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...
Sindh speeds up crack down against transporters charging extra fares on occasion of Eid
Karachi: Sindh’s Senior Minister Sharjeel Memon has ordered taking action against transporters raising transports fares unfairly on occasion of Eid Ul Fitr in the inter-city...
PSX starts week with positive trend
KARACHI: Pakistan Stock Exchange began the trading session with a bullish trend, and the value of the US dollar also decreased against the rupee. On...
Govt increased petroleum levy by Rs.10 P/L
ISLAMABAD: The federal government has increased the petroleum levy by Rs.10 per liter, notification issued by the Ministry of Finance, the petroleum levy on petrol...
Vital progress made b/n Pakistan, IMF toward reaching staff level agreement
Islamabad: The Pakistani authorities and the International Monetary Fund (IMF) made ‘significant progress’ toward reaching a Staff Level Agreement (SLA) on the first review of...
Gold prices per tola reduce Rs 300 today
Karachi: Gold prices on Saturday, today, reduced in line with their decrease in international rates. In the local market, gold price per tola clocked in...
PSX market capitalization uptick from Rs250 mln to whopping Rs14125 bn this week
Karachi: Pakistan Stock Exchange (PSX) over all remained bearish this week as it witnessed three days of bearish trend and bullish on two. The stock...
Gold price increases by Rs.4700 per tola
KARACHI: The rate of gold increased by Rs.4700 per tola According to the All Pakistan Gems and Jewelers Association, today the price of gold per...
Significant bullish trend in stock exchange
KARACHI: On the last day of the week stock market had a positive beginning by adding more than 600 points. Pakistan Stock Exchange (PSX) kicked...
ECC approves amendments to net-metering regulations, cuts buyback rate to Rs.10/unit
ISLAMABAD: The Economic Coordination Committee (ECC) on Thursday approved amendments to the existing net-metering regulations to reduce the growing financial burden on grid consumers and...
Positive Day in the Stock Market, gain 1009 points
KARACHI: The Pakistan Stock Exchange had a positive day of trading today, with an increase of 1009 points. At the close of business, the 100...
Dollar rate slightly increase
KARACHI: The value of the dollar has seen a slight increase against the rupee in the interbank exchange market. At the close of business in...
Massive increase in gold price
KARACHI: Gold rate increased by Rs.2800 per tola According to all Pakistan Gems and Jewelers Association, the rate of gold increased by Rs. 2800 per...
PM underscores enhancing bilateral trade b/n Pakistan, Uzbekistan to 2bn dollars
Islamabad: Prime Minister Shehbaz Sharif has underscored the need to devise a roadmap to work towards the enhancement of bilateral trade between Pakistan and Uzbekistan...
IMF set to retrospectively approve delay in agricultural tax collection amid $7 Billion bailout review
ISLAMABAD: IMF is considering granting a waiver regarding the provinces’ delay in collecting Agriculture Income Tax (AIT). As part of this review, the IMF mission...
Quality education, political stability imperative for exports led growth: Ahsan
ISLAMABAD: Federal Minister for Planning, Development and Reforms, Ahsan Iqbal here Wednesday said that political stability and research based quality education was imperative for exports-led...
Gold price upticks Rs 500 per tola
Karachi: After holding steady for two days, gold prices in Pakistan increased, in line with their rise in international rates. In the local market, gold...
Pakistan’s banking outlook upgraded from stable to positive by Moody’s
Web Desk: The global rating agency Moody’s has improved Pakistan’s banking outlook from stable to positive. “We have changed our outlook on Pakistan’s banking system...
IMF agrees to govt plan for reduction in electricity rates
Islamabad: The International Monetary Fund (IMF) has agreed on the government’s plan for decreasing electricity rates during discussions on the disbursement of the next installment...
PSX turns bearish today as it loses 178 points
Karachi :The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend today , losing 178.69 points while closed at 114,177.66 points. A total of...
Jam Kamal arrives Oman on official visit
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan embarked on an official visit to Oman, with his itinerary packed with high-level meetings, industrial visits, and...
SBP decides to retain interest rate at 12%
Karachi: The State Bank of Pakistan (SBP) on Monday decided to keep the policy rate unchanged at 12%. The SBP cited lower-than-expected inflation and sustained...
Policy level talks with IMF mission to commence from today
Islamabad: Policy level talks with the International Monetary Fund (IMF) to receive next tranche of one billion dollar will kick start from today. New financial...
LPG crisis intensified across country including Lahore
Lahore: Liquefied petroleum gas (LPG) crisis has intensified all across the country including Lahore as LPG prices have increased by Rs 60 to 70. Sui...
Govt to provide low-cost loans to women
ISLAMABAD: Federal government has decided to provide low-cost loans to women including women entrepreneurs associated with cottage industries and small business in the small and...
Policy level talks with IMF to kick start from Monday
Islamabad: Policy level talks with the International Monetary Fund (IMF) to receive next tranche of one billion dollar will kick start from tomorrow, Monday. New...
China extends $2 billion loan repayment by Pakistan for one year
ISLAMABAD: China has once again extended financial relief to Pakistan by extending the repayment period of a $2 billion loan to Pakistan by one year....
Gold price down by Rs.1000
KARACHI: The rate of gold decreased by Rs.1000 in Pakistan. According to the All Pakistan Gems and Jewelers Association, the rate of gold slashed by...
PSX weekly summation: Market sees positive trend, gain 2411.81 pts
KARACHI: The Pakistan Stock Exchange (PSX) experienced a positive trend during the trading week, with the benchmark KSE-100 index gained 2411.81 points. According to the...
PM decides to include women entrepreneurs associated with small businesses in SMEs sector
Islamabad: Prime Minister Muhammad Shehbaz Sharif has decided to include women entrepreneurs associated with cottage industries and small businesses in the Small and Medium Enterprises...
Gold price hikes by Rs.3000 per tola
KARACHI: The price of gold increased by Rs.3000 per tola According to the All Pakistan Gems and Jewelers Association, the price of gold increased by...
“Pakistan Stock Exchange restores limit of 114,000 points
KARACHI: Pakistan Stock Exchange has regained the level of 114,000 points. On the fifth and final day of the trading week, there is an upward...
Govt working to promote small, medium-sized businesses: PM
ISLAMABAD: Prime Minister Shehbaz Sharif has said the government is working on a priority basis to promote small and medium-sized businesses. He was chairing a...
Gold price slashes in Pakistan
KARACHI: The price of gold decreased by Rs.3000 per tola According to the All Pakistan Gems and Jewelers Association, the price of gold per tola...
Positive trend in Pakistan Stock Exchange
KARACHI: Pakistan Stock Exchange is showing a positive trend with an increase of 841 points today. In a remarkable turnaround today, stock market index climbed...
PSX turns bearish, loses 490 points
Karachi : The 100-Index of the Pakistan Stock Exchange (PSX) turned bearish on Wednesday, losing 490.04 points, closed at 112,253.76 points. A total of 263,963,740...
Gold prices increase by Rs.700 per tola
ISLAMABAD: The price of 24 karat per tola gold increased by Rs.700 and was sold at Rs 307,000 on Wednesday, All Pakistan Sarafa Gems and...
fruits, vegetables prices go beyond affordability level during Ramadan, add miseries to people lives
Islamabad/Karachi/Lahore/ Peshawar/Quetta : Inflation has gotten uncontrollable during sacred month of Ramadan which added miseries to the people lives. The prices of fruits and vegetables...
Sharjeel invites Chinese businessmen to set up electrical vehicle plant in Sindh
KARACHI: Sindh Senior Minister for Information and Transport, Sharjeel Inam Memon, on Wednesday invited Chinese businessmen to set up an electrical vehicle manufacturing plant in...
Pakistan, UAE share longstanding fraternal relations spanning decades: PM
Islamabad: Prime Minister Shehbaz Sharif has said the government is taking priority measures to provide a business and investment-friendly environment in the country. He was...
Pakistan well positioned for IMF program review: Aurangzeb
Islamabad: Finance Minister Muhammad Aurangzeb has said Pakistan is well positioned for the first review of its seven billion dollars International Monetary Fund (IMF) bailout...
Chairman PTA meets with Starlink Team, Discuss over Promoting Digital Connectivity in Pakistan
ISLAMABAD: Chairman PTA, Major General (Retd) Hafeez-ur-Rehman, met with the Starlink team to discuss opportunities for promoting digital connectivity in Pakistan. According to the PTA...
PM vows to boost country’s exports to $60 billion by 2029
ISLAMABAD: Prime Minister Shehbaz Sharif, on the completion of one-year of his government, has expressed the resolve of increasing exports to sixty billion dollars by...