Pak-China signs MOU to enhance cooperation in various fields during President visit
Beijing: President Asif Ali Zardari and Chinese President Xi Jinping held a meeting at the Great Hall of the People in Beijing today. During the...
FBR seeks additional staff, logistics to address Rs7tr tax gap
ISLAMABAD: The Federal Board of Revenue (FBR) has requested additional staff and logistics to address the staggering Rs7 trillion tax gap in Pakistan, monitoring tax...
Massive increase in Gold price
KARACHI: The rate of gold increased by Rs.1900 per tola in Pakistan According to the All Pakistan Gems and Jewelers Association, the rate of gold...
China launches limited tariffs after Trump imposes sweeping new levies
BEIJING: China strikes back at Trump’s tariffs with levies on U.S. imports, the world’s two largest economies did not cut a deal to avert sweeping...
Malaysia PM says will build trade relations, not wait for US tariffs
KUALA LUMPUR: Malaysia’s proactive approach in establishing ties with all countries, in line with the government’s neutral and independent stance, will help to create investment...
Sindh govt to establish separate police station for taking action against profiteering, hoarding
Karachi: Sindh government has decided to establish separate police stations for taking action against unfair profiteering in the province. Chief Minister Sindh special assistance Waqar...
Loan program review meeting with IMF will be held in the next few weeks
ISLAMABAD: Loan program review meeting with IMF will be held in the next few weeks, says Finance Minister Mohammad Aurangzeb According to the details, Finance...
Utility stores sales flourish despite end of govt subsidy to it
Islamabad: Sales of commodities flourished at the Utility Stores across the country despite an end to subsidy on it. An uptick of 17 percent recorded...
Positive trend being witnessed at PSX as 100-Index gains 203 points in morning session
Karachi: A positive trend is being witnessed at Pakistan Stock Exchange (PSX) on Tuesday, today, in the morning session. Karachi 100-Index is being traded at...
Five percent to increase in passenger train fares
WEB DESK: Pakistan Railways has increased passenger train fares by 5 % due to the increase in prices of petroleum products. Pakistan Railways has raised...
Dollar rate increased by 9 paisa
KARACHI: The rate of United State Dollar up by 9 paisa to Rs.279.4 According to the State Bank of Pakistan, the rate of dollar increased...
Gold rate surges by Rs.200 per tola
KARACHI: The rate of gold increased again by Rs.200 per tola in Pakistan According to the All Pakistan Gems and Jewelers Association, today, the price...
Sonakshi made a profit of RS. 80 million from selling her apartment.
BANDRA: Bollywood actress Sonakshi Sinha has sold her luxury Bandra apartment for the impressive amount of Rs.220 million and bagged almost 61% profit The property...
Sindh cabinet approves agriculture income tax bill 2025
Karachi: Income tax on agriculture has been imposed in Sindh after the provincial cabinet approved an agricultural income tax bill 2025. The Sindh cabinet meeting...
Trump hints EU could face tariffs after Mexico, Canada, and China
Washington: US President Donald Trump warned that the European Union (EU) could soon face tariffs, following his recent imposition of levies on Mexico, Canada, and...
Canada imposes 25% tariffs on more than $100B in US goods
Ottawa: Canadian Prime Minister Justin Trudeau has announced to impose 25 percent tariffs on more than one hundred billion dollars worth of US goods. The...
PSX witnesses bearish trend on first day of business week in morning session
Karachi: Pakistan Stock Exchange (PSX) on first day of business week is in grip of bearish trend as Karachi 100 Index lost 439 points in...
People demand Sindh govt to withdraw decision of increasing fares of PBS
Karachi: Sindh government from start of this month has raised fares of Public Bus Service directly from Rs 50 to Rs 80 and Rs 120...
China comes down hard on new US tariffs
Beijing: China’s government on Sunday denounced the Trump administration’s imposition of a long-threatened 10% tariff on Chinese imports while leaving the door open for talks...
Govt decides to grant full tax exemptions to first-time homebuyers
ISLAMABAD: Following the direction of Prime Minister Shehbaz Sharif, the working paper for the revival of the real estate and housing sectors has been finalized,...
US President imposes tariffs on Mexico, Canada, China today
WEB DESK: US President Donald Trump imposes tariffs on Mexico, Canada and China today. According to White House press secretary Karoline Leavitt, 25 percent tariffs will...
Gold rate hikes by Rs.400 per tola
KARACHI: The rate of gold increased by Rs.400 per tola in Pakistan According to detail, the gold price surged by Rs.400 per tola to Rs.292,200...
Govt hikes petroleum prices
ISLAMABAD: The federal government has announced to increase the petroleum prices, the prices of petroleum products for the next 15 days. The government has raised...
European Union Access to Pakistani Exports Will Be Conditional on Progress on Human Rights, Says EU
A statement was issued regarding the visit of the European Union’s Special Representative for Human Rights, Olaf Skoog, to Pakistan. The spokesperson stated that the...
Petroleum products likely to be increased, PM to give final approval today
WEB DESK: From February 1, prices of petroleum products are expected to increase further. Decision for the increasing or reduction in the petroleum products will...
PSX recovers from bearish trend on Thursday
KARACHI: The Pakistan Stock Exchange (PAX) has significant recovery on Thursday after days of bearish trend. During intraday trading, the KSE-100 index gained more than...
Gold rate surges by Rs.1600 per tola
KARACHI: the rate of gold increased by Rs.1600 per tola in Pakistan. According to the All Pakistan Gems and Jewelers Association, the rate of gold...
FINMIN chairs meeting of Cabinet Committee on Rightsizing of Federal Govt
Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb chaired meeting of the Cabinet Committee on Rightsizing of the Federal Government here Thursday to...
Petroleum products prices likely to increase from Feb 1
WEB DESK: From February 1, prices of petroleum products are expected to increase further. Media report indicates, government may increase diesel prices by Rs 4.96...
US to invest billions of dollars in Pakistan’s diverse sectors
Islamabad: The United States intends to invest billions of dollars in Pakistan, across various sectors, including minerals, real estate, energy, technology and the artificial intelligence....
PSX stays bearish, loses 543 more points
Karachi:The 100-Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Wednesday, losing 543 more points, closed at 111,487.36 points A total of...
Medicines prices increased in Lahore adding miseries to people lives
Lahore: Like other parts of the country, the medicines prices have increased while uptick in the medicines prices added miseries to the life of the...
Gold prices up by Rs2,300 per tola
Karachi: The price of 24 karat per tola gold increased by Rs.2,300 and was sold at Rs 288,700 on Wednesday against its sale at Rs...
PM vows business-friendly environment for foreign investors
Islamabad: Prime Minister Shehbaz Sharif has reaffirmed the government’s unwavering commitment to facilitating foreign investors by ensuring a conducive business environment, streamlined processes and robust...
Prices of petroleum products from February 1, likely to increase
WEB DESK: From February 1, prices of petroleum products have been expected to increase further. Media report indicates, government may increase diesel prices by Rs...
Chinese AI app DeepSeek compels US tech giant Nvidia lost over a sixth of its value in stock market
Washington: US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) app spooked investors...
Rupee sheds by 9 paisa against dollar
KARACHI: Pakistani rupee on Tuesday depreciated by 09 paisa against the US dollar in the interbank trading and closed at Rs278.92 against the previous day’s...
Govt taking steps to reduce electricity prices, eliminate circular debt: Energy Minister
Islamabad: Minister for Power Sardar Awais Ahmed Khan Leghari has says the government is taking steps to reduce electricity prices and eliminate circular debt. He...
PSX witnesses bearish trend on second day of business week
KARACHI: Pakistan Stock Exchange seen negative trend on the second working day of business week The Market closed at 112,030 with a decrease of 1489...
Resolution of Business community problems top priority of our govt in Sindh: Bilawal
Karachi: The Pakistan People’s Party (PPP) Chairperson Bilawal Bhutto has appealed the business community of the Karachi not to register complaints somewhere else. Addressing the...
Gold price decreases by Rs.2700 per tola
KARACHI: The rate of gold decreased by Rs.2700 per tola to Rs.286,400 According to All Pakistan Gems and jewelers Association, the rate of gold slashed...
Business personalities from Karachi praise Sindh govt
Karachi: Business personalities from Karachi praised the Sindh government. The business leaders of Karachi were speaking at a ceremony where the Pakistan People’s Party (PPP)...
Aurangzeb vows to simplify tax return form for salaried class
Islamabad: Finance Minister Muhammad Aurangzeb has expressed the resolve to simplify the tax return form for the salaried class. Speaking at an event titled Dialogue...
Pakistan starts journey of economic growth, prosperity: PM
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has reaffirmed his government’s commitment to foster economic stability, promote commerce, and ensure Pakistan’s resurgence as a progressive and...
PSX witnesses negative trend on first working day of week
KARACHI: The Pakistan Stock Exchange (PSX) lost its sheen on the first day of the week amid decline in KSE-100 Index. The PSX witnessed bullish trend...
Gold rate slashes by Rs.300 per tola
KARACHI: The rate of gold decreased by Rs.300 per tola According to the All Pakistan Gems and Jewelers Association, the rate of gold in the...
SBP decreases interest rate further by one percent
Karachi: The monitory policy committee of State Bank of Pakistan (SBP) has lowered an interest rate by one percent further. Addressing a presser at the...
PM directs Pak-Railways to provide improved traveling facilities to passengers through PPP
Islamabad: Prime Minister Shehbaz Sharif on Monday directed the Pakistan Railways to provide improved traveling facilities to passengers through the public-private partnership. The prime minister,...
PSX starts with positive trend as 100 Index gains 270 points
Karachi: Pakistan Stock Exchange on Monday first day of business week speeded up as Karachi 100 Index gained 270 points in the morning trading. Owing...
Vehicles are necessary for young officer visit for sales tax checking: Chairman FBR
Karachi: Chairman Federal Bureau of Revenue Rashid Mahmood Langrial has said that vehicles are necessary for the operations for young officers of the FBR while...