SBP to announce monetary policy for next two months today
Karachi:The State Bank of Pakistan will announce the new monetary policy for the next two months on Monday. According to the SBP sources, the Monetary...
IMF delegation to arrive Pakistan on Nov 2
Islamabad: The International Monetary Fund (IMF) delegation will arrive Pakistan on November 2. The interim finance minister Shamshad Akhtar was talking with industrialists in a...
PIA flights schedule likely to come normal as talks between PIA, PSO succeed
Karachi: A talks between Pakistan International Airline (PIA) and Pakistan State Oil (PSO) managements on ongoing crisis fuel crisis have borne fruit as negotiations succeed...
US dollar appreciates in inter-bank market by 48 paisas
Karachi: The up and down of the US dollar continued in the open and inter-bank markets today on the last day of the business week...
Slight decrease reported in Gold price today
Karachi: The price of 10 gm gold on Friday fell slightly by Rs 42 in the gold market to reach Rs 1, 81,156. On the...
Bearish trend grips PSX on last working day as market losses 147 points
Karachi: Pakistan Stock Exchange (PSX) on Friday saw a bearish trend as 100 index is trading at Rs 51,380 after a loss of 147 points....
US dollar decreases in open market by 50 paisas
Karachi: The up and down of the US dollar continued in the open and intra-bank markets as it reduced by 50 paisas in the open...
Positive trend at PSX as market closed after gaining 8.15 points
ISLAMABAD: The 100-index of Pakistan Stock Exchange (PSX) on Thursday gained 8.15 points, a nominal change of 0.02 percent, closing at 51,185.28 points A total...
US dollar tiny depreciates in inter-bank trading
Karachi: The US dollar has taken an uptick of 21 paisas in the inter-bank market today. The greenback closed at Rs 288.9 in the inter-bank...
Gold rates up by Rs.2,900 to Rs.211,350 per tola
ISLAMABAD: The per tola price of 24 karat gold increased by Rs.2,900 and was sold at Rs.211,350 on Thursday. The price of 10 grams of...
Positive trend at PSX as it gains 179 points at onset of market
Karachi: Pakistan Stock Exchange (PSX) on Thursday at the onset of the market gained 304 points. The market is trading at 51,356 after an uptick...
US dollar depreciates slightly in inter-bank market by 13 paisas
Karachi: The US dollar depreciated on Thursday by 13 paisas in the inter-bank market. Now the greenback is trading on Rs 279.75 in the inter-bank...
Dollar value up by 50 paisas in open market
Karachi: The US dollar saw an uptick of 45 paisas in inter-bank market and closed at 279, 88. Moreover, the greenback also increased in the...
PSX bullish today as market gains 149 points
Karachi: A bullish trend gripped in Pakistan Stock Exchange (PSX) on Wednesday as 149 points added in the 100 index. The PSX closed at 51,...
Per tola gold price reduces by Rs 750
Karachi: Per tola Gold price on Wednesday decreased by Rs 750 lowered down to Rs 2,8450. On the other hand, 10 gm gold prices declined...
Bullish trend at PSX as 161 points added
Karachi: Pakistan Stock Exchange (PSX) bullish trend continued on Wednesday as 161 points added in the 100 index. The PSX is trading at 51, 189...
Dollar appreciates in inter-bank market by 57 paisa
Karachi: The US dollar appreciated in the inter-bank market by 57 paisa as it prices reached Rs 280. The price of US currency in the...
Cheating, fraud, real estate tycoon Malik Riaz along with his son came on the police radar.
Karachi: Gulshan Iqbal Police has registered a case of cheating and fraud against Chairman Bahria Town Malik Riaz and his son Ali Malik. AbbTakk news...
PSX took brilliant pace today as market closed at 51,000 with uptick of 338 points
Karachi:The Pakistan Stock Exchange (PSX) on first day of on Monday took a brilliant pace as 100 index crossed its 51,000 limit. The market was...
US dollar appreciates slightly both in open market as well as inter-bank market
Karachi: The US dollar once again took an uptick of 50 paisa against Pakistani ruppe on Monday. The dollar closed at Rs 281 in the...
Gold prices started to increase again as Rs 1250 hiked on per tola
Karachi: Gold rates kicked off increasing again as per tola price reached Rs 2,9600 after an uptick of Rs 1250. On the other hand, 10...
Super bullish trend at PSX as 100 index crosses limit of 51,000
Karachi: A supper bullish trend gripped Pakistan Stock Exchange (PSX) today as the market crossed 100 index 51,000 limit. The market is trading at 51,300...
PM assures to continue to extend support to PIA until completion of its privatization process
Islamabad: Prime Minister Anwaar-ul-Haq Kakar has assured to continue to extend support to PIA until the completion of its privatization process. Chairing a meeting to...
US dollar appreciates by 50 paisa in open market
Karachi: US dollar appreciated today by 50 paisa in the open market on Monday as it is trading at Rs 281. On the other hand,...
Major uptick in gas prices likely from Oct 1
Islamabad: A major uptick in gas prices is likely from October 1 while a summary of the raise likely to be presented to Economic Coordination...
US dollar Inter-bank exchange rate saw Rs 1.19 rise during past week
Karachi: The current rate for US Dollar stands at Rs 278.80, as the inter-bank exchange rate saw a notable Rs 1.19 rise during the past...
Price of 24-karat gold per tola reaches Rs 212,000
Karachi: The price for 24-karat gold per tola reached Rs 212,000. Even for those looking to purchase smaller quantities, 10 grams of 24-karat gold are...
Dollar appreciated in open and inter-bank market sightly today
Karachi: The US dollar appreciated in the open market today by Rs 0.5 while at the end dollar closed on Rs 280.50. In the inter-bank...
100-index of PSX continues with bullish trend, gaining 366.72 points today
Islamabad: The 100-index of Pakistan Stock Exchange (PSX) on Friday continued with bullish trend, gaining 366.72 points, a positive change of 0.73 per cent, closing...
Gold rates continue to increase in Pakistan
The gold prices continue upward journey in Pakistan as per tola price witnessed an increase of Rs2,200 in the domestic market, AbbTakk News reported on...
IMF demands immediate increase in gas prices
Islamabad: The International Monetary Fund (IMF) has demanded immediate hike in the gas prices. The international lender has expressed its concerns to Pakistan over not...
K-electric files petition in NEPRA to get raise in electric prices for second time in one quarter
Islamabad: K-electric, a soul distributor of electricity to all across Karachi, has filed a petition in the National Electric Price Regulatory Authority for increasing electricity...
Pakistan finalizes long-term oil purchase agreement with Russia
ISLAMABAD:Pakistan has finalized a long-term oil purchase agreement with Russia, allowing local refineries to directly procure oil. This agreement with Russia is poised to offer...
Gold rates dip by Rs.200 to Rs.206,300 per tola
ISLAMABAD: The per tola price of 24 karat gold decreased by Rs.200 and was sold at Rs. 206,300 on Thursday. The price of 10 grams...
Bullish trend at PSX as market closes after gaining 993 points
ISLAMABAD: The 100-index of Pakistan Stock Exchange (PSX) on Thursday gained 933.67 points, a positive change of 1.89 per cent, closing at 50,365.15 points A...
US dollar depreciates in inter-bank as well as open market today
Karachi: The US dollar depreciated today in inter-bank as well as the open market. The greenback devalued by Rs 1 in open market after which...
Gold prices in Pakistan decreased by 200 Rupees on October 19, with a $13 increase in international market rates
On October 19, the price of gold in Pakistan decreased by 200 Rupees per tola, resulting in the price per tola being 206,300 Rupees. Additionally,...
Recent uptick in US dollar price is artificial: Zafar Paracha
Karachi: Secretary general Exchange Companies Association Zafar Paracha has declared an uptick in the US dollar price as an artificial. Talking in Abbtakk New Program...
Govt prepares to introduce uniform gas tariff for non export industries on IMF suggestion
Islamabad: The finance ministry has started preparations to introduce uniform tariff of gas for non export industries. The ministry has taken the measure on the...
Dollar ends its declining trend as it appreciated Rs 3 in inter-bank, Rs 4 in open market
Karachi: The Pakistani rupee fell against the dollar on Wednesday in the inter-bank as well as the open market. The local currency fell Rs3.26 or...
Pakistan starts preparations for talks with IMF before arrival of its review mission
Islamabad: Pakistan has started preparations for talks with the International Monetary Fund (IMF) set to be held in the current month. Before the arrival of...
Various brands of Ghee and Oil prices reduced at Utility stores across country
Islamabad: Various brands of oil and ghee at the utility stores across the country reduced on Tuesday (today). The per kg prices of ghee is...
Transport fares decreased by 15 to 10 percent : Interim CM Punjab
Lahore: Interim Chief Minister Punjab Mohsin Naqvi has given good news to masses as he said that the transport fares have cut by 15 percent...
WB agrees to provide Pakistan 150 million dollars
Islamabad: The World Bank agreed to provide Pakistan 150 million dollars while Pakistan will get 135 million dollars as a loan for energy sector projects...
Govt decides to uptick gas prices by 100 percent
Islamabad: The caretaker set up has decided to increase gas prices by 100 percent. The interim government has prepared a summary of the gas price...
Govt decides to pass on big relief to masses as Rs 40 decreases on Petrol, Rs 15 on HSD per litre
Islamabad: The interim government has taken a major decision to provide a big relief to the masses as Rs 40 decreased on petrol, and Rs...
Petrol price likely to lower down below Rs 300 in review for upcoming fortnightly
Islamabad: It is likely that petrol price per litre lowered down to below Rs 300 in the next fortnightly. In a review for upcoming fortnightly...
US dollar declining trend continues as it losses Rs 1 in open market
Karachi: The US dollar declining trend continued on Thursday (today) as it lowered down to Rs 278 after a reduction of Rupee 1, as per...
PSX bullish trend continues as market closed gaining 297 points
Karachi: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday and gained 297.17 points, a positive change of 0.61 per...
Major reduction in Gold price as per tola price falls 7800
Karachi: Gold prices once again lowered less than two lakhs as Rs 7800 decreased in per tola price. As per the gold association, after reduction...