PM orders abolition of Export Development Surcharge
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has ordered the immediate removal of the Export Development Surcharge on domestic exports. These instructions were given during a...
Torkham border closure costs Afghanistan $45 million in one month
ISLAMABAD: Federal government sources have revealed that the month-long closure of the Torkham border has inflicted losses worth $45 million on Afghanistan, while Pakistan has...
PM says industrial growth is crucial for creating jobs and driving economic progress
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif stated on Friday that strong industrial growth is essential for achieving economic development, job creation, and higher incomes in...
Gold prices in Pakistan drop by Rs5,000 per tola
KARACHI: Gold prices in Pakistan witnessed a steep drop on Thursday, with the per tola rate decreasing by Rs5,000 in the local market. As reported...
ADB approves $330m loan to Pakistan for power transmission expansion
ISLAMABAD: The Asian Development Bank (ADB) has approved a $330 million loan to support Pakistan’s Clean Energy Transmission Project. As part of the initiative, a...
Gold Prices See Massive Increase in Pakistan : Nov 19, 2025
KARACHI: Gold prices witnessed a significant surge on Wednesday, impacting both international and Pakistani markets. The All Pakistan Sarafa Gems and Jewellers Association (APSGJA) reported...
Pakistan’s economy is heading in the right direction, Qaiser Ahmed Sheikh
ISLAMABAD: Minister for the Board of Investment, Qaiser Ahmed Sheikh, expressed optimism about Pakistan’s economic progress, stating that the country’s economy is moving in the...
ECC greenlights key grants for security, defence projects
ISLAMABAD: The Economic Coordination Committee has sanctioned a technical supplementary grant of Rs50 billion, as proposed by the Defence Division, to fund multiple approved projects...
Gold prices in Pakistan experience a sharp decline
KARACHI: Gold prices in Pakistan experienced a sharp decline on Tuesday as international rates continued to exert downward pressure on the precious metal’s value. As...
PIA enters into a strategic cargo deal with Biman Bangladesh airlines
ISLAMABAD: Pakistan International Airlines (PIA) has established an important cargo interline agreement with Biman Bangladesh Airlines to streamline air freight operations between the two nations....
Gold rates in Pakistan, 17, NOV 2025
KARACHI: Gold prices remained stable on Monday in the Pakistani market, providing a sense of relief to buyers after a turbulent weekend. According to the...
Population growth remains a significant hurdle in achieving economic recovery, Aurangzeb.
ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb emphasized that Pakistan’s rapid population growth stands as a significant hurdle to the country’s economic recovery. While acknowledging improvements...
Gold price drops in Pakistan, 14 NOV, 2025
KARACHI: Gold prices experienced a decline in the local market on Friday, offering some respite to buyers as rates dropped across all categories. Data from...
Massive hikes in gold price
KARACHI: The rate of gold increased by Rs.8300 per tola in Pakistan to Rs. 443,062. According to the All Pakistan Gems and Jewellers Associations, the...
PSX witnesses positive trend, as gain 2473 points
KARACHI: Pakistan Stock Exchange seen positive trend, achieved 2473 points and closed at 160,657. On the fourth day of business week, the Pakistan Stock Exchange...
Fuel prices likely to rise from Nov 16
ISLAMABAD: Fuel prices in Pakistan are anticipated to see notable adjustments this weekend, with diesel, kerosene, and light diesel oil expected to become more expensive....
Gold prices in Pakistan, 12 Nov. 2025
KARACHI: After a two-day pause, gold prices experienced a decline in both international and domestic markets today. In the global bullion market, the price of...
Gold price sees another massive jump in Pakistan
KARACHI: Gold prices in Pakistan surged sharply on Tuesday, reflecting a strong upward movement in the global market. As reported by the All-Pakistan Gems and...
PM Shehbaz launches digital wallets for BISP payments
ISLAMABAD: Prime Minister Shehbaz Sharif has announced that the Benazir Income Support Programme (BISP) payment system will transition to a digital platform starting this Ramazan....
PSX opens week on strong note
KARACHI: The Pakistan Stock Exchange (PSX) began the week on a high note, with the benchmark KSE-100 Index extending the upward trajectory seen in Friday’s...
Gold prices witness significant surge in Pakistan
KARACHI: Gold prices in Pakistan experienced a significant surge on Monday, showing a robust rebound in both local and global markets. Following a brief dip...
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PM Shehbaz welcomes google’s investment, new office in Pakistan
ISLAMABAD: Prime Minister Shehbaz Sharif expressed his appreciation for Google’s decision to establish offices and invest in Pakistan. In a statement issued today, he highlighted...
Overseas Pakistani remittances surged to $3.4 billion.
ISLAMABAD: In October 2025, Pakistan recorded $3.4 billion in remittances from overseas workers, reflecting a nearly 12 percent increase compared to the same month in...
Gold price remains unchanged in Pakistan: Nov 7, 2025
KARACHI: The price of gold showed no variation compared to the previous day in both international and Pakistani markets. According to All Pakistan Sarafa Gems...
Pakistan Stock Exchange offers trading accounts for minors.
KARACHI: Individuals under the age of 18 can now open trading accounts in Pakistan’s capital markets, following detailed guidelines issued by the Pakistan Stock Exchange...
Gold prices see major increase in Pakistan: 06 Nov. 2025
KARACHI: Gold prices in Pakistan experienced a significant surge on Thursday, making the precious metal less accessible for many buyers. As reported by the All-Pakistan...
Gold price in Pakistan: Nov 5, 2025
KARACHI: Gold prices in Pakistan experienced a decline for the second straight day on Wednesday, influenced by shifts in international market trends. As reported by...
Gold price in Pakistan, Novermber 4, 2025
KARACHI: Gold prices in Pakistan experienced a significant drop on Tuesday, mirroring a decline in the international markets. As per the All-Pakistan Gems and Jewellers...
large-scale tax audit underway to uncover undeclared income, hidden assets. FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has intensified its crackdown on tax evaders nationwide, targeting individuals living far beyond their declared income levels. Through...
Global rating agencies recognise Pakistan’s economic progress
ISLAMABAD: Finance Minister Muhammad Aurangzeb announced on Monday that Pakistan is implementing significant reforms in the tax, energy, and pension sectors aimed at ensuring long-term...
Gold Prices Rise Again in Pakistan
KARACHI: Gold prices experienced a notable increase on Monday in both domestic and international markets. As per the All Pakistan Sarafa Association, gold prices in...
PSX recovers with nearly 2,500-point surge after recent volatility
KARACHI: The Pakistan Stock Exchange (PSX) saw a strong rebound on Friday, with the KSE-100 Index climbing by 2,496.07 points during the trading session. The...
Pakistan, Canada reaffirm commitment to strengthening trade and investment ties.
ISLAMABAD: Pakistan and Canada have reiterated their dedication to enhancing economic partnership and maintaining robust bilateral communication. This development followed a conversation between Pakistan’s Deputy...
Gold prices in Pakistan Today – October 31, 2025
KARACHI: Gold prices in Pakistan surged on Friday, recovering from the previous day’s drop as local demand picked up despite a decline in international rates....
DPM evaluates the infrastructure of petroleum sector.
Islamabad: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar led a meeting on Thursday to assess the current infrastructure of the petroleum sector,...
Gold price in Pakistan falls again
KARACHI: The price of gold in Pakistan experienced another drop on Thursday after witnessing a brief surge earlier, influenced by fluctuations in global rates. As...
NEPRA wraps up hearing on PKR 0.3681 fuel charge relief for September 2025
KARACHI: The National Electric Power Regulatory Authority (NEPRA) has finalized its proceedings regarding the Central Power Purchasing Agency-Generation’s (CPPA-G) application for monthly fuel charge adjustments...
Petrol prices likely to increase from November 1
ISLAMABAD: The prices of petrol are likely to be increased starting November 1st, with a potential hike of up to Rs. 2.34 per litre. The...
U.S. crude oil reaches Pakistan for the first time.
KARACHI: In a significant milestone for Pakistan’s energy sector and its trade relationship with the United States, Cnergyico Pk Limited has received the nation’s first-ever...
Gold prices increase again following a two-day break
KARACHI: Gold prices saw a renewed surge today after a two-day halt, climbing in both global and local markets. In the international bullion market, gold...
World Bank flags Pakistan’s fragile recovery
KARACHI: The World Bank has expressed concern over Pakistan’s current economic growth rate of 3%, deeming it insufficient to significantly reduce poverty or unemployment, despite...
Gold price in Pakistan sees massive drop
KARACHI: Gold prices in Pakistan experienced an unprecedented drop on Tuesday, marking the steepest single-day decline in the country’s history, influenced by a slump in...
SBP keeps interest rate unchanged at 11pc
KARACHI: The State Bank of Pakistan has opted to hold the benchmark interest rate steady at 11 percent for the next six weeks, prioritizing economic...
Gold prices see another massive drop
KARACHI: Gold prices in Pakistan experienced a notable drop on Monday as the 24-karat gold rate fell by Rs3,300 per tola. This decline aligns with...
Gold sees a modest rise following a five-day losing streak.
KARACHI: Gold prices in Pakistan experienced a slight uptick on Saturday after a streak of five days of decline. The All Pakistan Sarafa Gems and...
Gold prices maintain downward trajectory
KARACHI: Gold prices, which previously soared to record levels, continue their steady descent in local markets. The All Pakistan Gems and Jewellers Association reported a...
Gold prices in Pakistan experience a significant decline.
Karachi: Gold prices in Pakistan experienced another significant drop on Thursday, aligning with a decline in global rates. As per the All Pakistan Sarafa Gems...
PM launches ‘Roshan Maeshat Power Package’
ISLAMABAD: Prime Minister Shehbaz Sharif has introduced the “Roshan Maeeshat Power Package” aimed at bolstering the country’s industrial and agricultural sectors. The announcement was made...
PIA to be privatized by Year-End, announces FM Aurangzeb
WASHINGTON: Pakistan’s Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, declared on Wednesday that Pakistan International Airlines (PIA) will be privatized before the conclusion...
Gold, silver prices see big drop
KARACHI: Gold prices in Pakistan experienced a sharp drop on Wednesday, following news of a potential interest rate cut in the United States. As reported...