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...
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....