Govt Keeps PoL Prices Unchanged
ISLAMABAD: The government of Pakistan on Thursday has decided to maintain the prices of petroleum products. According to the notification issued by the Ministry of...
PSX Gains 591 Points
KARACHI: The Pakistan Stock Exchange (PSX) bounced back on Thursday as the benchmark KSE-100 surged by nearly 600 points supported by late-session buying. Anticipation of...
US Dollar Reaches Record High Against PKR
KARACHI: There was no respite for the falling Pakistani currency as the rupee continued to decline against the US dollar, amid the ongoing political uncertainty...
SBP Sets This Ramzan Nisab For Zakat
Karachi: State Bank of Pakistan (SBP) has fixed (amount of Nisab) for Zakat. As per the SBP, for this year limit for zakat has been...
Gold Price Increases in Pakistan
KARACHI: Investors are eyeing gold keenly as a weaker rupee and political uncertainties buoy interest in precious metals, however, the appetite of local consumers is...
PKR Hits Record Low Against US Dollar
KARACHI: The Pakistani rupee continued to lose ground and fell to an all-time low of Rs182.64 against the US dollar in the inter-bank market on...
Gold Price Decrease By Rs900 Per Tola
KARACHI: In line with the global market, domestic gold prices fell by Rs900 per tola and Rs771 per 10 grams on Tuesday. Domestic gold prices...
US Dollar Continues To Appreciate Against PKR
KARACHI: Owing to the strengthening US dollar in global markets and uncertainty triggered by a no-confidence motion against Prime Minister Imran, the Pakistani rupee on...
Gold Price Decreases By Rs472 Per Tola
KARACHI: In line with the global market, domestic gold prices fell by Rs550 per tola and Rs472 per 10 grams on Monday. Domestic gold prices...
Posotive Trend Prevails at PSX
KARACHI: The bears and bulls locked horns at the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index traded on both sides of the...
Dollar Hits Historic High At Rs 182.42 In Interbank Market
Islamabad: Pakistani rupee value further declined on Monday against US dollar. The dollar reaches at historic high level after an increase of 62 paisas after...
Gold Prices Drop By Rs 50 Per Tola
KARACHI: Gold prices were little changed on Friday as it receded by Rs50 to settle at Rs131,450 per tola. The price of the precious commodity...
KSE-100 Ended With Gain Of 28.60 Points
The Pakistan Stock Exchange’s (PSX) witnessed a range-bound session, as the benchmark KSE-100 Index ended only marginally positive on Friday, while volume of shares traded...
Russia Will Only Accept Rubles For Gas Deliveries to Europe: Putin
MOSCOW: President Vladimir Putin said Wednesday Russia will only accept payments in rubles for gas deliveries to “unfriendly countries”, which include all EU members, after...
PSX Sheds 26 Points
KARACHI: The Pakistan Stock Exchange (PSX) experienced a tepid trading session on Tuesday and the benchmark KSE-100 index shed 26 points amid the absence of...
Gold Prices Increase in International, Domestic Markets
KARACHI: In line with the international market, the gold price in Pakistan extended gains on Tuesday amid depreciation in the Pakistani rupee and uncertainty in...
ADB Approves $300 Mln loan For Pakistan
ISLAMABAD: The Asian Development Bank (ADB) Tuesday approved a $300 million loan to further develop Pakistan’s capital markets, promote private investment in the country, and...
Global Oil Prices Jump Again
Global oil prices have jumped more than $3 a barrel, with Brent crude climbing above $111, as the European Union nations consider joining the United...
Bullish Trend Prevails At PSX
KARACHI: The Pakistan Stock Exchange (PSX) largely ignored political uncertainty on Monday, the first day of the rollover week, notching up modest gains as investors...
Gold Price Increases by Rs700 Per Tola
KARACHI: Gold price in the local market recorded an increase of Rs700 per tola on Monday as the local currency plunged to a record low...
There Is Noise Of Inflation In The Country: Shaukat Tarin
ISLAMABAD: Finance Minister Shaukat Tarin on Sunday said that country’s imports are decreasing while exports including services exports have increased manifold. Addressing media in Islamabad,...
ECC Approves Reduction of Rs5 in Electricity Prices
ISLAMABAD: In line with Prime Minister Imran Khan’s announcement regarding a Rs5 decline per unit in electricity prices, the Ministry of Energy sought an incentive...
Gold Price Increases By Rs 100 Per Tola
KARACHI: Gold prices recorded a meagre gain of Rs100 per tola in the local market on Friday amid constant depreciation in rupee against the US...
Rupee Fell All-time Low At Rs180.07
KARACHI: The rupee fell to a fresh all-time low at Rs180.07 against the US dollar on Thursday (today) in the inter-bank market. According to data...
Gold Price Decreases By Rs 300 Per Tola
KARACHI: The price of gold in the domestic market fell by Rs300 per tola and Rs257 per 10 grams on Wednesday in line with the...
Pakistani Rupee Reaches Life Time Low At 179.35
KARACHI: The Pakistani rupee on Wednesday sank to a lifetime low of 179.35 against the United States (US) dollar in the interbank market during early...
PSX Continues To Be Bullish On Consecutive Second Day As 255 Point Increased
Karachi: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 255.87 points, with a positive change of 0.59...
US Dollar Reaches All Time High Of Rs 180 In Open Market
KARACHI: The value of US dollar reached an all-time high against the Pakistani rupee again on Tuesday, soaring to Rs179.10 in the interbank market during...
Gold Price Decreases By Rs 1,350 Per Tola
KARACHI: Gold prices extended declines on Tuesday after a retreat in international oil prices and planned diplomatic talks between Russia and Ukraine boosted risk appetite....
PSX Turns Positive As It Gains 352 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday got some relief from yesterday’s fall recovered as a rebound in global equity markets The benchmark KSE-100...
Positive Trend Witnessed At PSX As 129 Points Increased
Karachi: Positive trend witnessed at Pakistan Stock Exchange at it start on second day of week. Pakitan Stock Exchange is being trade at 43, 496...
Rupee Reaches All Time Low Of 178. 98
KARACHI: The Pakistani currency hit an all-time low of Rs178.98 against the US dollar in the inter-bank market on Monday. The steep fall was attributed...
Gold Price Decreases By Rs 200 Per Tola
KARACHI: Gold price dropped by Rs200 per tola in Pakistan. According to All Sindh Sarafa Jewellers Association (ASSJA), gold prices in the local bullion market...
KSE-100 Index Closed On Negative Note On First Day Of Week
Karachi: The benchmark KSE-100 Index closed on a negative note, registering a drop of 0.66%. Volume and value of shares declined from the previous session....
IMF Objects PM’s Relief Package
ISLAMABAD: Pakistan and the IMF’s review talks have so far remained inconclusive after breaches committed by Islamabad on different fronts which the Fund staff termed...
SPI-Based Weekly Inflation Rises For 4th Consecutive WeeK
ISLAMABAD: The Sensitive Price Indicator (SPI) is continuing its increasing streak for the fourth consecutive week, as it stood at 16.49 with an increase of...
PSX Sheds 200 Points On Last Business Day
KARACHI: The Pakistan Stock Exchange (PSX) ended the week on a negative note with benchmark KSE-100 closing in the red due to the political unrest...
PKR Gains 12 Paisas Against US Dollar
KARACHI: The rupee recovered partially around 0.07% against the US dollar in the inter-bank market on Friday. According to the State Bank of Pakistan (SBP),...
Gold Prices Drcrease By Rs450 Per Tola
KARACHI: Gold edged lower on Friday as the rupee rebounded after four days of losses, with the yellow metal remaining under pressure from expectations that...
World Bank Approves $435 Million For Country
ISLAMABAD: The World Bank’s (WB) approved $435 million in financing for three projects in Pakistan which would expand access to housing finance, particularly for low-income...
Gold Prices Drop By Rs200 Per Tola
KARACHI: Gold lost its shine after four days of registering gains as the price of the yellow metal dropped by Rs200 per tola and Rs171...
PSX Gains 810 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 810.66 points, with a positive change of 1.88...
NEPRA Decides To Increase Power Tariff On Condition Of IMF
Islamabad: National Electric Power Regulatory Authority (NEPRA) on conditions of International Monetary Fund (IMF) decided to increase electricity tariff by 0.95 paisas. The NEPRA has...
Country’s Economy Growing At Rate Of 5%: Tarin
Islamabad: Finance Minister Shaukat Tarin has said the country’s economy is growing at a rate of five percent. Addressing a seminar in Islamabad, he said...
Gold Prices Up By Rs700 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs700 and was sold at Rs 131,400 on Wednesday against its sale...
PSX Witnesses Bullish Trend
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Wednesday and witnessed bearish trend, gaining 164.61 points, with a positive change...
US Dollar Increases Against Pakistani Rupee
KARACHI: The US dollar soared to an all-time high against the Pakistani rupee in the interbank market on Wednesday. According to forex dealers, the value...
Govt providing subsidy of Rs104b on petroleum products: Tarin
Islamabad: Finance Minister Shaukat Tarin has said the government is providing a subsidy of one hundred and four billion rupees on petroleum products in order...
Bearish Trend Prevails in PSX
KARACHI: The bears maintained their control over the Pakistan Stock Exchange (PSX) on Tuesday, in line with the preceding session, as the market reacted to...
Gold Prices Increase in International, Domestic Markets
KARACHI: In line with the international market, gold prices in Pakistan rose by Rs700 per tola on Tuesday to settle at Rs130,700. The price of...