Elon Musk’s net worth falls below $1 Trillion after market setback
WEB DESK: The net worth of billionaire entrepreneur Elon Musk has dropped below the $1 trillion mark following a decline in the value of his...
Pakistan, Iran move to enhance border trade , transport connectivity
ISLAMABAD: Pakistan and Iran have agreed to address outstanding issues affecting cross-border trade and transportation, while also exploring ways to strengthen economic and connectivity links...
Rana Sanaullah hints at more relief in fuel prices
ISLAMABAD: Adviser to the Prime Minister Rana Sanaullah has suggested that petroleum prices in Pakistan could see another reduction if the current decline in global...
Gold price decline in the Country
KARACHI: The gold prices in Pakistan drop by over Rs.10,000 According to the All Pakistan Gems and Jewelry Traders Association, the price of gold across...
Gold Prices climb sharply in Pakistan
KARACHI: Gold prices recorded a significant increase in Pakistan on Monday, mirroring an upward trend in international bullion markets. According to the All Pakistan Sarafa...
PM Shehbaz Sharif announces major petrol price cut amid falling global oil rates
ISLAMABAD: Prime Minister Shehbaz Sharif has announced that the government will unveil a significant reduction in petrol prices tonight, providing relief to consumers as international...
Business visa facility between Pakistan, Iran restored at Taftan border
TAFTAN: Pakistani traders received a significant boost as the business visa services for travel to Iran resumed at the Taftan border crossing after nearly a...
Iran seeks to expand trade ties with Pakistan post US ceasefire
KARACHI: Following the recent ceasefire agreement with the United States, Iran is planning to significantly broaden its trade partnerships with Pakistan. In the last couple...
Petrol price likely to drop in Pakistan, says Pervaiz Malik
ISLAMABAD: Petroleum Minister Ali Pervaiz Malik has stated that the price of Petrol might be decreased, as the global oil prices begin to decline. As...
Massive cut in Petrol prices expected in Pakistan
ISLAMABAD: The recent US-Iran peace agreement is anticipated to trigger a sharp decrease in petrol prices across Pakistan. While discussions are ongoing regarding the exact...
Pakistan introduces simplified electricity bills with QR code feature
ISLAMABAD: Electricity consumers across Pakistan will soon receive bills in a redesigned format aimed at improving readability and making billing information easier to understand. The...
Pakistan Railways targets Rs1 trillion revenue in 2026-27, privatizes five trains for record Rs10.75 billion
LAHORE: Pakistan Railways has successfully privatized five passenger trains through a public-private partnership (PPP) arrangement, fetching a remarkable Rs10.75 billion, The trains Awam Express, Millat...
Karachi Port crosses 2,000 ship calls, marks busiest year in eight years
KARACHI: Karachi Port has recorded its highest level of ship traffic in nearly eight years, crossing the 2,000-vessel mark and highlighting a steady rise in...
Oil prices drops as Iran-US peace deal done
WEB DESK: Oil prices declined on Monday after reports emerged that the United States and Iran had agreed to end hostilities and restore shipping through...
Gold prices jump over Rs7,000 per tola ahead of Pakistan’s FY2026-27 budget
KARACHI: Gold prices in Pakistan registered a substantial increase on Friday, June 12, as investors turned to safe-haven assets ahead of the presentation of the...
President Zardari signs PIA privatisation bill into law, clearing final legal hurdle
ISLAMABAD: President Asif Ali Zardari on Friday approved the Pakistan International Airlines Corporation (Conversion) (Repeal) Bill, 2026, completing the final legal process required for the...
Gold price drops by Rs.9720 per tola
KARACHI: The price of gold decreased by Rs.9720 per tola to Rs.432,716 in Pakistan. According to the All Pakistan Gems and Jewelry Traders Association, the...
Oil prices rise amid renewed US-Iran tensions
WEB DESK: Oil prices gained on Wednesday, rebounding from a seven-week low recorded in the previous trading session, amid escalating US-Iran tensions and positive US...
Think Tank presents Five-Year strategy to generate 20 million Jobs by 2031
ISLAMABAD: The renowned economic research organization, the Economic Policy and Business Development (EPBD), has introduced a comprehensive five-year development blueprint aimed at creating approximately 20...
Government extends grocery store timings to 10pm, prolongs austerity measures
ISLAMABAD: The federal government has approved revised operating hours for grocery and general stores, permitting them to remain open until 10:00pm every day of the...
Massive decline in gold price
KARACHI: The rate of gold droped by Rs.12627 to Rs. 442436. According to rates issued by the All Pakistan Sarafa Gems and Jewellers Association, the...
Gold rate surge by Rs.2830 per tola
KARACHI: The price of gold increased by Rs.2830 per tola in Pakistan, the new price per tola gold stand for Rs.455.063. According to the All...
Electricity tariff cut brings relief as govt eyes solar wheeling policy
ISLAMABAD: Power consumers across Pakistan will receive relief after the federal government announced a reduction of Rs1.99 per unit in electricity tariffs under the quarterly...
Punjab’s FY2026-27 budget proposed at Rs5.13 trillion
LAHORE: The Punjab government has outlined its budget plan for the upcoming financial year 2026-27, with a total proposed expenditure of approximately Rs5.131 trillion. According...
PSX slides as oil surge, Middle East conflict weigh on investor confidence
KARACHI: Pakistan Stock Exchange (PSX) remained under pressure on Monday as escalating tensions in the Middle East triggered a sharp rise in global oil prices,...
Govt eyes Rs1.727 trillion petroleum levy target for FY2026-27
ISLAMABAD: If approved, the new target would exceed the current fiscal year’s goal by approximately Rs292 billion and stand about Rs157 billion higher than the...
Gold price decrease by Rs.1469 per tola
KARACHI: The price of gold decreased by Rs.1469 per tola in Pakistan. Data released by the All Pakistan Sarafa Gems and Jewellers Association showed that...
Major tariff reductions announced for Pharma, Logistics, and Construction sectors
ISLAMABAD: The federal government has unveiled substantial tariff reductions for the pharmaceutical, logistics, and construction industries as part of the new National Tariff Policy (NTP)...
Gold prices drops by Rs8,600 per tola
KARACHI: The price of gold in Pakistan witnessed a sharp decline on Tuesday, falling by Rs8,600 per tola. As per All Pakistan Gems and Jewellers...
KSE-100 Index climbs 421 points amid positive trading session at PSX
KARACHI: The Pakistan Stock Exchange (PSX) closed on a positive note on Tuesday, June 2, 2026, with the KSE-100 Index rising by 421.57 points, or...
Gold price hike again by Rs.4600 per tola in Pakistan
KARACHI: The price of gold increased again in Pakistan, the rate of Gold surged by Rs.4600 per tola in Pakistan. According to the All Pakistan...
Sharp decline in cotton prices in Punjab, Sindh amid market volatility
KARACHI: Cotton prices have seen a significant drop across key markets in Punjab and Sindh due to ongoing fluctuations in both domestic and international demand...
Six months post-privatization, PIA management remains untransferred to buyer consortium
ISLAMABAD: Six months have passed since the privatization of Pakistan International Airlines (PIA), but the management has yet to be transferred to the buyer. Sources...
LPG price increased by Rs.4.95 per kg
ISLAMABAD: OGRA has officially announced an increase in LPG prices, with the price of an 11.8 kg domestic cylinder rising by Rs. 58.51. According to...
Power Minister confirms continuation of electricity subsidy for protected consumers
ISLAMABAD: Federal Minister for Power Sardar Awais Ahmed Khan Leghari has clarified that the government has no plans to withdraw electricity subsidies for protected consumers...
Pakistan finalizes FY2026-27 budget framework after IMF agreement
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have reportedly reached an understanding on key fiscal and budgetary targets for the 2026-27 financial year after...
Gold prices see slight decrease on the third day of Eid
KARACHI: On the third day of Eid, a slight decrease of Rs 500 was recorded in gold prices. According to the All Pakistan Gems and...
Gold price decrease by Rs.2400 per tola
KARACHI: The price of gold dropped by Rs.2400 per tola in Pakistan The All Pakistan Gems and Jewelry Traders Association has reported that the price...
Massive increase in Gold price
KARACHI: Gold prices surged across Pakistan on Monday, with the price of per tola gold increasing by Rs4,000 amid a rise in international bullion markets....
PSX surges as falling oil prices boost hopes of US-Iran peace deal
KARACHI: Stocks rallied on Monday as falling global oil prices and renewed optimism over a possible US-Iran peace agreement lifted investor confidence, while positive IMF-related...
OGRA raises LNG prices by up to 28% for May
ISLAMABAD: The Oil and Gas Regulatory Authority has increased the prices of liquefied natural gas (LNG) by up to 28% for May, according to a...
IMF raises concerns over Pakistan’s solar energy policy
ISLAMABAD: The International Monetary Fund (IMF) has voiced significant reservations regarding Pakistan’s current solar energy policy. Under the new policy, a distinction has been made...
Gold price decrease sharply by Rs6800 per tola
KARACHI: Gold prices declined on Wednesday, May 20, 2026, in line with a downward trend in the international bullion market amid ongoing global economic uncertainty....
PSX witnesses positive trend, gains 2000 points as Trump postpone attack on Iran
KARACHI: Following US President Donald Trump’s announcement to temporarily halt the attack on Iran, positive momentum is being observed in the Pakistan Stock Exchange today....
Sindh approves purchase of 500 electric buses as part of transport expansion
KARACHI: The Sindh government has given the green light for the acquisition of 500 new electric buses through a public-private partnership, aimed at enhancing the...
Power division provides fresh update on June electricity bills amid price stabilization
ISLAMABAD: The Ministry of Energy (Power Division) announced on May 18, 2026, that strategic government measures, sound policy decisions, and efficient load management have successfully...
Pakistan builds oil reserves amid middle east tensions
ISLAMABAD: Pakistan has intensified measures to safeguard its fuel supply system in response to rising instability in the Middle East, with authorities securing petroleum reserves...
PSX extends losses as oil surge, IMF concerns weigh on investors
KARACHI: Pakistan’s stock market remained under heavy selling pressure on Monday as rising global oil prices, inflation fears, and concerns linked to the country’s IMF...
Gold price hikes in Pakistan
KARACHI: Gold prices in Pakistan increase on Monday, in line with an upward trend in the international bullion market amid ongoing global economic uncertainty. According...
Oil hits two-week peak as Iran conflict fuels supply fears
WEB DESK: Oil prices climbed sharply on Monday, reaching their highest levels in nearly two weeks as hopes for a breakthrough in the Iran conflict...