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...
Tarin Lauds Contribution of Retailers For Betterment of Economy
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin held a meeting with delegation of Pakistan Retail Business Council (PRBC), headed by...
Weekly Inflation Reaches 18.58 Percent
Islamabad: The inflation in the country has increased 18.58% in the first week of the current month (December 3 to December 9) compared to the...
NEPRA Jacks Up Electricity Prices by Rs4.75/Unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday increased the power tariff by Rs4.74 per unit on account of fuel charges adjustment (FCA)...
Dollar Appreciates By 46 Paisas In Inter Bank Market
Karachi: Just after outset of business at Inter-bank market an increase in dollar prices witnessed. An addition of 46 paisas added in Dollar prices after...
Gold Prices Increase by Rs300 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed increase of Rs300 and was sold at Rs124,300 in the local market on Wednesday against...
Bearish Trend at PSX
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) went down slightly by 6.62 points, a negative change of 0.02 percent, closing at 43,846.87...
PKR Hits All-Time Low Against Dollar in Interbank
KARACHI: The Pakistani Rupee (PKR) continued to remain under severe pressure as the currency hit a new all-time low during intraday trade. The local currency...
Govt Taking All Measures To Ensure Smooth Supply Of Essential Commodities: Tareen
Islamabad: Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin said Wednesday that the government was taking all possible measures to ensure smooth...
PSX Gains 573 Points
KARACHI: Bulls maintained their grip on the Pakistan Stock Exchange (PSX) on Tuesday as the benchmark KSE-100 index extended the rally with a 573-point surge....
Federal Govt Extends Tenure of SECP Chairman
ISLAMABAD: The Federal government has extended the tenure of Chairman Securities and Exchange Commission of Pakistan (SECP) Amir Khan. The government has appointed Amir Khan...
NEPRA Increases Electricity By Rs 3.75 For Karachiites
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has increased electricity prices for Karachiites for the month of September in the fuel adjustment charges. Karachiites will...
Positive Trend at PSX
KARACHI: Starting trading on the Pakistan Stock Exchange, the index is showing a positive trend on the first day of the business week. The market...
Football Exports Witness 17.22% Increase
ISLAMABAD: Football exports during the first four months of fiscal year of 2021-22 grew up by 17.22 per cent as compared to the exports of...
US Dollar Touches High Against PKR
KARACHI: US Dollar has touched the highest level in history against Pakistani rupee after gaining 48 paisa to trade at Rs176.90. According to details, the...
Gold Prices Increase by Rs350 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed increase of Rs 350 and was sold at Rs124,000 in the local market on Friday...
Trade Deficit Crosses Over $20 Billion
ISLAMABAD: Pakistan’s trade deficit has reached a whopping $20.59 billion in the first five months of the current fiscal year, data released by the Pakistan...
Mixed Trend Witnessed At PSX
Karachi: The Pakistan Stock Exchange witnessed mixed trend Friday after it lost 197 points in the KSE-100 index. The market, in the first half of...
Rupee Loses Nearly Re1 Against US Dollar
KARACHI: The Pakistani currency plunged to an all-time low of Rs176.42 against the US dollar in the inter-bank market on Thursday. This owing to a...
FBR Jacks-up Property Valuation Rates
ISLAMABAD: The Federal Board of Revenue (FBR) has jacked-up the valuation rates of FBR-notified rates of immovable property, including commercial, residential, apartments, flats and other...
Bearish Trend Witnessed At PSX As Market Loses 2000 Points
Karachi: Severe pressure witnessed today in the selling of shares at the Pakistan Stock Exchange while KSE 100-Index lost more than 2000 points. Owing to...
PIA’s Saudi Operation Restored
ISLAMABAD: After the easing of travel restrictions by Saudi Arabia, Pakistan International Airlines’s (PIA) Saudi Arabia operation has become fully operational and the first flight...
Dollar Weakens Against Rupee
KARACHI: The exchange rate of US Dollar weakened by 24 paisa in the interbank on Wednesday against Pakistani rupee.The greenback closed at Rs175.48 on third...
Bullish Trend Prevails At PSX
KARACHI: Pakistan Stock Exchange (PSX) had a topsy turvy day on Wednesday amid economic challenges and the uncertainty posed by the new Omicron coronavirus variant....
CNG Stations Closed In Sindh and Balochistan For Two And Half Months From Today
KARACHI: Compressed Natural Gas (CNG) and RLNG stations in whole of Sindh and Balochistan closed for two-and-half months from today to February 15. A decision...
PoL Prices To Remain Unchanged For Next 15 Days
ISLAMABAD: Government of Pakistan (GOP) announced to keep the process of petrol and petroleum product same. According to the details shared in an issued notification,...