SBP Keeps Interest Rate Unchanged
KARACHI: The State Bank of Pakistan (SBP) announced its bi-monthly monetary policy on Monday and decided to maintain its policy rate at 9.75 percent. Addressing...
SBP To Announce Monetary Policy Today
KARACHI: The State Bank of Pakistan (SBP) is scheduled to meet today to decide on the monetary policy of Pakistan and determine the benchmark interest...
Power Tariff Likely To Go Up
KARACHI: The government is likely to increase electricity rates by up to 95 paisa per unit to meet commitments made with the International Monetary Fund...
EU Refuses To Lift Ban From PIA Flights
WEB DESK: The European Union Aviation Safety Agency (EASA) has retained ban on Pakistan International Airlines (PIA) flight to the union. The EASA, in its...
SBP Hosts Event on “Digital Banks – A New Era in Pakistan”
KARACHI: SBP issued “Licensing and Regulatory Framework for Digital Banks” on January 03, 2022. To create awareness of this important development in regulatory ambit, SBP...
Prices of 24 Edible Items Go Up
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 20, for the combined consumption group, witnessed decrease of 0.06...
Gold Price Down By Rs50 Per Tola
KARACHI: The price of gold in Pakistan decreased by Rs50 per tola on Friday to reach Rs125,850 per tola. The international gold price also witnessed...
Bearish Spell Ends With 192-Point Rise at PSX
KARACHI: The Pakistan Stock Exchange (PSX) on Friday witnessed a bullish trend with the benchmark KSE-100 index gaining 192 points to close up 0.43 per...
ECC Allows Removal of 45 Percent Regulatory Duty On Chilghoza Import
Islamabad: The Economic Coordination Committee of the Cabinet has approved export of selected commodities to Afghanistan against Pakistan currency, considering the food crisis and prevailing...
NEPRA Power Tariff By Rs0.99 Paisas Per Unit
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has notified reduction electricity prices in the country by Rs0.99 per unit. According to details, the approval for...
PSX Loses Seven Points
KARACHI: The 100-index of the Pakistan Stock Exchange (PSX) Thursday witnessed slight bearish trend, losing 7.46 points, a nominal negative change of 0.02 percent, closing...
Gold Prices Rise Rs 700 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 700 and was sold at Rs 125,900 on Thursday against its...
PSX Loses Over 600 Points
KARACHI: Pakistan Stock Exchange on Wednesday witnessed another lacklustre trading session as it lost the 45,000 points level and ended the day on a negative...
Bearish Trend In PSX As 100 Index Falls 104 Points
KARACHI: Bears maintained their control over the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 Index falling another 104 points as higher oil...
Gold Price Witnesses Minor Decrease
KARACHI: The price of 24 karat per tola gold witnessed decrease of Rs 200 and was sold at Rs 125,000 on Tuesday against its sale...
Sherry Rehman Expresses Concerns On Increasing Import Bill and Trade Deficit
Islamabad; Vice-President Pakistan People’s Party (PPP) Sherry Rehman has expressed concerns over ever increasing import bill and trade deficit. In her statement, Sherry Rehman said...
KSE-100 Index Loses 151 Points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish session on Monday, with the benchmark KSE-100 Index shedding 151.25 points (-0.33 percent) to close at...
Oil Extends Rally On Supply Tightness
WEB DESK: Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain...
Govt Releases Two Years Performance Report of KJP
ISLAMABAD: Government has set the target of disbursing loans worth fifty billion rupees under Kamyab Jawan Program this year to promote entrepreneurship amongst youth and...
Weekly Inflation Continues to Rise
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 13, for the combined consumption group, witnessed decrease of 0.43...