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...
KSE-100 Index Loses 151 Points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish session on Monday, with the benchmark KSE-100 Index shedding 151.25 points (-0.33 percent) to close at...
Oil Extends Rally On Supply Tightness
WEB DESK: Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain...
Govt Releases Two Years Performance Report of KJP
ISLAMABAD: Government has set the target of disbursing loans worth fifty billion rupees under Kamyab Jawan Program this year to promote entrepreneurship amongst youth and...
Weekly Inflation Continues to Rise
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 13, for the combined consumption group, witnessed decrease of 0.43...
Lacklustre Activity Forces PSX to Close Flat
KARACHI: Trading activity remained lacklustre at the Pakistan Stock Exchange (PSX) on Friday, where the index traded in a narrow band closing flat ahead of...
Shaukat Tarin Defends Mini-Budget
ISLAMABAD: Responding to points raised by the Opposition regarding the Finance (Supplementary) Bill 2021, Finance Minister Shaukat Tarin said the government is trying to correct...
Govt To Be Responsible If Petrol Crisis Emerges: Shahbaz Sharif
Islamabad: Pakistan Muslim League-Nawaz (PML-N) president Shahbaz Sharif has said that if petrol crisis emerge than the government will be responsible for it. Expressing his...
Gold Prices Decrease Rs 300
Karachi: The price of 24 karat per tola gold decreased by Rs 300 and was sold at Rs 125,700 in the local market on Wednesday...
PSX Gains 35 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday crossed the 46,000 points level before declining in later trading sessions and ended the day with minor...
Basic Economic Indicators Kept Under Control Even In Times Of Pandemic: Reza Baqir
Karachi: Governor State Bank Reza Baqir has said that basic economic indicators of the country were kept under control even in the times of pandemic....
Govt Fully Cognizant Of Problem Being Faced By Masses Due To Inflation: Hammad
Islamabad: Minister for Energy Hammad Azhar has said that out of three hundred billion rupees taxes proposed in the Finance Supplementary Bill 2021, two hundred...
PSX Sheds Six Points To Close at 45,881
KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on Tuesday, with the indices moving both ways in search of clear direction...
Gold Price Falls by Rs200 Per Tola
KARACHI: The price of gold per tola in the country has seen a slight decrease of Rs. 200 while gold has become more expensive in...
PSX Gains 541 Points
KARACHI: Pakistan stocks opened the week on a positive note, with the benchmark KSE-100 Index gaining 1.2%, and volumes improving substantially from Friday’s session. At...
People in Karachi Face Gas Shortage
Karachi: Due to the shortage of gas in the system of Sui Southern Gas Company, low pressure in most parts of the city has disturbed...
Country’s Economy Witnessing Strong Growth: PM
Islamabad: Prime Minister Imran Khan has said the country’s economy is witnessing strong growth and creating jobs. Profits of listed businesses grew 59% year on...
PKR Recoups Against US Dollar
KARACHI: The Pakistani rupee recouped some losses against the United States (US) dollar in the interbank currency market on Friday. According to the State Bank...
PSX Sheds 325 Points
KARACHI: Pakistan stocks came under pressure on Thursday as the benchmark KSE-100 Index closed in the red, losing 0.72% to end near the 45,000-point level....
Gold Prices Continue To Soar In Pakistan
KARACHI: Gold prices continued their upward trend in the domestic market as per tola rate of the precious metal witnessed an increase of Rs100 in...
PSX Gains 17 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday had a topsy-turvy trading session but end the end on a positive note with minor gains, a...
ECC Approves Import Of 50,000 metric tons of Urea
Islamabad: Economic Coordination Committee (ECC) of the Cabinet has approved import of 50,000 metric tons of Urea to fulfill needs of agriculture sector of the...
KSE-100 Index Crosses 45,000
KARACHI: The Pakistan Stock Exchange (PSX) extended its bull-run on Tuesday and jumped over 300 points as the market participants cherry-picked stocks, which had dropped...
NEPRA Okay’s Hike In Electricity Tariff For Karachi
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase in electricity tariff for Karachi in terms of fuel adjustment charges. According to...
Sindh Considering Restrictions On Business, Owing To Increase In Omicron Variant
KARACHI: Amid rising cases of Omicron variant of COVID-19 in Karachi, the Sindh health department has mulled over restricting business hours and closing down schools...
NEPRA Likely To Increase Power Tariff For KE Consumers by Rs5.50/unit
ISLAMABAD: The electricity rates for KE consumers are expected to go by Rs5.50 per unit under fuel cost adjustments for three months. The hearing on...