RDA Inflows Rise to $4.794bn In June
ISLAMABAD: The inflow of remittances under the Roshan Digital Account (RDA) rose to $4.794 billion by the end of July 2022 as compared to US...
Businesses Owned By Pak Army Pay Tax: Miftah Ismail
ISLAMABAD: Finance Minister Miftah Ismail has said that tax is applicable on all businesses owned by Pakistan Army. In his tweet, he said that Askari...
Gold Price Falls By Rs2,700 Per Tola
KARACHI: Gold extended losses into a third session on Friday, falling below the threshold of Rs140,000 per tola on the rupee’s appreciation and expectations that...
Pakistan Receives Letter Of Intent From IMF
Islamabad: Pakistan has received the letter of intent from the International Monetary Fund (IMF) for the release of the next tranche of the loan program....
PKR Appreciates Against US Dollar
KARACHI: The Pakistani Rupee (PKR) on Friday continued its winning streak in interbank against the US dollar. The Pakistani rupee (PKR) continues to gain ground...
NEPRA Notifies Rs11.1023 Per Unit hike in K-Electric’s Tariff
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) allowed K-Electric to hike its power tariff by Rs11.1023 per unit on account of fuel charges adjustment...
Gold Price Sheds By Rs1400
KARACHI: In line with the dominant trend since the start of August, gold prices in Pakistan continued to decrease amid no demand in the market...
Rupee Appreciation Continues As Dollar Price Decreases By Rs 2.41 In Inter-bank Market
Karachi: The US dollar decreasing streak also continued on Thursday as its value against Pakistani rupee reduced by Rs 2.41 in inter-bank market. The currency...
Today’s Gold Rate in Pakistan
KARACHI: Gold price in Pakistan recorded a decrease of Rs400 on Wednesday, as it opened today after a two-day break on account of Ashura. Gold...
Bearish Trend Prevails At PSX As It Gains 639 Points
Karachi: Bearish trend prevailed at Pakistan Stock Exchange (PSX) on Wednesday. The market saw an uptick of 639 points after which the market is trading...
Dollar Falls Against PKR
KARACHI: The Pakistani Rupee (PKR) on Wednesday continued its winning streak in interbank and open market against the dollar. The Pakistani rupee (PKR) continues to...
Macro-economic stability will come with IMF program: Miftah
Karachi: Federal Minister of Finance and Revenue Miftah Ismail has clarified that macro-economic stability will soon come with the IMF program resuming before the end...
Protests Erupt In Bangladesh After 52% Hike In Fuel Prices
DHAKA: A steep increase in fuel prices in Bangladesh saw protests erupting across the country. The hike, which according to Bangladeshi media is “highest ever”,...
Gold Price Increased By Rs1,600 Per Tola
KARACHI: The price of gold per tola increased by 16 hundred rupees. In Karachi, the price of gold per tola increased by 1600 rupees to...
FBR Decides To Take Action Against 100 Big Retailers
ISLAMABAD: The Federal Board of Revenue (FBR) has notified a list of 114 unregistered retailers (Tier-1), who are required to be integrated with the FBR’s...
Dollar Depreciated After Govt’s Concrete Steps: Miftah
Finance Minister Miftah Ismail says the ban on import of luxury items will continue till next month, as it is in the interest of national...
Gold Price Declines by Rs1,300 Per Tola
ISLAMABAD: The price of 24 karat per tola gold decreased by Rs1,300 per tola and was sold at Rs141,900 on Friday against sale at Rs143,200...
Govt Burdens Peoples Once Again As Various Items Increased At Utility Stores
ISLAMABAD: The government has burdened the people once again by increasing prices of various items at utility stores across the country after increasing the prices...
US Dollar Continues To Shed Against PKR
KARACHI: The rupee continued upward trajectory on Friday, extending its gains against the dollar for the sixth consecutive session. According to the details, the greenback was...
SBP-held Foreign Exchange Reserves Decline
KARACHI: The country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to decline on a weekly basis. On July 29, the...
Pakistan, Japan Agree to Strengthen Ties in Divers Fields
Pakistan and Japan have agreed to strengthen bilateral political, economic and trade relations. An understanding came during a meeting of Foreign Minister Bilawal Bhutto with...
Per Tola Gold Price Decreases By Rs 2100
Karachi: After depreciation of the USA dollar, gold prices also started to decline. Per tola gold prices decreased to 1, 43,200 after reduction of Rs...
Dollar Devaluation Continues In Both Inter-Bank And Open Market On Consecutive Second Day
Karachi: Devaluation of the USA dollar continues on Thursday as well on consecutive second day as the dollar price declined by Rs 2.65 and downed...
Positive Trend Continues At PSX As Market Closed After Uptick Of 356 Points
Karachi: The positive trend continued at Pakistan Stock Exchange (PSX) on consecutive second day as the market closed at 41, 425 points after an uptick...
Rupee Strengthens Against Dollar As Dollar Price Decreased By Rs 3.50 In I-Bank Market
Karachi: Rupee devaluation which was continued since April this year saw a halt yesterday and started its appreciation on second consecutive day as Dollar devalued...
Gold Loses Shine, Price Falls by Rs8,600 Per Tola
KARACHI: Gold fell sharply on Wednesday as some investors unwound safe-haven positions as the precious commodity surrendered hefty gains to trade below Rs150,000 per tola...
Splendid Bearish Trend At PSX As 935 Points Increased In 100 Index
Karachi: The Pakistan Stock Exchange (PSX) saw fastest trend on Wednesday today as 100 index crossed limits of 41,000. After an increase of 935 points...
Dollar Sees Huge Blow As Its Price Decreases By Rs 9.38 In Inter bank Market
Karachi: The USA dollar saw huge blow on Wednesday today after its value depreciated by Rs 9.38 paisa in the inter bank market and its...
Dollar Price Decreases In Inter Bank Market By Rs 1.38
Karachi: Dollar price decreased on Wednesday by Rs 1.38 after which it is trading at Rs 237 in the inter-bank market. The greenback price decreased...
Govt Approves Loans Under Mera Ghar Mera Pakistan Housing Scheme
KARACHI: The government approved the issuance of loans under the Mera Ghar Mera Pakistan Housing Scheme. The State Bank of Pakistan has issued a circular...
Gold Price Sheds By Rs3,500 in Pakistan
KARACHI: Gold prices were subdued on Wednesday in choppy trade as a rupee appreciation and the prospect the central bank could raise interest rates after...
PSX Gains 115 Points
KARACHI: The bears and bulls locked horns at the Pakistan Stock Exchange (PSX) on Tuesday as the KSE-100 index traded on both sides of the...
PSX Closes On Positive Note As 100 Index Sees Uptick Of 115 points
Karachi: Positive trend witnessed in Pakistan Stock Exchange (PSX) on Tuesday (today) as an uptick of 115 points reported in the 100 index. The PSX...
PIA to Operate Seven Special Flights for Iraq to Facilitate Zaireen
KARACHI: Pakistan International Airlines will operate sevem special flights to transport intending Zaireen to Najaf, Iraq for observance of Ashura-e- Muharram. According to schedule, the...
Gold Price Slips in Pakistan
KARACHI: Gold prices slipped on Monday as the government’s stance on economic growth dimmed the metal’s appeal, with additional pressure from a rebound in local...
Miftah Ismail Assures Business Community of Resolving Their Issues
ISLAMABAD: Minister for Finance and Revenue Miftah Ismail has reiterated the government’s resolve to take every required step to facilitate and support the business community. ...
Govt Decreases Petrol Price By Rs 3.05
Islamabad: The Government announced decreasing the price of petrol by Rs3.05 per litre for the next fortnightly,the Finance Division said in a statement. Petrol will...
Govt Saves Country From Default By Implementing Prudent Economic Policies: Miftah Ismael
Islamabad: Finance Minister Miftah Ismael says the incumbent government has saved the country from default by implementing prudent economic policies. Addressing a news conference along...
PSX Plunges Over 100 Points
KARACHI: The Pakistan Stock Exchange (PSX) closed the futures rollover week on a negative note with a loss of over 100 points. The index oscillated...
Gold Price Plunges By Rs4,200 Per Tola
KARACHI: Gold lost its shine on Friday as the precious commodity receded nearly half of its gain recorded a day earlier as the Pakistani currency...
Prices of Petrol and Gas Likely To Increase For the Next Fortnightly
ISLAMABAD: Petrol and diesel prices may rise by Rs10-17 per liter beginning August 1, 2022, According to sources, a hike of Rs10 in petrol and...
Rupee Devaluation Continues As Dollar Price Increases by Six Paisa’s In Inter-bank Market
Karachi: Decline in Pakistani rupee is continued today (Friday) as the US dollar climbed to Rs 240 after increase of six paisa when market started...
Gold Price Rises By Rs8,500
KARACHI: Gold prices on Thursday increased to an all-time high as the greenback continues to dominate the rupee. The price of gold per tola of...
NEPRA Approves Uptick In Electric Prices of K-electric By Rs 11.37 Under Fuel Adjustment Charges
Islamabad: National Electric Power Regulatory Authority (NEPRA) on Thursday approved an uptick in prices of electricity for K-electric customers by Rs 11. 37. Chairman NEPRA...
Owing to Political Instability In Country US Dollar Reaches Highest Level Of Rs 245 In Open Market
Karachi: The political instability in the country has raised the US dollar on the Sky as the greenback climbed to the new highest level of...
One Tola Gold Price Surpasses Rs150,000 Mark in Pakistan
KARACHI: Gold price hit an all-time high, surpassing Rs150,000 per tola (11.66 grams) in Pakistan on Wednesday mainly due to a speculative increase in demand...
PSX Gains 50 Points
KARACHI: The Pakistan Stock Exchange (PSX) ended the second session of the rollover week on a flat note on Tuesday, with the benchmark KSE-100 index...
Dollar Value Strengthens At New Highest of Rs 232 In Inter-Bank Market
Karachi: The USA dollar value strengthen again on Tuesday today by Rs 2. 62 in the inter-bank market. The greenback appreciation continued while devaluation of...
Bears Rules PSX, 100-Index Falls Below 40,000 Points
KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile trading session on Monday, as jittery investors continued to weigh the impact of domestic political turmoil...
Gold Price Jumps by Rs2,000 Per tola in Pakistan
KARACHI: Gold scaled to a new peak on Monday as the delayed political uncertainty clouded the economic outlook and bolstered bullion’s safe-haven allure, though analysts...