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Web Desk
Dec 13, 2024

Intraday trade: Pakistani rupee gains 28 paisa against US dollar

The Pakistani rupee (PKR) recorded a slight gain on the fifth trading day of the week against the US dollar (USD).

Business

Web Desk
Dec 13, 2024

Petrol price likely to increase for the rest of December

Petrol price in Pakistan is likely to go up for the rest of December, as the government prepares for its regular price review.

Business

Web Desk
Dec 13, 2024

Ministry denies reports of World Bank loan rejection

The World Bank has cancelled a budget support loan worth over $500 million after Islamabad failed to meet key conditions

Business

Web Desk
Dec 13, 2024

Friday brings fluctuations for PSX, again

Before today, on Tuesday the PSX had undergone correction, experiencing similar volatility, ultimately closing in the red.

Business

Reuters
Dec 13, 2024

Gold prices set for a weekly gain as China resumes buying

Gold prices edged higher on Friday and were set for a weekly gain, driven by reports of top consumer China resuming gold purchases, and heightened expectations of an interest rate reduction by the Federal Reserve at its December 17-18 meeting.

Business

Web Desk
Dec 13, 2024

SBP’s forex reserves climb by $12.5 million in a week

The State Bank of Pakistan (SBP) saw its foreign exchange reserves rise by $12.5 million, or 0.10 per cent, reaching $12.05 billion for the week ending December 6, according to latest data.

Business

Web Desk
Dec 12, 2024

PM Shehbaz forms inquiry team to investigate sales tax fraud cases

PM Shehbaz has formed an inquiry team to investigate ongoing sales tax fraud cases, according to a notification from the PM Office.

Business

Web Desk
Dec 12, 2024

Gold price rises by Rs2,300 per tola in local market

Gold prices surged significantly on Thursday, the fourth trading day of the week, following a rise in international market rates.

Business

Web Desk
Dec 12, 2024

Pakistan on track for growth through Islamic financing: Finance Minister

Pakistan’s economy is on a promising path to sustainable growth, according to Finance Minister Muhammad Aurangzeb.

Business

Web Desk
Dec 12, 2024

Pakistani rupee gains 7 paisa against US dollar in early trade

The Pakistani rupee (PKR) registered a marginal increase against the US dollar (USD), appreciating by 0.04 per cent during the opening hours of trading in the interbank market on Thursday.