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Financial Year 2022-2023 Budget Of Rs Nine Thousand and 500 Billion Presented

Abuzar UsamaJune 10, 2022June 10, 2022

June 10, 2022June 10, 20220680

Islamabad: Amid an inherited severe financial crisis, the two-month-old coalition federal government on Friday announced budget for fiscal year 2022-23, with a total outlay of...

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PM Approves Increase Of Govt Employees Salary Up To 15 Percent: Maryam Aurangzaib

Abuzar UsamaJune 10, 2022June 10, 2022

June 10, 2022June 10, 20220573

Islamabad: Minister for Information and Broadcasting Marriyum Aurangzeb has said the Prime Minister has approved an increase of fifteen percent in the salaries of government...

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Govt Unveils Economic Survey 2021-22

shan khanJune 9, 2022June 9, 2022

June 9, 2022June 9, 20220560

ISLAMABAD: Finance Minister Miftah Ismail has vowed to lead the country towards responsible, sustainable and inclusive growth. Launching the Economic Survey at a ceremony in...

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Economic Survey 2021-22 to Be Launched Today

shan khanJune 9, 2022June 9, 2022

June 9, 2022June 9, 20220526

ISLAMABAD: Economic Survey for the outgoing financial year 2021-22 will be launched at a ceremony in Islamabad on Thursday. Minister for Finance and Revenue Miftah...

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PSX Loses 15 Points

shan khanJune 8, 2022June 8, 2022

June 8, 2022June 8, 20220483

KARACHI: On the third day of the business week, the Pakistan Stock Exchange (PSE) remained in the red. The market closed at 41,553, after losing...

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Gold Price Drops in Pakistan

shan khanJune 8, 2022June 8, 2022

June 8, 2022June 8, 20220491

KARACHI: After a continuous hike in the gold prices for six consecutive days, the gold lost its shine on Wednesday as it declined by Rs850 per...

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NEC Meeting To be Held Today, Target Of 5.9 Percent Growth Rate Set

Abuzar UsamaJune 8, 2022June 8, 2022

June 8, 2022June 8, 20220521

Islamabad: National Economic Council (NEC) meeting will be held Wednesday (today) in chair of Prime Minister Shahbaz Sharif. The NEC will approve economic performance of...

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Swinging Continues In Dollar Prices

Abuzar UsamaJune 8, 2022June 8, 2022

June 8, 2022June 8, 20220457

Karachi: Changing in dollar prices continuing increase or decrease as today rupee value spike to Rs 2. 23 but afterwards dollar price appreciated by Rs...

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CPEC To Be Speed Up And Continuing Projects Will Be Completed Early: Ahsan Iqbal

Abuzar UsamaJune 7, 2022June 7, 2022

June 7, 2022June 7, 20220602

Islamabad: Minister for Planning and Development Ahsan Iqbal says the government is according topmost priority to speeding up work on projects under China Pakistan Economic...

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PSX Sheds Eight Points

shan khanJune 7, 2022June 7, 2022

June 7, 2022June 7, 20220399

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday witnessed a lacklustre session as the benchmark KSE-100 closed flat with a meagre loss of nearly nine points....

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Gold Price Continues To Witness Surge

shan khanJune 7, 2022June 7, 2022

June 7, 2022June 7, 20220427

KARACHI: Gold extended its rally towards a record high on Tuesday, after investors made a beeline for the traditional safe-haven metal on mounting fears around...

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Dollar Price Reaches All Time High At Rs 203

Abuzar UsamaJune 7, 2022June 7, 2022

June 7, 2022June 7, 20220526

Karachi: The American currency dollar on Tuesday reached all time in the history of Pakistan at Rs 203 in interbank market. According to forex dealers,...

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SBP Refutes ‘Baseless’ Claims on Proposal to Restrict Foreign Currency Accounts

shan khanJune 6, 2022June 6, 2022

June 6, 2022June 6, 20220517

The Ministry of Finance and the State Bank of Pakistan (SBP) on Monday refuted “baseless claims” circulating on social media regarding foreign currency accounts, Roshan...

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PSX Gains Over 250 Points

shan khanJune 6, 2022June 6, 2022

June 6, 2022June 6, 20220382

KARACHI: The bulls staged a comeback at the Pakistan Stock Exchange (PSX) on Monday following a bloodbath last week as the benchmark KSE-100 began the...

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Gold Price Surges By Rs2800 Per Tola

shan khanJune 6, 2022June 6, 2022

June 6, 2022June 6, 20220396

KARACHI: Gold prices in Pakistan skyrocketed on Monday as a softer rupee and concerns regarding inflation lifted the demand for the safe-haven asset. Gold prices...

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Dollar Prices Crossed Double Century In Open and Interbank Market

Abuzar UsamaJune 6, 2022June 6, 2022

June 6, 2022June 6, 20220426

Karachi: Dollar prices once again crossed double century on Monday (today) both in the interbank and the open market. In interbank market the dollar prices...

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OGRA Jacks Up Gas Tariff by 45pc

shan khanJune 4, 2022June 4, 2022

June 4, 2022June 4, 20220638

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has approved an increase in gas prices just a day after a massive increase in prices of...

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ECC Approves Grants For Various Ministries

shan khanJune 3, 2022June 3, 2022

June 3, 2022June 3, 20220555

ISLAMABAD: The Economic Coordination Committee has approved a grant worth 37.33 billion rupees for Ministry of Communications to clear remaining outstanding liabilities. The Committee which...

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Weekly Inflation Goes up By 2pc

shan khanJune 3, 2022June 3, 2022

June 3, 2022June 3, 20220492

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on June 2 for the combined consumption group, witnessed an increase of...

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Rupee Drops 11 Paisa Against US Dollar in Interbank

shan khanJune 3, 2022June 3, 2022

June 3, 2022June 3, 20220573

KARACHI: Continuing its upward trajectory against the US dollar in the interbank market for five consecutive days, the rupee on Friday registered a downward trend...

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Govt Increases Petrol and Diesel Prices By Rs 30 Per Liter Once Again

Abuzar UsamaJune 2, 2022June 2, 2022

June 2, 2022June 2, 20220595

Islamabad: Government on Thursday “(today) night increased petrol and diesel prices once again by Rs 30 per liter. This was announced by Finance Minister Miftah...

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Moody’s Downgrades Pakistan Outlook To Negative

Abuzar UsamaJune 2, 2022June 2, 2022

June 2, 2022June 2, 20220771

SINGAPORE: Moody’s Investors Service Thursday downgraded the outlook on Pakistan’s rating to negative from stable and affirmed the ‘B3’ local and foreign currency long-term issuer...

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Re-financing Of 2.3 Billion Dollars With Chinese Banks Agreed: Miftah

Abuzar UsamaJune 2, 2022June 2, 2022

June 2, 2022June 2, 20220619

Islamabad: Pakistan and Chinese banks have agreed on conditions and procedure of re-financing of 2. 3 billion dollars. Finance Minister Miftah Ismael confirmed the development...

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Pakistan, Turkey Sign Various MoUs

shan khanJune 1, 2022June 1, 2022

June 1, 2022June 1, 20220539

ANKARA: Pakistan and Turkey have signed various bilateral agreements and Memorandum of Understanding (MOUs) for enhanced cooperation in diverse areas of mutual interest including trade,...

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PSX Sheds Over 300 Points

shan khanJune 1, 2022June 1, 2022

June 1, 2022June 1, 20220520

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...

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Dollar Continues To Shed Against PKR

shan khanJune 1, 2022June 1, 2022

June 1, 2022June 1, 20220565

KARACHI: The US dollar on Wednesday continued its slide against the Pakistani Rupee in the interbank by going down 59 Paisa and closed on 197.87...

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SSGC Announces Three-Day Gas Closure Across Sindh From Friday To Monday

Abuzar UsamaJune 1, 2022June 1, 2022

June 1, 2022June 1, 20220652

Karachi: The Sui Southern Gas Company (SSGC) on Wednesday announced closure of Compressed Natural Gas (CNG) fore three-day across Sindh. In its statment, the SSGC...

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Political Stability, Continuity Of Policies Inevitable For Country’s Development: Ahsan

Abuzar UsamaJune 1, 2022June 1, 2022

June 1, 2022June 1, 20220598

Islamabad: Minister for Planning and Development, Ahsan Iqbal says political stability and continuity of policies is inevitable for making Pakistan a developed country. Addressing a...

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OGRA Lowers LPG Prices

shan khanMay 31, 2022May 31, 2022

May 31, 2022May 31, 20220705

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Tuesday announced a reduction in the price of LPG for June. According to the notification issued...

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Fuel Prices To Remain Unchanged For Next 15 Days

shan khanMay 31, 2022May 31, 2022

May 31, 2022May 31, 20220530

ISLAMABAD: The federal government Tuesday approved keeping the prices of petroleum products unchanged, a notification from the Ministry of Finance said. Prime Minister Shehbaz Sharif...

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Oil, Ghee Prices Jacked Up at Utility Stores

shan khanMay 31, 2022May 31, 2022

May 31, 2022May 31, 20220640

ISLAMABAD: The federal government has increased the prices of cooking oil and ghee, being sold at the country’s utility stores. The prices of various brands...

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Gold Price Slides in Pakistan

shan khanMay 31, 2022May 31, 2022

May 31, 2022May 31, 20220425

KARACHI: Amid the recovery in other commodity markets, gold price in Pakistan dropped Rs800 per tola to settle at Rs137,300 in Pakistan on Tuesday. Meanwhile,...

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Dollar Closes on Rs198.46 in Interbank

shan khanMay 31, 2022May 31, 2022

May 31, 2022May 31, 20220523

KARACHI: The Pakistani rupee’s uptrend persisted on Tuesday as the currency gained 0.30% against the US dollar in the interbank market, closing at Rs198.46. There...

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Gold Price Decreases By Rs350 Per Tola

shan khanMay 30, 2022May 30, 2022

May 30, 2022May 30, 20220506

KARACHi: The price of 24 karat per tola gold witnessed a decrease of Rs 350 and was sold at Rs 138,100 on Monday against its...

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PSX Gains 178 Points

shan khanMay 30, 2022May 30, 2022

May 30, 2022May 30, 20220418

ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Monday, gaining 178.69 points, with a positive change of 0.42...

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Budget Preparations Enter Final Phases As It Will Be Presented On June 10

Abuzar UsamaMay 30, 2022May 30, 2022

May 30, 2022May 30, 20220525

Islamabad: Preparation of budget of new financial year 2022-2023 has entered in a final phase as the budget will be presented in the National Assembly...

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PM Calls Meeting Today To Review Effects Of Rise In Petroleum Product Prices

Abuzar UsamaMay 30, 2022May 30, 2022

May 30, 2022May 30, 20220442

Islamabad: Prime Minister Shahbaz Sharif on Tuesday has called a meeting over the petroleum products. The huddle in Chair of Prime Minister Shahbaz Sharif will...

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Rupee Expected To Appreciates Against US Dollar Next Week

Abuzar UsamaMay 29, 2022May 29, 2022

May 29, 2022May 29, 20220454

KARACHI: Hopes have risen for the revival of the IMF programme as analysts say that the Pakistani rupee is likely to start an upward drive...

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Flour Prices Touching Sky-high Across Pakistan

shan khanMay 28, 2022May 28, 2022

May 28, 2022May 28, 20220497

Inflation continues to rise across the country, according to a report by the Bureau of Statistics. The price of flour has reached record levels in...

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Weekly Inflation Eases by 0.26 Percent

shan khanMay 27, 2022May 27, 2022

May 27, 2022May 27, 20220551

ISLAMABAD: The Sensitive price Indicator (SPI) based weekly inflation for the week ended on May 26 for the combined consumption group, witnessed a decrease of...

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PSX Gains 319 Points

shan khanMay 27, 2022May 27, 2022

May 27, 2022May 27, 20220443

KARACHI: The increase in petroleum prices and hopes of the revival of the International Monetary Fund (IMF) programme led the Pakistan Stock Exchange (PSX) to...

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Dollar Drops Below 200 Against PKR

shan khanMay 27, 2022May 27, 2022

May 27, 2022May 27, 20220452

KARACHI: With the hopes of the revival of the International Monetary Fund (IMF) programme, the US dollar on Friday slid by Rs2.25 against the Pakistani...

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Rs 4. 83 Per Unit Electricity Increased For K-electric Customers

Abuzar UsamaMay 27, 2022May 27, 2022

May 27, 2022May 27, 20220583

Karachi: National Electric Power Regulatory Authority (NEPRA) on Friday has issue notification regarding an increase of electricity prices for K-electric customers by Rs 4. 83...

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People Lives Become Hell After Record Uptick In Prices Of Essential Commodities

Abuzar UsamaMay 27, 2022May 27, 2022

May 27, 2022May 27, 20220529

Karachi: Ever continuing inflation in the country has made people life a hell as prices of essential food commodities increased substantially in the whole sale...

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Dollar Prices Decreased In Interbank Market By Rs 2.26

Abuzar UsamaMay 27, 2022May 27, 2022

May 27, 2022May 27, 20220459

Karachi: Dollar prices on Friday lowered to below Rs 200 as its prices decreased by Rs 2.26. Owing to depreciation the greenback prices in inter-bank...

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Govt Increases Fuel Prices By Rs30 Per Litre

shan khanMay 26, 2022May 26, 2022

May 26, 2022May 26, 20220635

ISLAMABAD: The government on Thursday jacked up the price of petrol by Rs 30 per litre with immediate effect. Federal Finance Minister Miftah Ismail told...

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PSX Gains 529 Points

shan khanMay 26, 2022May 26, 2022

May 26, 2022May 26, 20220510

Karachi: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday. gaining 529.05 points, with a positive change of 1.26...

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Gold Per Tola Prices Increased By Rs 100

Abuzar UsamaMay 26, 2022May 26, 2022

May 26, 2022May 26, 20220520

Karachi: In local gold market prices of Gold further increased while precious metal price decreased in the international market. As per the Gold Dollar Association,...

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Rupee Depreciates By 91 Paisas Against US Dollar

Abuzar UsamaMay 26, 2022May 26, 2022

May 26, 2022May 26, 20220455

Karachi: The Pakistani rupee on Thursday depreciated by 91 paisas or 0.04% against the US dollar to close at Rs202.01. The Pakistan rupee continues to...

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Sindh Govt asks owners of tax defaulting vehicles to deposit taxes as soon as possible

Zubair IbrahimMay 26, 2022May 26, 2022

May 26, 2022May 26, 20220458

Karachi: Provincial Minister for Excise, Taxation and Narcotics Control Department Mukesh Kumar Chawla has said that the campaign to collect tax from tax defaulting vehicle...