Surplus sugar’s export to be linked with price stability: Advisory Board
Islamabad: Sugar Advisory Board at its meeting chaired by Minister for Industries and Production, Rana Tanveer Hussain in Islamabad today decided to link export of...
Gold Price shoot up again by Rs.2400 per tola
KARACHI: In the gold market the price of gold up by Rs.2400 to Rs.2,49,700 per tola. The price of gold increased by Rs.2400 to Rs.2,49.700...
Dollar Price upward trajectory for the second consecutive day.
KARACHI: The United State dollar value increased against Pakistani Rupee by 17 paisa in the interbank to Rs.278.29 In the currency market dollar value increased...
Petrol price increase again by Rs. 4.53 per litre.
ISLAMABAD: The federal government increase the petrol and diesel price by Rs.4.53 and 8.14 respectively. Shehbaz’s government has increased the price of Petrol and diesel...
Finance Minister highlights road-map to address economic challenges In Washington
WASHINGTON: Federal Minister for Finance and Revenue Muhammad Aurangzeb, who is leading a Pakistan delegation in the IMF and World Bank-2024 Spring Meetings in Washington...
PSX achieves historic milestone today as 100 Index crosses 71000 mark
Karachi: Pakistan Stock Exchange on Tuesday achieved a historic milestone as 100-index crossed limit of 71000. Definetly the PSX has gotten a sucess owing to...
Pakistan initiates discussions with IMF over new loan agreement: Finance Minister
Washington: Minister for Finance Muhammad Aurangzeb says the United States is the largest trading partner of Pakistan and it has always supported us in terms...
PM expresses desire to enhance bilateral cooperation with Saudi Arabia in trade,investment
Islamabad: Prime Minister Muhammad Shehbaz Sharif has expressed Pakistan’s desire to further enhance bilateral cooperation with Saudi Arabia in the fields of trade and investment....
US dollar up again by 29 paisa in the currency market.
KARACHI: The United state dollar value increased by 29 paisa in the interbank to Rs.278.12 In the currency market the dollar value up by 29...
PSX gains 229 more points, closes at 70,608 points
KARACHI: On the first day of business week Pakistan Stock Exchange witnessed positive trend, gained 229 points. Pakistan Stock Exchange seen to be positive trend...
Gold rates up by Rs 800 per tola
ISLAMABAD: The per tola price of 24 karat gold witnessed an increase of Rs 800 and was sold at Rs 247,300 on Monday. The price...
Finance Minister arrives in US to participate in meetings of IMF, World Bank
Washington: Finance Minister Muhammad Aurangzeb has arrived in Washington D.C, United States to participate in the spring meetings of IMF and World Bank. On arrival...
High-level delegation led by Saudi Foreign Minister to arrive in Pakistan today
Islamabad: A high-level Saudi delegation, led by Foreign Minister Prince Faisal bin Farhan bin Abdullah is visiting Pakistan from tomorrow. The visit takes place essentially...
KSA to invest $7 billion in various sectors in Pakistan.
ISLAMABAD: The Saudi Arabia has pledged to invest $7 billion in various sectors in Pakistan, High level Saudi delegation led by foreign minister scheduled to...
Finance Minister leaves for US in bid to negotiate with global lender.
ISLAMABAD: The Finance Minister Muhammad Aurangzeb depart for United State along with delegation in a bid to negotiate with International Monetary Fund (IMF) As per...
Pakistan Pay back $1 billion in Eurobonds.
KARACHI: The State Bank of Pakistan has repaid $1 billion in Eurobonds. Finance Minister Muhammad Aurangzeb is due to leave on Sunday for Washington to...
Gold price sudden fall after reaching all time high.
KARACHI: The gold price decreased in the gold market after reaching all time high. The gold rate in Pakistan saw some correction after hitting all...
Single-tier structure and high taxes: the recipe to curb cigarette consumption
Islamabad – In a bid to combat the alarming rates of cigarette consumption in Pakistan, experts and health advocates have put their weight behind the...
Finance Minister departs for US tomorrow on one week visit
Islamabad: Federal Minister for finance Muhammad Aurangzaib will depart for his a one week visit to America. The aim of the Finance Minister visit is...
Governor Sindh demands SIFC to take over Karachi law and order into its hands
Karachi: Governor Sindh Kamran Tessori has demanded the Special Investment Fecilitations Council (SIFC) to take over Karachi’s law and order situation into its hands as...
In a first PSX 100-Index crosses 70,000 mark after uptick of 694 points
Karachi: In a first Pakistan Stock Exchange 100 index on Tuesday crossed historic 70,000 after an uptick of 694 points. Super bullish trend prevailed on...
Pakistan, KSA vow to fast-tracking $5b Saudi investment in Pakistan
Makkah: Pakistan and Saudi Arabia have affirmed their commitment to expediting the first wave of Saudi investment worth 5 billion dollars in Pakistan. This was...
PSX crosses historic milestone of 69000 points today
Karachi: Pakistan Stock Exchange (PSX) benchmark KSE-100 index crossed the milestone of 69,000 points for the first time in history on Monday. The market continued...
Workers’ remittances record $3 bn inflow in March 24
ISLAMABAD: The overseas workers’ remittances recorded an inflow of US$3 billion during March 2024, the State Bank of Pakistan on Monday said. In terms of...
Gold price upticks by Rs 600 per tola
ISLAMABAD:The per tola price of 24 karat gold witnessed an increase of Rs 600 and was sold at Rs 245,700 on Monday. The price of...
CRD demand action against tobacco companies on violation of tax laws
Islamabad: The Centre for Research an FCd Dialogue (CRD) has asked the finance minister for action against violation of the country’s tax laws by multinational...
Gold rate surge again by Rs.2,200 per tola
KARACHI: In the gold market the price of gold increased again by Rs.2,200 per tola. With the increase of Rs.2,200, the rate of gold became...
Govt urged to focus on increasing FED on tobacco instead of GST on fuel
ISLAMABAD,: Aurat Foundation has advocated for a 26 percent Federal Excise Duty (FED) increase on cigarettes instead of burdening the public by imposing GST on...
Global lender approve $1.1billion tranche for Pakistan
ISLAMABAD: International Monetary Fund (IMF) ratify $ 1.1 billion for Pakistan expected to be held by the end of April. IMF’s Director of Communications Kozack...
Dollar value dip by 12 paisa against Pak rupee.
KARACHI: The price of the US Dollar decreased by 12 paisa against Pakistani rupee in the interbank. In the currency market the value of dollar...
PSX crosses historic benchmark of 68,000 points
KARACHI: Pakistan Stock Exchange crossed the milestone of 68,000 points for the first time in history as the PSX 100 index traded up 660 points...
Gold rates up by Rs.2,200 per tola
ISLAMABAD: The per tola price of 24 karat gold witnessed an increase of Rs 2,200 and was sold at Rs 241,100 on Thursday. The price...
Speakers urge uptick in FED on cigarettes to mitigate pervasive health hazards
Islamabad: Speakers at a seminar highlighted the impact of increase on tobacco taxation and its effect on health cost, economic and social factors and demanded...
PM stresses need to focus on attracting,retaining top talent, vital for investments
Islamabad: Prime Minister Shehbaz Sharif has stressed the need to focus on attracting and retaining top talent, which is vital for attracting and retaining investments...
Gold rates up by Rs.1,800 per tola
ISLAMABAD: The per tola price of 24 karat gold witnessed an increase of Rs 1,800 and was sold at Rs 238,900 on Wednesday. The price...
PSX stays bullish, gains 869 points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 869.77 points, a positive change of 1.30 percent, closing...
Rupee gains 06 paisa against dollar in open market
ISLAMABAD: Pakistani Rupee on Wednesday witnessed a devaluation of 08 paisa against the US dollar in the inter-bank trading and closed at Rs 277.91 On...
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Health activists stress importance of Tobacco Tax increase for Public Relief on essential commodities
Islamabad: Health activists emphasized the critical need for the government to prioritize health and economic agendas by increasing taxes on cigarettes. In a press release...
PSX witnesses mixed trend on the second day of business week.
KARACHI: Pakistan Stock Exchange seen mixed trend on the second day of business week. On the second day of business week Pakistan Stock Exchange witnessed...
Dollar value decline by 10 paisa in interbank
KARACHI: US dollar decreased by 10 paisa in the inter bank to Rs.277.84 In the currency market dollar value dip by 10 paisa against Pakistani...
Gold rates dip by Rs.500 to Rs 237,100 per tola
ISLAMABAD:The per tola price of 24 karat gold witnessed a decrease of Rs 500 and was sold at Rs 237,100 on Tuesday as compared to...
Dollar value slashes slightly against Pakistni Rupee
KARACHI: US dollar value decreased against Pakistani rupee in the inter bank. In the interbank dollar value declined by 1 paisa against Pakistani rupee and...
Gold price upticks by Rs 2800 per tola
Karachi:The per tola price of 24 karat gold witnessed an increase of Rs 2,800 and was sold at Rs237,600 on Monday. The price of 10...
Domestic Cylinder of LPG slashes by Rs.76.9
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has made domestic cylinders of Liquefied Petroleum Gas (LPG) cheaper. A notification has also been issued by...
Petrol price surge by Rs.9.66 P/L
ISLAMABAD: The federal government increased the price of petrol by Rs9.66 per litre for the next fortnight in line with a surge in international crude...
FBR issues notification of Special Procedure 2024 for taking monthly tax from businessmen
Islamabad: The Federal Board of Revenue (FBR) has issued a notification of businessmen friendly special procedure 2024. Under the scheme the registration of businessmen and...
FBR set to rope in jewelers, fruits and meat sellers, grocery shops into tax net
ISLAMABAD: Five categories of retailers are going to be brought into tax net through Tajir Dost Scheme with effect from April 1, 2024. The Federal...
Petrol price is likely to be increased in the month of 1st of April.
ISLAMABAD: The government planning to hike petrol price by Rs.10 per liter owing to increase in international rate. During the last two weeks, US Brent...
PSX index highly volatile on the last day of business week
KARACHI: In the last day of business week Pakistan Stock Exchange seen mixed trend. Pakistan Stock Exchange witnessed mixed trend on the last day of...
Pakistani Rupee get stronger against US dollar
KARACHI: The value of dollar decreased by 8 paisa in the interbank. In the currency market Pakistani rupee become stronger against US dollar by 8...