Business, Market News, Gold, Dollar and Sliver Price

Home
Business

Business

Web Desk
Nov 01, 2024

Stock market’s historic high ends in devastating loss as October closes

With the overall improvement in the economic indicators, the petrol price was expected to go down as well as the new policy rate by the SBP.

Business

Web Desk
Nov 01, 2024

State Bank-held reserves climb by $115 million in a week

The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $115.7 million or 1.05 per cent on a week-on-week basis.

Business

Web Desk
Nov 01, 2024

FBR expects Rs130b tax collection deficit, mini-budget required

Such a huge gap can jeopardise Pakistan’s ability to receive the next installment of financial handout from the IMF.

Business

Web Desk
Oct 31, 2024

Gold price falls Rs700 per tola from all-time high

After touching a record high, gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs287,200 per tola.

Business

Web Desk
Oct 31, 2024

Hubco set to establish countrywide EV charging network

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), is setting up a new venture to develop Electric Vehicle (EV) charging infrastructure across the country.

Business

Web Desk
Oct 31, 2024

Govt clears more than Rs117 billion debt in one week

The Pakistani government has retired a substantial debt of Rs117.62 billion for the week ending October 18.

Business

Web Desk
Oct 31, 2024

Intraday trade: Pakistani rupee up by 7 paisa against US dollar

The Pakistani rupee (PKR) showed a slight improvement against the US dollar (USD) appreciating by 0.03 per cent during early trading hours.

Business

Web Desk
Oct 31, 2024

Circulating money supply jumps 15.1 per cent YoY to Rs39.89 trillion

The total money supply circulating in the economy until September 2024 stood at Rs39.89 trillion, according to the SBP.

Business

Web Desk
Oct 31, 2024

Sugar exports boost Pakistan’s forex reserves by $120 million

Pakistan has earned nearly $120 million from the export of surplus sugar, as reported in a recent briefing to the Cabinet Committee on Monitoring Sugar Exports.