Gold price shoot up again in Pakistan
KARACHI: The rate of gold increased again in Pakistan by Rs.1,900 to Rs.241,300 The precious metal’s value soared by Rs1,900 per tola, settling at Rs241,300...
Pakistan Economic Survey 2023-24 report to be launched today
Islamabad: The Pakistan Economic Survey 2023-24 report will be launched today. Minister for Finance and Revenue Muhammad Aurangzeb will launch it during a ceremony at...
5 percent sales tax suggested on petroleum products in budget for 2024-2025
Islamabad: It is suggested to impose five percent sales tax on the petroleum products in the federal budget for the financial year 2024-2025 . The...
Federal budget for financial 2024-2025 to be presented tomorrow
Islamabad: The federal budget for the financial year 2024-2025 of approximately volume of Rs 18,000 will be presented in the National Assembly (NA) tomorrow, Wednesday....
World Bank approves one billion dollar loan for Dasu Hydro Project
Islamabad: The World Bank has approved provision of one billion dollar loan. The bank has approved the loan for the Dasu Hydro Power Project. The...
Inflation slowed to a 30-month low of 11.8% in May.
KARACHI: The State Bank of Pakistan (SBP) cut its key interest rate by 150 basis points on Monday in a widely expected move. marking its...
Dollar rate increase by 17 paisa.
KARACHI: The value of United State dollar increased by 17 paisa in interbank In the currency market the value of dollar up by 17 paisa...
PSX witnesses negative trend, lost 501 points.
KARACHI: The Pakistan Stock Exchange seen negative trend on the first day of business week. On the first day of business week. Pakistan Stock Exchange...
Gold price remain stable on Monday.
KARACHI: In the gold market, the rate of gold remained stable on Monday. According to the gems and jewelers association, the rate of gold remained...
SBP sets interest rate at 20.5 percent as announcing new monetary policy
Karachi: The State Bank of Pakistan on Monday announced fixing interests rate at 20.5 percent. The SBP has announced new monetary policy under which the...
Baluchistan’s son wins Oxford Union presidency.
LONDON: Oxford University student from Baluchistan Israr Kakar has won the Oxford Union Presidency, making history as the third Pakistani and the first person from...
DHA seeks 6000 acres land in Karachi preferably on the beachside for ‘Shuhada Families’
KARACHI: The Sindh government is considering an application by the Defence Housing Authority (DHA) seeking up to 6,000 acres of seafront land in Karachi for...
Turkiya decides to impose 40 persent additional tax on vehicle import from China.
BEIJING: The Turkiye has decided to impose a 40 per cent additional tariff on imports of vehicles from China. As per detail, The additional tariff...
Training of Baloch students in Rekodiq Int’l Graduate Program continues
QUETTA: The first phase of the Reko Diq Barracks International Graduate Program is providing advanced training for selected Baloch students in Argentina. It aims at...
Opportunities to invest in Gwadar available to all countries: Ahsan
ISLAMABAD: Minister for Planning and Development Ahsan Iqbal has said high-quality development of Gwadar under China-Pakistan Economic Corridor will help it evolve into a world-class...
Gold rates huge decline by Rs.3600 per tola
KARACHI: The price of gold decreased by Rs.3,600 per tola to Rs.239,400 Dealers reported that the gold price decreased by Rs. 3,600 per tola to...
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Pakistan launches its 5G service for the consumers.
ISLAMABAD: The Pakistan has launched its 5G service in few city for the consumers, which will extend to all cities within no time. The first...
Petrol, Prices Expected to Drop by Rs. 12/L
Islamabad: The prices of petroleum products are anticipated to go down by a massive Rs. 12 per litre from June 15 for the next fortnight....
Dollar value hikes by 9 paisa against Pak Rupee
KARACHI: The United State dollar value increased by 9 paisa in interbank. In the currency market the value of dollar up by 9 paisa in...
PSX witnesses negative trend on the fourth day of business week.
KARACHI: The Pakistan Stock Exchange seen negative trend on the fourth day of business week With the lost of 356 points, the Pakistan Stock Exchange...
Gold price upticks by 2400 per tola today
ISLAMABAD:The per tola price of 24 karat gold increased by Rs 2,400 and was sold at Rs 243,000 on Thursday. All Sindh Sarafa Jewellers Association...
FBR suggests new measures in finance bill 2024-2025
Islamabad: The Federal Board of Revenue (FBR) has suggested new measures in the finance bill 2024-2025. Sources said that removing the tax exemption commodities from...
Meat Merchant Association announces slaughtering rates for three days of Eid Ul Azha in Karachi
Karachi: Butchers in Karachi have issued their rates list of slaughtering the sacrificial animals. According to the list issued by the Meat merchant association, Rs...
32 MoUs signed at Pak-China Business Forum in Shenzhen
Beijing: Thirty-two memorandums of understanding (MOUs) were signed at the Pakistan-China Business Forum in Shenzhen to boost bilateral trade and investment relations between the two...
High prices slash cigarette consumption by over 11 billion sticks
Islamabad: Pakistan has witnessed a significant dip in cigarette consumption due to high prices, and a survey by the Centre for Research and Dialogue (CRD)...
Electricity prices increased by Rs 3.33 per unit for April as NEPRA approved hike under FAC
Islamabad: The National Electronic Price Regulatory Authority (NEPRA) has increased electricity prices by Rs 3.33 per unit under the fuel adjustment charges (FAC) for a...
PM Shahbaz Sharif calls on Chairman of China International Cooperation Agency
Beijing: Prime Minister Shehbaz Sharif has said Pakistan desires Chinese investment in ML-1 upgradation project. He was talking to Chairman of China International Cooperation Agency...
Pakistan taking steps to improve governance to attract FDI: PM
Beijing: Prime Minister Shehbaz Sharif has said Pakistan is taking steps to improve governance, increase tax net and ensure ease of doing business in order...
PM to write letter to UAE for roll over of one billion dollars
Islamabad: Prime Minister Shahbaz Sharif will request the government of the United Arab Emirates (UAE) to roll over one billion dollars in Pakistan. It is...
PM visits Nanshan One-Stop Service Center and Shenzhen Exhibition Museum
SHENZHEN: Prime Minister Shehbaz Sharif on Wednesday visited the Nanshan One-Stop Service Center and Shenzhen Exhibition Museum and directed his ministers to immediately coordinate with...
$ 250 million loan approved for Pakistan by ADB
ISLAMABAD: The Asian Development Bank (ADB) has approved a $250 million policy-based loan to help Pakistan drive sustainable investments in infrastructure and services through public-private...
Gold price decreases by Rs 400 per tola
ISLAMABAD:The per tola price of 24 karat gold decreased by Rs 400 and was sold at Rs 240,600 on Wednesday. All Sindh Sarafa Jewellers Association...
Health Advocates applaud SIFC and IMF for boosting Pakistan’s economy through tobacco tax hike*
Islamabad: Society for the Protection of the Rights of the Child (SPARC), appreciated Special Investment Facilitation Council’s (SIFC) previous work on investing in better economic...
PM vows to replicate China’s development model in Pakistan
Shenzhen: Prime Minister Shehbaz Sharif has vowed to replicate China’s successful model of development in Pakistan. In his article published by Global Times, he expressed...
Govt providing facilities to foreign investors: PM
Shenzhen: A Chinese company Transsion Holdings has evinced deep interest in investing in manufacturing of mobile phones, electric bikes and modern agriculture and fintech in...
Gold price hikes by Rs 700 per tola today
ISLAMABAD: The per tola price of 24 karat gold increased by Rs 700 and was sold at Rs 241,000 on Tuesday. According to the all...
Clarification regarding baseless report on leading tobacco company
ISLAMABAD: Ipsos, a globally recognized market research and consulting firm based in France has unequivocally declared that it has no connection with the report in...
PM Shehbaz leaves for China on official visit
Islamabad: Prime Minister Muhammad Shehbaz Sharif has left for Shenzhen, on first leg of his official visit to China. Deputy Prime Minister and Foreign Minister...
Dollar value increase by 3 paisa
KARACHI: The United State dollar value increased by 3 paisa against Pakistani Rupee. According to the State Bank of Pakistan, the dollar has become more...
Gold prices stable at 240,300 per tola today
Karachi: The per tola price of 24 karat gold witnessed no change in its prices and was sold at Rs 240,300 on Monday. The All...
More delay feared in preparations of budget
Islamabad: More delay feared in this year 2024-2025 budget preparations as Federal Minister of planning Ahsan Iqbal has expressed concerns over not consulting him on...
PSX crosses 76,000 limit as 100 Index saw uptick of 273 points
Karachi: Pakistan Stock Exchange (PSX) on first day of business week on Monday sped up as 100 index crossed 76,000 limit. At the moment trading...
Sweden introduces ‘indoor’ solar sheet to generate solar power.
WEB DESK: The Sweden have introduced a ‘indoor’ solar sheet to generate solar power, ‘indoor’ solar sheet will not need sunlight or battery backup. A...
Govt. can boost revenues by 40 billion with Optimized Tobacco Taxation: Health Activists
Islamabad: Health advocates have proposed a 37% increase in taxes on tobacco products in Pakistan to reduce consumption, increase revenue and bridge the gap in...
Pakistan and China sign Memorandum of Understanding to promote industrial cooperation
Beijing: Pakistan and China have signed a Memorandum of Understanding to promote industrial cooperation between the two countries. Addressing on the occasion, Economic Minister deputed...
France bans Israeli companies from weapons exhibition
WEB DESK: France has banned Israeli companies from participating in this year’s annual Eurosatory arms and defence industry exhibition in Villepinte near Paris next month....
Governor Punjab invites Saudi investors to invest in various sectors in Pakistan
LAHORE: The Punjab Governor Sardar Saleem Haider Khan has invited Saudi investors to invest in various sectors of Pakistan. Talking to Ambassador of Saudi Arabia...
Govt takes U-turn over Petrol & diesel prices.
ISLAMABAD: The Prime Minister office initially announced a massive reduction in petroleum prices, but later on finance ministry announced only reduction of Rs.4.74 & Rs.3.86...
Major cut in petrol & diesel prices
ISLAMABAD: The Prime Minister Shehbaz Sharif has directed a more substantial reduction of Rs15.4 per litre for petrol and Rs7.9 per litre for diesel The...
Parliamentarians discretionary funds end on IMF conditions as budget preparations are on full swing
Islamabad: This year budget 2024-2025 preparations are underway while on the International Monetary Fund (IMF) conditions extra ordinary changes have brought in the federal development...