Weekly Inflation Crosses 20pc
KARACHI: Weekly inflation inched lower after two weeks as prices of fresh vegetables dropped down, but high electricity and gas prices continued to burden middle...
Year 2021 Remained Challenging For PSX
KARACHI: The Pakistan Stock Exchange (PSX) — a benchmark for market performance — proved to be a lost battleground in 2021. The benchmark index, which...
LPG Prices Down By Rs5.90 Per KG
ISLAMABAD: OGRA had reduced the price of LPG by Rs5.90 per kg for January. Earlier, the LPG price was reduced by Rs 14.13 on December...
Petrol Prices Jacked Up By Rs4 Per Litre
ISLAMABAD: The government dropped petrol bombs on the people with the arrival of the new year. The price of petrol and high speed diesel has...
IMF Demand 17pc GST: Chairman FBR
ISLAMABAD: Federal Bureau of Revenue (FBR) Chairman Dr Muhammad Ashfaq on Friday said the International Monetary Fund (IMF) always wanted to “eliminate the flaws” in...
PKR Continued to Slide Against US Dollar in 2021
KARACHI: Pakistani rupee strengthened and remained on average at Rs152 against the US dollar till April this year. Since April 2021, however, the currency witnessed...
PSX Closes on Positive Note
KARACHI: The final trading session of 2021 was marred by volatile activity as the benchmark KSE-100 index kept climbing and dipping throughout the day. However,...
NEPRA Decreases Electricity Price For Last Three Months Of 2021
Islamabad: National Electric Power Regulatory Authority (NEPRA) has decided to decrease electricity by 99 paisa per unit. The NEPRA has given approval for adjustment in...
Gold Prices Continue To Increase in Pakistan
KARACHI: The price of gold in Pakistan increased by Rs100 per tola to Rs126,100 on Thursday. In the international market, the price of the precious...
Finance Bill, 2021 Presented In NA Amid Ruckus From Opposition and Ruling Members
Islamabad: The Finance (Supplementary) Bill, 2021 and State Bank of Pakistan (Amendment) Bill 2021 were introduced in the House today [Thursday] while the bill suggested...
Federal Cabinet Approves “The Finance Supplementary Bill 2021”
Islamabad: The federal cabinet has approved “The Finance Supplementary Bill 2021”. In a tweet on Thursday, Minister for Information and Broadcasting Chaudhry Fawad Hussain said...
Positive Trend Witnessed At PSX Today
Karachi: Pakistan Stock Exchange (PSX) on Thursday remained positive on fourth day of business. The market reached at 44, 502 after increase of 242 points....
PM Imran Taking Steps For Development of Down Trodden Segments: Shaukat Tareen
Islamabad: Minister for Finance and Revenue Shaukat Tarin says the government is making all out efforts for the social and economic development of the down...
Shaukat Tarin Chairs Meeting of NPMC
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has directed the provincial authorities to take appropriate measures to control sugar price in the local...
KSE 100-Index Gains 216 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Wednesday, gaining 216.37 points, with a positive change of 0.49 percent,...
Increase In Electric Charges Likely As CPPA Request NEPRA To Raise Electricity Prices
Islamabad: It is likely that a big raise in the prices of electricity in the country as a request has been made to fix per...
Govt Decides To Reconvene Federal Cabinet Meeting To Discuss Mini Budget
ISLAMABAD: The government has decided to reconvene the federal cabinet meeting tomorrow on the issue of approval of the mini-budget. According to sources, the government...
Gold Prices Rise By Rs100
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 100 and was sold at Rs 126,200 in the local market...
SBP Decides To Keep Banks Open On Dec 30-31
KARACHI: The State Bank of Pakistan (SBP) decided on Tuesday (today) to keep the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches...
Positive Trend Witnessed At PSX On Second Day Of Week
Karachi: Positive trend witnessed at Pakistan Stock Exchange (PSX) on Second day of business week. The market is being traded at 43, 956 after increase...
Gold Prices Fell By Rs50 Per Tola
KARACHI: Gold per tola fell by Rs 50 to Rs 1,26,100. On the other hand, the price of 10 grams of gold fell by Rs...
PSX Benchmark 100-Index Sheds 204 Points
KARACHI: Stocks struggled to find a floor on the first day of the future rollover week on Monday due to weak cues coupled with internal...
New Refinery Policy Is Being Finalized: Hammad Azhar
ISLAMABAD: Minister for Energy Hammad Azhar on Sunday clarified some ‘misconceptions’ about the availability and consumption of furnace oil (FO), saying it was ‘well stocked’...
PPP Expresses Concerns Over Gas Shortage in Country
ISLAMABAD: PPP has expressed serious concerns over the gas crisis in the country and have demanded the resignation of Federal Minister Hamad Azhar. Addressing a...
KSE 100-Index Sheds 148 Points
KARACHI: The Pakistan Stock Exchange (PSX) closed the week on a negative note as the bears and bulls locked horns to take charge of the...
Countrywide Inflation Ratio Reaches 19.83pc
ISLAMABAD: TThe SPI for the current week ended on 23rd December 2021 recorded an increase of 0.40%. Increase in the prices of food items Tomatoes...
Gold Prices Increases By Rs 450 Per Tola
KARACHI: Gold price in Pakistan extends gains on Friday, as the precious commodity recorded an increase of Rs450 per tola and Rs386 per 10 grams....
Exports Increase by 29.53% In 5 Months
ISLAMABAD: The exports from the country in rupee term witnessed an increase of 29.53 per cent during the first five months of the current fiscal...
PSX Gains 91 Points
KARACHI: The Pakistan Stock Exchange (PSX) closed in the green after a volatile session on Thursday, with the benchmark KSE-100 index closing up 91 points....
WB To Give $195m For Electricity Supply And Distribution Improvement
Islamabad: The World Bank will provide a $195m loan to improve electricity supply and distribution for consumers in Pakistan. Federal Secretary for Economic Affairs Mian...
Ecnec Approves Lai Expressway, Ring Road and Other Projects
ISLAMABAD: Executive Committee of the National Economic Council has approved revised project for Construction of Hyderabad -Sukkur Motorway on Built Operate Transfer basis at a...
PSX Loses 2 Points To Close at 44,174
KARACHI: Volatility continued at the Pakistan Stock Exchange on Wednesday as the benchmark KSE-100 index closed slightly lower in a topsy-turvy session. Bulls competed with...
Gold Prices Fall in Pakistan
KARACHI: The country has seen a downward trend in gold prices. Gold became cheaper by Rs 150 per tola. According to the Jewellers Association, the...
Govt Extends Deadline to Encash Prize Bonds
KARACHI: The government has extended the deadline to encash Rs7,500, Rs15,000, Rs25,000, and Rs40,000 prize bonds, the State Bank of Pakistan has announced. You can...
PKR Holds Steady at 178.04 Against US Dollar
KARACHI: The rupee held steady against the dollar in the interbank market on Monday despite unmatched demand and supply of the US currency. According to...
Bull-Run Continues at PSX as KSE-100 Index Gains 439 Points
KARACHI: Bulls extended their control on the Pakistan Stock Exchange (PSX) on Monday, as positive triggers pushed the benchmark index up 1 percent, while volume...
Credit Disbursement To Agri Sector Witnessed Growth Of Rs100b Last FY: Raza Baqir
Multan: Governor State Bank of Pakistan (SBP) Raza Baqir says the credit disbursement to the agriculture sector has increased to Rs1.366 trillion in the current...
CPPA Requests NEPRA To Increase Power Tariff By Rs 4.33
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has received a request for the increase from Central Power Purchasing Agency (CPPA). The Central Power Purchasing...
PSX Gains 170 Points
KARACHI: The Pakistan Stock Exchange (PSX) ended the week on a positive note on Friday, with the benchmark KSE-100 index gaining nearly 170 points. The...
Gold Prices Increase by Rs750
ISLAMABAD: The price of 24 karat per tola gold witnessed an increase of Rs 750 and was sold at Rs 125,850 in the local market...
Gold Prices Decreases by Rs250 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed decrease of Rs 250 and was sold at Rs124,450 in the local market on Wednesday...
Govt Announces Decrease In Petroleum Products For Next 15 Days
ISLAMABAD: The federal government on Wednesday announced decrease in prices of the petroleum products for the second half of December, according to which the price...
PSX Witnessed Bullish Trend As Index Gains 1120 Points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 1120.15 points, with a positive change of 2.59...
Petroleum Prices Likely To Be Decreased For Next 15 Days
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has proposed a reduction up to Rs8 to 10 per litre in prices of petroleum products for...
Govt Announces SME Policy To strengthen Industrial, Manufacturing base
Islamabad: The government has approved a comprehensive Small and Medium Enterprises (SME) policy to strengthen the country’s industrial and manufacturing base. Flanked by Minister for...
Bulls Rule PSX on Second Day of Trading Week
KARACHI: The Pakistan Stock Exchange (PSX) closed a range-bound session on Tuesday with decent gains, as the indices swayed in both directions until finally settling...
SBP Issues Monetary Policy With Increasing Interests Rate
KARACHI: Pakistan’s central bank increased the benchmark interest rate by 100 basis points to 9.75% on Tuesday, to counter inflationary pressures, address the current account...
Monetary Policy Will Be Announced Today
KARACHI: Pakistan’s central bank is meeting today (Tuesday) to announce monetary policy for the next one month. It is strongly expected to increase the benchmark...
Gold Prices Rises To Rs124,500 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 50 and was sold at Rs 124,500 in the local market...
Gas Outages Irk People in Peshawar
PESHAWAR: The gas crisis continues in most districts of Khyber Pakhtunkhwa due to which the citizens are suffering severely. gas officials say steps are being...