Chinese Consortium Loan Worth 2.3 billion Dollars Credited SBP
Islamabad: Minister for Finance and Revenue Miftah Ismail says Chinese consortium loan worth 2.3 billion dollars has been credited into State Bank of Pakistan. I...
PSX Witnessed Crash As KSE- 100 Index Plunges Over 1, 600 Points
KARACHI: The Pakistan Stock Exchange (PSX) Friday witnessed a crash immediately after Prime Minister Shehbaz Sharif announced “tough decisions” taken by the government in the...
NEPRA Approves Uptick In K-Electric Per Unit Price Under Fuel Adjustment Charges Of April
Islamabad: National Electric Power Regulatory Authority (NEPRA) has approved a raise of Rs 5.27 per unit for K-electric customers under the fuel adjustment charges for...
Dollar Price Increases Again In Open and Inter-Bank Market After One Day Depreciation
Karachi: Dollar price once again increased by 77 paisa after stoppage of its continued spike in last few days . According to forex dealers, after...
Price of Some Items Increased At Utility Stores
RAWALPINDI: Utility Stores Corporation (USC) has increased prices of some essential food items. According to the notification, the price of split lentil increased from Rs162...
Rupee Gains 4.70 Against US Dollar
KARACHI: The rupee snapped its losing streak against the US dollar, gaining Rs4.70 n the interbank market a day after the government secured the much-anticipated...
PIA Plane Struck By Bird
LAHORE: A flight of Pakistan International Airline (PIA) plane on Thursday made an emergency landing in Lahore after a bird strike. As per details, the...
Power Tariff Likely to Increase by Rs11.34 for K-Electric Consumers
KARACHI–As nation faces rising fuel cost and inflation, the power tariff is also likely to increase by whopping Rs11.34 for K-Electric consumers. According to sources,...
Punjab Assembly Passes Finance Bill 2022-23
LAHORE: The provincial government passed, amid the absence of the Opposition, its budget of Rs3.226 trillion for the financial year 2022-23 in the Punjab Assembly...
Gold Price Declines By Rs1,850 Per Tola
KARACHI: In line with its last day’s momentum, gold price in Pakistan plunged by Rs1,850 per tola to settle at Rs145,300 on hopes that the...
KSE-100 Index Sheds 63 Points
KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index opened in the green on Wednesday, continuing its momentum from the previous day, just hours after...
IMF And Pakistan Broker Agreement After Successful Talks
ISLAMABAD: The agreement reached between the International Monetary Fund (IMF) and the government Pakistan. The IMF and Pakistan brokered a staff-level agreement after following successful...
PM Thanks Overseas Pakistanis As Roshan Digital Deposits Cross $4.5 bln
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday thanked the overseas Pakistanis for sending $57 million in a day that helped the Roshan Digital Accounts cross...
Highest Ever Daily Inflows Worth $57 Mln Recorded In Roshan Digital Account: SBP
KARACHI: Deposit inflows in Roshan Digital Account (RDA) recorded highest ever daily figure on Tuesday as $57 million were deposited in a single day. According...
Balochistan Budget Unveiled
QUETTA: Balochistan Budget for the next fiscal year with a total outlay of 612.7 billion rupees was presented in the provincial assembly in Quetta on...
SBP Clarifies Rumors Claiming it’s Foreign Exchange Reserves Have Dried up
KARACHI: The State Bank of Pakistan (SBP) on Tuesday dismissed all the rumors claiming that it’s reserves have dried up or are not usable, the...
Gold Price Declines in Pakistan
KARACHI: Gold softened in volatile trade on Tuesday but held near a record-high hit the previous day, with dealers expecting the market to undergo a...
KSE-100 Index Gains 784 Points
KARACHI: The bulls staged a comeback at the Pakistan Stock Exchange (PSX) on Tuesday cheering the finance minister’s assurance the much-awaited International Monetary Fund (IMF)...
Dollar Appreciation Continues As It Reaches Rs 215.50 In Open Market
Karachi: The value of dollar is continued to rise both in inter-bank and open market as the greenback climbed to 215.50 from 213.50 today in...
Oil Tanker Association Threatens Govt Of Strike Over Not Fulfilling Demands
Karachi: Oil Tanker Associations (OTA) on Tuesday threatened the government of strike adding that nobody is ready to accepts our demands after passing of several...
USA Dollar Reaches All Time High Of Rs 212 In Inter-bank Market
Karachi: The USA dollar increasing trend continued as Rs 2. 4 added in the value of dollar after which dollar reached at the highest level...
Provincial Budget of Balochistan for FY 2022-23 To Be presented Today
Quetta: Balochistan budget for next fiscal year is being presented in the provincial assembly in Quetta on Tuesday. Provincial Finance Minister Sardar Abdul Rehman Katheran...
PM Urges Saudi Investors to Invest in Pakistan’s various Sectors
ISLAMABAD: Prime Minister Shehbaz Sharif has urged Saudi investors to come forward and invest in the different sectors of Pakistan. Talking to a delegation of...
PSX Sheds Over 300 Points
KARACHI: The bears staged a comeback at the Pakistan Stock Exchange (PSX) market on Wednesday as the benchmark KSE-100 index experienced another round of battering...
Gold Price Reaches New Peak In Pakistan
KARACHI: Gold scaled to a new peak on Monday as the delay in the revival of the International Monetary Fund’s (IMF) programme clouded the economic...
US Dollar Reaches New Height In Inter-Bank Market Of Rs 211
Karachi: The US dollar reaches all time high after surpassing Rs 211 in the inter-bank market on Monday. The dollar climbed to Rs 211.20 after...
Islamabad, Punjab Following Sindh’s Saving Energy Measures Decide To Close Market By 9 Pm
ISLAMABAD: The capital city administration and Punjab government on Sunday following Sindh government measures for saving energy, have decided to close market by 9pm. Islamabad...
Electricity Shortfall Rises to 6,245MW
LAHORE: Temperature nationwide has reduced following rainfall in upper parts of the country, however, it could not help in bringing down the power shortfall which...
Power Tariff Likely To Go Up Again
ISLAMABAD: Central Power Purchasing Agency (CCPA) has sought hike in power tariff by Rs7.96. According to National Electric Power Regulatory Authority (NEPRA), it will conduct...
Weekly Inflation Hits 14-year-hight in Pakistan
KARACHI: Following an increase in petrol and diesel prices to revive the International Monetary Fund (IMF) loan programme, the weekly inflation — based on the sensitive price index...
PSX Gains 410 Points To Close at 42,140 Points
KARACHI: The KSE 100-index of the pakistan stock exchange (psx) on Friday witnessed bullish trend, gaining 410.60 points, a positive change of 0.98 percent, closing...
Gold Price Increases By Rs1,500 Per Tola
The price of 24 karat per tola gold on Friday witnessed an increase of Rs 1,500 in the local market to Rs.145,500 from Rs.144,000 the...
Sindh Announces Measures For Saving Energy, Shopping Mall To Be Closed At 9 pm
KARACHI: The Sindh government on Friday announced the closure of all markets including shopping malls by 9pm across the province in an attempt to save...
Timely Import Of Edible Oil From Indonesia Averted Impending Oil Crisis In Country: PM
Islamabad: Prime Minister Shehbaz Sharif says timely import of edible oil from Indonesia has averted the impending oil crisis in the country. Talking to Minister...
PSX-100 Index Witnessed Bullish Trend On Friday
Karachi: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index was up more than 500 points on Friday afternoon, largely buoyed by expectations Pakistan’s removal from...
Dollar Appreciation Continues As It Hits Rs 209 In Interbank Trade
Karachi: The dollar continued its climb against the Pakistani Rupee on Friday, ascending to Rs209 in interbank trade. The greenback was trading at Rs209 on...
Hina Khar urges to avoid pre-judging outcome of FATF plenary meeting
Berlin: Minister of State for Foreign Affairs Hina Rabbani Khar says pre-judging the outcome of FATF plenary meeting and speculative reporting in this regard should...
NEPRA Increases Power Tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.55 per unit increase in electricity tariff for consumers in terms of quarterly tariff adjustment...
Gold Price Reaches Rs144,000 Per Tola
KARACHI: The price of 24 karat per tola gold on Thursday witnessed an increase of Rs 1,000 in the local market to Rs 144,000 from...
KSE 100-index Up By 291 Points
KSE 100-index of the Pakistan Stock Exchange (PSX) on Thursday witnessed bullish trend, gaining 291.37 points, a positive change of 0.70 percent, closing at 41,730.16...
Dollar Reaches 207.67 in Interbank
KARACHI: Rupee continued its downward slide against the US dollar as it depreciated by 1.21 rupees in the interbank market on Thursday. The local currency...
Petrol Price Jacked up By Rs24.3 Per Litre
ISLAMABAD: In another jolt to the inflation-hit masses, the government has decided to increase petrol and diesel prices by Rs24.03 per liter from June 16....
People-Friendly Punjab Budget Worth Rs3226b Unveiled
LAHORE: The people-friendly Punjab Budget with a total outlay of 3226 billion rupees for financial year 2022-23 was presented in Lahore on Wednesday. Presenting the...
Dollar Continues To Appreciate Against PKR
KARACHI: The Pakistani rupee continued its downward slide against the US dollar as it depreciated by 1.30 rupees in the interbank market on Wednesday. The...
NEPRA Increases Electricity Prices By 42 Paisa For Three Months
Islamabad: National Electric Power Regulatory Authority (NEPRA) has approved increase in prices of electricity by 42 paisa. The increase has been made for three months...
Dollar Reaches New Height Of Rs 206 In Inter Bank Market
Karachi: Dollar price in the history of the inter-bank market has reached a new height of Rs 206. The depreciation of Pakistani rupee against the...
PSX Witnesses Mix Trend
KARACHI: The Pakistan Stock Exchange (PSX) Tuesday witnessed a range-bound session despite negative cues that dented sentiments of other financial markets. The stock market opened...
Gold Price Drops in Pakistan
KARACHI: The gold price in Pakistan receded on Tuesday by Rs350 per tola amid the rising inflation. According to the All Sindh Saraf and Jewellers...
Sindh Budget With Outlay Of Rs 1.713 Trillion Presented In SA
Karachi: Tax free Sindh budget with total outlay of over 1.713 trillion rupees for financial year 2022-23 was presented in the provincial assembly on Tuesday....
NEPRA Approves Hike In Electricity For K-Electric by Rs 5.28 Per Unit
Karachi: National Electric Power Regulatory Authority (NEPRA) on Tuesday approved an increase in electricity prices for K-electric by Rs 5.28 per unit. The NEPRA completed...