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Web Desk
Aug 01, 2024

New committee formed to address pharmaceutical pricing issues

A committee has been established to address drug pricing issues and tackle current challenges within Pakistan’s pharmaceutical sector.

Business

Web Desk
Aug 01, 2024

Rising Middle East tensions, declining inventories push global oil prices higher

Global oil prices continued their upward trajectory on Thursday, following a nearly 4 per cent surge the previous day due to escalating geopolitical tensions in the Middle East.

Business

Web Desk
Aug 01, 2024

Pakistan’s headline inflation eases to 11.1 per cent in July: PBS report

Pakistan’s headline inflation eased to 11.1 per cent year-on-year in July 2024, marking a decline from June’s 12.6 per cent and reaching its lowest point since November 2021, when it was 11.5 per cent.

Business

Web Desk
Aug 01, 2024

PSX closes lower as KSE-100 index sheds 146.68 points

The KSE-100 index of the PSX concluded Thursday’s trading session at 77,740.30, reflecting a modest decrease of 146.68 points.

Business

Web Desk
Aug 01, 2024

Interbank closing: PKR strengthens by 7.79 paisa against USD

The Pakistani rupee (PKR) ended its recent decline with a modest gain of 7.79 paisa against the US dollar (USD) on Thursday.

Business

Web Desk
Aug 01, 2024

24-karat gold rate increases by Rs1,400 per tola

The price of gold in Pakistan experienced a notable increase. The cost of 24-karat gold rose to Rs254,900 per tola.

Business

Web Desk
Aug 01, 2024

Stock market continues to decline

Quick minor gains have been the trend throughout this week’s early morning, only to turn red as trading progresses.

Business

Web Desk
Jul 31, 2024

Petrol price in Pakistan reduced by over Rs6 per litre

The government has announced a revision in the prices of petrol and diesel for the upcoming fortnight, starting from 1 August 2024.

Business

Web Desk
Jul 31, 2024

Govt’s debt increases by Rs91.44 billion: SBP weekly borrowing report

The Pakistani government has added Rs91.44 billion to its debt during the week ending 19 July 2024, according to SBP.

Business

Web Desk
Jul 31, 2024

OGRA announces increase in LPG price

The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the price of Liquefied Petroleum Gas (LPG) for August 2024.

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