PSX Sheds 68 Points
KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile trading session on Monday, with the indices swaying both ways in search of a clear direction...
ECC Meeting Called Tomorrow To Discuss 11 Point Agenda
Islamabad: The Economic Coordination Committee (ECC) has been called on tomorrow, February 8 to discuss a 11-point agenda . The meeting of the ECC is...
Details Of Shameful Agreement of Govt With IMF Is Worrisome: Sherry Rehman
Islamabad: Vice-President of Pakistan People’s Party (PPP) Sherry Rehman has said that the the shameful details of International Monetary Fund (IMF) agreement with the government...
Pakistan Receives $1Billion From IMF
ISLAMABAD: Pakistan has received $1.053 billion from the International Monetary Fund (IMF) after the successful completion of 6th review of Extended Fund Facility (EFF) programme...
Export Growth in FY22 To Be Higher Than Total Growth in Past Decade: Asad
ISLAMABAD: The country’s exports during the current fiscal year 2021-22 are estimated to grow by 8.5 billion as compared to the previous year which would...
PSX Ends Week On Positive Note With Minor Gains
KARACHI: The Pakistan Stock Exchange (PSX) on Friday had a topsy-turvy trading session but ended the week on a positive note with minor gains, a...
Pakistani Rupee Jumps 0.60 Percent Against US Dollar In Interbank Market
KARACHI: The Pakistani rupee jumped 0.60 per cent against the United States (US) dollar in the interbank market on Friday . The domestic currency today...
Gold Price Decreases Rs 640 Per Tola In Domestic Market
KARACHI: Gold price on Thursday registered a massive drop of Rs 640 per tola in the domestic market. After the decrease, the rate of per...
SBP Introduces Instant Payments Under Raast
KARACHI: State Bank of Pakistan has come up with a policy enabling Person-to-Person fund transfers in the country through Raast, Pakistan’s Instant Payment System developed...
Bearish Trend Witnessed At PSX Today
Karachi: Pakistan Stock Exchange on fourth day of this week on Thursday (today) was remained bearish. As per details, due to bearing trend 100-index crossed...
Ferrari Hints Higher Profits This Year After Record 2021 Shipments
MILAN: Sports car maker Ferrari said on Wednesday its core earnings would rise this year after posting strong financial results in 2021 with record shipments...
FBR Suspends New Property Evaluation Rules Till Feb 28
ISLAMABAD: The Federal Board of Revenue (FBR) has held in abeyance the recently notified valuation rules to allow registration of the in-process transactions till February...
Gold Price Increases in Pakistan
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 50 and was sold at Rs 125,000 on Wednesday against its...
KSE 100-Index Gains 444 Points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend for third consecutive day on Wednesday, gaining 444.65 points, a positive...
NEPRA Reduces Electricity Prices For Karachiites Rs 2.59 For December Last Year
Islamabad: National Electric Price Regulatory Authority (NEPRA) on Wednesday approved Rs 2. 59 paisas reduction under the fuel adjustment charges for the month of December...
Bullish Trend Continues at PSX
KARACHI: Bullish run at the Pakistan Stock Exchange (PSX) continued unabated on Thursday, as equities rallied all day long to help the index post significant...
PKR Continues To Recover Against US Dollar
KARACHI: The Pakistani rupee continued to recover against the United States (US) dollar in the interbank currency market on Monday. According to the data shared...
PM Rejects Increase in PoL Prices
ISLAMABAD: Prime Minister Imran Khan has rejected the summary of increasing prices of petroleum products in the public interest. Earlier, OGRA moved a summary to...
PSX Begins Week on Positive Note
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday, with the benchmark index gaining 296.77 points, a positive change of 0.66 points...
ECNEC Approves Much Awaited Greater Karachi Bulk Water Supply Scheme K-IV
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) here on Monday approved much awaited Greater Karachi Bulk Water Supply Scheme K-IV, 260 MGD...
Increase In Electricity Prices Likely To Go Up By Rs 3. 12
Islamabad: It is likely that electricity prices will go up by Rs 3. 12 as National Electric Power Regulatory Authority (NEPRA) will hear a request...
Rs 9.50 Hike In Petroleum Prices Likely From Today
ISLAMABAD: The price of petroleum products is expected to shoot up by Rs9.50 across the country from February 1. According to sources, the price of...
PoL Prices Likely To Go UP By Rs9 Per Litre
ISLAMABAD: Federal government is expected to increase the prices of petroleum products by up to Rs 9 across the country from February 1. According to...
Weekly Inflation Goes Up
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 27, for the combined consumption group, witnessed decrease of 0.11...
PSX Loses Five Points
KARACHI: Trading activity remained lacklustre at the Pakistan Stock Exchange (PSX) on Friday, where the index traded in a narrow band virtually closing flat as...
PSX Crosses 45,000 Points Mark
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 127.99 points, with positive change of 0.28 percent,...
Gold Price Decreases By Rs550 per Tola
KARACHI: The price of 24 karat per tola gold witnessed a decrease of Rs 550 and was sold at Rs 126,600 on Thursday against its...
Crude Oil Prices Rises To Seven-year High Owing To Russia, Ukraine Tensions
LONDON: Oil rose to a seven-year high close to $90 a barrel on Wednesday, supported by tight supply and geopolitical tensions in Europe and the...
Gold Price Increased by Rs500
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 500 and was sold at Rs 127,150 on Wednesday against its...
PSX Gains 67.28 Points To Close At 44,955.05 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Wednesday to witness bullish trend, gaining 67.28 points, with positive change of...
Action Continues Against Tax Evaders: Chairman FBR
Peshawar: Chairman, Federal Board of Revenue (FBR) Dr Ashfaq Ahmed on Wednesday said that an action has been started against the tax evaders as the...
Salaried, Urban Lower To Middle Classes Are Suffering Because of Inflation: Shaukat Tarin
Islamabad: Finance Minister Shaukat Tarin has said the government will frame programs in the next few days to improve income of different segments of the...
Gold Price Drops By Rs300
KARACHI: Gold prices saw a drop of Rs300 per tola on Tuesday. The price of 10 gram 24 karat gold also increased by Rs 257...
PSX Loses 36 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday, losing 36.14 points, with slight negative change of 0.08 percent,...
SBP Keeps Interest Rate Unchanged
KARACHI: The State Bank of Pakistan (SBP) announced its bi-monthly monetary policy on Monday and decided to maintain its policy rate at 9.75 percent. Addressing...
SBP To Announce Monetary Policy Today
KARACHI: The State Bank of Pakistan (SBP) is scheduled to meet today to decide on the monetary policy of Pakistan and determine the benchmark interest...
Power Tariff Likely To Go Up
KARACHI: The government is likely to increase electricity rates by up to 95 paisa per unit to meet commitments made with the International Monetary Fund...
EU Refuses To Lift Ban From PIA Flights
WEB DESK: The European Union Aviation Safety Agency (EASA) has retained ban on Pakistan International Airlines (PIA) flight to the union. The EASA, in its...
SBP Hosts Event on “Digital Banks – A New Era in Pakistan”
KARACHI: SBP issued “Licensing and Regulatory Framework for Digital Banks” on January 03, 2022. To create awareness of this important development in regulatory ambit, SBP...
Prices of 24 Edible Items Go Up
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 20, for the combined consumption group, witnessed decrease of 0.06...
Gold Price Down By Rs50 Per Tola
KARACHI: The price of gold in Pakistan decreased by Rs50 per tola on Friday to reach Rs125,850 per tola. The international gold price also witnessed...
Bearish Spell Ends With 192-Point Rise at PSX
KARACHI: The Pakistan Stock Exchange (PSX) on Friday witnessed a bullish trend with the benchmark KSE-100 index gaining 192 points to close up 0.43 per...
ECC Allows Removal of 45 Percent Regulatory Duty On Chilghoza Import
Islamabad: The Economic Coordination Committee of the Cabinet has approved export of selected commodities to Afghanistan against Pakistan currency, considering the food crisis and prevailing...
NEPRA Power Tariff By Rs0.99 Paisas Per Unit
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has notified reduction electricity prices in the country by Rs0.99 per unit. According to details, the approval for...
PSX Loses Seven Points
KARACHI: The 100-index of the Pakistan Stock Exchange (PSX) Thursday witnessed slight bearish trend, losing 7.46 points, a nominal negative change of 0.02 percent, closing...
Gold Prices Rise Rs 700 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 700 and was sold at Rs 125,900 on Thursday against its...
PSX Loses Over 600 Points
KARACHI: Pakistan Stock Exchange on Wednesday witnessed another lacklustre trading session as it lost the 45,000 points level and ended the day on a negative...
Bearish Trend In PSX As 100 Index Falls 104 Points
KARACHI: Bears maintained their control over the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 Index falling another 104 points as higher oil...
Gold Price Witnesses Minor Decrease
KARACHI: The price of 24 karat per tola gold witnessed decrease of Rs 200 and was sold at Rs 125,000 on Tuesday against its sale...
Sherry Rehman Expresses Concerns On Increasing Import Bill and Trade Deficit
Islamabad; Vice-President Pakistan People’s Party (PPP) Sherry Rehman has expressed concerns over ever increasing import bill and trade deficit. In her statement, Sherry Rehman said...