FATF Session Commences From Today To Review Pakistan Progress
ISLAMABAD: The Financial Action Task Force (FATF) meeting will commence in Paris from today to discuss boosting global action against terrorism financing and crimes. Pakistan...
Price Of Electricity Expected To Increase By Rs 2.56
Islamabad: The government is likely to increase the price of electricity up to Rs2.65, The expected raise in electricity prices will definitely put an additional...
US Dollar Closes at Country’s All-Time High
KARACHI: The exchange rate of US Dollar strengthened by Rs1.6 in the interbank on Monday against Pakistani rupee. The greenback closed at Rs172.78 on first...
Shaukat Tarin Appointed As Adviser On Finance and Revenue
Islamabad: Shaukat Tarin has been appointed as Adviser on Finance and Revenue with the status of Federal Minister. President Dr. Arif Alvi on the advice...
Massive Increase in Petrol, Diesel Prices
ISLAMABAD: The government on Saturday jacked up the price of petrol by Rs10.49 per liter effective from October 16, following fluctuation in the global oil...
Weekly Inflation Grows 0.20pc
ISLAMABAD: The prices of 10 food items went down during the week ending on October 14, as compared to the previous week, the Sensitive Price...
PM Imran Committed For Sustainable Economic Growth: Tarin
WASHINGTON: A seminar on Pakistan’s Economy was organized by the Embassy of Pakistan, Washington, DC in collaboration with Institute of Business Administration (IBA) Karachi. Finance...
PSX Gains 487 Points
KARACHI: The KSE 100-index of the Pakistan stock exchange (psx) on Friday witnessed bullish trend, gaining 487. 85 points, with a positive change of 1.10...
Rs 1.68 Per Unit Increase In Power Tariff Approved
ISLAMABAD: The federal government on Friday has approved an increase in the power tariff by Rs 1.68 per unit. The cabinet has approved the increase...
Governor Punjab Reaches Hungary To Extent GSP plus Status For Pakistan
Budapest: In the next leg of his tour to Europe, Governor Punjab Chaudhry Muhammad Sarwar, in a mission to extent GSP plus status for Pakistan,...
Rs10 Per Litre Increase Feared In Petroleum Products For The Next Fortnightly
Islamabad: It is feared that Rs 10 per litre can be increased in the petroleum products for the next fortnightly. Oil and Gas Regulatory Authority...
PIA Suspends Kabul Flights Operation
KARACHI: Pakistan International Airlines (PIA) suspended flights to Kabul on Thursday citing security concerns. “We are suspending our flight operations to Kabul from today because...
KSE-100 Index Gains 1111 Points
KARACHI: The Pakistan Stock Exchange (PSE) witnessed a sharp rally on Thursday, with investors withdrawing money, buying shares that had fallen for three days as...
Licenses Issued For Exploration of Oil, Gas in Attock and Loralai
ISLAMABAD: Licenses have been issued for the exploration of oil and gas in Attock and Loralai Districts, according to Petroleum Division. Minister for Energy Hammad...
IMF Forecasts Pakistan’s GDP To Grow at 4pc in FY22
ISLAMABAD: The International Monetary Fund (IMF) Tuesday projected Pakistan’s real Gross Domestic Product (GDP) to grow by 4.0% in current fiscal year (2021-22). In its...
PSX Gains 55 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 53.73 points, with a positive change of 0.12 per...
1st NLC Truck Transporting Commodities From Pakistan Reaches Turkey Via Iran: Dawood
Adviser on Commerce Razaq Dawood says the first NLC truck transporting commodities from Pakistan has reached Turkey via Iran under convention on the International Transport...
Shaukat Tarin Left For Washington To Hold Talks With IMF And World Bank
Islamabad: Federal Minister for Finance Shaukat Tarin has left for the US to attend the annual meetings of the World Bank and the International Monetary...
President in UAE to Inaugurate Pakistan Pavilion at Dubai Expo 2020
DUBAI: Emirates on a two-day visit to inaugurate Pakistan Pavilion at Dubai Expo 2020. Themed as ‘Hidden Treasure’, the Pakistan Pavilion showcases the unexplored and...
$2.7 Billion Received Via Workers’ Remittances In September: SBP
KARACHI:l State Bank of Pakistan (SBP) has announced receiving US$2.7 billion via workers’ remittances in September 2021, further sharing that the Roshan Digital Accounts (RDA)...
NEPRA Raises Electricity Price
Another inflation bomb for the common people as the National Electric Power Regulatory Authority (NEPRA) has raised electricity price by Rs1.95 per unit. According to...
KSE-100 Index Sheds 108 Points
KARACHI: The Pakistan Stock Exchange (PSX) concluded the week on a negative note as the benchmark KSE-100 index shed over 100 points in Friday’s session....
CNG Stations Abruptly Close Across Sindh For Three Days
KARACHI: All the Compressed Natural Gas (CNG) stations across Sindh were shut down abruptly Friday morning due to a shortage of gas, according to the...
US Dollar Weakens 9 Paisas Against Pakistani Rupee
KARACHI: The exchange rate of US Dollar weakened by 9 paisa in the interbank on Thursday against Pakistani rupee.The greenback closed at Rs170.87 on fourth...
KSE Loses 293 Points
KARACHI: The KSE 100-index of the Pakistan stock exchange (psx) witnessed bearish trend on Wednesday, losing 293.34 points, with a negative change of 0.66 per...
CPEC Related Projects Are Transparent: Asad Umar
Islamabad: Minister for Planning and Development Asad Umar has categorically stated that the CPEC related projects are transparent and carry no hidden debt. Reacting to...
SBP Takes Measures to Curb Undesirable Foreign Currency Outflow
KARACHI: In order to enhance transparency in the foreign currency transactions by exchange companies and to curb undesirable outflow of cash foreign currency, the State...
Sindh Cabinet Approves Release of Wheat
KARACHI: A meeting of Sindh cabinet chaired by Chief Minister Syed Murad Ali Shah was held in Karachi on Tuesday. The provincial cabinet approved release...
Gold Prices Increase By Rs800
KARACHI: The price of 24 karat per tola gold increased by Rs800 per tola and was trade at Rs 115,000 on Tuesday against its sale...
Gold Prices Decline Rs300 per Tola
KARACHI: The price of 24 karat per tola gold decreased by Rs 300 per tola and was trade at Rs 114,200 on Monday against its...
NEPRA Increases Electricity Prices By Rs 1.65
ISLAMABAD: The national power regulator (NEPRA) on Monday sanctioned another fuel adjustment for power producers making one unit of electricty Rs1.65 more expensive for consumers...
Dollar Rates Continues To Surge As Rs Decreased by 32 Paisas
KARACHI: The Pakistani rupee ended weaker by 32 paisas against the United States (US) dollar in the interbank market on the first trading day of...
Kuwait Allows PIA To Resume Flight Operation
KARACHI: Pakistan International Airlines (PIA) has been allowed to resume flight operation to Kuwait. Spokesperson of the airline, while thanking that Aviation Minister, CAA officials,...
Interest free loans Will Be Given To The poor Households Under Kamyab Karobar: Tarin
Islamabad: Finance Minister Shaukat Tarin said that under Kamyab Karobar, interest free loans up to five hundred thousand rupees will be given to the poor...
The Pandora Papers Regarding International Finance,Tax Heavens To Be Released Today
Web Desk: A new investigation by the International Consortium of Investigative Journalists (ICIJ) into international finance and tax havens will be released to the public...
SBP’s New Car Financing Restrictions Explained
KARACHI: The State Bank of Pakistan has imposed new restrictions on the car financing. The central bank has increased the minimum down payment cap to...
PM Imran Reiterates On Creating Business Friendly Environment
ISLAMABAD: Prime Minister Imran Khan has directed the authorities concerned to take all necessary measures to exploit full potential of exports diversification in salt and...
Inflation Rises 2.12 Percent In Previous Month of September
ISLAMABAD: A 2.12 percent hike in inflation reported during the month of September 2021 as compared to the prices of the commodities in the last...
PM Congratulates Nation As FBR Achieves Above The Target Mark
ISLAMABAD: Prime Minister (PM) Imran Khan on Friday congratulated the nation on Federal Board of Revenue’s (FBR) achievement of collecting Rs.1,395 billion of 2021-22 against...
Govt Jacks-up Prices of Petroleum Products
ISLAMABAD: The government on Thursday announced it has raised the price of petrol by Rs4 from October 1 “due to an increase in petroleum prices...
ECC Approves Summary To Import 550,000 Metric Ton Wheat
Economic Coordination Committee of the Cabinet has approved the summary regarding award of the fifth international wheat tender to import 550,000 Metric Ton of wheat...
FBR Extends Tax Returns Filing Date Till 15th Oct
ISLAMABAD: The Federal Board of Revenue has extended the date for filing of income tax returns till 15th of the next month. The FBR extended...
Rs 5.25 Per Liter Increase In petrol price Recommended
LAHORE: Prices of petroleum products are likely to increase by Rs 5.25 per liter as the Finance Ministry is set to announce the new prices...
Govt Has Taken Steps To Enhance Exports of Country: President
ISLAMABAD: President Dr. Arif Alvi says government has taken steps with the consultations of stakeholders to enhance exports of the country. Addressing 44th export award...
Gold Prices Increase by Rs300 Per Tola
The price of gold witnessed an increase of Rs300 per tola in Pakistan on Wednesday. The per tola of precious yellow metal now costs Rs113,700,...
Dollar Reaches All Time High In Open Market
KARACHI: Dollar has surged to a historic high in Pakistan’s open market as it trades above the Rs 172 mark on Wednesday after gaining Rs0.20...
Punjab Cabinet Allows Import of Sugar
LAHORE: Punjab cabinet has allowed the provincial food department to import sugar. According to details, 150,000 tonnes of sugar will be imported and will be...
President DG Khan Chamber of Commerce and Industry Calls On CM Punjab
Lahore: Punjab Chief Minister Usman Buzdar says small and medium industrialists will be provided with incentives for business. He was talking to President Dera Ghazi...
US Dollar Touches New High Against Pakistani Rupee
KARACHI: The US Dollar on Monday continued its surge against the rupee as it created a new high on Monday, rising to Rs169.60 in the...
FBR Exempts Fresh Fruits Import From Afghanistan of Sales Tax
ISLAMABAD: The Federal Board of Revenue (FBR) has lifted sales tax on the import of fresh fruits from Afghanistan. According to the FBR, the country’s...