SBP Retains Policy Rates As It Issues Monetary Policy For Next Six Weeks
KARACHI: The State Bank of Pakistan (SBP) on Tuesday left the benchmark interest rate unchanged at 9.75% for the next six weeks as the outlook...
Dollar Price Increases By 52 Paisas In Inter bank Market
Karachi: The US dollar increase by 52 paisas against the Pakistani rupees on Tuesday in the interbank market. After the hike the dollar reached 178....
ECC approves Ramazan Relief package worth Rs8.28b
Islamabad: The Economic Coordination Committee of the Cabinet has approved Ramazan Relief Package worth 8,280 million rupees to facilitate the masses during the holy month....
ECC Approves Ramzan Relief Pacakge
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here on Monday approved Ramazan Relief Package 2022 worth Rs 8,280 million in order to provide...
Dollar Continues To Rise Against PKR
KARACHI: Rally in oil prices worsened the position of Pakistan’s currency as the rupee dropped below 178 against the US dollar, depreciating 0.35% in the...
PSX Loses Over 1400 Points
KARACHI: In line with other Asian markets, the benchmark KSE-100 index has also plunged on the rising fear among investors over the deteriorating situation between...
China Allows PIA To Run Flights To Its Two More Cities
Islamabad: China has allowed the national carrier Pakistan International Airline (PIA) to run flights in two more cities of China. According to spokesman of PIA,...
Weekly Inflation Surges 0.04 per cent
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation witnessed an increase of 0.04 percent as compared to the previous week, Pakistan Bureau of Statistics...
CAA Issues RPT License To Q Airways
KARACHI: Following the approval of the federal cabinet, the CAA has issued Regular Public Transport (RPT) license to Q Airways for the period of two...
PSX Gains 25 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Friday, gaining 25.63 points, with positive change of 0.06 percent, closing...
Gold Prices Decrease in Domestic Market
KARACHI: The price of gold in Pakistan receded on Friday as investors sought cover from geopolitical uncertainty, inflation, and its impact. The precious commodity fell...
Rupee Gains Against US Dollar
KARACHI: The Pakistani rupee that has been under pressure for the past three days on account of rising demand for the United Stats (US) dollar...
Talks Between Pakistan And IMF To Be Held In March For One Billion Dollar Tranche
Islamabad: The virtual negotiations between Pakistan and International Monetary Fund (IMF) will start in March this year for a tranche of one billion dollar and...
KSE 100-Index Gains 11 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Thursday, gaining 11.60 points, with positive change of 0.03 percent, closing...
Pakistani Rupee Continues To Slide Against US Dollar
KARACHI: The Pakistani rupee’s slide against the United States (US) dollar continued in the interbank currency market on Thursday. According to forex dealers, the domestic...
Gold Prices Increase By Rs 50 Per Tola Today
KARACHI: Gold rose on Thursday in the local bullion market recorded an increase of Rs50 per tola and Rs43 per 10 grams to settle at...
Oil Prices Extended To Above 116 Dollar Per Barrel
SINGAPORE: Oil prices extended their rally on Thursday, with Brent rising above $116 a barrel, as trade disruption and shipping issues from Russian sanctions over...
PSX Sheds 289 Points
ISLAMABAD: The KSE 100-index of the pakistan stock exchange (psx) witnessed bearish trend on Wednesday, losing 289.46 points, with negative change of 0.65 percent, closing...
Gold Price Increases By Rs50 Per Tola
ISLAMABAD: The price of 24 karat per tola gold witnessed an increase of Rs50 and was sold at Rs 128,800 on Wednesday against its sale...
Promotion Of Industries Is Must For Economic Progress: Khusro Bakhtiar
Islamabad: Minister for Industries and Production, Makhdoom Khusro Bakhtiar says economic growth is on positive trajectory due to prudent policies of the government. Talking to...
OGRA Calls Meeting To Discuss Oil Companies, Refineries Concerns On Petroleum Prices Decrease
Islamabad: The Oil and Gas Regulatory Authority (OGRA) has hurriedly called meeting on Wednesday (today) as oil companies and refineries have expressed their reservations over...
Oil Prices Surged Over 7% To Their Highest Since 2014
NEW YORK: Oil prices surged over 7% to their highest since 2014, as a global agreement to release crude reserves failed to calm fears about...
OGRA Approves Increase In Gas Prices
Islamabad: Oil and Gas Regulatory Authority (OGRA) on Wednesday approved an increase in prices of gas up to 16. 37 percent. The OGRA has approved...
Gold Price Increases by Rs150 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs150 and was sold at Rs 128,750 on Tuesday against its sale...
PSX gains 342 Points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 342.57 points, with a positive change of 0.77...
Stubbornness Of Milk Sellers Continues As Rs 10 Per Liter Increase Announced
Karachi: The dairy mafia in Karachi has become uncontrolable as they tried to impose increase in prices of milk by Rs 10 while Commissioner Karachi...
OGRA Jacks Up LPG Prices
ISLAMABAD: The federal government on Monday announced to hike the price of LPG by Rs 27 per kg. OGRA has issued notification of new price...
PSX Gains 467 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 476.77 points, with a positive change of 1.08 percent,...
Pakistan Rupee Continues To Plunge Against US Dollar
KARACHI: The Pakistani rupee continued to lose ground against the United States (US) dollar in the interbank currency market on Monday. According to the data...
NEPRA Approves Rs 6 Increase In Electricity Prices Under Fuel Adjustment Charges For January
Islamabad: National Electric Power Regulatory Authority (NEPRA) on Monday approved a raise of Rs 5.94 per unit in electric prices under the fuel adjustment charges...
Govt Approves Strategic Trade Policy: Razak
ISLAMABAD: Advisor to Prime Minister on Commerce and Investment Abdul Razak Dawood says the government has approved the “strategic trade policy framework” to diversify the...
ECC Allows Regulatory Cover to Barter Trade with Afghanistan, Iran
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has allowed regulatory cover to barter trade arrangements with Afghanistan and Iran by amending relevant provisions...
KSE-100 Index Plunges Over 1,300 Points Owing To Ukraine Crisis
KARACHI: The KSE-100 index plunged over 1,300 points or 2.89%, falling below the 44,000 level with political uncertainty and the Ukraine crisis doing enough to...
Rupee Depreciates Against US Dollar To Reach 176. 39
KARACHI: The rupee on Thursday resumed its slide against the US dollar to reach Rs176.39 in the inter-bank market due to the “geopolitical situation” in...
Gold Prices Increase By Rs 3,400 Per Tola Owing To Ukraine Conflict
KARACHI: Gold prices in Pakistan Thursday surged over 2.67% to Rs130,300 per tola The raise in Gold prices reflect Russia’s invasion of Ukraine ratcheted up...
PM Imran And Russian President Discuss All Aspects Of Bilateral Relations
Moscow: A meeting between Prime Minister Imran Khan and Russian President Vladimir Putin is in progress at Kremlin, Moscow. The two leaders are discussing all...
Govt’s Endeavors Set To Turnaround Pakistan’s Economy: Tarin
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin on Thursday said that the government’s endeavors in rectifying the past government’s wrong economic policies, which put...
Oil Breaches 100 Dollar Per Barrel Owing To Russia’s Attack On Ukraine
BEIJING: Oil breached $100 a barrel for the first time since 2014 on Thursday as Russia attacked Ukraine, sparking concerns that a war in Europe...
Oil nears $100 as West Prepares Russian Sanctions
LONDON: Oil prices surged close to $100 per barrel Tuesday as major crude producer Russia prepared to send troops into two breakaway regions of Ukraine,...
PM Summons Key Meeting To Discuss Situation
ISLAMABAD: Prime Minister (PM) Imran Khan on Tuesday has summoned a key meeting to discuss ongoing economic situation in the country. Sources told that the...
PSX Sheds 338 Points
KARACHI: Pakistan Stock Exchange starts second day of business week at bearish trend. Market lost 338 points on the initial trading and being traded at...
Gold Price Decreases In Pakistan
KARACHI: The price of 24 karat per tola gold witnessed a decrease of Rs 100 and was sold at Rs 127,000 on Monday against its...
Sindh Cabinet Approves Formation of Provincial Finance Commission
KARACHI: The Sindh cabinet on Monday approved the formation of the Provincial Finance Commission (PFC) — which it had agreed to do in separate deals...
Asian Markets Pare Losses, Oil Drops on Biden-Putin hope
HONG KONG: Equities pared losses and oil prices sank Monday after presidents Joe Biden and Vladimir Putin agreed in principle to hold a summit to...
Measures Being Taken To Promote SME Sector: Tarin
ISLAMABAD: Federal Minister on Finance and Revenue, Shaukat Tarin said Friday that government was actively carrying out all measures that could boost the SME sector...
Electricity Prices Likely To Go Up By Rs6.10 Per Unit
ISLAMABAD: Central Power Purchasing Agency (CPPA) on Saturday recommended increasing power tariff by Rs6.10 per unit. According to details, in a request submitted to the...
Steps Being Taken For Development of Industrial Growth: PM Khan
ISLAMABAD; Prime Minister Imran Khan says government is taking steps on priority basis for industrial development. Chairing a high level meeting in Islamabad, he said...
Food Exports ulaup By 20.87pc in 7 Months
ISLAMABAD; Food group exports from the country during 07 months of current financial year increased by 20.87% as compared to the exports of the corresponding...
Prices of 28 Items Go Up In Pakistan
ISLAMABAD: The Sensitive price Indicator (SPI) based weekly inflation for the week ended on February 17, for the combined consumption group, witnessed a slight increase...
Gold Prices Increase By Rs 100 Per Tola
KARACHI: Gold rose on Friday as it prices in the local bullion market recorded an increase of Rs100 per tola and Rs85 per 10 grams...