Gold price fall 3rd consecutive day
KARACHI: The rate of gold dropped by Rs.1800 per tola in the gold market According to all Pakistan Gems and Jewelers Association, the price of...
CM Sindh meets Turkish Ambassador in Karachi
KARACHI: The Chief Minister Sindh Murad Ali Shah have met to Turkish Ambassador Dr. Mehmet Pacaci, discussed bilateral trade between two countries. Turkish Ambassador Dr....
KSA to buy 15% stake in Reko Diq project from Pakistan.
ISLAMABAD: Pakistan will sell 15% shares in Reko Diq project to Kingdom of Saudi Arabia, after refusal of Barrick Gold Corporation. The Kingdom of Saudi...
Petrol price likely to fall again
ISLAMABAD: The Federal Government has decided to decrease petrol price again due to globally reduction of price in petrol. According to the sources, petrol is...
Advance measures for bail out package from IMF links with parliament approval
Islamabad: Advance measures for a bail out package with the International Monetary Funds (IMF) are conditioned with an approval of the parliament. The negotiations with...
UAE President commits to invest $10 billion in Pakistan
Abu Dhabi: President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan has expressed the commitment to invest ten billion dollars in Pakistan....
FBR tightening the nose around non-filers blocked more than 11,000 SIMs
Islamabad: The Federal Board of Revenue (FBR) has tightened nose against non filers as 11,252 SIMs have been blocked so far. According to the FBR,...
PM expresses resolve to transform economy through collaboration with UAE
Abu-Dhabi: Prime Minister Shehbaz Sharif has expressed the iron resolve of his government to completely transform Pakistan’s economy through collaboration, joint ventures, and knowledge sharing...
Canadian High Commissioner to Pakistan calls on MinFin Aurangzeb
Islamabad: Canadian High Commissioner to Pakistan Leslie Scanlon called on Minister for Finance and Revenue Senator Muhammad Aurangzeb in Islamabad today. The Finance Minister informed...
Murtaza Solangi stresses urgent need to increase taxes on tobacco products to save youth, economy
ISLAMABAD: Former Caretaker Minister for Information and Broadcasting Murtaza Solangi has stressed the urgent need of increasing taxes on tobacco products to save Pakistani youth...
Dollar appreciates in both inter-bank and open markets
ISLAMABAD: Pakistani Rupee on Wednesday lost 08 paisas against US dollar in the inter-bank trading and closed at Rs 278.47. According to the Forex Association...
PSX witnesses bearish trend, loses 250 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday, losing 250.10 points, closing at 74,956.67 points . A total of...
PM for maximum utilization of IT sector’s potential
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Tuesday stressed upon the need of maximum utilization of opportunities in the Information and Technology sector as the...
WHO challenges illicit tobacco trade numbers in Pakistan, says trade share is 23 %
Islamabad: The World Health Organization (WHO) has contradicted claims by multinational tobacco companies regarding the illicit cigarette trade, revealing that the actual figure in Pakistan...
Int’l Tea Day being observed today
Web Desk: International Tea Day is being observed today as the Theme this year is “women and their role in the tea sector”. The day...
Rupee strengthens against US dollar in open market by 11 paisas
Karachi: Pakistani rupee strengthen against the US dollar by 11 paisas on Tuesday, today while the greenback appreciated in the inter-bank trading by nine paisas....
Mix trend prevailed at PSX today as market closed at 75,206 after uptick of 122 points
Karachi: A mixed trend prevailed at Pakistan Stock Exchange (PSX) on Tuesday as the 100 index closed after an uptick of 122 points at 75,206....
Significant 18% drop in smoking rates in Pakistan: CRD
ISLAMABAD: A recent survey by Islamabad’s Center for Research and Dialogue (CRD) show a significant 18% drop in smoking rates in Pakistan,linked to rising cigarette...
Masses likely to be burdened with whopping Rs 34 billion under fuel adjustment charges
Islamabad: It is likely that the masses will be burdened with a whopping Rs 34 billion. It is likely that the electricity prices will see...
Gold rates dip by Rs 1,900 per tola
ISLAMABAD: The per tola price of 24 karat gold decreased by Rs 1,900 and was sold at Rs 248,500 on Tuesday compared to its sale...
Italian envoy calls on FINMIS Auragzeb, praises upward trajectory in Pak Economy
Islamabad: Italian Ambassador Ms. Marilina Armellin called on Finance Minister Muhammad Aurangzeb in Islamabad today, to discuss the cooperation and longstanding relations between Pakistan and...
Sindh govt decides to establish rapid response for drug peddlers and tax theft
Karachi: Sindh government decided on Monday to establish a rapid response force against drug peddlers and people involved in tax theft. The province Senior Minister...
Utility Stores purchases sugar under PM relief package to provide consumers on subsidy
Islamabad: The Utility Stores Corporation of Pakistan USCP has purchased 10,000 metric ton of sugar under the Prime Minister relief package. After including all the...
Energy sector circular debt surges substantially owing to uptick in electricity prices
Islamabad: After the record uptick in the electricity prices the energy sectors circular debt has also climbed. The energy sector circular debt rose to Rs...
Govt decides to end net metering policy
Islamabad: The federal government has decided to end net metering policy from the country. It is likely that the government will introduce a gross metering...
Govt to reduce expenditures of Rs 300 billion in year: Plan presented to IMF
Islamabad: The federal government will reduce more than Rs 300 billion expenditures in a year. The government financial team on Monday presented the plan to...
Dollar appreciated by 4 paisa in interbank.
KARACHI: The value of US dollar appreciated by four paisa in interbank. In the interbank dollar value appreciated by four paisa, bringing its value to...
PSX sees positive trend on the first day of business week
KARACHI: The Pakistan Stock Exchange witnessed positive trend on the first day of business week, gain 200 points. The Pakistan Stock Exchange (PSX) witnessed a...
Gold Price rise by Rs.2300 per tola
KARACHI: The rate of gold increased by Rs.2300 per tola to Rs. 250,400. According to the All Pakistan gems and jewelers association the rate of...
Turkish FM to arrive in Islamabad today.
ISLAMABAD: The Turkish Foreign Minister Hakan fidan will meet to Prime Minister Shahbaz Shareef , Speaker National Assembly Sardar Ayaz Sadiq and Chairman Senate Yousaf...
Tobacco company rubbishes market report as false, fabricated
ISLAMABAD: A tobacco company has taken an exception to a report “Pakistan Cigarette Market Assessment 2024” by Ipsos Pakistan and described it as false and...
Tobacco consumption menace for youth, nation: MPs
ISLAMABAD: Member of parliaments have called the tobacco consumption as a menace for the youth and the nation and stressed for the joint efforts to...
PM establishes Economic Advisory Council (EAC)
Islamabad: Prime Minister Shahbaz Sharif on Saturday established an Economic Advisory Council (EAC). According to the notification Prime Minister Shahbaz Sharif will be head of...
Anti-smuggling crackdown continues across country
ISLAMABAD: The Anti-smuggling operation continue throughout the country to prevent the smuggling of essential commodities. According to the latest statistics, 3036 metric tons of fertilizer,...
Gold price shoot up again in Pakistan
KARACHI: The price of gold increased again in Pakistan by Rs.3100 per tola to Rs.248,100 According to Pakistan Gems and Jewelers Association, the price of...
Naqvi meets Saudi envoy Nawaf bin Saeed in Islamabad.
ISLAMABAD: The Interior Minister Mohsin Naqvi met Saudi Ambassador and said that the historic brotherly relations between Saudi Arabia and Pakistan are evolving into a ...
Inflation reduces by 1.6 percent this week
Islamabad: A degree of Inflation started to decrease in the country as 1.6 percent decline recorded in the inflation rate. According to the statistic bureau...
PM directs preparing tariff rationalization for export sector industries
ISLAMABAD:Prime Minister Shehbaz Sharif on Friday directed the authorities concerned to immediately prepare a strategy regarding tariff rationalization for the export sector industries. Chairing an...
FBR establishes joint working group for blocking of non-fillers SIMs
Islamabad: A working group has been established over blocking the non-fillers SIMs under income tax general order. The working group is comprising representatives from telecom...
IMF declares measures for bringing real state sector into tax net insufficient
Islamabad: The International Monetary Fund (IMF) in continued negotiations for another loan program has declared measures bringing to the real sector into the tax net...
Chinese comp expresses interest in investment in mineral, mining sector of Pakistan
Islamabad: A Chinese company MCC Tongsin Resources has expressed deep interest in increasing its investment in the mineral and mining sector of Pakistan. The interest...
Bullish trend prevails at PSX crossing 75000 limits after addition of 411 points in 100 Index
Karachi: Pakistan Stock Exchange (PSX) business week concluded with super bullish trand as the 100 index crossed high level of 75,000 with addition of 411...
Rupee strengthens against US dollar today by 20 paisas in inter-bank market
ISLAMABAD: Pakistani Rupee on Friday gained 20 paisa against US Dollar in the interbank trading and closed at Rs 278.20 against the previous day’s closing...
World Telecommunication and Information Society Day observed
ISLAMABAD:World Telecommunication and Information Society Day is being observed today worldwide including Pakistan. This day is observed to raise awareness of the possibilities that the...
WHO releases report on illicit cigarettes in Islamabad
ISLAMABAD: The World Health Organization (WHO) has released a report debunking the myths about illicit trade of cigarettes in the market created by multinational companies....
Gold price witnesses dip by Rs.600 per tola
KARACHI: The rate of gold in Pakistan decreased by Rs.600 per tola to Rs.245,000 Dealers reported that the price of gold in Pakistan fall by...
Boosting FDI top priority of govt: PM
ISLAMABAD: The Prime Minister Shahbaz Shareef has said that foreign Direct Investment in Pakistan is the top priority of government. Shahbaz Shareef has said that...
Aleem Khan lauds Prime Minister’s committee on Ease of Doing Business
ISLAMABAD: The Federal Minister for Privatization and Investment Abdul Aleem Khan has praised Prime Minister’s committee on Ease of Doing Business Abdul Aleem Khan Federal...
Country is rapidly moving towards economic stability: PM
ISLAMABAD: The Prime Minister Muhammad Shehbaz Sharif has said that government’s policies have started bearing fruit as the country is now moving towards economic stability....
Health activists proposed 26% increase on tobacco products
ISLAMABAD: Society for the Protection of the Rig hahts of the Child (SPARC), held a briefing session with journalists on Wednesday at local hotel in...