PR Suspends Passenger Train Operation Due to Heavy Rains and Floods
ISLAMABAD: Pakistan Railways has suspended its passenger operation at a track of ML-1 from Khanpur to Hyderabad due to flood near Nawabshah. Addressing a press...
PSX Falls in Red
KARACHI: The Pakistan Stock Exchange (PSX) witnessed another round of thrashing on the last day of the rollover week as investors continued to mourn the...
Gold Price Of Remains Unchanged in Pakistan
KARACHI: Gold price remained unchanged in Pakistan despite rupee depreciation against the US dollar — which lost Rs6.01 during the week. According to rates issued...
Gold Price Increases By Rs1200
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs1200 per tola and was sold at Rs147,100 on Thursday against its...
PSX Loses 305 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing 305.40 points, with negative change of 0.70 percent, closing...
Gold Price Declines Rs100 to Rs145,900 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed a decrease of Rs100 per tola and was sold at Rs145,900 on Wednesday against its...
Qatari Investment Authority To Invest 3Bn Dollar In Pakistan
ISLAMABAD: Qatar has agreed to make investments of up to US$3 billion in Pakistan. The brotherly country announced the initiative for Pakistan as the Prime...
Pakistan Railways Reclaims Tezgam’s Control After Viral Dance
KARACHI: Pakistan Railways has reclaimed the control of Tezgam train after a dance video inside the train went viral over social media. According to details,...
PSX Gains 540 Points to Close at 43,366.77 Points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Tuesday, gaining 540.11points, a positive change of 1.26 percent, closing at 43,366.77...
Rupee Declines 0.46pc Against US Dollar
KARACHI: The rupee saw a tumultuous day of trading on Tuesday, beginning with a gain in the early hours of trade before ending with a...
Pakistan To Get $1.17 Bn Loan Tranche From IMF Within Six Days: SBP Governor
KARACHI: State Bank of Pakistan (SBP) Acting Governor Murtaza Syed said that Pakistan is likely to receive a $1.17 billion loan tranche from the International...
Gold Price Jumps by Rs3,550 Per Tola in Pakistan
KARACHI: In line with rising inflation and rupee depreciation, the price of gold in Pakistan jumped by 2.48% per tola boosted by concerns regarding uncertain...
SBP Retains Previous Mark Up For Monetary Policy Of Next Two Month
Karachi: State Bank Of Pakistan has retained mark up of 15 percent in a new monetary policy for two months 1/5 At today’s meeting, the...
Bearish Trend Witnesses At PSX As Market Sheds 443 points
Karachi: Pakistan Stock Exchange (PSX) today (Monday), first day of the week, witnessed bearish trend as 100 index lost limit of 42,000. The market closed...
Dollar Strengthens Against Rupee By 65 Paisas
Karachi: The US dollar (Monday) today, first day of week, strengthened against rupee by 35 paisas in inter-bank market. After a slight uptick of 35...
Bearish Trend Prevails At PSX As Market Sheds 289 Points
Karachi: Pakistan Stock Exchange (PSX) today (Monday), first day of the week, witnessed bearish trend as 100 index lost limit of 42,000. The market with...
SBP To Announce New Monetary Policy Today
Karachi: State Bank Of Pakistan (SBP) today (Monday) will issue a new monetary policy. It is likely that rate of mark-up will be remained same....
Uptick In Electricity Prices Likely As CPPA Appeals NEPRA For Hiking Charges
Islamabad: It is likely that electricity prices can go up more by Rs 4.69. Central Power Purchasing Agency (CPPA) has moved an appeal to National...
Rain-Hit Pakistan Faces Flood Inflation As SPI Rises to 42.31%
ISLAMABAD: Following an increase in petrol and food prices, the weekly inflation — based on the sensitive price index (SPI) — surged by 3.35% week-on-week...
Jameel Ahmed Appointed SBP Governor
KARACHI: Jameel Ahmed has been appointed as Governor State Bank of Pakistan (SBP) for five years. A notification to this effect was issued by the...