PM orders to decrease Petrol price by Rs 15.4 per litre
Islamabad: Prime Minister Shahbaz Sharif has come up with big relief to masses as he ordered the Finance Ministry to reduce price of Petrol Rs...
LPG price declines by Rs 3.86 per Kg
Islamabad: The prices of Liquefied Petroleum Gas (LPG) declined by Rs 3.86 per Kg on Friday, today. The new prices fixed at Rs 234.59 per...
PSX crosses 75,000 mark, closes after uptick of 1000 points
Karachi: Pakistan Stock Exchange (PSX) on Friday witnessed bullish trend as 100 index crossed 75,000 limit. The market closed at 75,878 after an uptick of...
US dollar devalues by 17 paisa in inter-bank trading
Karachi: The US dollar depreciated by 17 paisas in the inter-bank trading on Friday declining to Rs 278.33. The greenback had closed at Rs 278.50...
PM to visit China for 5 days from June 4: Mumtaz Zehra
ISLAMABAD: The Prime Minister Shehbaz Shareef will visit to china for five days from June 4. At the invitation of Chinese leadership, Prime Minister Shehbaz...
Gold rate increase by Rs.500 per tola
KARACHI: The rate of gold surged by Rs.500 per tola to Rs.241,700 Gold price up by Rs.500 per tola to Rs.241,700 while the rate of...
CM Punjab meets UN Delegation led by Muhammad Yahya.
LAHORE: The Chief Minister Punjab Maryam Nawaz have met to United Nation delegation led by Resident and Humanitarian Coordinator in Pakistan Muhammad Yahya in Lahore....
Sindh government to provide residential plot in installment to govt employee: Sharjeel Memon.
KARACHI: The Sindh Information Minister Sharjeel Inam Memon has said that the Sindh government will provide residential plot in installment to the government employees. Sharjeel...
PSX witnesses mixed trend on the 4th day of business week.
KARACHI: The Pakistan Stock Exchange witnessed mixed trend on the fourth day of business week. On the fourth day of business week, Pakistan stock exchange...
Gold rate falls by Rs.1500 per tola
KARACHI: In the gold market the rate of gold decreased by Rs.1500 per tola to Rs.241,200 The price of gold in Pakistan decreased by Rs.1500...
Major reduction reported in LPG price across country
Karachi: A major reduction recorded in Liquefied Petroleum Gas (LPG) on Wednesday. The prices declined to Rs 180 per Kg from Rs 250. The LPG...
Reduction in petroleum products prices likely from June 1
Islamabad: Slashing of petroleum products prices for next fortnightly starting from June 1 are likely. According to the sources of the petroleum division the petrol...
Rupee depreciates 10 paisa against Dollar
ISLAMABAD:Pakistani Rupee on Wednesday lost 10 paisa against US Dollar in the inter-bank trading and closed at Rs 278.40. On the other hand, minute decrease...
Gold rates up by Rs 2,400 per tola
Karachi:The per tola price of 24 karat gold increased by Rs 2,400 and was sold at Rs 242,700 on Wednesday. The price of 10 grams...
bearish trend prevails at PSX as loses 681 points
ISLAMABAD:The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 681.19 points, closing at 74,836.30 points . A total of 408,073,662...
Capital Calling hails reports to hike tobacco tax, denounces illicit trade
ISLAMABAD: The Islamabad-based think tank, Capital Calling has hailed the reports suggesting that the International Monitory Fund (IMF) has remained steadfast in its recommendation for...
Uptick of Rs 5.57 billion investment recorded in IT and Telecom sector in last 5 years
Karachi: An uptick of as many as Rs 5.57 billion investment recorded in Telecom sector in the last five years. The Ministry of Information Technology...
PM expresses desire to boost its exports to China including cooperation in various fields
Islamabad: Prime Minister Shehbaz Sharif has expressed Pakistan’s desire to increase cooperation with China on a priority basis in the areas of agriculture, information technology...
Govt urged to increase tobacco tax by 40 pc to generate revenue, reduce consumption
ISLAMABAD: The health advocates have urged the government to increase tax on tobacco products by 40 percent to generate revenue, decrease consumption and bridging the...
Gold price fall by Rs.500 per tola
KARACHI: The price of gold per tola has decreased by Rs500 across the country. According to Pakistan Gems and Jewelers Association, the price of gold...
All business centers will remain open on May 28: Javed Shams
Karachi: President Anjuman Tajiran Karachi Javed Shams has said that all the business centers will be opened on May 28. Javed Shams said that owing...
Govt warned of missing revenue, tax reforms benefits if FED on cigarettes not hiked in budget
ISLAMABAD: Anti tobacco activists have warned that the government that it will miss the revenue and benefit gained through tax reforms if the Federal Excise...
Punjab to establishs industrial estates on plug-and-play model: Maryam Nawaz
LAHORE: The Punjab Chief Minister Maryam Nawaz has said that Government wants to establish industrial estates on plug-and-play model. Chief Minister Punjab Maryam Nawaz While...
Hike in Tobacco Taxes for FY-2024-25 demanded to save lives, strengthen economy
ISLAMABAD: Speakers of the police dialogue on tobacco taxation to highlight the contribution of the tobacco industry to Pakistan’s economy and the health cost burden...
SIFC meeting conveys message of federation and provincial units are on same page: Atta Tarrar
Lahore: Minister for Information and Broadcasting Attaullah Tarar says the national economy is on a growth trajectory due to the prudent economic policies of the...
Power Sector becomes whopping burden on country’s economy, wrath for masses
Islamabad: The power sector has become a whopping burden on the country’s economy and a wrath for the people of the country. International Power Producers...
Special Investment Facilitation Council (SIFC) has vital role in development of Pakistan: PM
Islamabad: Special Investment Facilitation Council (SIFC) has a vital role in the development of Pakistan as the federal and provincial government trust on it. The...
Dollar rate decrease by 9 paisa in interbank
KARACHI: The US dollar has depreciated against Pakistani rupee in the interbank. According to the State Bank of Pakistan, the dollar rate fall by 9...
PSX surges past 76,000 milestone, gain 956 points.
KARACHI: The Pakistan Stock Exchange witnessed positive trend, gain 956 points and crossed 76,000. The Pakistan Stock Exchange witnessed a bullish market since the opening...
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...