Khanewal Model Agriculture Farm to be inaugurated today
Khanewal: A project of green Pakistan Initiative Khanewal Model Agriculture Farm will be inaugurated today. Prime Minister Shahbaz Sharif and Chief of Army Staf (COAS)...
No federal tax has been imposed or will be imposed on agricultural income: Ishaq Dar
Islamabad: Finance Minister Ishaq Dar has once again made it clear that no federal tax has been imposed or will be imposed on agricultural income....
People facing worst inflation are burdened with increase in basic tariff of electricity
Islamabad: The people of Pakistan who are facing the worst inflation in the country now burdened with per unit electricity of Rs 7.50. The basic...
Ukraine FM calls on Premier vow to enhance bilateral ties in diverse fields
Islamabad: Pakistan and Ukraine have vowed to enhance their bilateral ties in diverse fields including trade, investment, defence, education and culture. The resolve was expressed...
NEPRA rejecting masses opposition gives interim extension to K-electric license
Islamabad: Despite enormous opposition from Karachiites, National Electric Power Regulatory Authority (NEPRA) has given interim extension to K-electric license. The soul distributor of electricity in...
Master piece of vision of Xi Ping, Nawaz CPEC proved to be game changer: Ahsan
Islamabad. A master piece of vision of Chinese President Xi Ping and Nawaz Sharif China Pakistan Economic Corridor proved to be a game changer. Addressing...
Completion of Model Sepcial Economic Zone remained late for five years : PM
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reiterated his call for the nation to unite on Charter of Economy to ensure the consistency of economic...
PM directs to establish one window operation facilitation centers to resolve exporters’ problems
Sialkot: Prime Minister Shehbaz Sharif has directed to establish one window operation facilitation centers to resolve exporters’ problems. He gave these instructions, while talking to...
Customs officers involved in running corruption network removed from their posts
Islamabad: The three collectors who were running an organized corruption network in customs have been removed from their posts. The three included Saqib Saeed, Director...
Govt slashes petrol price by Rs9/litre
ISLAMABAD– Finance Minister Ishaq Dar on Saturday announced the reduction of petrol price by Rs9 per litre. Meanwhile, the price of diesel was reduced by...
LPG mafia increases residential and commercial cylinder rates
Karachi: There is no one to stop Liquefied Petroleum Gas (LPG) mafia as they increased prices of residential cylinder by Rs 200 and commercial cylinder...
CM Sindh declares economist report regarding Karachi as conspiracy
Karachi: Chief Minister Sindh Syed Murad Ali Shah has claimed that there is conspiracy being hatched against Karachi who is on path of development while...
FM Bilawal lays foundation stone of Dhabeji Special Economic Zone
Islamabad: Foreign Minister Bilawal Bhutto Zardari laid the foundation stone of Dhabeji Special Economic Zone in Thatta district today. Speaking on the occasion, he said...
Automobiles sales decline significantly
LAHORE: The sales of vehicles including cars, buses and trucks have reduced significantly due to the rise in dollar prices and interest rate, Pakistan Automobile...
PIA issued final warning by Riyadh Airport Authority (RAA) for non-payment of dues
Islamabad: Pakistan International Airlines (PIA) has been issued a final warning by the Riyadh Airport Authority (RAA) for non-payment of dues. The authority has given...
Per Tola price of Gold increases by Rs 4000
Karachi: Per tola price of Gold on Thursday increased by Rs 4000 after which per tola amount climbed to 2, 08, 000. On the other...
PSX losses 247 point to close at 45, 266
Karachi: Pakistan Stock Exchange on Thursday saw a great highs and lows while the market closed at 45, 266 after losing 247 points. In a...
Dollar decreasing trend continues as it depreciates in Inter-bank market by Rs 1.2
Karachi: The dollar decreasing trend continues as it depreciated by Rs 1. 2 in the inter-bank market while it closed at Rs 276.46. Interbank closing...
IMF predicts unemployment, average inflation to reduce in fiscal year 2023-2024
Washington: The International Monetary Fund (IMF) has issued Pakistan economic performance report wherein it is predicted that unemployment and average inflation will decrease in the...
Pakistan receives first tranche of 1.2 billion dollars from IMF
Islamabad: The International Monetary Fund (IMF) on Thursday released first tranche of 1.2 billion dollar of 3 billion dollars approved its board yesterday. The IMF...
WB approves 100 million dollar for family planning in Punjab
Lahore: The World Bank has approved a tune of 100 million dollars for the purpose of family planning in Punjab. As per the World Bank,...
PSX starts positively as it gains 294 points
Karachi: Investors confidence on Pakistan Stock Market (PSX) restored further on fourth day of business week on Thursday after the IMF approved loan for Pakistan....
Reverse gear of dollar continues in Inter-bank market as it depreciates by Rs 3.48
Karachi: The reverse gear of dollar continues in inter-bank market as it depreciated by Rs 3. 48 on Thursday. The dollar is trading at Rs...
Global energy demand to rise 23pc by 2045, OPEC says
ABUJA- Global demand for all forms of energy is forecast to rise by 23 per cent through 2045, OPEC Secretary General Haitham Al Ghais told...
Dollar takes reverse gear in inter-bank, open market as SA deposits $2 billion with SBP
Karachi : After Suadi Arabia deposited $2 billion with State Bank of Pakistan (SBP) the US dollar took reverse gear on Tuesday as Pakistani Rupee...
PSX Bullish trend continues as market gains 570 points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 570.67 points, A total of 555,100,181 shares were traded...
PM expresses deep gratitude to KSA for depositing $2b with SBP
Peshawar: Prime Minister Shehbaz Sharif has expressed his deep gratitude to Kingdom of Saudi Arabia for depositing two billion dollars with the State Bank of...
After sugar now flour prices increased by Rs 10 and Rs 20 in Karachi
Karachi: After sugar mafia now it comes flour mafia as prices of flour increased by Rs10 and Rs 20 The prices of 2.5 number flour...
Fitch ratings Upgrades Pakistan long term foreign currency issuer default fating( IDR)to CCC
ISLAMABAD, Jul 10 (APP): Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC’ from ‘CCC-‘. Federal Minister for Finance and Revenue,...
Per tola, Per 10 gram prices of Gold Increased
Karachi: Per tola gold increased by Rs 800 while after this increase the per tola climbed to Rs 2,09000. On the other hand 10 gm...
Dollar appreciated in inter-bank and open Market
ISLAMABAD: Pakistani Rupee on Monday witnessed Rs1.91 devaluation against the US Dollar (USD) in the interbank trading and closed at Rs 279.80 against the previous...
PSX gains 377.82 points as market remained bullish
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 377.82 points. A total of 440,221,059 shares were traded during...
Sugar prices increased by Rs 25 in one week
Karachi: Sugar prices just a span of one week increased by Rs 25 After increase now sugar is being sold on Rs 145 in retail...
NEPRA increases electricity price by Rs 1.24
Islamabad: National Electric Power Regulatory Authority (NEPRA) has increased prices of electricity by Rs 1. 24 . The measures have been taken for three month...
Market being traded at 44, 569 points as 365 points added in PSX Index
Karachi: There is a positive trend in 100 Index of PSX on first day of the week as 365 points added in the market. After...
Dollar price appreciated in Inter-bank by Rs 2
Karachi: Dollar price appreciated in inter-bank market on Monday by Rs 2. 10 and now it is being traded at Rs 280. On the other...
Weekly inflation up by 0.70pc
KARACHI: The weekly inflation rate increased by 0.70 percent, reaching overall 28.55 percent as assessed by the Sensitive Price Indicator (SPI). According to Pakistan Bureau...
US dollar depreciated in inter-bank, open market today
Karachi: The US dollar today once again declined by Rs 0.37 and Rs 1 respectively in interbank and open market. After reduction of Rs 0.37...
After two days of declining streak, dollar started to rise again in inter-bank, open market
Karachi: After declining streak of last two days, dollar price started to rise as Rs 1.97 increased in Inter-bank market today. The dollar closed at...
Mix trend continues at PSX as it lost just two points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed mixed trend in trading on Wednesday, losing just 4 points, a nominal change of 0.01...
CPEC to be pursued with new vigor, commitment by focusing in more areas: PM
Islamabad: Prime Minister Shehbaz Sharif has expressed the resolve to pursue the China Pakistan Economic Corridor with a new vigor and commitment by focusing on...
Every passing day to witness improvement as impact of IMF deal: Governor SBP
Karachi: Governor State Bank of Pakistan (SBP) Jamil Ahmed on Tuesday said that every passing day will see improvement as effect of the International Monetary...
Electricity prices likely to be increased for K-electric, other consumers across country
Karachi/Islamabad: Government has started preparations to more burden the masses as it is likely that the electricity price of Karachiites Rs 1, 49 per unit...
PSX witnesses mix trend after losing 91 points
Karachi: Pakistan Stock Exchange (PSX) witnessed a mix trend on Tuesday as market is trading at 43, 807 points after losing 91 points. The stock...
Dollar declining trend continues as it devalued by Rs 10. 49 in inter-bank
Karachi: A trend of decreasing in the price of the US dollar has started since yesterday as it value reduced by Rs 10. 49 in...
Gold price plunges Rs8,800 per tola in Pakistan
KARACHI: The price of 24 karat gold per tola experienced a significant decrease of Rs 8,800 on Monday, reaching Rs 207,200, as compared to its...
Moody’s suggests Pakistan to bring reforms for long period economic stability
New York: After agreement with the International Monetary Fund (IMF) The International credit rating agency Moody’s suggested Pakistan that it has to bring reforms for...
Bostan says US dollar to hit below Rs250 in coming days
KARACHI: Exchange Companies Association of Pakistan (ECAP) Chairman Malik Bostan has said that the US dollar will hit below Rs250 in the coming days. Talking...
Deal with IMF is breathing space, it will turn into opportunity through vision, unity strategy: PM
Islamabad: Prime Minister Shehbaz Sharif has said that the three billion dollars standby agreement reached with the IMF is a breathing space, stressing for converting...
PM congratulates nation over record increase in PSX 100-Index today
Islamabad: Prime Minister Shahbaz Sharif on Monday congratulated the nation and business community over start of Pakistan Stock Exchange (PSX) business with extraordinary increase and...