World Bank to Provide $850m in Aid to 34 flood-Affected Districts of Pakistan
World Bank will provide 850 million dollars in aid to the 34 flood-affected districts of Pakistan including Dera Ghazi Khan and Rajanpur. A delegation of...
Fuel Prices To Remain Unchanged in Pakistan For Next 15 Days
Finance Minister Ishaq Dar announced Saturday that the price of petroleum products in the country would remain unchanged. As per details, the givt despite the...
Weekly Inflation Eases by 0.57 Percent
The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on October 13 for the combined consumption group witnessed a decrease of 0.57...
Gold Price Drops in Pakistan
KARACHI: Gold price in Pakistan broke its three-day-long winning streak as price declined by Rs800 per tola. The gold price declined by Rs800 per tola...
NEPRA Approves Decrease Of Rs4.89 Per Unit In FAC For K-Electric Consumers For August
The National Electric Power Regulatory Authority (NEPRA) approved a reduction of Rs4.89 per unit for K-Electric (KE) consumers on account of fuel adjustment charges FAC...
US Dollar Gets Raise In Its Value As Rs 4 Increased In Its Price In Open Market
Karachi: The US dollar has taken high flight on Friday in open market after almost two weeks as the dollar price increased by Rs 4...
Dollar Devaluation Streak Continues As It Losses 12 Paisa In Inter-bank Market
Karachi: The streak of US dollar devaluation continued on consecutive end of second week as the greenback reduced 12 paisa on Friday in the inter-bank...
Dar Meets World Bank’s Regional Vice President for South Asia
Finance Minister Senator Mohammad Ishaq Dar held a meeting with World Bank s Regional Vice President for South Asia Martin Raiser. Federal Minister for Economic Affairs...
Gold Rates up By Rs1,800 Per Tola
The per tola price of 24 karat gold on Thursday witnessed an increase of Rs1,800 and was sold at Rs148,100 against its sale at Rs146,300...
Three Provinces Left With No Electricity After Fault in Main Transmission Line
KARACHI: A major power breakdown has hit Karachi and other cities of the country as an Extra High Tension (EHT) line tripped and affected the...
Karachi Hit By Major Power Breakdown
KARACHI: A major power breakdown was reported from Karachi as multiple areas of the metropolis were out of electricity, confirmed K-Electric spokesperson Imran Rana on...
CNG Stations Across Sindh Including Karachi To Remain Close From Oct 14 To Oct 17
Karachi: The Sui Southern Gas Company (SSGC) has announced closure of Compress Natural Gas (CNG) stations all across the province. As per the SSGC, all...
PKR Continues Upward Trend Against Dollar
KARACHI: Pakistani currency continued to stabilize on the third working day of the week, as it made fresh recovery against the US dollar in the...
Bearish Trend at PSX
KARACHI: The Pakistan Stock Exchange (PSX) Tuesday reversed its uptrend as looming uncertainty dampened investor sentiment and they resorted to selling off their holdings in...
SSGC Rules Out 18-hour Gas Loadshedding
ISLAMABAD: Sui Southern Gas Company (SSGC) Tuesday rejected the reports that plans are afoot to increase the duration of gas loadshedding to 18 hours from...
Finance Minister Leaves For USA To Hold Talks With World Bank, IMF
Islamabad: Finance Minister Senator Ishaq Dar has left for the United States. During the visit, he will hold talks with IMF and World Bank officials....
Rupee Continues Strengthening Against Dollar On Start Of New Week
Karachi: Pakistani rupee appreciation continued on the start of the third week as it gained another Rs1.95 today in inter-bank market. According to data released...
Bullish Trend At PSX As 100 Index Gains 126.39 Points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend today, gaining 126.39 points, closing at 42,211.64 points. A total of 240,194,764 shares...
SBP Issues Monetary Policy For Next Seven Weeks Retains Interest Rate Unchanged At 15 Percent
KARACHI: The State Bank of Pakistan (SBP) decided today to leave its key interest rate unchanged at 15% for the next seven weeks. “The committee...
Dar Summons ECC Meeting
ISLAMABAD: Finance Minister Ishaq Dar has summoned Economic Coordination Committee (ECC) of the cabinet to be held today (Monday) in Islamabad. According to sources, Economic...