Saudi Envoy Says $3b Saudi Cash To Be Deposited In Pakistan Soon
ISLAMABAD: Saudi Ambassador Nawaf Bin Said Al-Malki said on Thursday said that his country will soon disburse cash deposits to Pakistan. “This will be soon...
Internal Debt Of Pakistan Increased By Rs 10,000 Billion
ISLAMABAD: The internal debt of Pakistan has been increased by Rs 10,000 billion in a time span of three years. Finance ministry has submitted a...
Gold Price Sharply Increases in Pakistan
KARACHI: The price of gold in Pakistan Thursday, Nov 11, recorded a sharp increase of Rs3,300 per tola, pushing it to the new high of...
Rupee Continues To Fall As Dollar Crosses Rs 174 In Inter-Bank Market
KARACHI: The dollar crosses the 174 level to hover at 174.10 against the rupee in the mid-session trading at the inter-bank foreign exchange market on...
Gold Prices Witness Increase
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs1000 and was sold at Rs125,800 in the local market on Wednesday...
PSX Gains 229 Points
KARACHI: The Pakistan Stock Exchange (PSX) reversed the downtrend, however, uncertainty regarding the International Monetary Fund (IMF) programme made some investors reassess how the economy...
Value Of Rupee Continues To Decline
KARACHI: The United States (US) dollar continued its climb against the Pakistani rupee in the interbank currency market on Wednesday. According to foreign currency dealers,...
Dollar Rises To Rs 174. 5 In Open Currency Market
Karachi: The value of the US Dollar has, once again, risen as on Tuesday, the value of US dollar against Pakistan’s rupee rose to Rs174.5...
SBP Denies Reports Of New Designs For Currency Notes
Karachi: The State Bank of Pakistan (SBP) rejected reports circulating on social media that currency notes were being redesigned, saying no such proposal was under...
Hike In Power Tariff By Rs 2.52 Per Unit Approved
Islamabad: The National Electric Power Regulatory Authority (NEPRA) on Tuesday allowed power distribution companies to ramp up the electricity tariff by Rs 2.52 per unit...
PKR Depreciates Against US Dollar
The Pakistani rupee (PKR) extended losses against the United States (US) dollar in the interbank on the first trading day of the week. The greenback...
Everyone Should Pay Tax For Country’s Progress: Tarin
ISLAMABAD: Advisor on Finance Shaukat Tarin has assured to fully support the agriculture, Small and Medium Enterprises and the IT sectors in order to take...
Bearish Trend at PSX
KARACHI: Bearish trend is being witnessed at the start of first trading daybof the week at the Pakistan Stock Exchange. The index is showing a...
Pakistan Decides To Buy LNG Cargo At Highest Ever Rate
ISLAMABAD: In a bid to avert the looming gas crisis in the country, the Pakistan LNG Limited (PLL) has decided to procure an LNG cargo...
Sindh Can Ask Sugar From Federal Govt If Want: Finance Ministry
KARACHI: Spokesperson of Finance Ministry Muzzammil Aslam on Saturday said that increase in demand of sugar and delay in crushing of sugarcane caused hike in...
Karachi Dairy Farmers Likely To Increase Price of Milk
KARACHI: Dairy farmers of the port city llikely to increase the price of milk by Rs10 per litre. As per details, the Cattle and Dairy...
Punjab CM Summons Important Meeting To Discuss Sugar Prices
LAHORE: Punjab Chief Minister Usman Buzdar on Saturday has summoned an important session on increasing prices of sugar across the province.According to sources, a discussion...
Petrol Price Is Still Low: Finance Ministry
ISLAMABAD: The spokesperson to the Finance Ministry, Muzzammil Aslam on Friday has said that the federal government is charging 1.43 sales tax on petrol products....
Sindh Govt Is Responsible For Increase In Flour And Sugar prices: Fawad
Minister for Information and Broadcasting Chaudhary Fawad Hussain said Sindh government is responsible for increase in flour and Sugar prices. Addressing the media along with...
Govt Notifies Massive Raise in PoL Prices
ISLAMABAD: The federal government has jacked up prices of Petroleum products. According to the notification, he price of petrol by Rs8.3 per litre and that...
ECC Approves $190 mn to NDMA For Procurement of Covid Vaccine
ISLAMABAD: The Economic Coordination Committee has approved a technical supplementary grant worth 190 million dollars to National Disaster Management Authority for the procurement of Covid...
US Dollar Reaches To Rs.171.50 in Open Market
KARACHI: The upsurge of the rupee against the US dollar ended as the local currency depreciated by 30 paisas against the dollar in the inter-bank...
Gold Price Goes Up in Local Market
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 2800 and was sold at Rs 120,200 in the local market...
Bearish Trend At PSX
KARACHI: Profit-booking marred trading at the Pakistan Stock Exchange (PSX) on Wednesday and erased 80 points from the benchmark KSE-100 index in a range-bound session....
Dollar Falls Below Rs 170 Against Rupee In Intra-day trading
KARACHI: The ongoing wave of rupee appreciation continued on Wednesday and the US dollar declined by a fresh Rs 0.74 to Rs 169.8 in the...
PKR Continues to Gain Ground Against USD
KARACHI: The Pakistani Rupee (PKR) has continued to gain ground as it has advanced by about Re1 against US Dollar in an intraday trade at...
Bullish Trend at PSX, 100-Index Gains 138 Points
KARACHI: The Pakistan Stock Exchange (PSX) maintained its bullish run on account of positive market developments on local and international fronts, as the benchmark KSE-100...
Pakistan Petroleum Dealers Association Agrees To Talk With Govt
Islamabad: The Pakistan Petroleum Dealers Association and the government will meet on 3 November at the Petroleum Division to discuss an increase in the profit...
Downward Trend In Gold Prices Continues
KARACHI: Gold prices extended a downward trend in the domestic market as the price of per tola gold witnessed a decrease of Rs 500. According...
NEPRA Reserves Verdict On Govt Petition Seeking Hike In Electricity Prices
Islamabad: The National Electricity Power Regulation Authority (Nepra) has reserved its verdict on the government petition seeking a hike in the electricity price. While on...
Pakistan Rupee Continues To Strengthen Against Dollar
KARACHI: The Pakistani Rupee (PKR) has continued to gain ground as it has advanced by about Re1 against US Dollar in an intra-day trade at...
PR Hikes Fares of Passenger, Freight Trains
LAHORE: Pakistan Railways on Monday notified a hike in fares of passenger and freight trains. According to a notification, fares of passenger trains have been...
Sit-ins By TLP Paralyzed Railway System Around The Country
LAHORE: Pakistan Railways has rerouted and canceled several passenger trains due to a protest by the banned organization. According to a spokesperson for the railways,...
PoL Prices Likely To Go Up From November 1
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in the price of petroleum products by up to Rs8 per liter from...
CNG Stations Closure Announced On Oct 31 Across Sindh
KARACHI: The Sui Southern Gas Company (SSGC) has announced the suspension of CNG and RLNG stations for at least 24 hours on Oct 31 across...
Gold Prices Decrease Substantially After Dollar Rates Devalued
KARACHI: The gold prices have recorded a decrease of Rs8,550 per tola on Wednesday in the bullion market after the US dollar slid Rs2.5 against...
Dollar Rising Trend Halts As Rupees Strengthen By 2.49 Paisa
KARACHI:The exchange rate of US Dollar weakened by 2.49 paisa in the interbank on Wednesday against Pakistani rupee. The greenback closed at Rs172.78 on third...
Saudi Financial Package Prove To Be Useful When Rupee Is Under Pressure :Tarin
Islamabad: Adviser on Finance Shaukat Tarin has said Saudi financial support package of 4.2 billion dollars is for one year and will prove to be...
K-electric Unit Price For Nov Bills Increased
KARACHI: The National Electric Power Regulatory Authority (Nepra) on Tuesday (today) approved Re0.69 per unit increase for the KE consumers in fuel charges adjustment (FCA)....
Pakistan Railways Increases Train Fares After Petrol Prices Increased
LAHORE: Pakistan Railways has increased fares of passenger and freight trains to offset the recent hike in prices of petroleum products. A spokesperson for the...
US Dollar Crosses Past Rs 175
KARACHI: The United States (US) dollar surged past the Rs 175 mark against the Pakistani rupee in the inter bank currency market on Tuesday. According...
PSX Revises Market Timings
KARACHI: The Pakistan Stock Exchange (PSX) has revised its timings for the trading session. The new timings will come into effect from October 25 (Monday)....
Gold Prices Surge to Rs125,000 Per Tola
The price of 24 karat per tola gold witnessed increase of Rs1,400 and was sold at Rs125,600 against its sale at Rs124,200 in the local...
PSX Loses 243 Points
The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 243.04 points, with a negative change of 0.53 per cent,...
KE Seeks Increase in Tariff
KARACHI: Electricity is likely to be Rs 3.45 per unit for the citizens of Karachi as. K Electric has filed an application in NEPRA. According...
US Dollar Crosses Rs174.30 in Open Market
KARACHI: The exchange rate of US Dollar strengthened by 80 paisa in the interbank on Thursday against Pakistani rupee.The greenback is being traded at Rs174.30...
Pakistan’s CAD Decreases
KARACHI: Pakistan’s current account deficit — the gap between foreign payments and inflows — narrowed down to $1.11 from $1.47 billion in September 2021 The...
Second Consignment of 40 BRT Buses Reach Karachi
KARACHI: The second consignment of 40 Green Line Bus Rapid Transit System (BRT) buses from China reached Karachi Port on Wednesday night. A ship carrying...
PKR Slides Country’s All-Time Low Against US Dollar
KARACHI: The exchange rate of US Dollar strengthened by 69 paisa in the interbank on Wednesday against Pakistani rupee.The greenback closed at Rs173.47 on second...