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Business

PIA privatisation: 'Bidders demand dismissal of workforce'

4 Oct 2024

PIA privatisation: 'Bidders demand dismissal of workforce'

The financial bidding, initially scheduled for October 1, has been postponed to October 31 to address these concerns.

Gold rises Rs1800 per tola in Pakistan

4 Oct 2024

Gold rises Rs1800 per tola in Pakistan

Silver prices, however, remained stable at Rs3,050 per tola.

PSX warns public against online trading fraud

2 Oct 2024

PSX warns public against online trading fraud

These scams often appear credible, as fraudsters use official logos, images, and names, impersonating top-level management to mislead the public.

K-Electric unveils discount program for customers

2 Oct 2024

K-Electric unveils discount program for customers

In a statement , KE announced that ‘star customers’—those who make full and timely payments each month—will receive a variety of discounts.

Pakistan's trade deficit surges 20% in September

2 Oct 2024

Pakistan's trade deficit surges 20% in September

The trade deficit increased by 1.9 percent to $1.78 month-on-month.

Govt initiates debt re-profiling for long-term loans on low interest rate

2 Oct 2024

Govt initiates debt re-profiling for long-term loans on low interest rate

The new debt will be returned by selling long-term investment bonds.

Inflation reaches 44-month low in Pakistan

1 Oct 2024

Inflation reaches 44-month low in Pakistan

SBP achieved its target of bringing inflation to 7 percent.

FBR fails to meet IMF's target despite additional tax collection

1 Oct 2024

FBR fails to meet IMF's target despite additional tax collection

The FBR collected Rs2.56 trillion in July-September of the ongoing FY25.

FBR shares update for income tax filers as deadline  draws closer

30 Sep 2024

FBR shares update for income tax filers as deadline draws closer

Those with special tax years must also file by September 30

Pakistan announces reduction in fuel prices

30 Sep 2024

Pakistan announces reduction in fuel prices

Kerosene oil has also seen a decrease, with prices dropping by Rs 3.57 per liter.

Sindh slashes fees for filming, photography at tourist sites to boost tourism

30 Sep 2024

Sindh slashes fees for filming, photography at tourist sites to boost tourism

By lowering these fees, the Sindh government hopes to draw more tourists and boost the country's tourism sector, which is poised to play a vital role in Pakistan’s economy.

Pakistan reduces rice prices as India allows global supply

30 Sep 2024

Pakistan reduces rice prices as India allows global supply

The Ministry of Commerce announced the immediate removal of the MEP

Govt declares 'war on cash' against tax evaders

30 Sep 2024

Govt declares 'war on cash' against tax evaders

Number of tax filers doubled in 2024 compared to last year.

Solar panel prices dip to lowest level in Pakistan

28 Sep 2024

Solar panel prices dip to lowest level in Pakistan

This marks a decline from earlier this year when prices ranged from Rs39 to Rs40 per watt in April.

CPI expected to stay at 8-9 percent in September, October: Finance Ministry

28 Sep 2024

CPI expected to stay at 8-9 percent in September, October: Finance Ministry

The government’s policies are expected to support fiscal accounts.

IMF stresses Pakistan to mobilise

28 Sep 2024

IMF stresses Pakistan to mobilise "additional financing" by extending tax circle

The Executive Board also stressed “building climate resilience.”

Dollar outflows rise five times in 2MFY2025

27 Sep 2024

Dollar outflows rise five times in 2MFY2025

The first three months of the previous fiscal year were highly disappointing for international investors.

IMF's demands for $7billion bailout package revealed

27 Sep 2024

IMF's demands for $7billion bailout package revealed

IMF also directed the government to resize its department

Petrol price to see another decrease from Oct 1

26 Sep 2024

Petrol price to see another decrease from Oct 1

The decrease is expected due to lower fuel prices in the international market.

Gold prices rise to new all-time high in Pakistan

26 Sep 2024

Gold prices rise to new all-time high in Pakistan

Per tola gold price surged by Rs1500

Donald Lu praises Pakistan for implementing economic reforms

26 Sep 2024

Donald Lu praises Pakistan for implementing economic reforms

Lu reaffirmed US support for Pakistan in its fight against terrorism.

IMF board approves Pakistan's $7bn loan

25 Sep 2024

IMF board approves Pakistan's $7bn loan

Prime Minister Shehbaz Sharif hopes that it will be the country's final IMF program.

Electricity bill update for consumers using up to 200 units from October

25 Sep 2024

Electricity bill update for consumers using up to 200 units from October

The premier announced the relief for three months.

Non-filers to face THESE 15 restrictions in Pakistan from Oct 1

25 Sep 2024

Non-filers to face THESE 15 restrictions in Pakistan from Oct 1

Initially, five of the 15 restriction will be implemented.

Finance Czar hopeful of securing IMF deal today

25 Sep 2024

Finance Czar hopeful of securing IMF deal today

The IMF and Pakistan will meet on September 25.

Fuel prices likely to witness another drop in Pakistan from October 1

24 Sep 2024

Fuel prices likely to witness another drop in Pakistan from October 1

Earlier, on September 15, the government announced a price reduction, effective from September 16.

Suzuki Alto latest price for filers in Pakistan - September 2024

24 Sep 2024

Suzuki Alto latest price for filers in Pakistan - September 2024

Equipped with the 660cc R-Series engine, the Suzuki Alto delivers the ideal balance of power, fuel economy, and control, making it suitable for city traffic and highway driving.

Gold prices set new record high in Pakistan, check latest rates

24 Sep 2024

Gold prices set new record high in Pakistan, check latest rates

The price of gold has been rising consistently in the past few weeks

81 industries shut down in Sindh due to power crisis

24 Sep 2024

81 industries shut down in Sindh due to power crisis

Public-private partnership on cards to establish the industrial zone.

Pakistanis imported smartphones worth $79.4 million in August: report

24 Sep 2024

Pakistanis imported smartphones worth $79.4 million in August: report

The report revealed a mixed bag of trends in mobile phone imports.

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