electric Customers For Month Of December Last Year
Karachi: There is good news for Karachiites regarding electric consumers as it is likely that Rs 10.26 per unit will be decreased for the month...
Pakistan, Russia Agree To Enhance Bilateral Ties In Diverse Fields
Islamabad: Pakistan and Russia have agreed to enhance bilateral relations in diverse fields. The agreement was made between Pakistan and Russian officials during 8th meeting...
Pakistan-Russia Inter-governmental Commission Meeting Begins
ISLAMABAD: The 8th meeting of the Pakistani-Russian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation started here on Wednesday. This session aims at reviewing...
ECC Approves Import of Old Tractors For Farmers
The Economic Coordination Committee of the Cabinet has approved import of up-to five-year old tractors under the Kissan package to reduce cost of tractors. The...
Gold Price Declines by Rs1800 per tola to Rs183,900
The price of a single tola of 24-karat gold was recorded in Hyderabad at Rs.183,900 on Tuesday. The price of 10 grams of 24k gold...
Govt Decides To Keep Petrol, Diesel Prices To Remain Unchanged
Islamabad: Government has decided that the price of petrol and diesel will remain unchanged till January 31. Finance Minister Ishaq Dar announced the decision on...
Gold Prices Shoot up by Rs5000/Tola
The price of 24 karat per tola gold witnessed an increase of Rs5,000 on Friday and was sold at Rs186,100 against its sale at Rs181,100...
Punjab Govt Approves Six Development Schemes Costing Over Rs6bln
The Punjab government has approved six development schemes of various sectors with an estimated cost over six billion rupees. These schemes were approved in the...
Dar Denies Govt’s Consideration To Have Access To Foreign Exchange Held With Commercial Banks
Islamabad: Finance Minister Ishaq Dar has categorically denied any of government’s consideration to have an access to foreign exchange held with the commercial banks. National...
World Bank projects Pakistan’s growth at 2.0 percent in FY 2022-2023
WASHINGTON:With the World Bank warning that the global economy is “perilously close to falling into recession”, the development lender forecast Pakistan’s growth at 2.0 percent...
OGRA Approves Increasing Natural Gas Prices By 74 Percent
Islamabad: The Oil and Gas Regulatory Authority (OGRA) has approved a 74 per cent increase in the prescribed prices of natural gas for the 2022-23...
LPG Prices Increased By Rs 5 Without OGRA Notification
Islamabad: The prices of Liquefied Petroleum Gas (LPG) were increased by Rs5 per kg without a notification from the Oil and Gas Regulatory Authority (OGRA)....
PM Shehbaz Sharif will visit UAE from Thursday
Islamabad:Prime Minister Muhammad Shehbaz Sharif will pay a two-day visit to the United Arab Emirates from Thursday at the invitation of UAE’s President Sheikh Mohamed...