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...
Dollar Price Further Appreciates In Inter-Bank Market By Rs 1.64
Karachi: Dollar prices in inter bank market further appreciated on Tuesday by Rs 1.64 According to details, the dollar prices have reached the highest place...
FATF Meeting To Be Held Today, Pakistan Chances To Be Removed From Its Grey List Is Bright
Islamabad: A vital Financial Action Task Force (FATF) meeting is starting today in capital of Germany, Berlin. State Minister for Foreign Affairs Hina Rabbani Khar...
Electricity Short Fall Reaches 6, 708 MW
Islamabad: Electricity short fall across the country reached 6, 709 MW.. As per the sources of power division, the overall electricity production stand at 21,...
Sindh cabinet approves 1.71 trillion tax free provincial budget for FY 2022-23
Karachi: Sindh cabinet on Tuesday accorded approval of 1.71 trillion tax free provincial budget for financial year 2022-23. Sindh Chief Minister Syed Murad Ali Shah...
Miftah Hints at Hiking Fuel Prices
ISLAMABAD: Minister for Finance Miftah Ismail said on Monday that the country would default if the subsidy on petrol and diesel is not withdrawn till...
Yellow Metal Continues To Shine
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 650 per tola and was sold at Rs 142,800 on Monday...
PSX Sheds 1,134 Points
KARACHI: The stock market plunged in its first post-budget session, as the benchmark KSE-100 Index was plummet 1,134.80 points to close well below the 41,000...
KP budget with total outlay of Rs1,332b announced
Peshawar: Khyber-Pakhtunkhwa budget for next fiscal year with an outlay of one thousand, three hundred and thirty-two billion rupees was presented in Provincial Assembly in...
Punjab Govt Approves Budget Suggestions For Financial Year 2022-2023
Lahore: Punjab cabinet on Monday (today) approved the budget suggestions for the financial year 2022 and 2023. Chief Minister Punjab Hamza Shahbaz Sharif chaired the...
Electric Price Increased By Rs 3.99 Under Fuel Adjustment Charges
Islamabad: National Electric Power Regulatory Authority (NEPRA) on Monday issued a notification according to which the electricity prices increased by Rs 3.99. The spike in...
‘Imported Govt’ Decreases Development Budget Of Tribal Areas: Imran Khan
Islamabad: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Sunday said that ‘the imported government’ cut off development budget for tribal areas. In his message on...
PTI Declares All Targets of Federal Budget False
Islamabad: Pakistan Tehreek-e-Insaf (PTI) leader Hammad Azhar has declared all the target set in the budget of fiscal year 2022-2023 as false. The former minister...
Gold Price Increases By Rs1750 Per Tola
KARACHI: Gold prices resumed their upward trend as the per tola rate of the precious metal on Saturday witnessed an increase of Rs1,750 to Rs142,150...
Punjab Budget on June 13
LAHORE: Punjab Assembly’s 40th Session was turned into Budget Session of Punjab and will be presented on June 13 at 2 pm. As per details,...
Miftah Ismail Addresses Post-Budget Conference
ISLAMABAD: Finance Minister Miftah Ismail has said the target of next year’s budget is fiscal consolidation and provision of relief to the masses. Addressing the...
Petrol, Diesel Price Hike Pushes SPI to More Than 3-year high
KARACHI: Weekly inflation rose close to 3 percent week-on-week, hitting a more than three-year high after government raised petrol and diesel prices to seek IMF...
OGRA Slashes Price of Imported LNG for June
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued a notification to decrease the price of imported liquefied natural gas (LNG) for the month...
Govt Changes Income Tax Collection Slab
The new coalition government in its maiden Federal Budget 2022-23 made changes to the income tax collection slab. Presenting the budget, Finance Minister Miftah Ismail...
Gold Price Fall By Rs500 Per Tola
KARACHI: After a continuous downfall during the week, the gold price in Pakistan took another slide as it declined by Rs500 per tola on Friday....
Govt Proposes Rs10,000 Tax on Vehicles Upto 850cc
The government has released the fiscal budget for 2022-23 which shows several significant changes. Under the new budget, the government has proposed an advance tax...
Federal PSDP Budgeted At Rs800b For Next Fiscal Year
Islamabad: The budget envisages Federal Public Sector Development Programme (PSDP) worth 800 billion rupees for the next fiscal year. It has been centered on improvement...