Saudi Arabia’s high level 50 member trade delegation reaches Pakistan
Islamabad: Saudi trade delegation for a mutual cooperation of investment has reached Pakistan. Saudi Arabia Deputy Minister investment H-E Ibrahim Ul Mubarak led the 50...
PTA rejects FBR’s demand to block SIMs of non-filers
ISLAMABAD: Pakistan Telecommunication Authority (PTA) has refused FBR to block SIMs of more than 500000 non-filers. The FBR had urged the PTA on April 29...
Sindh govt introduces AFC system for People Bus Service.
KARACHI: The government of Sindh introduced Automated Fare Collection (AFC) system for People Bus Service. Addressing the launching ceremony in Karachi, Sindh Minister for Transport...
Federal Government decided to take legal action against Telcoms operators.
ISLAMABAD: Telecom operators are hindering the process of disabling mobile phone SIM cards for non-filers in Pakistan, and the federal government is planning to take...
Rupee appreciated by 17 paisas in open market today
ISLAMABAD:Pakistani Rupee on Friday gained 10 paisa against the US dollar in the interbank trading and closed at Rs 278.20. Moreover, the US dollar depreciated...
PSX witnesses bullish trend as 100 index gains 1,244.45 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Friday, gaining 1,244.45 points, a positive change of 1.76 percent. A...
Gold rates decrease by Rs 1,400 per tola
ISLAMABAD: The per tola price of 24 karat gold decreased by Rs 1,400 and was sold at Rs 239,600 on Friday. The price of 10...
Finance Minister stresses need to enhance Tax-to-GDP ratio
Islamabad: Federal Minister for Finance and Revenue, Muhammad Aurangzeb has highlighted the importance of devising strategies to enhance Tax-to-GDP ratio and broaden the tax base...
Huawei beat Apple in China , profit surge 564%
BEIJING: The Tech giant Huawei’s first-quarter profits surged 564%, compared to its competitor brand apple’s sale in China. Huawei has long found itself caught in...
PM takes stern action on wheat purchase scandal, sacks federal secretary food security
Islamabad: Prime Minister Shahbaz Sharif taking stern action on a scandal of purchase of additional wheat has sacked Federal Secretary National Food Security Muhammad Asif...
Financial team ordered to complete working on budget before arrival of IMF delegation
Islamabad: The International Monetary Fund (IMF) delegation will visit Pakistan in the mid of this month. The Ministry of finance has directed to complete work...
Latest economic reports show positive trajectory of Pakistan’s economy
Islamabad: Latest economic reports have shown a positive trajectory of Pakistan’s economy with improved indicators in different sectors especially agriculture. According to statistics for the...
Inflation starts to decrease as it reduces by 0.4 percent in April
Islamabad: Inflation started to decrease in the country as it declined by 0.4 percent last month. The Statistic Bureau of Pakistan has issued fact and...
Rupee gains 01 pasia against US dollar
ISLAMABAD:Pakistani Rupee on Thursday gained 01 paisa against the US dollar in the inter-bank trading and closed at Rs 278.30. On the other hand, the...
PSX on declining path as 100 Index loses 444 points today
ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, shedding 444.91 points, a negative change of 0.63 percent, closing at...
Gold rates decrease by Rs 900 per tola
ISLAMABAD: The per tola price of 24 karat gold decreased by Rs 900 and was sold at Rs 241,000 on Thursday. On the other hand,...
FBR strict action against over 0.5 million tax evaders.
ISLAMABAD: The Federal Board of Revenue (FBR) has taken decisive action by blocking the mobile phone SIM cards of non filers across the country. The...
New lot of buses for People Bus Service reach Karachi: Sharjeel
Karachi: Sindh Information and Transport Minister Sharjeel Inam Memon has come up with good news for the masses of the provinces and Karachi. According to...
Binance founder is sentenced to 4 months in prison on money-laundering charge
Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, was sentenced on Tuesday to four months in prison after pleading guilty to money-laundering charges...
Int’l Labour Day being observed today
Web Desk: International Labour Day is being observed today (Wednesday) with a renewed commitment to upholding workers’ rights. The theme of this year’s day is...
Gold Prices again decline in Pakistan
Karachi: All Sindh Sarafa Association reported that the price of gold recorded a major decline in Pakistan on Tuesday. The price of gold fell by...
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Petrol and diesel prices likely to drop from May 1
Islamabad: Petrol and diesel prices are expected to decrease from May 1. The prices of petrol, diesel, and other petroleum products are anticipated to decrease...
IMF approves 1.10 billion dollar last tranche of Stand-by arrangement for Pakistan
Washington: The International Monetary Fund (IMF) on Monday approved last tranche of 1.10 billion dollar of three billion dollar completing the stand-by arrangement agreement. The...
Dollar appreciates in open market by nine paisa
ISLAMABAD:Pakistani Rupee on Monday lost 01 paisa against the US dollar in the inter-bank trading and closed at Rs 278.39. Whereas the dollar appreciated by...
PSX witnessed bearish trend, lost limit of 72,000 benchmark shedding 1,047 points today
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, shedding 1,047.71 points, closing at 71,695.03 points. A total of 613,314,754 shares...
PM invites Malaysian business community to visit Pakistan for enhancing trade, investment relations
Riyadh: Prime Minister Muhammad Shehbaz Sharif has invited Malaysian trade and business community to visit Pakistan to discuss enhancing trade and investment relations between the...
SBP decides policy rate unchanged at 22 percent
Karachi:The State Bank of Pakistan (SBP) on Monday decided to maintain the status quo by keeping the key policy rate unchanged at 22% for the...
K-Electric demands Rs18.86 per unit increase in tariff
ISLAMABAD: K-Electric has submitted a request to the National Electric Power Regulatory Authority (NEPRA) for an increase in electricity tariffs. The request seeks adjustments to...
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...