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Business

Pakistan revives offshore oil drilling with 23 new exploration blocks

Pakistan revives offshore oil drilling with 23 new exploration blocks

The exploration will take place in the Indus and Makran basins, areas considered promising for hydrocarbon discoveries.

FIA cancels corruption case against former FBR chief Shabbar Zaidi

FIA cancels corruption case against former FBR chief Shabbar Zaidi

FIA Karachi Zone director gave approval to the cancellation of the FIR

Gold prices record over Rs5,000 increase in local market

Pakistan’s rice exports drop 28% amid policy, regulatory challenges

Gold prices see slight decline after sharp rise

Gold prices see slight decline after sharp rise

Top 10% of Pakistanis control almost half of nation’s wealth, says Oxfam

Pakistan welcomes first US crude oil shipment

Petrol prices likely to rise by up to Rs2.50 per litre from November 1

Gold prices surge by Rs3,500/tola in Pakistan after record drop

Pakistan revives offshore oil drilling with 23 new exploration blocks

1 Nov 2025

Pakistan revives offshore oil drilling with 23 new exploration blocks

The exploration will take place in the Indus and Makran basins, areas considered promising for hydrocarbon discoveries.

FIA cancels corruption case against former FBR chief Shabbar Zaidi

31 Oct 2025

FIA cancels corruption case against former FBR chief Shabbar Zaidi

FIA Karachi Zone director gave approval to the cancellation of the FIR

Gold prices record over Rs5,000 increase in local market

31 Oct 2025

Gold prices record over Rs5,000 increase in local market

The global price of gold jumped sharply, rising by $53 per ounce to reach $4,018.

Pakistan’s rice exports drop 28% amid policy, regulatory challenges

30 Oct 2025

Pakistan’s rice exports drop 28% amid policy, regulatory challenges

According to the report, total rice exports declined from 991,146 tons to 712,797 tons.

Gold prices see slight decline after sharp rise

30 Oct 2025

Gold prices see slight decline after sharp rise

In global markets, gold saw a minor drop of $10, trading at $3,965 per ounce.

Top 10% of Pakistanis control almost half of nation’s wealth, says Oxfam

30 Oct 2025

Top 10% of Pakistanis control almost half of nation’s wealth, says Oxfam

Oxfam’s findings also drew attention to regressive tax systems in countries like Pakistan, Afghanistan, and Bangladesh.

Pakistan welcomes first US crude oil shipment

29 Oct 2025

Pakistan welcomes first US crude oil shipment

This historic delivery follows the Pakistan-US trade agreement signed on July 31, 2025, aimed at enhancing economic ties between Islamabad and Washington.

Petrol prices likely to rise by up to Rs2.50 per litre from November 1

29 Oct 2025

Petrol prices likely to rise by up to Rs2.50 per litre from November 1

Summary will be forwarded to the Ministry of Finance on October 31 for review

Gold prices surge by Rs3,500/tola in Pakistan after record drop

29 Oct 2025

Gold prices surge by Rs3,500/tola in Pakistan after record drop

The rebound mirrored an upward trend in the international bullion market

Gold prices see sharp decline in Pakistan

28 Oct 2025

Gold prices see sharp decline in Pakistan

In the global market, gold saw a sharp decline of $140 per ounce

KMC collects Rs2.64bn municipal tax through electricity bills

28 Oct 2025

KMC collects Rs2.64bn municipal tax through electricity bills

'Only government bodies are authorized to collect taxes, and no third party can collect revenue on their behalf'

Gold prices drop sharply in Pakistan as global rates decline

27 Oct 2025

Gold prices drop sharply in Pakistan as global rates decline

The local decline followed a sharp fall in the global gold market

SBP keeps policy rate unchanged at 11pc amid stable economic indicators

27 Oct 2025

SBP keeps policy rate unchanged at 11pc amid stable economic indicators

Economic momentum has continued to build, supported by strong growth in key indicators

Gold prices rise by Rs1,800 per tola in Pakistan

25 Oct 2025

Gold prices rise by Rs1,800 per tola in Pakistan

Gold prices climbed by $18 to $4,113 per ounce in the international market

Gold falls Rs2,000 per tola in Pakistan for fifth consecutive day

24 Oct 2025

Gold falls Rs2,000 per tola in Pakistan for fifth consecutive day

In the international market, gold prices fell by $20 to $4,095 per ounce

PM Shehbaz unveils 3-year ‘Roshan Maeeshat’ power package for industries, farmers

24 Oct 2025

PM Shehbaz unveils 3-year ‘Roshan Maeeshat’ power package for industries, farmers

Both sectors will be supplied with additional electricity year-round at a rate of Rs22.98 per unit under the package

Gold declines by Rs3,500 per tola as global rates weaken

23 Oct 2025

Gold declines by Rs3,500 per tola as global rates weaken

Meanwhile, the silver price remained unchanged at Rs5,110 per tola.

OGRA refutes fuel shortage reports, confirms normal supply nationwide

22 Oct 2025

OGRA refutes fuel shortage reports, confirms normal supply nationwide

The spokesperson explained that while there had been some delays in the clearance of imported petroleum shipments, the matter has now been fully resolved.

Gold prices crash amid massive decline of over Rs7,000 per tola

22 Oct 2025

Gold prices crash amid massive decline of over Rs7,000 per tola

Gold rates remained volatile in the month of October.

Salaried class contributes Rs130 bln in first quarter of FY2025-26

21 Oct 2025

Salaried class contributes Rs130 bln in first quarter of FY2025-26

Last year, salaried individuals paid Rs545 billion in taxes, while the current year’s target is set at Rs600 billion.

Fuel supply at risk as Sindh cess delays oil clearance at Karachi Port

21 Oct 2025

Fuel supply at risk as Sindh cess delays oil clearance at Karachi Port

OCAC cautioned that if upcoming consignments from Wafi Energy and Pak-Arab Refinery (Parco)

Nepra cuts K-Electric's tariff by Rs7.6 per unit

21 Oct 2025

Nepra cuts K-Electric's tariff by Rs7.6 per unit

The power company expressed concern that Nepra’s latest revisions could destabilise its long-term financial plans

Gold prices hold ground at Rs444,900 per tola

21 Oct 2025

Gold prices hold ground at Rs444,900 per tola

The price of 10 grams of gold also remained unchanged at Rs381,430.

Govt decides to lift ban on gold import, export

20 Oct 2025

Govt decides to lift ban on gold import, export

Precious metal prices continue to rise

Russian experts estimate $1.9bn for Pakistan Steel Mills revival

20 Oct 2025

Russian experts estimate $1.9bn for Pakistan Steel Mills revival

Stell mill is shut down from past 10 years

‘Work on Karachi’s Green Line BRT project to be completed by Sept 2026’

20 Oct 2025

‘Work on Karachi’s Green Line BRT project to be completed by Sept 2026’

Construction work on phase II to start soon

Gold prices drop by Rs1,400 per tola in local market

20 Oct 2025

Gold prices drop by Rs1,400 per tola in local market

Globally, gold prices slipped by $17, bringing the rate down to $4,235 per ounce.

Tomato prices skyrocket to Rs560 per kg across Pakistan

19 Oct 2025

Tomato prices skyrocket to Rs560 per kg across Pakistan

The market officials said the suspension of tomatoes supply from Afghanistan is also playing its role in jacking up prices.

Gold price tumbles by Rs10,600 in local market

18 Oct 2025

Gold price tumbles by Rs10,600 in local market

In the international market, gold also witnessed a drop of $106, reaching $4,252 per ounce.

Karachi consumers to choose own electricity supplier from 2026, NA told

17 Oct 2025

Karachi consumers to choose own electricity supplier from 2026, NA told

Power division working on plan

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