Gold price decline by Rs500 per tola
KARACHI: The rate of gold down by Rs500 per tola to Rs.2,43,900 According to All Pakistan Gems and Jewelers Association, the price of gold per...
IMF board likely to ratify $1.1bn tranche for Pakistan today.
ISLAMABAD: International Monetary Fund’s board will hopefully approve 1.1billion dollar for Pakistan today. The Pakistan’s case for the release of International Monetary Fund’s (IMF) final tranche...
PSX witnesses positive trend, cross 73,000
KARACHI: On the first day of business week Pakistan Stock Exchange seen bullish trend by crossing 73,000 mark. The Pakistan Stock Exchange (PSX) started the...
Pakistan thinking to go towards Pakistan Digital Currency: FinMin
RIYADH: Pakistan’s Finance Minister Muhammad Aurangzeb has said that his country is thinking about going towards Pakistan digital currency. Speaking at the World Economic Forum...
PM calls for transforming Pak-Kuwait ties into economic partnership
Riyadh: Prime Minister Muhammad Shehbaz Sharif met Amir of Kuwait Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, on the sidelines of Special Meeting of the World Economic...
IDB vows to complete projects in Pakistan at earliest
Riyadh: Islamic Development Bank has vowed to complete its projects in Pakistan at the earliest. The expression was made during meeting of President Islamic Development...
PSX climbs 772 points, settles at 72,742
KARACHI: The Pakistani Stock Exchange seen positive trend by gaining 772 points . Pakistan’s stock market is on fire! It’s near the 73,000 mark and...
Pak rupee gain 10 paisa against US dollar
KARACHI: The value of Pakistani rupee increased by 10 paisa against US dollar. According to the Forex Association of Pakistan (FAP) the value of US...
Gold price slightly decline by Rs.600 per tola
KARACHI: In the gold market the price of gold declined by Rs.600 per tola According to the all Pakistan Gems and Jewelers assosiations, after decreasing...
Petrol, diesel prices likely down owing to global oil prices fall.
KARACHI: The prices of petrol and diesel will fall in Pakistan due to prices fall in international market . As per detail, The price of...
Gold rates see huge increase by Rs.2500 per tola
KARACHI: The gold price up by Rs.2500 per tola to Rs.2,45,000 Dealers reported a similar increase in the price of 10 grams gold, which has...
Govt’s economic agenda will help attract investments in Pakistan: Aurangzeb
Islamabad: Minister for Finance Muhammad Aurangzeb has expressed the confidence that the government’s economic reforms agenda will lead to improved trust of businesses and attract...
Rupee appreciates against dollar by 13 paisa in open market
ISLAMABAD: Pakistani Rupee on Thursday appreciated in the open market by 13 paisas against dollar reaching Rs 279. 69. On the other hand, the rupee...
PSX loses 72,000 limit as 100 index sheds 80 points today
ISLAMABAD: The 100-Index of Pakistan Stock Exchange (PSX) on Thursday lost historic mark of 72000 achieved yesterday as it shed 80.49 points, closed at 71,971.40...
Sindh revenue department seals Sajjad Restaurant, M\S Dawat over not paying taxes
Karachi: Sindh Revenue Department on Thursday sealed premises of Sajjad Restaurant situated at Do Darya Se view and M\S Dawat, event management company having its...
Higher taxes, awareness help decrease cigarettes sale in Pakistan
Islamabad: The retail volume sales of cigarettes decreased in Pakistan due to higher taxes and awareness amongst cigarette consumers of the potential health risks caused...
Gold rates minor up by Rs.500 Per tola
KARACHI: The price of gold increased by Rs.500 per tola. In the gold market, the rate of gold surged by Rs.500 per tola to Rs.2,42,500...
US senate approves bill imposing partial ban on TikTok
Washington: The US senate has approved a bail imposing partial ban on Chinese video platform site TikTok. Reacting on the US action the Chinese company...
IMF executive board meeting to be held on April 29 to approve last tranche of loan for Pakistan
Washington: The International Monetary Fund (IMF) executive board meeting to approve last tranche of Pakistan of worth 110 million dollars would be held on April...
Dollar appreciates against Rupee in Inter Bank trading, open market today
ISLAMABAD:Pakistani Rupee on Wednesday depreciated by 02 paisa against the US dollar in the inter-bank trading and closed at Rs 278.39 Whereas the dollar also...
Pakistan among 9 poor countries producing 90 percent cigarettes for world: Study
LONDON: A recent international study revealing tobacco production across the world is matter of grave concern. Recently unveiled study of London’s Imperial College on smoking...
Gold rates up by Rs.1,100 per tola
ISLAMABAD:The per tola price of 24 karat gold increased by Rs.1,100 and was sold at Rs.242,000 on Wednesday. The All Sindh Sarafa Jewellers Association reported...
Bullish trend continues at PSX as market crosses 72 thousand mark
ISLAMABAD: The 100-Index of Pakistan Stock Exchange (PSX) turned around to bullish trend on Wednesday, gaining 692.49 points, closing at 72,051.89 points A total of...
Business community is backbone of the country’s economy: PM Shahbaz
KARACHI: Prime Minister Muhammad Shehbaz Sharif on Wednesday expressed his confidence that volume of Pakistan’s exports would be doubled over the next five years with...
Govt committed to implement minimum wages: Finance Minister Aurangzeb
ISLAMABAD: The National Assembly on Tuesday adopted a resolution urging the government to ensure the payment of minimum wages in both government-run departments and private...
Pakistan may lose around 50 billion if 10 sticks cigarette packs are allowed
Islamabad: Expressing profound concern, health activists questioned recent efforts by the tobacco industry to introduce 10-stick packs. This move, according to the activists, not only...
Biggest drop record in gold prices in Pakistan
Karachi: Gold prices in Pakistan experienced a significant decline on Tuesday dipping by Rs 7,800 per tola – the major single-day decline in recent times....
$258m Record Foreign direct investment in March
KARACHI: Foreign Direct Investment (FDI) jumped by 51.7 per cent to $258 million in March compared to $170m in the same month last year. Analysts...
PSX crosses historic benchmark of 71,500 points.
KARACHI: The Pakistan Stock Exchange set a new record in the country’s financial history. Investors rejoiced as the Pakistan Stock Exchange crossed the limit of...
Dollar value increase by 13 paisa in interbank
KARACHI: The United States dollar price up by 13 paisa in the interbank to Rs. 278.20 According to the Exchange Companies Associations the dollar value...
Uniform tax be implemented on cigarettes regardless of their national or multinational brand: Expert
Islamabad: It is encouraging that Finance Minister Muhammad Aurangzeb has given out hope to the masses that the country could get $3 billion package from...
Iran to take mutual trade volume to 10 bln dollars with Pakistan: Irani President
Tehran: Iranian President Dr Dr. Seyyed Ebrahim Raisi said that the country will take volume of mutual trade to 10 billion dollars. Addressing a presser...
Gold rates dip by Rs.3,500 per tola
ISLAMABAD:The per tola price of 24 karat gold decreased by Rs.3,500 and was sold at Rs.248,700 on Monday. The All Sindh Sarafa Jewellers Association reported...
FED increase on cigarette a must to check rising consumption
Islamabad : Snowballing economic burden in terms of public health and economic costs due to rising cigarette consumption has prompted health experts to demand implementation...
Gold price shoot up again in Pakistan by Rs. 1500 per tola
KARACHI: The rate of gold increased by Rs.1500 per tola to Rs.2,52,200 As per All Pakistan Gems and Jewelers Association, the gold price increased across...
X services restored across the Pakistan.
WEB DESK: The social media platform services was banned in Pakistan, now the X platform restored across the country. The services of X, formerly called...
PSX experience bullish trend on Friday.
KARACHI: The Pakistan Stock Exchange seen positive trend on the last day of business week. The Pakistan Stock Exchange witnessed a positive trend with the...
US dollar value minor dip by 2 paisa against PKR
KARACHI: In the currency market dollar price decreased by 2 paisa against Pakistani Rupee. The United State dollar value little dip by 2 paisa against...
Gold rate up again by Rs.500 per tola
KARACHI: In the gold market the rate of gold increased again by Rs.500 per tola. The gold price up again by Rs. 500 per tola...
Saudi Arabia to Invest $1 bln in Pakistan mine
ISLAMABAD: The kingdom of Saudi Arabia will invest $1 billion in Pakistan mine, Reko Diq copper and gold mining project. Saudi Arabia revealed interest to...
PSX witness mixed trend, lost 43 marks.
KARACHI: The Pakistan Stock Exchange witnessed mix trend on the 4th day of business week. On the 4th day of business week Pakistan Stock Exchange...
PKR experience a depreciation by 4 paisa against US dollar.
KARACHI: The United State dollar value increased by 4 paisa against Pak Rupee in interbank. In Thursday’s interbank session, the Pakistani rupee (PKR) experienced a...
High FED rates on cigarettes: a win-win for revenue and public health
Islamabad: The government’s decision to raise the Federal Excise Duty (FED) on cigarettes has yielded a notable increase in revenue while simultaneously contributing to a...
Gold rates dip by Rs 1,700 per tola
ISLAMABAD: The per tola price of 24 karat gold witnessed a decrease of Rs 1,700 and was sold at Rs 250,200 on Thursday. The price...
Finance Minister rules out rupee devaluation in talks with IMF
Washington: Finance Minister Muhammad Aurangzeb has ruled out any further significant rupee devaluation ahead of talks with International Monetary Fund. Speaking at roundtable meeting with...
Business community expresses concerns on playing with rules, regulations for trade allegedly by cigarette companies
Islamabad The concern about playing with rules and regulations for business and trade allegedly by cigarette companies has been rising with each passing day. The...
High Tobacco tax reduces cigarette consumption
Islamabad: The consumption of cigarettes in Pakistan has witnessed a significant decline after the government took a bold decision to increase taxes and address the...
Pakistan committed to economic reform to sustainable economic development: Aurangzeb
ISLAMABAD: Federal Minister for Finance and Revenue, Muhammad Aurangzeb, on Wednesday said the government is committed to economic reform to sustainable economic development in the...
Rupee strengthens against US dollar in Inter-bank and open market
ISLAMABAD:Pakistani Rupee on Wednesday depreciated by 10 paisa against the US dollar in the inter-bank trading and closed at Rs 278.39. On the other hand,...
PSX witnesses bearish trend today as 100 index loses 150 points
ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 150.34 points, a negative change of 0.21 percent, closing at...