People in Karachi Face Gas Shortage
Karachi: Due to the shortage of gas in the system of Sui Southern Gas Company, low pressure in most parts of the city has disturbed...
Country’s Economy Witnessing Strong Growth: PM
Islamabad: Prime Minister Imran Khan has said the country’s economy is witnessing strong growth and creating jobs. Profits of listed businesses grew 59% year on...
PKR Recoups Against US Dollar
KARACHI: The Pakistani rupee recouped some losses against the United States (US) dollar in the interbank currency market on Friday. According to the State Bank...
PSX Sheds 325 Points
KARACHI: Pakistan stocks came under pressure on Thursday as the benchmark KSE-100 Index closed in the red, losing 0.72% to end near the 45,000-point level....
Gold Prices Continue To Soar In Pakistan
KARACHI: Gold prices continued their upward trend in the domestic market as per tola rate of the precious metal witnessed an increase of Rs100 in...
PSX Gains 17 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday had a topsy-turvy trading session but end the end on a positive note with minor gains, a...
ECC Approves Import Of 50,000 metric tons of Urea
Islamabad: Economic Coordination Committee (ECC) of the Cabinet has approved import of 50,000 metric tons of Urea to fulfill needs of agriculture sector of the...
KSE-100 Index Crosses 45,000
KARACHI: The Pakistan Stock Exchange (PSX) extended its bull-run on Tuesday and jumped over 300 points as the market participants cherry-picked stocks, which had dropped...
NEPRA Okay’s Hike In Electricity Tariff For Karachi
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase in electricity tariff for Karachi in terms of fuel adjustment charges. According to...
Sindh Considering Restrictions On Business, Owing To Increase In Omicron Variant
KARACHI: Amid rising cases of Omicron variant of COVID-19 in Karachi, the Sindh health department has mulled over restricting business hours and closing down schools...
NEPRA Likely To Increase Power Tariff For KE Consumers by Rs5.50/unit
ISLAMABAD: The electricity rates for KE consumers are expected to go by Rs5.50 per unit under fuel cost adjustments for three months. The hearing on...
Weekly Inflation Crosses 20pc
KARACHI: Weekly inflation inched lower after two weeks as prices of fresh vegetables dropped down, but high electricity and gas prices continued to burden middle...
Year 2021 Remained Challenging For PSX
KARACHI: The Pakistan Stock Exchange (PSX) — a benchmark for market performance — proved to be a lost battleground in 2021. The benchmark index, which...
LPG Prices Down By Rs5.90 Per KG
ISLAMABAD: OGRA had reduced the price of LPG by Rs5.90 per kg for January. Earlier, the LPG price was reduced by Rs 14.13 on December...
Petrol Prices Jacked Up By Rs4 Per Litre
ISLAMABAD: The government dropped petrol bombs on the people with the arrival of the new year. The price of petrol and high speed diesel has...
IMF Demand 17pc GST: Chairman FBR
ISLAMABAD: Federal Bureau of Revenue (FBR) Chairman Dr Muhammad Ashfaq on Friday said the International Monetary Fund (IMF) always wanted to “eliminate the flaws” in...
PKR Continued to Slide Against US Dollar in 2021
KARACHI: Pakistani rupee strengthened and remained on average at Rs152 against the US dollar till April this year. Since April 2021, however, the currency witnessed...
PSX Closes on Positive Note
KARACHI: The final trading session of 2021 was marred by volatile activity as the benchmark KSE-100 index kept climbing and dipping throughout the day. However,...
NEPRA Decreases Electricity Price For Last Three Months Of 2021
Islamabad: National Electric Power Regulatory Authority (NEPRA) has decided to decrease electricity by 99 paisa per unit. The NEPRA has given approval for adjustment in...
Gold Prices Continue To Increase in Pakistan
KARACHI: The price of gold in Pakistan increased by Rs100 per tola to Rs126,100 on Thursday. In the international market, the price of the precious...