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...
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...