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...
PSX for first time this year crossed limit of 48,000
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) first time this year crossed limit of 48,034.60 points on first day of business week as...
OGRA Increases LPG price for month of August
Islamabad: After electricity, gas now government has burdened the masses by increasing price of Liquified Petroleum Gas (LPG). Oil and Gas Regulatory Authority (OGRA) has...
US dollar increases by 0.19 paisa in inter-bank market
Karachi: The US dollar has stabilized on Rs 291 while in inter-bank market the greenback has increased by Rs. 0.19 paisa. Interbank closing #ExchangeRate for...
Pak, China reaffirms to continue working to realize shared objectives of CPEC
Islamabad: Pakistan and China have agreed on the centrality of CPEC for Pakistan’s socio-economic development and expressed their firm resolve to continue working together for...
SBP announces to retain interest rate at 22 percent
Karachi: State Bank of Pakistan (SBP) on Monday announced to retain interest at 22 percent. Governor SBP Jameel Ahmed has announced the interest rate while...
US dollar increases by Rs 1 in Open Market
Karachi: The US dollar has increased by Rs 1 while in inter-bank market the greenback has decreased by Rs. 0.5 paisa. The dollar is trading...
PSX achieves milestone this year as 100 Index crosses 48000 limit
Karachi: Pakistan Stock Exchange (PSX) on first day of week on Monday for the first time in 2023 achieved a milestone as 100 Index crossed...
Economic, diplomatic ties between Pakistan, China to touch new heights: Dar
Islamabad: Finance Minister Ishaq Dar has expressed the confidence that economic and diplomatic ties between Pakistan and China will touch new heights in the time...
Pakistan, UAE vow to further strengthen their economic ties
Abu Dhabi: Pakistan and the United Arab Emirates have reaffirmed the resolve to further strengthen their economic ties. This came at a meeting between Foreign...
Foreign exchange reserves swells from 8 Bln dollars to 14 Bln dollars
Islamabad: The Senate was told today that foreign exchange reserves of Pakistan have swollen from eight billion dollars to around 14 billion dollars due to...
Federal Govt imposes ban on single use plastic items in ICT
Islamabad: The Federal government has imposed ban on single use plastic items in the Islamabad Capital Territory (ICT). According to a notification issued in this...
Industrial zone in Hyderabad, Economic zone in Khairpur are being set up: Sharjeel
Karachi: Sindh Information and Transport Minister Sharjeel Inam Memon on Thursday announced that an industrial zone is being constructed in Hyderabad. Holding a presser today,...
Balochistan’s development at par with other provinces inevitable: PM
GWADAR: Prime Minister Shehbaz Sharif on Thursday said that the development of Balochistan at par with other provinces was inevitable, which faced “criminal negligence” during...
MoU signed for establishment of Greenfield Refinery in Pakistan
Islamabad: In a historic collaboration, four leading Pakistani state-owned companies would join hands for Greenfield Refinery project at the strategic Gwadar Port in Pakistan. The...
Gold prices increase more than 2000 per tola
KARACHI: Gold prices in Pakistan increased more than Rs2,000 per tola today. As per data issued by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the...
US dollar declining streak continues as it devalued in both open and inter-bank market today
Karachi: The US dollar declining streak continued on Thursday as it depreciated by Rs 1 in open market and closed at Rs 291. Similarly, the...
PSX outperforms today as market closes at 47,077 points
Karachi: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 394.47 points, a positive change of 0.85 percent, closing...
China roles over principal amount of $2.4b loan for two years: Dar
Islamabad: Finance Minister Ishaq Dar has said that China has rolled over the principal amount of 2.4 billion dollars loan for two years. Chinese EXIM...
PSX crosses 47000 mark after 21 months
Karachi: Pakistan Stock Exchange (PSX) on Thursday turned bullish as it crossed 47000 mark after 21 months owing to the International Monetary Fund (IMF) deal...
Karachi is the gate to development of Pakistan: PM
Karachi: Prime Minister Muhammad Shehbaz Sharif distributed awards among exporters and industrialists at a ceremony organized by Karachi Chamber of Commerce and Industry in Karachi...
ECC approves Rs985mln for Utility Stores Corporation
Islamabad: The Economic Coordination Committee of Cabinet has approved 985.43 million rupees spent by the Utility Stores Corporation under the Prime Minister’s free Atta scheme...
US dollar depreciates in Inter-bank, open market
Karachi: US dollar started to depreciate against as it devalued today in inter-bank market by Rs 1.48 paisa and closed at Rs 287.4 Moreover the...
Bullish trend prevailed at PSX as it gains 265 points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 265.19 points, a positive change of 0.57 percent, closing...
Govt appoints presidents of NBP and ZTBL: Sources
Islamabad: Government has appointed presidents of National Bank of Pakistan and Zarai Taraqiati Bank Limited (ZTBL), sources said. The government has designated Rehmat Ullah Hassni...
Govt agrees to petroleum dealers demand to increase profit margin
KARACHI: The government agreed to increase petroleum dealers profit margin on petroleum products by Rs1.64 per litre, after hours-long negotiations. The government has taken the...
PSX witnesses bullish trend as market gains 134 points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 134.08 points, a positive change of 0.29 percent, closing at...