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for Finance Miftah Ismail said on Monday that the country would default if the subsidy on petrol and diesel is not withdrawn till...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...
Financial Year 2022-2023 Budget Of Rs Nine Thousand and 500 Billion Presented
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...
PM Approves Increase Of Govt Employees Salary Up To 15 Percent: Maryam Aurangzaib
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...
Govt Unveils Economic Survey 2021-22
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...
Economic Survey 2021-22 to Be Launched Today
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...
PSX Loses 15 Points
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...
Gold Price Drops in Pakistan
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...
NEC Meeting To be Held Today, Target Of 5.9 Percent Growth Rate Set
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...
Swinging Continues In Dollar Prices
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...
CPEC To Be Speed Up And Continuing Projects Will Be Completed Early: Ahsan Iqbal
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...
PSX Sheds Eight Points
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....
Gold Price Continues To Witness Surge
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...
Dollar Price Reaches All Time High At Rs 203
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,...
SBP Refutes ‘Baseless’ Claims on Proposal to Restrict Foreign Currency Accounts
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...
PSX Gains Over 250 Points
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...
Gold Price Surges By Rs2800 Per Tola
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...
Dollar Prices Crossed Double Century In Open and Interbank Market
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...
OGRA Jacks Up Gas Tariff by 45pc
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...
ECC Approves Grants For Various Ministries
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...
Weekly Inflation Goes up By 2pc
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...
Rupee Drops 11 Paisa Against US Dollar in Interbank
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...
Govt Increases Petrol and Diesel Prices By Rs 30 Per Liter Once Again
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...
Moody’s Downgrades Pakistan Outlook To Negative
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...
Re-financing Of 2.3 Billion Dollars With Chinese Banks Agreed: Miftah
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...
Pakistan, Turkey Sign Various MoUs
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,...
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...
Dollar Continues To Shed Against PKR
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...
SSGC Announces Three-Day Gas Closure Across Sindh From Friday To Monday
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...
Political Stability, Continuity Of Policies Inevitable For Country’s Development: Ahsan
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...
OGRA Lowers LPG Prices
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...