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...
PSX witnesses positive trend on the second business day
KARACHI: Pakistan Stock Exchange had a positive day of trading today and the 100 index closed at 113088 with an increase of 1344 points. The...
Pakistan’s economy moving in right direction: Gallup survey
Islamabad: The Gallup survey indicates that Pakistan’s economy is moving in the right direction. According to the recent survey report, Pakistan’s business confidence increased by...
Pakistan’s earns $1.864 billion from IT services’ export during Jul-Dec
ISLAMABAD:Pakistan earned US $1.864 billion by exporting different Information Technology (IT) services in various countries during the first six months of the current fiscal year...
Gold rate hikes by Rs.1700 per tola
KARACHI: The price of gold increased by Rs.1700 per tola According to the All Pakistan Sarafa Jewellers Association, after an increase of Rs.1,700, the price...
20 billions dollar WB investment in various sector to open new avenues of development: PM
Islamabad: Prime Minister Shehbaz Sharif says the twenty billion dollars investment by the World Bank in health, education, youth development and other social sectors projects...
Foreign investment witnessing substantial increase: Jam Kamal
Islamabad: Minister for Commerce, Jam Kamal Khan says foreign investment in the country is witnessing a substantial increase, which reflects economic stability. Addressing a pre-budget...
Aurangzeb participates in group discussion with Counterparts of GCC in AlUla
Islamabad: Finance Minister Senator Muhammad Aurangzeb participated in a group discussion with the Finance, Economic, and Development Ministers of the UAE, Egypt, Jordan, Morocco, and...
Executive Directors of World Bank visiting Pakistan after long hiatus
ISLAMABAD: A high-level delegation of nine Executive Directors (EDs) of the World Bank Group (WBG) has arrived in Pakistan after nearly a 20 years hiatus....
Govt halted real estate relief package over IMF conditions
ISLAMABAD: The Federal Board of Revenue (FBR) has opposed granting relief to the real estate sector due to strict conditions imposed by the International Monetary...
Sharjeel Memon invites Chinese investors to establish EV manufacturing plant in Sindh
Karachi: Sindh Senior Minister Sharjeel Memon met a delegation of Chineses investors. Investment in electric vehicles came under discussion in the Minister and Chinese delegation....
Utility Stores started sacking 3000 daily wages employees
Islamabad: The Utility Stores Corporation of Pakistan (USCP) has started sacking 3000 daily wages employees. Regional Managers across the country have issued termination letter to...
Finance Minister represents Pakistan at AlUla Conference
The AlUla Conference for Emerging Market Economies has commenced in AlUla city of Saudi Arabia. The conference is bringing together Finance Ministers, central bank governors,...
Govt reduces petroleum prices upto Rs 5 per litre
Islamabad: The Government has decreases prices of Petroleum products for the next fortnight. According to a press release of Finance Division, the price of petrol...
SpaceX, T-Mobile offer free Starlink access during beta period
WEB DESK: SpaceX and T-Mobile announced during the Super Bowl that users could access the internet provided by Starlink satellites for free. The companies confirmed...
Massive decrease in Gold price
KARACHI: The price of gold significant decreased across the country According to the All Pakistan Gems and Jewelers Association, the price of gold per tola...
PM welcomes World Bank’s $40 Billion partnership framework
ISLAMABAD: Prime Minister Shehbaz Sharif lauded the World Bank Group’s recently launched new decade-long Country Partnership Framework (CPF) (2026-35), which features an exceptional commitment of...
PSX witnessed negative trend, 100 index declines
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish trend on Friday as the KSE-100 index shed 478 points The 100 Index of the...
Gold price surge again today
KARACHI: The rate of gold increased by Rs.2,200 per tola The trend of rising gold prices continued today in the country. According to the All...
Big reduction in petroleum products expected for next fortnightly
Islamabad: A big reduction expected in the petroleum products for next fortnightly starting from February 16. It is likely that petrol process will depreciate by...
President for stronger trade, economic, cultural ties with Turkiye
ISLAMABAD:Pakistan and Turkiye have reiterated their commitment to further improve bilateral cooperation in the areas of trade, economy, energy, defence, tourism, and people-to-people contacts for...
PM invites Turkish businessmen to invest in Pakistan’s diverse fields
Islamabad: Prime Minister Muhammad Shehbaz Sharif has invited Turkish businessmen and investors to invest in diverse fields in Pakistan. Addressing Pakistan-Turkiye Business Forum in Islamabad...
PSX grips bearish trend, loses 360 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing, 360.86 points, closed at 112,564.08 points. A total of 596,739,574 shares...
Rupee depreciates by four paisa in open market closes at Rs 281.10 against US dollar
ISLAMABAD:Pakistani rupee on Thursday depreciated by 01 paisa against the US dollar in the inter-bank trading and closed at Rs 279.26 . On the other...
Pakistan, Turkiye pledge to achieving $5b trade volume
Islamabad: Pakistan and Turkiye have agreed to continue their efforts to reach the goal of five billion dollar trade volume. This came at a meeting...