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...
Petrol Pump Association Announces Countrywide Strike On Nov 25
Islamabad: All Pakistan Petrol Pumps Dealers Association (APPPDA) has announced country-wide strike on November 25. Secretary Information of APPPDA Noman Ali Butt has apprised that...
Inflation in Pakistan Crosses 18pc
ISLAMABAD: The prices of various food items went down during the week ending on November 18 as compared to the previous week, according to the...
Gold Price Rise Rs 600 to Rs 124,600 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 600 and was sold at Rs 124,600 in the local market...
SBP Hikes Interest Rate By 150bps to 8.75pc
KARACHI: The State Bank of Pakistan (SBP) on Friday announced an increase of 150 basis points to 8.75 percent in its benchmark policy rate in...
Unannounced Gas Load Shedding Reported in Karachi
KARACHI: The Sui Southern Gas Company (SSGC) on Friday announced there shall be no gas supply to the compressed natural gas (CNG) stations every Sunday...
Govt Incentivizing Construction Industry: PM
Islamabad: Prime Minister Imran Khan says the government is providing subsidy and incentivizing construction industry to help low income people to have their own houses....
Positive Trend Witnessed At PSX
Karachi: A positive trend is being witnessed at Pakistan Stock Exchange( PSX) on the last day of the week. The 100-index is trading at 46,...
Dollar Reaches To Rs176 In Open Market
KARACHI: The exchange rate of US Dollar strengthened by 91 in the interbank on Thursday against Pakistani rupee.The greenback closed at Rs174.67 on fourth business...
No Gas For CNG Sector in Winter
ISLAMABAD: The Cabinet Committee on Energy (CCoE) on Thursday decided that gas supply to the CNG sector will be curtailed during the winter months. During...
PSX Loses 83 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed a slight bearish trend on Thursday, losing 83.92 points, with a negative change of...
Positive Trend Prevailing In PSX After Start Of Session
Karachi: Positive trend is being witnessed on the fourth day of business week as trading start at Pakistan Stock Exchange on Thursday. The Market is...
Gold Prices Record Massive Decrease
KARACHI: The price of 24 karat per tola gold witnessed decrease of Rs 2850 and was sold at Rs 122,000 in the local market on...
PSX Sheds 348 Points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 348.49 points, with a negative change of 0.75 per...
Dollar Weakens Against PKR
KARACHI: The exchange rate of US Dollar weakened by Rs1.13 in the interbank on Wednesday against Pakistani rupee.The greenback closed at Rs173.76 on third business...
Governor Inaugurates 17th International Trade and Industrial Fair
KARACHI: Governor Sindh Imran Ismail has appreciated the measures taken by the government to control Covid-19 pandemic, which is evident from the participation of foreign...
Pakistan Implemented All Conditions of IMF Including Power Hike: Tarin
ISLAMABAD: Finance adviser Shaukat Tareen said he was optimistic about a deal with the IMF as Pakistan has implemented all the conditions of the fund...
Prices of Rice Increase by Upto Rs50 Per Kg
HYDERABAD: After ghee, sugar and flour, the prices of rice have gone up. The prices of rice have gone up by Rs. 10 to 50...
KSE-100 Index Gains 806 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Tuesday and witnessed bullish trend, gaining 806.65 points, with a positive change...
Bullish Trend Witnessed At PSX As 100 Index crossed 46,000 Mark
Karachi: Bullish trend witnessed in Pakistan Stock Market on second day of the week. Owing to bullish trend PSX- 100 Index crossed 46,000 mark while...
Govt Decides Not To Increase Fuel Prices
ISLAMABAD: Government has decided to not hike price of petroleum products in the country. As per sources, the prices of petroleum products will remain unchanged....
Dollar Depreciates Against PKR
KARACHI; The rupee snapped losing streak against the dollar on Monday, gaining over Re1 in the intraday trade. The local currency has so far appreciated...
‘No Decision Taken to Provide Gas to Domestic Consumers Thrice a Day’
ISLAMABAD: While explaining about the supply of gas to domestic consumers, the petroleum division said that no decision has been taken to provide gas to...
Shaukat Hints Increase In Prices Of Petroleum Products In Coming Days
ISLAMABAD: Petrol will become more expensive as the Pakistani rupee continues to depreciate against the US dollar, Finance adviser Shaukat Tareen hinted on Sunday today....
Country’s Inflation Rate Reaches 17.37pc
ISLAMABAD: Pakistan’s inflation rate culminated to 17.37 per cent (pc) on Friday. According to details, Pakistan Bureau of Statistics (PBS) has reported that the inflation...
CAA’s Negligence Results In Closure of Another Flying School
RAWALPINDI: Another flying school in Pakistan has been closed due to alleged negligence of the CAA officials. Flying School Skywings Aviation Company license could not...