Gold price to reach new heights after uptick of Rs 7800 per tola
Karachi: Gold price on Monday, today, climbed to new heights after an increase of Rs 7800 by per tola to reach Rs 3,50000. On the...
SBP lowers down interest rate by one percent
Karachi: The State Bank of Pakistan (SBP) on Monday diminished interests rate by one percent as it announced the monetary policy. The Monetary Policy Committee...
IMF delegation to visit Pakistan from May 14 to 22 to finalize budget
Islamabad: The International Monetary Fund (IMF) delegation will visit Pakistan on May 14 to finalize budget for the financial year 2025-2026. The IMF delegation will...
State Bank monetary policy announcement expected today, rate cut possible
KARACHI: The State Bank of Pakistan will announce its monetary policy today, a reduction in the interest rate is expected. A crucial meeting of the...
IMF mandates utility stores employee terminations in Pakistan by June 30
ISLAMABAD: Pakistan is undertaking a significant restructuring of its state-run Utility Stores Corporation (USC) under advisement from the International Monetary Fund (IMF), just weeks before...
Karachi Stock Market sees decline on first day of trading week.
KARACHI: The Pakistan Stock Exchange (PSX) experienced a downturn on the first trading day of the week, with the benchmark KSE-100 index falling below a...
Financial scector shake-up: Escorts Investment Bank acquisition announced
ISLAMABAD, May 5, 2025 — A significant shift is on the horizon for Pakistan’s financial sector as Geneva-based wealth manager Kamran Malik and Karachi-based entrepreneur...
Pakistan bans imports from India
ISLAMABAD: The government of Pakistan has officially banned the import of all goods originating from India in a major move reflecting the escalating tensions between...
People flock to Northern Bypass Cattle Market to see surge in sacrificial animals
KARACHI: The Northern Bypass Cattle Market, known as Asia’s largest livestock hub, has entered its 15th day, drawing a growing number of visitors each day...
India Halts Imports from Pakistan Amid Rising Post-Pahalgam Tension
ISLAMABAD: India has banned imports from Pakistan amid post-Pahalgam tension India said on Saturday it had banned the import of goods coming from or transiting...
Gold price drops in Pakistan
KARACHI: The price of gold decreased again by Rs.2300 per tola According to the All Pakistan Sarafa Gems and Jewellers Association, the price gold per...
India starts interfering Pakistan affairs as demands IMF to review loans to Pakistan
Web Desk: India has started interfering Pakistan affairs it has asked the International Monetary Fund (IMF) to review loans disbursed to Pakistan, an Indian government...
PSX intensively speeds up today crossing three limits, gains 2787 points
Karachi :The 100-Index of the Pakistan Stock Exchange (PSX) intensely sped up with trend on Friday crossing three limits while it gained 2787.36 points, whereas...
Gold price dips by Rs.1,300 per tola
Karachi:The price of 24 karat per tola gold witnessed a decrease of Rs.1,300 and was sold at Rs.344,500 on Friday , All Pakistan Sarafa Gems...
Market gains on the final day of the business week.
KARACHI: KSE-100 Index experienced a remarkable rally on the final day of the business week. The stock market crossed a significant milestone, gaining 1,633 points...
Government cuts Petroleum product prices
ISLAMABAD: The government has announced a reduction in petroleum product prices, effective from today MAY 01. According to the Ministry of Finance, both petrol and...
Pakistanis capable of driving national, global economic growth: PM
Islamabad: Prime Minister Shehbaz Sharif has said the government will prioritize involving Pakistani investor community in the reform process of IT and other sectors. Chairing...
It is our steadfast commitment to building world class digital infrastructure: DPM Dar
Islamabad: Deputy Prime Minister Ishaq Dar has said Pakistan is open for digital business. Addressing the two-day Digital Foreign Direct Investment Forum in Islamabad on...
PSX remains intensively bearish today as market loses 3545 points
Karachi: Pakistan Stock Exchange (PSX) on Wednesday, today, remained intensively bearish as Karachi 100 Index lost three limits. The PSX closed at 1, 11, 326...
Gold price down by Rs.3,400 per tola
Karachi :The price of 24 karat per tola gold witnessed a decrease of Rs.3,400 and was sold at Rs.345,800 on Wednesday , All Pakistan Sarafa...
Pakistan Stock Exchange declines by 1797 points.
KARACHI: On the third day of the trading week, the 100 Index dropped below a certain limit. Pakistan Stock Exchange (PSX) witnessed a steep decline...
PSX witnesses bullish trend, gains 808.28 points
Karachi : The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 808.28 points while it closed at 114,972.18 points. A...
Gold price up by Rs.2,100 to Rs.349,200 per tola
Karachi:The price of 24 karat per tola gold witnessed an increase of Rs.2,100 and was sold at Rs.349,200 on Tuesday , All Pakistan Sarafa Gems...
Petroleum product prices expected to remain unchanged
ISLAMABAD: It is likely that petroleum product prices in the country will remain stable. According to the sources, there is no expectation of any changes...
President, PM appreciate security forces for killing 17 Khawarij in N Waziristan operation
Islamabad: President Asif Ali Zardari and Prime Minister Muhammad Shehbaz Sharif have appreciated the security forces for killing seventeen terrorists of Fitna-al-Khwarij during an operation...
PSX witnesses bearish trend, loses 1,405 points
Karachi :The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 1,405.45 points while closed at 114,063.90 points. A total of...
Gold prices dip by Rs.1,600 per tola
Karachi: The price of 24 karat per tola gold witnessed decrease of Rs.1,600 and was sold at Rs. 347,100 on Monday , All Pakistan Sarafa...
Stock Market resumes with 116,000 level on a first day of business
KARACHI: Pakistan Stock Exchange experienced a bullish trend as the index once again touched the 116,000 mark. On the first day of the trading week,...
World Liberty Financial partners with Pakistan Crypto
ISLAMABAD: World Liberty Financial (WLF) — the decentralized finance (DeFi) platform, has signed a landmark Letter of Intent (LOI) with the Pakistan Crypto Council (PCC)...
PSX rises even as Pak-India relations worsen
KARACHI: Despite escalating tensions with neighboring India, the Pakistan Stock Exchange (PSX) managed to end Friday on a positive note. The KSE-100 index, the benchmark...
PIA privatization process to be streamed on digital platforms.
ISLAMABAD: Prime Minister Shehbaz Sharif has mandated that the ongoing privatization process of Pakistan International Airlines (PIA) be broadcast live on television and digital platforms...
Closure of Pakistani airspace deals a severe blow to Indian airlines.
WEB DESK: The closure of Pakistani airspace has dealt a severe blow to Indian airlines, resulting in increased flight durations for routes to Europe and...
Gold value drops down by Rs. 3,300 per tola.
KARACHI: Gold price has decreased by 3,300 rupees, bringing the price of one tola (around 11.66 grams) to 348,700 rupees. With recent fluctuations in the...
Positive market momentum in PSX on final trading day of the week
KARACHI: Positive start to trading at the Pakistan Stock Exchange, as the index shows an upward trend once again. Karachi Stock Exchange witnessed a notable...
Bearish trend continues at PSX in morning session
Karachi: The Pakistan Stock Exchange (PSX) opened on a bearish note Thursday. Morning session volatility pushed the PSX benchmark KSE-100 Index to an intraday low...
Democrats led dozen of US states sue Trump over tariffs
Washington: A dozen states, most of them led by Democrats, sued President Trump over his tariffs , arguing that he has no power to “arbitrarily...
Finance Minister meets Saudi, UAE, Chinese Ministers
Washington: Minister for Finance, Muhammad Aurangzeb has met with the United Arab Emirates, Minister of State for Financial Affairs, Mohamed Bin Hadi Al Hussaini, Saudi...
Gold prices decline by Rs.11,700 to 352,000 per tola
Karachi: The price of 24 karat per tola gold witnessed a sharp decrease of Rs.11,700 on Wednesday,today, and was sold at Rs.352,000 , All Pakistan...
IMF lowers Pakistan growth forecast to 2.6%
ISLAMABAD: International Monetary Fund (IMF) has lowered its forecast for Pakistan’s economic growth to 2.6 percent. The IMF also revised global economic growth projections due...
Positive trend continues at Pakistan Stock Exchange
KARACHI: On the third day of this trading week, the stock market experienced a notable surge right at the start of the trading session. Pakistan...
Mix trend witnessed at PSX as 100 Index gains 46 points
Karachi: The 100-Index of the Pakistan Stock Exchange (PSX) gained 46.97 points on Tuesday, today, while it closed at 118,430.35 points. A total of 740,872,571...
FINMIN calls on MD IMF, reiterates govt’s commitment to maintaining reform momentum
Washington: Finance Minister Muhammad Aurangzeb has reiterated the government’s commitment to maintaining the reform momentum. During his meeting with IMF Managing Director Ms. Kristalina Georgieva...
Gold prices up further Rs.5,900 per tola to reach all time high
Karachi:The price of 24 karat per tola gold witnessed an increase of Rs.5,900 on Tuesday and was sold, all time high, at Rs.363,700 , All...
Positive start to stock market trading on second day of business week
KARACHI: Stock market opened on a strong note today, continuing the positive momentum from the previous trading day. The 100 Index surged by 218 points,...
Pakistan, Rwanda agree to deepen ties in diverse sectors
Islamabad: Pakistan and Rwanda have agreed to deepen their cooperation in areas of trade, investment, defense, diplomacy, and people to people exchanges. The understanding came...
Gold prices uptick by all time high of Rs.8,100 per tola
Karachi: The price of 24 karat per tola gold witnessed an increase of Rs.8,100 on Monday, today, and was sold, all time high, at Rs.3,57,800...
Bullish trend at PSX as 100 Index gains 1067 points
Karachi: Pakistan Stock Exchange (PSX) on Monday,today, witnessed a bullish trend during trading today with an increase of over 1067 points in the 100 Index....
Karachi Stock Market shows upward momentum on business week kickoff
KARACHI: Pakistan Stock Exchange experienced a significant boost on the first day of the business week, Hundred Index crossed a notable threshold. As trading progressed,...
Agriculture can be developed by promoting agro-based cottage industries: PM
Islamabad: Prime Minister Shehbaz Sharif has emphasized the need to achieve agricultural self-sufficiency by modernizing the sector and harnessing potential of youth and experienced experts....
Gold prices remain unchanged at Rs.349,700 per tola
Karachi:The price of 24 karat per tola gold remained unchanged at Rs.349,700 on Saturday, All Pakistan Sarafa Gems and Jewelers Association reported. The prices of...