IMF allows Pakistan Rs1 P/U electricity tariff cut
ISLAMABAD: The International Monetary Fund (IMF) has allowed the Pakistan government to reduce the electricity tariff by Rs1 per unit. The relief will be provided...
Gold price rise again in Pakistan
KARACHI: Today, there was a significant increase in the price of gold, which has now reached a new record level. According to the All Pakistan...
Railway Minister announces hiring 500 railways police personnel
Quetta: Federal Minister for Railways Hanif Abbasi has categorically ruled out any talks with terrorists. Addressing a news conference in Quetta, he vowed to pursue...
Pakistan issuing Panda Bonds to access China’s Capital Market: Finance Minister
Islamabad: Minister for Finance and Revenue Muhammad Aurangzeb has expressed Pakistan’s desire to issue yuan-denominated “panda bonds” this year to deepen its market integration with...
Pakistan intends to prefer Chinese investments, technical support over aid: FINMIN
Islamabad: Finance Minister Muhammad Aurangzeb has said Pakistan intends to prefer Chinese investments and technical support over aid. In an interview with China Global Television...
It will not take long to provide relief to masses in electricity prices: Power Minister
Islamabad: Federal Minister for Energy and power and alternative resources Owais Leghari on Wednesday, today, said that it will not take long to provide relief...
PSX remains bullish gains 1,139 points today
Karachi:The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gained 1,139.14 points while closed at 117,772.31 points. A total of...
Gold prices remain unchanged at Rs 317,800 per tola
Karachi:The price of 24 karat per tola gold witnessed no change on Wednesday and was traded at existing rate of Rs.317,800, All Pakistan Sarafa Gems...
PM opposes net monitoring policy for consumers using solar energy
Islamabad: Prime Minister Shehbaz Sharif has opposed a net monitoring policy on consumers using solar. The PM has stopped receiving of additional tax approval in...
Staff-level agreement with IMF marks significant milestone: PM
Islamabad: Prime Minister Shehbaz Sharif says the staff-level agreement with the International Monetary Fund (IMF) marks a significant milestone in further stabilizing Pakistan’s economy. Chairing...
Pakistan Stock Exchange experiences a significant surge
KARACHI: Pakistan Stock Exchange witnesses a remarkable rally, with the index surpassing the impressive milestone of 118,000 points. The Pakistan Stock Exchange experienced a significant...
Pakistan and IMF reached on successful negotiation agreement
ISLAMABAD: Negotiations between Pakistan and International Monetary Fund (IMF) for a loan of $1.3 billion has been successful. The International Monetary Fund (IMF) has announced...
Salik Hussain Urges Stakeholders to Transform OPF into a Profit-Oriented Entity
ISLAMABAD: Chaudhry Salik Hussain, Minister for Overseas Pakistanis and Human Resource Development, presided over a high-level meeting in Islamabad to assess the performance and future...
OCAC claimed smuggling causes decline in petrol, diesel sales in Pakistan
ISLAMABAD: Oil Companies Advisory Council (OCAC) has raised concerns over a decline in petrol and diesel sales due to smuggling, urging the Federal Board of...
Gold price slashes by Rs.800 per tola
KARACHI: After the increase yesterday, today the price of gold has decreased by Rs.800 per tola According to the All Pakistan Gems and Jewelers Association,...
Pakistan’s Finance Ministry predicts inflation climb up to 3% in April
ISLAMABAD: Pakistan’s Ministry of Finance has stated its latest monthly economic outlook, which presents a blend of positive and challenging trends within the economy. The...
CM Punjab conducts draw for prize reward scheme “Gandum Ugao”
Lahore: Chief Minister (CM) Punjab Maryam Nawaz on Tuesday, today, conducted a digital draw for prize reward scheme ” Gandum Ugao” ( Grow wheat) by...
PSX experiences bearish trend, drops 2002 points
KARACHI: A severe decline was observed in the Pakistan Stock Exchange, and the 100 index closed with a drop of more than 2000 points. On...
Gold rate uptick again by Rs.600 per tola
KARACHI: After a two-day decrease, the price of gold has once again risen today by Rs.600 per tola. According to the All Pakistan Gems and...
SBP issues new currency notes to Banks for provision to public on Eid-Ul-Fitr
Karachi: The State Bank of Pakistan (SBP) has issued new currency notes for distribution on Eid Ul Fitr among masses on exchange of old notes....
Umar Farooq Zahoor awarded Crescent of Excellence
WEB DESK: Crescent of Excellence for Umar Farooq Zahoor for bringing $700m direct foreign investment, Zahoor has played crucial role in promoting bilateral economic ties...
PSX shows bullish trend during past week
KARACHI: The Pakistan Stock Exchange (PSX) continued its history-making spree this past week with bulls on accelerator, highlighting positive trends, achieve of several records and...
Gold price drops by Rs.800 per tola
KARACHI: The rate of gold down by Rs.800 per tola in Pakistan According to the All Pakistan Gems and Jewelers Association, the price of gold...
IMF recommends Pakistan to set tax target of 15 tr in next budget
ISLAMABAD: The International Monetary Fund (IMF) has proposed a tax target of over Rs 15 trillion for Pakistan in the next budget, ARY News reported...
Pakistan’s footwear exports witness substantial growth in current fiscal year
Karachi:Pakistan’s footwear exports saw a significant growth of 15.48% in the first eight months of the 2024-25 fiscal year. The footwear exports have reached $126.413...
Trinasolar adds in Pakistan as solar distributor amid soaring demand
Lahore: Trinasolar, a global leader in smart PV and energy storage solutions, has reinforced its commitment to Pakistan’s renewable energy sector by signing Memorandums of...
Gold price down by Rs.2000 per tola
KARACHI: The price of gold decreased by Rs.2000 per tola in Pakistan According to the All Pakistan Gems and Jewelers Association, the price of gold...
Pakistan set to receive $1.2 Billion Saudi oil facility, disbursement kicks off this month
WEB DESK: Pakistan is poised to benefit from a $1.2 billion oil financing facility from Saudi Arabia, with monthly disbursements of $100 million set to...
Pakistan IT services flourishing abroad as country earned US $2.177 billion in current fiscal year
ISLAMABAD: Pakistan Information Technology (IT) services in various countries are flourishing as the country earned US $2.177 billion by exporting different countries during the first...
PM expresses happiness as PSX surpasses 1,19,000 points for first time in its history
Jeddah: Prime Minister Muhammad Shehbaz Sharif has expressed satisfaction regarding the Pakistan Stock Exchange surpassing the 1,19,000 points mark for the first time in its...
Rupee depreciates against dollar by 02 paisa
Karachi:The Rupee on Thursday,today, depreciated by 02 paisa against the US Dollar in the inter-bank market trading and closed at Rs 280.22. However, according to...
Bullish trend continues at PSX as 100 Index gains 795 points
Karachi:The 100-Index of the Pakistan Stock Exchange (PSX) on Thursday, today, continued with bullish trend, gained 795.74 points while closed at 118,769.77 points. A total...
Gold prices uptick by Rs 1800 per tola
Karachi:The price of 24 karat per tola gold increased by Rs.1,800 and was traded at Rs.320,800 on Thursday,today , All Pakistan Sarafa Gems and Jewelers...
PM invites Saudi investors to explore opportunities in Pakistan under SIFC
Jeddah: Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s commitment to facilitating Saudi investors. Talking to Saudi Investment Minister Khalid Al-Falih and Head of the Joint...
KSE-100 index rises over 1,000 points, crosses 119,000 threshold
KARACHI: Fourth day of the week in stock market has made a bullish trend, 100 index crosses over 119,000 points. The Pakistan Stock Exchange (PSX)...
Govt to announce Rs 8 per unit electricity price cut likely on March 23
Islamabad: Government is set to announce an electricity tariff reduction of Rs8 per unit. Prime Minister Shehbaz Sharif expected to make the official announcement on...
Bullish trend grips PSX as it gains 972 points
Karachi: The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, today, gaining 972.94 points, while closed at 117,974.03 points. A...
Gold prices up by Rs 1650 per tola today
Karachi: The price of 24 karat per tola gold increased by Rs.1,650 and was traded at Rs.319,000 on Wednesday, All Pakistan Sarafa Gems and Jewelers...
World Bank approves $102 Million loan for Pakistan
ISLAMABAD: World Bank has approved a loan of 102 million dollars for Pakistan. The loan amount will benefit 1.89 million individuals, according to the World...
Stock Market stabilizes as index rebounds to 117,000
KARACHI: Positive trend in Pakistan Stock Exchange, Index recovers at 117,000 level. Positive trend has begun on the third day of the trading week at...
Govt collects Rs.107.12 P/L tax on petrol, duties and margins
WEB DESK: Details of taxes, duties, and margins on petroleum products have been revealed for consumers. According to report available a total of Rs.107.12 are...
PSX witnesses positive trend, gain 800 points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed bullish trend for the second consecutive day of trade, with the benchmark index gaining more than 800 points...
Dollar rate increase by 10 paisa
KARACHI: The rate of dollar increased by 10 paisa in Interbank According to the currency dealer, the rate of dollar up by 10 paisa to...
China announces $41bn discount programme all sort of things for masses
BEIJING: The Chinese government has promised new child care subsidies, increased wages and better paid leave to revive a slowing economy. That is on top...
Massive increase in gold price
KARACHI: The price of gold has reached a historic high worldwide, including in Pakistan. According to the All Pakistan Gems and Jewelers Association, the price...
Railway Minister says Jaffar Express to resume operations from today
Islamabad: Federal Minister for Railways, Muhammad Hanif Abbasi says Jaffar Express will resume its operations from today. The service had been suspended after the railway...
PM meets U.S. top IT Company Affinity in Islamabad
ISLAMABAD: A delegation from American multinational IT company Affinity met with Prime Minister Shehbaz Sharif, expressing keen interest in expanding investments in Pakistan’s IT sector....
Gold price rise again by Rs.1,100 per tola
KARACHI: The price of gold in the country touched a historic high after further appreciation by Rs.1,100 per tola. According to the All Pakistan Gems...
FinMin commends National Health and Population Policy team for their hard work, progress makes so far
Islamabad:Minister for Finance commended the National Health and Population Policy team for their hard work and the progress made so far. A high-level meeting was...
New oil and gas reserves from Spinwam-1 Well in North Waziristan discovered
Web Desk: New oil and gas reserves from the Spinwam-1 Well in North Waziristan’s Karghar Formation discovered. Mari Petroleum Company Limited (MPCL) has announced the...