Gold rates up by Rs.1600 per tola
KARACHI: The price of gold increased by Rs.1600 per tola to Rs.245,600. As per data provided by the All Pakistan Gems and Jewelers the price...
Turkish Ambassador calls on Minister of Economic Affairs.
ISLAMABAD: The minister of Economic Affairs Ahad Khan Cheema met Turkish Ambassador Mehmet Pacaci in Islamabad, Pakistan and Turkey agreed to strengthen economic partnership. ...
Govt reduces petrol prices by Rs 15.39
Islamabad: The government has announced substantial reduction in the petroleum products for the next fortnightly starting May 16 12 am. The government has decreased prices...
Reforms urged in cigarettes manufacturing sector with least contribution in economy
ISLAMABAD: Researchers have stated that reforms in cigarettes manufacturing sector having minimum contribution of the economy of the country is need of the hour. They...
PM calls for accelerating pace of work on CPEC Phase II
Islamabad: Prime Minister Shehbaz Sharif has directed all ministries to further strengthen their coordination in order to expedite the China Pakistan Economic Corridor II. Chairing...
IMF places new demands for new loan program for Pakistan
Islamabad: The International Monetary Fund (IMF) has placed its new demands for a new loan program. The international lending agency has demanded that tax exemption,...
PM announces privatization of all govt-owned enterprises, except strategic SOEs
Islamabad: Prime Minister Shehbaz Sharif has announced to privatize all government-owned enterprises with the exception of strategically important state-owned enterprises. Chairing a review meeting on...
Stability in Rupee continues in currency market
Karachi: Stabilization in Rupees continued on Tuesday at the currency market as the dollar shed five paisas against the rupee in the open market and...
Bullish trend continues at PSX as 100 index gains 732 points
ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Tuesday, gaining 732.08 points, closing at 73,531.19 points. A total of...
Gold rate per tola in Pakistan sees decline.
KARACHI: The price of gold declined by Rs1200 per tola to Rs241,100 Dealers reported that the rate of gold decreased by Rs1200 per tola to...
PSX bullish trend upon its second day of business week.
KARACHI: The Positive started of business in PSX, 100 index cross the limit of 74,000. On the second day of the business week, business started...
DPM invites Chinese companies to establish processing plants in Balochistan
BEIJING: The deputy Prime Minister Ishaq Dar has invited the companies to establish processing plants in Balochistan Ishaq Dar the deputy prime minister has invited...
IMF mission chief ensures signing of loan program with Pakistan
Islamabad: The International Monetary Fund (IMF) mission has ensured the signing of loan program for Pakistan. The IMF mission head Martin Raiser said that the...
Govt demanded to align tobacco tax at par with WHO guidelines
ISLAMABAD: Anti tobacco activists have demanded of the government to align the tobacco tax in line with the guidelines of the World Health Organization (WHO)...
IMF mission calls on PM Shahbaz next week
Islamabad: The International Monetary Fund (IMF) mission will call on Prime Minister Shahbaz Sharif next week. The PM will talk to the IMF mission himself...
Pakistan, Turkiye resolve to solidify their economic ties by increasing investments, bilateral trade volume
Islamabad: Pakistan and Turkiye have resolved to further solidify their economic ties by increasing investments and bilateral trade volume. The commitment was expressed during meeting...
IMF mission meets FBR chairman and board members
Islamabad: The International Monetary Fund (IMF) mission headed by vice-president Martin Raiser on Monday met Chairman Federal Board of Revenue (FBR) Amjad Zubair Tawana, at...
US dollar appreciates in both Open and Inter-bank markets
Karachi: The US dollar on Monday appreciated in both inter-bank and the open markets. The dollar value up by 35 paisas in the open market...
Gold rates declines by Rs 1,200 per tola
ISLAMABAD:The per tola price of 24 karat gold decreased by Rs 1,200 and was sold at Rs 242,300 on Monday. The price of 10 grams...
Bullish trend prevails at PSX as 100 Index gains 713 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 713.61 points, a positive change of 0.98 percent, closing at 73,799.11...
Economic stability not obtains without privatisation: Finance Minister.
ISLAMABAD: The Finance Minister muhammad Aurangzaib has said that privatisation is the key for achieving economic stability. The Finance Minister Muhammad Aurangzeb underscored the significance...
Special Economic zone to establishs in South Punjab: Chairman Senate
MULTAN: The Chairman of Senate Yousuf Raza Gillani has stated that a special economic zone will be established in South Punjab. The Senate Chairman Yousaf...
Petrol price likely be fall from May 16
ISLAMABAD: The prices of petroleum products anticipated to take a significant dip effective May 16. In the international market, the price of petrol has witnessed...
CM Punjab calls on German delegation in Lahore.
LAHORE: A delegation of German Company led by its Vice President Benedik Aneselmann met Punjab Chief Minister Maryam Nawaz Sharif. During the meeting they discussed...
Gold rate slightly fall by Rs300 per tola
KARACHI: A decrease in the price of gold has been observed across the country by Rs300 per tola to Rs.243,500 According to Pakistan Gems and...
DPM to pay four days visit to China.
ISLAMABAD: The Deputy Prime Minister and Foreign Minister, Mohammad Ishaq Dar will pay a four day visit to China. Mr Ishaq Dar during his visit...
PM hails MBS upon steps taken for transform the Saudi Arabia.
ISLAMABAD: Prime Minister Shehbaz Sharif has praised Crown Prince Mohammed bin Salman for transforming Saudi Arabia. The Prime Minister comments were a reference to the...
Taxing cigarettes indispensable for public, economic health
ISLAMABAD: Pakistan has a “difficult-to-tax economy” and limited revenue generation options but the International Monetary Fund (IMF) has declared taxing cigarettes and other non-essential items...
Pak economic conditions going towards betterment as IMF issues report on Pakistan economy
Islamabad: The International Monetary Fund (IMF) on Friday issued its report over the Pakistan economy. According to the report Pakistani economic conditions are heading towards...
Federal govt approves privatization of 24 institutions
Islamabad: Federal government has approved privatization of 24 institutions. Deputy Prime Minister Ishaq Dar chaired privatization committee meeting on Friday. The institutions are going to...
Short-term inflation eases by 1.39 percent
ISLAMABAD:The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 1.39 per cent for the combined consumption groups during the week...
US dollar up by 14 paisas in open market today
Karachi: The US dollar value up by 14 paisas in the open market today and reached Rs 279.25. On the other hand, the dollar depreciates...
PSX achieves milestone as 100 Index crosses 73000 points
Karachi: The Pakistan Stock Exchange was bullish today and it has achieved the milestone of 73,000 points. The KSE-100 Index closed today at 73,085.50 points...
PM for trade policies to facilitate businesses, enhance export competitiveness
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday directed the authorities concerned to formulate the trade policies with a core objective of facilitating the business sector,...
FBR warns PTA, mobile phone companies of legal action if non-filers SIMs not shut till May 15
Islamabad: Federal Board of Revenue (FBR) has taken a firm stand against non-filers as it warned the mobile phone companies if non-filers SIMS were not...
FIA foils a smuggling attempt of mobile at Islamabad airport.
ISLAMABAD: The Federal Investigation Agency (FIA) immigration foiled a smuggling attempt of mobiles from a passenger who arrived at Islamabad airport from Dubai. The Federal...
PSX witnesses remarkable gains, 100 index crossed the 73000 mark
KARACHI: The Pakistan Stock Exchange seen to be bullish trend, 100 index crossed the 73000 points. On the last day of the business week in...
Gold rate shoot up by Rs.4600 per tola
KARACHI: The gold rate huge increased by Rs.4600 per tola to Rs.243,800 In the gold market, with the increased of Rs.4600, the price of gold...
Call for Tobacco Tax Increase to Safeguard Child Rights and Public Health
Islamabad: Health activists have called for an immediate increase in tobacco taxes in Pakistan to protect the rights and health of children and the general...
PSO Wants to Swap Debt for Stake in Public Sector Companies
Karachi: Pakistan State Oil is in talks with the federal government over a plan to acquire stakes in public sector energy companies in a bid...
Ahsan Iqbal calls on officials of leading chinese companies.
ISLAMABAD: The federal minister Ahsan Iqbal met with the top officials of 3 leading Chinese companies. As per details, the federal minister held a meeting...
PSX witnesses mixed trend, while morning session start on a positive note.
KARACHI: The Pakistan Stock Exchange seen to be mixed trend on the second last day of business week. In the initial hours of trading, the...
Record Rs 500 to 600 reduction in flour prices reported in Punjab
Lahore: A record reduction in flour prices happened in Punjab as a 10 Kg sack has cheaper by Rs 500 to 600. On the other...
CM Sindh announces buying 9 lakh ton wheat
Karachi: Chief Minister Sindh Syed Murad Ali Shah has announced buying nine lakh ton wheat. The CM said that where there is need the provincial...
Energy sector circular debt climbs to Rs 2300 bln
Islamabad: Circular debt of energy sector has climbed to a whopping amount of Rs 2300 billion. The payable amount to International Power Producers (IPPs) also...
K-electric prepares to fall electricity on Karachi consumers as it demands 9 months hike under FAC
Karachi: Preparations ready to fall electricity on the consumers of Karachi as the K-electric has requested hike in the electricity prices under the fuel adjustment...
NEPRA upticks electricity price by Rs 2.83 under fuel adjustment charges
Islamabad: The National Electric Price Regulatory Authority (NEPRA) on Wednesday uptick electricity prices by Rs 2.83 per unit under the fuel adjustment charges. The NEPRA...
Gold price decreases by Rs 800
ISLAMABAD: The per tola price of 24 karat gold decreased by Rs 800 and was sold at Rs. 239,200 on Wednesday. According to the all...
Bearish trend prevails at PSX as 100 index sheds 159 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) Wednesday witnessed bearish trend and shed 159.38 points, a negative change of 0.22 percent, closing at 72,601.82...
Dollar value up by five paisas in open market
ISLAMABAD: Pakistani Rupee on Tuesday gained two paisas against the US dollar in the inter-bank trading and closed at Rs 278.10. Moreover the dollar appreciated...