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,...
PSX Sheds 257 Points
KARACHI: Bears dominated Pakistan Stock Exchange (PSX) on the last trading day of November, with the benchmark index shed over 350 points on the MSCI...
Dollar Sheds Against PKR
Karachi: The exchange rate of Pakistan rupee strengthened by 49 paisa against the US dollar in interbank trading on Tuesday and closed at Rs 175.71...
Bulls Rules PSX As 100-Index Gains Over 1200 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Monday, gaining 1215.89 points, with a positive change of 2.76...
Gold Prices Increases By Rs1000
KARACHI: The price of 24 karat per tola gold witnessed increase of Rs 1000 and was sold at Rs 123,800 in the local market on...
Saudi Arabia, Pakistan Sign Agreement For Depositing US$ 3 Billion
KARACHI: Brotherly country Saudi Arabia has signed an agreement with Pakistan for depositing US$3 billion in the State Bank of Pakistan (SBP) for helping country...
Rupee Decreases To New Historic Low Of 176.20
KARACHI: Pakistani rupee plunged to an all-time low of Rs176.22 against the US dollar in the inter-bank market on Monday. The dollar value increased amid...
CNG Stations To Be Closed In Sindh From Dec 1st To Feb 15
KARACHI: Compressed Natural Gas (CNG) and RLNG stations in whole of Sindh will remain close for two-and-half months from December 1st, a spokesperson of the...
Gold Prices Continue To Decrease in Pakistan
KARACHI: The price of 24 karat per tola gold witnessed decrease of Rs 2400 and was sold at Rs 122,800 in the local market on...
Federal Cabinet Approves $3bn Loan From Saudi Arabia
ISLAMABAD: Federal Cabinet on Saturday has approved the $3 billion loan from Saudi Arabia. Sources told that the money expected to arrive in the country...
Abad Stops Work On All On-going Projects In Karachi
KARACHI:The Association of Builders and Developers (Abad) stopped work on all on-going projects in Karachi in protest against uncertainty over the future of the housing...
Positive Trend Is Prevailing In PSX
Karachi: Positive trend is prevailing in Pakistan Stock Exchange (PSX) on the last day of week today (Friday). Owing to bullish trend the PSX 100...
Tarin Urges People Not To Pay Attention To Rumours Regarding Dollar
KARACHI: Advisor to the Prime Minister on Finance Shaukat Tarin has said that all taxes on petrol have been abolished and that all benefits from...
Most of Fuel Pumps Closed in Karachi
KARACHI: Most of the petrol pumps in the city are closed due to strike. However, some petrol pumps have run out of petrol and diesel...
Petrol Pumps of PSO To Remain Open Today: Ministry
ISLAMABAD: All petrol pumps of Pakistan State Oil (PSO) and other companies across the country will remain open today (Thursday), spokesperson for the Ministry of...
OGRA Warns of Action Over Disrupting Fuel Supply
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Wednesday took a serious notice of the ‘people/entities’ who were making attempts to disrupt the fuel supply...
PSX Sheds 584 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday remained in free fall for the third straight day as the rout triggered by a higher-than-expected monetary...
Tarin For Appropriate Measures to Create Reserves of Sugar
ISLAMABAD: Adviser to the Prime Minister on Finance Shaukat Tarin expressed satisfaction over the stability in sugar prices and stressed for appropriate measures to create...
Petrol Pumps Strike Announced On November 25
Karachi: Petroleum Dealers Association (PDA) has announced a country-wide strike on November 25 Thursday (tomorrow). Chairman PDA Abdul Sami Khan talking about the strike said...
Gold Prices Decrease in Pakistan
Gold rate in Pakistan is 102,300 per 10 grams, and the rate of Gold is 119,300 per tola. Gold Rate in Pakistan today on 23rd...
Gold Prices Decrease in Pakistan
KARACHI: The price of gold in Pakistan extended losses on Monday as the rupee strengthened against the US dollar on the back of the International...
Bearish Trend At PSX
KARACHI: The bearish trend on Monday, the first trading day since the policy rate announcement on Friday. The State Bank of Pakistan (SBP) increased the...
Pakistani Rupee Strengthen Against Dollar
KARACHI: The Pakistani currency broke a two-day losing streak on Monday, gaining 0.27% against the US dollar in the inter-bank market, an increase that comes...
Gas Shortage Turn Into Gas Crisis Across The Country
Islamabad: Gas crisis owing to shortage of gas has intensified from Karachi to Khyber. Citizens are badly effected by the crisis as some are compelled...
Increase Of Rs 4.75 Per Unit In Electric Tariff Sought From NEPRA
ISLAMABAD: The Central Power Purchasing Agency (CPPA) has sought Rs4.75 per unit hike in the power tariff in an application to the National Electric Power...
Pakistan, IMF Reach Staff-level Agreement
Islamabad: Pakistan and the International Monetary Fund have reached a staff level agreement on policies and reforms to complete the sixth review under six billion...