Bank timings announced for Ramadan
Karachi: The State Bank of Pakistan (SBP) has revised office and banking hours for Ramadan-ul-Mubarak 1446 A.H., which will be followed by all banks, Development...
Banks to remain closed today owing to Zakat deduction
Karachi: The State Bank of Pakistan (SBP) has announced that Monday, today, will be observed as a bank holiday across the country for deduction of...
Gold price decreases by Rs.500 per tola
KARACHI: The rate of gold decreased by Rs.500 per tola According to the All Pakistan Gems and Jewelers Association, after the Rs.500 decrease, the price...
Positive Momentum in Pakistan Stock Exchange: Weekly Overview
KARACHI: Pakistan Stock Exchange (PSX) experienced a favourable week, showcasing a robust performance in its market activities. The 100 Index witnessed a considerable increase of...
Government announces 15-day reduction in petroleum products
ISLAMABAD: The government has announced a reduction in the prices of petroleum products for the next 15 days. It has been announced that the price...
Petroleum product prices likely to reduce for next 15 days
ISLAMABAD: Ministry of Energy proposal has been made to reduce the price of diesel and Petrol. According to sources in the Ministry of Energy, a...
Gold price further decreased by Rs.2500 per tola
KARACHI: On the last business day of the month, the price of gold in the country decreased further by Rs.2500 per tola According to the...
SBP announces banks to remain close on first Ramdan for public dealings
Karachi: The State Bank of Pakistan (SBP) has announced that all banks, development finance institutions (DFIs), and microfinance banks (MFBs) will remain closed for public...
Minor Decline in the PSX 100 Index
Karachi: The Pakistan Stock Exchange had a mixed day of trading today, with a slight decline in the 100 Index. At the end of the...
Dollar rate surges by 10 paisa
KARACHI: The rate of dollar increased by 10 paisa in interbank According to the currency market dealer the rate of dollar increased by 10 paisa...
Gold price slashes for third consecutive day across the country
KARACHI: The price of gold decreased by Rs.3300 per tola According to the All Pakistan Gems and Jewelers Association, the price of gold per tola...
On orders of CM Punjab online registration of plastic manufacturers Kick off from Lahore
Lahore: On the direction of Chief Minister Punjab Maryam Nawaz online registration of plastic manufacturers, recycle traders and sellers have kicked off . Desk started...
Economic progress based on Export is our priority: Finance Minister
Peshawar: Federal Finance Minister Muhammad Aurangzeb has said that the country’s economy is heading towards stability. The Minister was addressing Peshawar Chamber of Commerce on...
Pakistan, Uzbekistan sign several MoUs, agreements
Tashkent: Pakistan and Uzbekistan have signed multiple agreements and MOUs to strengthen bilateral cooperation in the fields of defence, technology, technical training and youth empowerment....
PM reaffirms commitment to Trans Afghan Railway Project
Tashkent: Prime Minister Shehbaz Sharif has expressed Pakistan’s commitment to Trans Afghan railway project, emphasizing that this game changer project will transform trade in the...
Rupee gains 06 paisa against dollar
ISLAMABAD, Feb 26 (APP):The Rupee on Wednesday appreciated by 06 paisa against the US Dollar in the interbank trading and closed at Rs279.61 However, according...
PSX turns bearish, loses 665 points
ISLAMABAD, Feb 26 (APP):The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Wednesday, losing 665.76 points, closed at 113,862.33 points....
Gold prices slash by Rs.2,400 per tola
Karachi: : The price of 24 karat per tola gold decreased by Rs.2,400 and was sold at Rs 306,300 on Wednesday, All Pakistan Sarafa Gems...
Pakistan, Uzbekistan agree to enhance trade volume
Tashkent: Pakistan and Uzbekistan have agreed to enhance the trade volume to four billion dollars in the next four years. The understanding came at a...
Torkham Border trade crossing closed for fifth consecutive day
LANDIKOTAL: Torkham Border crossing remains closed for fifth consecutive day, resulting in $12 Million trade loss. The Torkham border crossing, a crucial trade route between...
Gold rate slashes in Pakistan
KARACHI: The rate of gold decreased by Rs.800 per tola According to the All Pakistan Gems and Jewelers Association, the rate of gold decreased by...
Govt makes plan for ending electricity sectors circular debt
Islamabad: The government has made a plan for ending circular debt of the electricity sectors. The intrests of the cirucular debts will be written of...
OGDCL increases daily oil production up to 10,000 barrel by using technology
Islamabad: The Oil and Gas Development Company Limited (OGDCL) increasing oil daily production to 10,000 barrel reached from 26,000 barrel to 36,000 barrel by using...
Pakistan and Iran sign MoU, setting a bilateral trade target to 10 billion dollars
Islamabad: Pakistan and Iran have signed a Memorandum of Understanding, setting a bilateral trade target to ten billion dollars. The MoU was signed during a...
Pakistan stock exchange sees positive momentum
KARACHI: Pakistan Stock Exchange starts a day with positive trend, Index increased by 1,269 points, reaching 115,599. Pakistan Stock Exchange (PSX) has experienced a significant...
Gold rate surges by Rs.1500 per tola
KARACHI: The price of gold increased by Rs.1500 per tola in Pakistan According to the All Pakistan Gems and Jewelers Association, the rate of gold...
Trade ties between Pakistan, KSA reaching new heights
ISLAMABAD: The trade relations between Pakistan and Saudi Arabia are reaching its new heights with the support of Special Investment Facilitation Council (SIFC). Pakistan’s exports...
Advanced solar solutions to support Pakistan’s renewable energy transition
LAHORE: As the country faces significant energy challenges, including rising electricity prices, grid instability, and heavy reliance on fossil fuels, a shift towards renewable energy...
Prime Minister and President of Azerbaijan collaborate to enhance trade relations
BAKU: Agreements have been finalized between Pakistan and Azerbaijan in various sectors, with an agreement to finalize them within a month. Pakistan and Azerbaijan have...
IMF delegation has arrived in Pakistan for climate financing negotiations
ISLAMABAD: IMF delegation has arrived in Pakistan to discuss the climate financing program. Pakistan is hopeful of receiving a concessional loan of 1.5 billion dollars....
Govt receives Rs 23 Billion from 16 banks in one day as positive change in tax system
Islamabad: Finance Ministry has received Rs 23 billion from 16 banks of the country keeping intact windfall tax. According to the Finance Ministry, the amount...
Finance Minister announces plans to reduce financial burden on salaried class in upcoming budget
Lahore: Finance Minister Muhammad Aurangzeb has announced plans to reduce the financial burden on the salaried class in the upcoming budget. Speaking to media representatives...
Strategic partnerships key to sustainable growth: Aurangzeb
ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb has stressed for close collaboration between Government and private sector to achieve sustainable economic growth. Addressing...
Minister directs all CSs to ensure provision of Sugar at price of Rs 130 during Ramazan
ISLAMABAD:Minister for Industries and Production Rana Tanveer Hussain on Friday directed Chief Secretaries of all provinces to establish sugar stalls at the municipal council level...
Pakistan’s committed to fostering a conducive investment climate: Finance Minister
Islamabad: Minister for Finance and Revenue Muhammad Aurangzeb has reiterated Pakistan’s commitment to fostering a conducive investment climate. He was talking to a delegation of...
PM directs to form committee to address issues of retailers, no additional tax burden on them
Islamabad: Prime Minister Shehbaz Sharif has said the government is taking steps to make the economy cashless along with reforms in the FBR. He was...
PSX witnesses positive trend, 100-index rose by 396 points.
KARACHI: Pakistan Stock Exchange seen positive trend as 100-index gain 396 points Today was a positive day for trading at the Pakistan Stock Exchange, where...
Gold price increases by Rs.1000 per tola
KARACHI: The rate of gold increased by Rs.1000 per tola in Pakistan According to the All Pakistan Gems and Jewelers Association, the rate of gold...
Country needs structural reforms for sustainable, inclusive growth: Finance Minister
Islamabad: Finance Minister Muhammad Aurangzeb has emphasized structural reforms to avoid boom and bust cycles and move towards sustainable and inclusive growth. Addressing an event...
Bahrain parliamentary delegation calls on PM
Islamabad: An eleven-member parliamentary delegation of Bahrain, led by Speaker of the Council of Representatives, Ahmed bin Salman Al-Musallam called on Prime Minister Muhammad Shehbaz...
US dollar appreciates by 10 paisa in Inter-bank market
Karachi:Pakistani rupee on Wednesday, today, depreciated by 10 paisa against the US dollar in the inter bank trading and closed at Rs 279.46 The US...
PSX witnesses bullish trend as 100 Index gains 253 points
Karachi :The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 253.96 points,while closed at 113,342.44 points. A total of...
Gold price upticks by Rs 3800 per tola
ISLAMABAD:The price of 24 karat per tola gold increased by Rs.3,800 and was sold all time high at Rs 308,000 on Wednesday,All Pakistan Sarafa Gems...
Government borrows $4.58 Billion in seven months
ISLAMABAD: Ministry of Economic Affairs has released details of loans in the first 7 months of the current fiscal year. According to the EAD report,...
Electricity will likely to become cheaper for Karachi consumers
KARACHI: Electricity will become cheaper for Karachi consumers by 4 rupees and 95 paisa per unit. Electricity prices for Karachi consumers will be reduced by...
Pakistan Stock Exchange starts with positive trend
KARACHI: Pakistan Stock Exchange (PSX) began today with a positive zone. Pakistan Stock Exchange is experiencing a surge of positive momentum today, with the benchmark...
Saudi Arabia decide to continue Petroleum supply on deferred payment terms
ISLAMABAD: Saudi Arabia has Decided to Continue Supplying Petroleum Products Worth $100 Million Monthly on Deferred Payment Terms A meeting of the Federal Cabinet, chaired...
In Global market, Basmati rice declared Pakistani product instead of Indian
ISLAMABAD: In a major positive development for Pakistan in the domain of trade and commerce, Australia and New Zealand have acknowledged and declared valuable long-grain...
International Seminar in Islamabad Highlights Pakistan’s Economic Potential
ISLAMABAD: Islamabad hosted an international seminar attended by diplomats, experts, and a large audience, organized by the Pakistan China Institute. The event culminated with a...
Dollar rate surge by 10 paisa
KARACHI: The rate of dollar increased by 10 paisa against Pakistani Rupee According to the currency market dealer, the rate of dollar in the interbank...