PSX witnesses negative trend on 2nd last day of business week.
KARACHI: The Pakistan Stock Exchange witnessed negative trend on the second last day of business week. The Pakistan Stock Exchange (PSX) experienced a significant downturn,...
The rate of gold up by Rs.1400 per tola
KARACHI: The rate of gold increased Rs.1400 in Pakistan. As per All Pakistan Gems and Jewelers Association, the rate of gold increased by Rs.1400 to...
Dollar rate down by 10 paisa
KARACHI: The rate of dollar decreased by 10 paisa in Interbank. According to the State Bank of Pakistan, the rate of dollar decreased by 10...
Honda, Nissan, Mitsubishi teaming up under single company to tackle global competition
Web Desk: Honda, Nissan, and Mitsubishi are officially teaming up under a single holding company to tackle global competition. This partnership, announced in a joint...
Major cut in gold price in Pakistan
KARACHI: The rate of gold decreased by Rs.800 per tola According to the All Pakistan Gems and gold Association, the rate of gold decreased by...
PSX witness negative trend, lost 1509 points.
KARACHI: The Pakistan Stock Exchange experienced negative trend on the second day of business week. The Pakistan Stock Exchange was down on Tuesday, the market...
Dollar price slashes by 10 paisa
KARACHI: The rate of dollar decreased by 10 paisa in Interbank. According to the State Bank of Pakistan, the rate of dollar down by 10...
Modern cable links to Pakistan from Africa today to boost up internet speed
Islamabad: The modern cable will be linked to Pakistan for accelerating the internet speed in the country. The most modern and latest cable will be...
Robust bearish trend grips PSX as Karachi 100 Index restores limit of 1, 14,000
Karachi: A robust bearing trend gripped Pakistan Stock Exchange on Tuesday, today as Karachi 100 Index bench mark restored 1, 14,000 limit in the morning...
UAE changes visa policy for Pakistanis
ISLAMABAD: All Pakistanis travelling to the United Arab Emirates (UAE) need police verification report before entering to the UAE. This directive applies to all travel...
Gold prices remain unchanged at Rs.273,400 per tola
Karachi:The price of 24 karat per tola gold remained unchanged at Rs 273,400 on Monday, All Sindh Sarafa Jewellers Association reported. The price of 10...
PSX regains bearish trend as 100 Index gains 4,411.27 points
Karachi: Pakistan Stock Exchange witnessed a bullish trend during business on Monday today with an increase of over 4,411.27 more ,points in the 100 Index...
ADB to Support 16 Development Projects in the Country Next Year
Web desk: Seven developing projects are in process and 16 are expected to continue next year with the support of the ADB. ADB’s $200 million...
PIA flights’ resumption to Europe will prove to be milestone: Aleem
Islamabad: Minister for Privatization Abdul Aleem Khan has said that start of Pakistan International Airlines’ flights to Europe is a very welcome step. Talking to...
Gold price increase by Rs.2100 per tola
KARACHI: The rate of gold in Pakistan increased by Rs.2100 per tola. The gold price in the market up by Rs.2100 per tola to Rs.273,400...
FBR to take strict action against tax defaulters over PM instruction
LAHORE: The Prime Minister Muhammad Shehbaz Shareef has directed authorities to bring tax defaulters into the tax net and take strict action against non-compliance. During...
Dollar rate increases by 7 paisa
KARACHI: The rate of dollar increased by 7 paisa in Interbank According to the State Bank of Pakistan, the rate of dollar increased by 7...
Gold rate further slashes in Pakistan
KARACHI: The rate of gold decreased again in Pakistan by Rs.2000 to Rs.271,300 According to the All Pakistan Gems and Jewelers Association, the rate of...
Meezan Bank refuted claims of data breach
KARACHI: Meezan Bank Limited has denied claims of data breach and assured that customer information remains fully secure and that no security compromise has occurred....
Stock market shifts from negative to positive territory
Karachi: Fluctuations continued in Pakistan Stock Exchange today, the stock market moved from negative to positive zone. The Pakistan Stock Exchange 100 Index rose 1568...
ADB grants $7.5m to strengthen KP’s healthcare Systems
ISLAMABAD: The Asian Development Bank has approved seven point five million dollars to strengthen Healthcare Systems in Khyber Pakhtunkhwa. The funds will support the mega...
Dollar Rate up by 12 paisa
KARACHI: The rate of dollar increased by 12 paisa against Pakistani Rupee. According to the State Bank of Pakistan, the rate of dollar increased by...
Massive cut in Gold price
KARACHI: The rate of gold decreased by Rs.2600 per tola According to the All Pakistan Gems and Jewelers Association, the rate of gold decreased by...
Bearish trend followed by a bullish trend in the PSX
Karachi: Pakistan Stock Exchange rose 675 points to 111745 points. After the bearish trend in stock exchange converts in to bullish, stock market recovered 2671...
Govt prepares to impose set of bans on non-filers as tax law amendment bill presents in NA
Islamabad: The government has prepared for tightening of nose around non filers as it presented a tax law amendment bill in the National Assembly (NA)....
Finance Minister expresses satisfaction over improving economic condition of country
Islamabad: Finance Minister Muhammad Aurangzeb has expressed satisfaction over the improving economic condition of the country due to prudent policies of the government. Presiding over...
Rupee appreciates in both inter-bank and open market today
Karachi:Pakistani rupee on Wednesday appreciated by 05 paisa against the US dollar in the interbank trading and closed at Rs 278.22 Similarly, the greenback also...
PSX remains bearish on consecutive second day as loses 3,790 points
Karachi: The 100-Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Wednesday, today, losing 3,790.40 points, closing at 111,070.29 points. As many...
Gold price upticks by Rs 1000 per tola
Karachi: Gold prices once again increased on Wednesday, today by Rs 1000 after which per tola gold price climbed to 2, 75,900. On the other...
Public sector companies in Pakistan profits by earns 102 Billion
Web desk: Pakistan’s public sector companies have earned a profit of Rs 102 billion in the first half of the last financial year. Performance of...
OGRA approves significant hikes in gas prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has approved significant increase in gas prices across the country. As per report, the decision, sent to...
Pakistan’s Current Account Surplus of $940 Million in First Five Months of Fiscal Year
ISLAMABAD: Pakistan’s current account recorded a surplus of $720 million in November and $940 million in the first five months of the fiscal year. According...
Cut in interest rate to help boost investment in country: PM
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Tuesday said the central bank’s announcement of cut in the interest rate by 2% to 13% will help...
Chinese investors announce investment in transport sector : Sharjeel Memon
Karachi: Senior Minister Sindh Sharjeel Memon said that we wanted to bring China EV taxis and more buses under Public Private partnership. Addressing a presser...
Gold price further decrease by Rs.2100 per tola
KARACHI: The rate of gold decreased again in Pakistan by Rs.2100 per tola to Rs.274,900 As per All Pakistan Gems and Jewelers Association, the rate...
Dollar rate further increase by 10 Paisa
KARACHI: The rate of dollar increased again in the Interbank by 10 Paisa According to the State Bank of Pakistan , the rate of dollar...
After several days of robust trend, PSX turns bearish as it lost 1,308 points
Karachi:After several days of robust trend at the Pakistan Stock Exchange (PSX) turned bearish on Tuesday as the 100-Index lost 1,308.72 points, closing at 114,860.69...
100 index touched the limit of 171,000 points
Karachi: 100 Index in Pakistan Stock Market crossed the limit of 171,000 points. On the second day of the business week, the stock exchange witnessed...
Pakistan’s foreign remittances increases by 34%: Bloomberg Reports
ISLAMABAD: Inflow of foreign remittances to Pakistan by the overseas Pakistanis have witnessed a significant increase of thirty-four percent during the first five months of...
Dollar rate increase by 5 paisa
KARACHI: The rate of dollar increased by 5 paisa in Inter Bank According to the State Bank of Pakistan, the rate of dollar increased by...
PM welcomes reduction in policy rate by SBP
Islamabad: Prime Minister Muhammad Shehbaz Sharif has welcomed the two percent reduction in the policy rate by the State Bank of Pakistan. In a statement...
Punjab Business council to play vital role between Pakistan and China: Maryam Nawaz
Beijing: Chief Minister Punjab Maryam Nawaz has said that Punjab Business council (PBC) will play a vital role between Pakistan and China. Chief Minister said...
Gold price slightly decreases by Rs 800 per tola
Karachi: The price of gold in Pakistan decreased by a slight Rs 800 on Monday, reflecting global market trends. In the local market, the price...
PSX achieves another milestone as 100 Index crosses 116,000 bench mark
Karachi: The Pakistan Stock Exchange (PSX) achieved another milestone on Monday, surpassing the 116,000-point mark for the first time during early trading. The 100-Index of...
SBP reduces interest rate by 2 percent as it announces monitory policy
Karachi: State Bank of Pakistan (SBP) on Monday announced a monitory policy in which interest rate has been slashed by two percent. After decreasing of...
Govt decreases High speed diesel, light speed diesel, kerosene oil for next fortnight
Islamabad:The Government has decreased prices of petroleum products for next fortnight. The price of Petrol will remain unchanged at 252 rupees per liter while the...
Honda CG 125 price changed
KARACHI: Honda CG 125 price has changed, Honda has expanded its CG 125 motorcycle lineup in Pakistan by introducing new variants, including the self-start and...
FBR to implement Faceless Customs Assessment system at Karachi from today
ISLAMABAD:Under the Transformation Plan, the Federal Board of Revenue (FBR) is going to implement the Faceless Customs Assessment (FCA) System from 15th of December, 2024,...
ADB will provide $330m for Pakistan’s social protection programs
ISLAMABAD: The Asian Development Bank will provide three hundred and thirty million dollars in financing to bolster Pakistan’s social protection programs under the ongoing Integrated...
Pakistan Stock Exchange experiences volatile trading on final day of the week
Karachi: Pakistan Stock Exchange sees significant volatility in the last day of business, market closes at 114,301 with the gain of 121 points. On the...