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...
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....