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Business

PM Sharif meets Saudi Crown Prince MBS, discusses bilateral trade, investment

29 Oct 2024

PM Sharif meets Saudi Crown Prince MBS, discusses bilateral trade, investment

They expressed concern over the ongoing Israeli aggression in the region, which has been leaving a trail of devastation.

Gold prices continue to soar in local, international markets

29 Oct 2024

Gold prices continue to soar in local, international markets

The gold prices has increased in the international and local markets

Energy sector's circular debt surges to Rs2.39 trillion

29 Oct 2024

Energy sector's circular debt surges to Rs2.39 trillion

The circular debt in the energy sector rose by Rs83 billion.

Gold rates continue to plunge in Pakistan; check latest prices

28 Oct 2024

Gold rates continue to plunge in Pakistan; check latest prices

This adjustment follows a decrease in international gold rates.

FBR reports sharp increase in tax returns for 2024

28 Oct 2024

FBR reports sharp increase in tax returns for 2024

In fiscal year 2023, only 2.407 million income tax returns were filed, indicating that the number of returns has effectively doubled.

Petrol prices likely to decline by up to Rs3 per liter on November 1

28 Oct 2024

Petrol prices likely to decline by up to Rs3 per liter on November 1

Petrol and HSD prices in the global market declined by $1.5 and $2.5 per barrel

Gold prices fall further in Pakistan; check today’s rates

25 Oct 2024

Gold prices fall further in Pakistan; check today’s rates

Gold prices in Pakistan decreased for second consecutive day

Govt announces reduction in electricity prices

24 Oct 2024

Govt announces reduction in electricity prices

Consumers who have already received their bills will receive this relief in November.

Gold prices see big drop in Pakistan amid global decline

24 Oct 2024

Gold prices see big drop in Pakistan amid global decline

The bullion rates also witnessed downward trend in the international market.

Pakistan eyes securing more from IMF’s climate resiliency fund

24 Oct 2024

Pakistan eyes securing more from IMF’s climate resiliency fund

FinMin Muhammad Aurangzeb is currently on a visit to Washington.

Pakistan's power generation falls by 6.5% in September

24 Oct 2024

Pakistan's power generation falls by 6.5% in September

The experts linked the decline to the increasing trend of solarisation.

Economists seek further 200 bps cut in policy rate

24 Oct 2024

Economists seek further 200 bps cut in policy rate

Interest rate declined by 450 basis points cumulatively since June

Gold prices soar to new heights in Pakistan

23 Oct 2024

Gold prices soar to new heights in Pakistan

Pakistan's gold market witnessed another significant surge on Wednesday

Riba-free Pakistan: An 'Islamic touch' or PM Shehbaz's vision of economic revolution?

23 Oct 2024

Riba-free Pakistan: An 'Islamic touch' or PM Shehbaz's vision of economic revolution?

The amendment has sparked debate among experts.

IMF forecasts Pakistan's economic growth by 3.2% in FY25

23 Oct 2024

IMF forecasts Pakistan's economic growth by 3.2% in FY25

The inflation rate would decline to single-digit.

Double-decker buses to hit Karachi streets soon

22 Oct 2024

Double-decker buses to hit Karachi streets soon

Sharjeel ordered to complete the construction of bus stations for the People’s Bus Service as soon as possible.

Gold scales new peak of Rs281,800 per tola in Pakistan

19 Oct 2024

Gold scales new peak of Rs281,800 per tola in Pakistan

Gold price soar in local and international markets.

Auto financing gains momentum as interest rate falls

19 Oct 2024

Auto financing gains momentum as interest rate falls

Auto-financing hit Rs368 billion in June 2022.

Pakistan to export donkey meat to China for popular burgers

18 Oct 2024

Pakistan to export donkey meat to China for popular burgers

While it may seem unusual, donkey meat is a popular delicacy in China and is commonly used in various cuisines, including the well-known ‘Donkey Burger.’

Constitutional amendment proposes to end interest system in Pakistan by Jan 1, 2028

18 Oct 2024

Constitutional amendment proposes to end interest system in Pakistan by Jan 1, 2028

This amendment is part of 26 changes proposed to the Constitution and was initiated by the Jamiat Ulema-e-Islam.

Pakistan’s CPI rises to 15% YoY in mid-October

18 Oct 2024

Pakistan’s CPI rises to 15% YoY in mid-October

Earlier, the CPI showed slight ease in the last week.

Pakistan's foreign exchange reserves increase to $11 billion

18 Oct 2024

Pakistan's foreign exchange reserves increase to $11 billion

The government projected to boost the SBP reserves to $13 billion by the end of FY2024

Pakistan's top wealthiest avoid paying taxes: FBR Chairman

17 Oct 2024

Pakistan's top wealthiest avoid paying taxes: FBR Chairman

FBR collected Rs2.56 trillion for July to September of the ongoing FY25.

SSGC starts collecting extra ‘geyser charges’ from Karachiites in bills

16 Oct 2024

SSGC starts collecting extra ‘geyser charges’ from Karachiites in bills

The company has made Conical Baffle usage mandatory for gas users and outsourced its installation to another company.

FBR chief calls for income, corporate tax rate reduction

16 Oct 2024

FBR chief calls for income, corporate tax rate reduction

"It is wrong to collect tax for the whole year and pay it for debt servicing."

Gold prices surge to new all-time high in Pakistan

16 Oct 2024

Gold prices surge to new all-time high in Pakistan

Last month, gold prices reached Rs277,000 per tola, a then-record high.

Pakistan's trade deficit with SCO countries rises by 41%

16 Oct 2024

Pakistan's trade deficit with SCO countries rises by 41%

The country went beyond at the export scale as compared to the nine SCO partners

External inflows increase by $125 million in four days of October

16 Oct 2024

External inflows increase by $125 million in four days of October

Experts are optimistic about the Shanghai Cooperation Organisation (SCO) summit in Islamabad.

RDA inflows surge to $8.74 billion in September

14 Oct 2024

RDA inflows surge to $8.74 billion in September

A monthly summary revealed a 1.7 percent increase month-on-month.

Petrol, diesel price expected to increase by up to Rs10 per litre

12 Oct 2024

Petrol, diesel price expected to increase by up to Rs10 per litre

The expected hike will put more burden on the inflation-hit masses.

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