Govt Slashes Petroleum Products Prices
ISLAMABAD: The government on Thursday slashed prices of petroleum products by up to Rs2.32 per litre effective from April 15, 2021. It reduced the price...
OGRA Recommends Rs 2 Reduction In Prices Of Petrol, Diesel For Next 15 Days
Islamabad: Oil and Gas Regulatory Authority (OGRA) has prepared a summary to reduce prices of petrol products for the coming 15 days. According to the...
ECC Approves Rs 11.7b For Mother & Child Hospitals In Punjab
Islamabad: The Economic Coordination Committee of the Cabinet has approved 11.7 billion rupees as the share of the Federal Government for the establishment of four...
ECC Meeting To Be Held Today
Islamabad: The Economic Coordination Committee (ECC) meeting will be held today in the chair of Federal Minister for Finance Hammad Azhar. The huddle will deliberate...
SBP Announces Baking Hours During Ramazan
KARACHI: The State Bank of Pakistan (SBP) announced on Tuesday office timings for all banks, development finance institutions and microfinance banks during Ramazan. According to...
PIA Releases Its Financial Results For FY 202
KARACHI: Pakistan International Airlines (PIA) Sunday released its financial results for FY 2020 as it submitted audited accounts with the Pakistan Stock Exchange (PSX). According...
Sugar Being Sold At Rs110 in Punjab
PAKPATTAN: The supply of sugar at low prices could not be ensured before Ramadan in Punjab. On the orders of the Punjab government, the district...
Federal Cabinet Takes Major Decision On Petrol Crisis Report
ISLAMABAD: The federal government took a major decision on the report of the Cabinet Committee on Petrol Crisis. According to sources, criminal proceedings have been...
Asim Ahmed Named New Chairman FBR
ISLAMABAD: The federal government has appointed Asim Ahmed as the new chairman of the Federal Board of Revenue (FBR). According to the notification, federal cabinet...
PIA Issues Safety Alert For Cabin Crews During Ramzan Ul Mubarak
Islamabad: National Carrier Pakistan International Airlines (PIA) has issued a safety alert for cabin crew during Ramzan Ul Mubarak. The National carrier in its order...
USC Announces Special Discount Package for Ramadan
The state-owned Utility Stores Corporation (USC) has unveiled the ‘Ramazan relief package’ approved by the federal government last month. A special ‘Ramzan discount Package’ would...
Pakistan Receives $2.5b From Capital Market
KARACHI: Pakistan has received Eurobonds worth $2.5 billion for 5, 10 and 30 years from the capital market, after which the country’s foreign exchange reserves...
Bullish Trend At PSX, 100-Index Gains 787 Points
KARACHI: The Pakistan Stock Exchange (PSE) witnessed a sharp rise on the fourth day of the trading week. With an increase of 787 points, the...
KSE 100-Index Loses 451 Points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish trend on the third day of the business week. The 100 Index again lost the 44,000...
NEPRA Notifies Increase In Power Tariff By 64 Paisas
ISLAMABAD : National Electric Power Regulatory Authority (NEPRA) has notified 64 paisa per unit increase in power tariff under the fuel adjustment mechanism for the...
Govt Searching New FBR Chairman
ISLAMABAD: Chairman FBR Javed Ghani is going to reach the age of superannuation this week and the government has decided to appoint a new chairman...
KSE 100-Index Loses 750 Points
KARACHI: The Pakistan Stock Exchange (PSX) began the week on a highly bearish note on Monday, with the benchmark KSE-100 index plunging over 750 points...
Inter-provincial Transport To Be Suspended On Saturday and Sunday
Islamabad: The National Command and Operation Centre (NCOC) has decided to ban inter-provincial transport for two days, on Saturday and Sunday, with effect from April...
Karachi Traders Refuse To Close Businesses at 8pm
KARACHI: Traders in Karachi have refused to accept the closure of businesses in the city by 8:00 pm amid the spread of COVID-19 pandemic and...
Inflation Increases 9.1pc in March
ISLAMABAD: The Consumer Price Index (CPI) based monthly inflation increased by 9.1 percent on year-on-year (YoY) basis in March 2021 as compared to an increase...
KSE-100 Index Loses 127 Points
KARACHI: Selling pressure persisted at the Pakistan Stock Exchange (PSX) on Friday, which pulled the KSE-100 index down by 127 points as poor economic data...
PSX 100-Index Sheds 159 Points
KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) Thursday witnessed bearish trend, losing 159.75 points, with negative change of 0.36 percent, closing at...
PSX Gains 96 Points
KARACHI: The stock market extended gains on Wednesday on the back of a host of positive triggers and the benchmark KSE-100 index gained nearly 100...
OGRA Reduces LPG Prices By Rs 14
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has notified a reduction in the prices of Liquefied Petroleum Gas (LPG) in the country for the month...
Govt To Reduce Petrol Prices By Rs 1.50: Hammad Azhar
Islamabad: Federal Minister for Finance Hammad Azhar has announced that the government will decrease petroleum prices by Rs 1. 50 for coming 15 days. In...
Pakistan Receives Third Tranche of $500mn From IMF
KARACHI: Pakistan has received $498.7 mn as a third tranche of the $6 billion Extended Fund Facility from the International Monetary Fund (IMF). In a message...
Petroleum Prices Likely To Be Decreased
Islamabad: It is likely that petrol prices will decrease from April 1. The Oil and Gas Regulatory Authority has sent its summary for changes in...
Inflation Goes Up in Pakistan
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 4, for the combined consumption group, witnessed increase of 0.61...
OGRA Notifies Reduction in LPG Prices
ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) of Pakistan has announced an Rs22 slash in Liquefied petroleum gas (LPG) prices in the country....
PSX Loses Over 1,000 Points
KARACHI : The Pakistan Stock Exchange (PSX) benchmark KSE-100 Index fall by over 1,000 points in the opening session on Thursday. At 9:30 am, the...
Gold Prices Continue To Fall in Pakistan
KARACHI: The price of 24 karat per tola gold decreased by Rs 1100 on Wednesday and was sold at Rs 106,100 against sale at Rs107,200,...
Bullish Trend in PSX
KARACHI: Pakistan Stock Exchange continued positive rally with index closing above 46,000 points on vibes from the Federal Capital that ruling party to getting an...
Sindh Eases COVID-19 Restrictions
KARACHI: The Sindh Home Department has issued a new set of standard operating procedures (SOPs) in view of the existing Covid-19 situation in the province....
KSE-100 Index Loses 271 Points
KARACHI: The KSE-100 index of the pakistan stock exchange (psx) Monday witnessed bearish trend, losing 271.59 points, with negative change of 0.59 percent, closing at...
Govt Decides To Retain Petroleum Prices For Next 15 Days
Islamabad: Government on Sunday decided to retain petroleum prices for the coming 15 days. Prime Minister Imran Khan rejected summary put forward by Oil Gas...
Gold Prices Fall on Second Consecutive Day
KARACHI: A single tola of 24-karat gold in Pakistan was sold for Rs108,200 after falling Rs1,050 during intra-day trading on Friday, February 27, at the...
Weekly Inflation Increased By 2.4pc in Essential Items
ISLAMABAD: The Pakistan Bureau of Statistics has released the weekly inflation statistics noting a 2.41 per cent increase in Sensitive Price Indicator (SPI) which collectively...
Three New Airlines Seek Licences in Pakistan
KARACHI: Three new airlines on Friday have sought Regular Public Transport (RPT) permit from the Civil Aviation Authority (CAA) to operate domestic flights across Pakistan....
Bearish Trend in PSX
KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) Friday witnessed bearish trend, losing 100.61 points, with negative change of 0.22 percent, closing at...
New LNG Contract With Qatar Is 31% Cheaper: Babar
Islamabad: Special Assistant on Petroleum Nadeem Babar has said the ten year LNG contract signed with Qatar is thirty one percent cheaper compared to the...
OGRA Recommends Hike In Petrol Price By Rs 20
Islamabad: The Oil and Gas Regulatory Authority (OGRA) on Friday sent a summary to the Petroleum Division, suggesting an increase in the prices of petroleum...
Pakistan Determined To Act Against Money Laundering, Terror Financing: Hammad
Islamabad: Minister for Industries and Production Hammad Azhar says Pakistan has complied with 90 percent of Financial Action Task Force’s action plan and rest will...
PSX Gains 603 Points
KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) on Thursday witnessed bullish trend, gaining 603.05 points, with positive change of 1.33 percent, closing...
Construction Activities to Provide Employment Opportunities: PM Khan
ISLAMABAD: Prime Minister Imran Khan says promotion of construction activities will not only speed up the economic activities but also provide employment opportunities. He was...
SBP Introduces Third Party Guarantee For House Financing
KARACHI: With an aim to facilitate the banks in extending low-cost housing finance, the State Bank of Pakistan (SBP) has allowed banks to accept a...
FATF To Decide Today To Keep Pakistan On Gray List Or Not
Islamabad: The review meeting of Financial Action Task Force (FATF) regarding the Asia pacific report on Pakistan has concluded yesterday. The announcement regarding keeping Pakistan...
PSX 100-Index Sheds 366 Points
KARACHI: The Pakistan Stock Exchange (PSX) continued with its bearish trend on Wednesday with the benchmark KSE-100 Index shedding 366 points. The benchmark index traded in...
FATF: Announcement To Be Made Tomorrow To Keep Pakistan On Gray List Or Not
Islamabad: The review meeting of Financial Action Task Force (FATF) regarding the Asia pacific report on Pakistan will conclude today after which announcement regarding keeping...