Matter of relief on inflated bills lengthened as IMF rejected Pakistani plan
Islamabad: A matter of relief on inflated bills lengthened as a plan sent by the ministry of finance to the International Monetary Fund (IMF) was...
Govt will take stern action against electricity thieves: PM Kakar
Islamabad: Caretaker Prime Minister Anwaar-ul-Haq Kakar says the government will take stern action against electricity thieves. He was presiding over detailed briefing over power sector...
PSX commences the week on positive trend as market gains 394 points
Karachi: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday and gained 394.77 points, showing growth of 0.87 percent, closing at...
Caretaker PM directs Finance Minister to formulate effective strategy to stablize country’s economy
Islamabad: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the Finance Minister to formulate an effective strategy to stabilize the country’s economy. He gave the direction...
Dollar reaches all time high of Rs 329 in open market
KARACHI: The interbank exchange rate witnessed a notable increase today, with the US dollar climbing by Rs 0.17 and closing at 305.64 Pakistani Rupees (PKR)...
Money exchanges would be brought under the tax net: COAS
LAHORE: As the Pakistani rupee lost significant ground against the US dollar, Chief of the Army Staff (COAS) General Asim Munir has said that money...
Business figures meet with COAS) General Asim Munir
LAHORE: Lahore Chamber of Commerce & Industry (LCCI) President Kashif Anwar alongside prominent business figures met with Chief of Army Staff (COAS) General Asim Munir,...
Sugar prices skyrocketed all across the country
Islamabad\Quetta\Lahore\Peshawar\Karachi\: After petrol, diesel and dollar prices of sugar has reached on sky. All across the country prices of sugar has skyrocketed as prices of...
Rs 305.36 per litre To be new price of petrol as Govt announces hike in petroleum products
Islamabad: Government on intervening night of Thursday and Friday announced hike in petroleum prices for next fortnightly starting from today September 1 to September 15....
Per tola gold prices increase by Rs 3400
Karachi: Per tola gold prices increased by Rs 3400 today. After the uptick per tola prices climbed to 2,39800. On the other hand price of...
Govt speeds up efforts to provide relief to masses in electricity bills
Islamabad: Government has speed up its efforts to provide relief in electricity bill as it prepared a plan for consumers using 400 unit. The interim...
US dollar crosses all previous record as it reached Rs 323 in open market
Karachi: The US Dollar cross all previous record on Thursday as its value increased by Rs 3.50, according to Exchagne Companies Association (ECA) After an...
PSX witnessed the most bearish as the market lost 1701 points
Karachi: The Pakistan Stock Exchange remained the most bearish today on fourth day of the current week as 100 index lost its limit of 46,...
Petroleum prices likely to go up by Rs 15 from September 1
Islamabad: The prices of petroleum product likely to go up from next fortnightly on September 1. Oil and Gas Regulatory Authority (OGRA) sources said that...
IMF calls written plan for relief in electricity bills as Pakistan contacts Internatioanl lender
Islamabad: Caretaker Finance Minister Dr Shamshad Akhtar has said that if the International Monetary Fund (IMF) will allow then relief on electricity bill will be...
Dollar reaches new high of Rs 318 in open market
Karachi: The US dollar kept on rising on Tuesday as well as Rs 1.05 increased in inter-bank market while an uptick of Rs 3 witnessed...
Business, traders community announce strike on September 1
Karachi: Business community and traders of Karachi have decided to hold strike on September 1 against rising rates of electricity. As per the convener Tajir...
ECC decides to continue ban on export of sugar
Islamabad: The Economic Coordination Committee has decided to continue the ban on export of sugar. The decision was taken during meeting of the ECC that...
Bearish trend grips PSX as it shed 192. 61 points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) shed 192.61 points on Monday, showing negative change of 0.40 percent, closing at 47,478.61 points. A...
Energy Ministry finalizes recommendations on electricity bills
Islamabad: The Ministry of Energy has finalized recommendations on electricity bills to be submitted to the Federal Cabinet tomorrow [Tuesday] for approval. The Ministry, at...
Dollar reaches highest peak of history Rs 301.6 in inter-bank today
Karachi: The dollar rate reached at the highest point historically in the inter-bank market today. The dollar rate increased by 84 paisa in the inter-bank...
Traders, JI stage protest against whopping amount of K-electric bills in Jama Cloth Market
Karachi\Peshawar: As people of the country lives made hell by the inflation on the other hand a whopping amount of electricity bills made people lives...
PSX bullish today as 100 index gains 332 points
ISLAMABAD:The 100-index of the Pakistan Stock Exchange (PSX) on Thursday turned around to bullish trend, gaining 332.14 points, a positive change of 0.70 percent, closing...
Pakistan, Turkmenistan agree to accelerate work on TAPI gas pipeline project
Islamabad: Pakistan and Turkmenistan have agreed to accelerate work on Turkmenistan–Afghanistan–Pakistan–India gas pipeline project. The understanding to this effect was reached during a meeting between...
Rupee devalues historically as Dollar reaches 300 in inter-bank market
KARACHI: The Pakistani rupee breached the 300 mark against the US dollar in the interbank market during the intraday trade Thursday, data from the Exchange...
Work on CPEC projects will be further accelerated: Sami Saeed
Islamabad: Caretaker Minister for Planning and Development Muhammad Sami Saeed has vowed to further accelerate work on CPEC projects in the country. He was chairing...
Rupee falls to historic low of 299 vs dollar
On Tuesday, the rupee plummeted to a historic low, experiencing a 0.6% depreciation against the US dollar in the interbank market due to the relaxation...
Gold Price Per Tola in Pakistan Has increased
The trend of increase in the price of gold per tola continues in the country, and today the price has also risen by 3100 rupees...
Increase in value of dollar in Pakistan
In the country, there has been a further increase in the value of the American dollar against the Pakistani rupee, with income demand raising the...
Energy sector is jugular vein in the development of the country: Energy Minister M Ali
Islamabad: Interim Federal Minister for energy Muhammad Ali has apprised that tackling challenges faced by energy sector is his first priority. The Interim Federal Minister...
US dollar crushes Pakistani rupee as it increases in inter-bank market by Rs 3.42
Islamabad: The US dollar on Wednesday crushed the Pakistan rupee as the dollar appreciated by Rs 3. 42 paisa and closed at 294.93. On the...
PSX grips bearish trend as market looses 419 points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday, losing 419.31 points, a negative change of 0.86 per cent,...
Care Taker PM throws petrol bomb on masses by increasing it price by Rs 17.50 per litre
Islamabad: After jolts of petrol bomb by previous PML N coalition government, Care Taker Prime Minister following the previous government has thrown petrol bomb on...
Prices of Gold increases in country despite decrease in international market
Karachi: Despite decrease in international market, the prices of gold increased by Rs 1100 per tola in the country, President Gold market apprised today. On...
PSX remains bullish today as market saw uptick of 141 points
Karachi: Pakistan Stock Exchange (PSX) was bullish today as the market closed at 48, 565 after an uptick of 141 points. As a whole around...
Rupee depreciates by Rs 3.02 in Inter-bank Market
KARACHI: The Pakistani rupee depreciated by Rs3.02 against the US dollar in the interbank market on Tuesday. According to the central bank, the local currency...
OGRA recommends govt to uptick petrol price by Rs 12 per liter for next fortnightly
Islamabad: Care Taker Premier Anwar Ul Haq Kakar has faced with first difficult challenge regarding prices of petroleum products as working paper for increasing prices...
NEPRA notifies Rs 2.31 unit increase in power tariff for K-electric consumers
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Wednesday notified Rs 2.31 per unit increase in power tariff for the consumers of K-Electric for June...
ECNEC approves different development projects
Islamabad: The Executive Committee of the National Economic Council (ECNEC), which met in Islamabad today with Finance Minister Senator Mohammad Ishaq Dar in the chair,...
ECC approves continuation of Prime Minister’s Relief Package
Islamabad; The Economic Coordination Committee of cabinet (ECC) has approved the continuation of Prime Minister’s Relief Package for five essential items on subsidized rates through...
CCOP decides to include PIA in list of active privatisation projects
Islamabad; The cabinet committee on privatization has decided to include Pakistan International Airlines Corporation Limited in the list of active privatisation projects of the ongoing...
PSX witnesses bearish trend, loses 199.47 points
Karachi’: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 199.47 points, a negative change of 0.41 percent, closing at...
US dollar decreases in Inter-bank market by Rs 1. 38
Karachi: The US dollar diminished on Thursday by Rs 1. 38 in inter bank market. The dollar is being traded at Rs 288 after the...
PSX bullish trend continues as it crosses limit of 49000
Karachi: Pakistan Stock Exchange (PSX) on Thursday crossed limit of 49000 as the market remained bullish. The market gaining 568 points are being traded on...
PSX bullish trend continues as market gains 534 points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 534.04 points, a positive change of 1.11 percent, closing...
Gold prices remained unchanged in country today, reduced in world market
Karachi: The prices of Gold remained stable on yesterday rates on Tuesday. Price of per tola gold the price of per tola gold remained unchanged...
US dollar witnesses uptick in Inter-bank market
Karachi: The US dollar witnessed an uptick in inter-bank market by 0.90 paisa. After the increase the greenback closed at Rs 287.54. Interbank closing #ExchangeRate...
PSX remains bullish on consecutive second day as market gains 195 points
Karachi: Pakistan Stock Exchange (PSX) on consecutive second day remained bullish as the market gained 195 points. The PSX closed at 48230 after an uptick...
PM calls for exploring untapped vast natural minerals, reserves
Islamabad: Prime Minister Muhammad Shehbaz Sharif has stressed the need for making untiring efforts and hard work to realize the dream of our forefathers to...
Govt throws petrol bomb on masses as petrol price increased by Rs 20
Islamabad: The government has revised the prices of petroleum products keeping in view the trend in the international market. Announcing the new prices at a...