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Web Desk
Apr 16, 2024

Stock market opens amidst local stability, international volatility

Yesterday, the international oil prices went down after Iran’s retaliatory attack on Israel. Despite that, petrol prices were hiked tangibly. Today’s index outlook is expected to be volatile, with investors showing caution.

Business

Web Desk
Apr 15, 2024

High-level Saudi delegation arrives in Pakistan

Pakistani Foreign Minister Ishaq Dar welcomes Saudi Foreign Minister Faisal bin Farhan at the Islamabad airport

Business

Hum News
Apr 15, 2024

IMF urges Pakistan to tax non-essential items including cigarettes

The International Monetary Fund (IMF) has urged Pakistan to revamp its tax system, through taxation of non-essential items such as cigarettes to enhance revenue streams.

Business

Reuters
Apr 15, 2024

Oil prices fall after Iran’s attack on Israel

International benchmark Brent crude fell over 1 per cent to under $90 a barrel by mid-morning in Europe. Benchmark US oil futures saw similar declines.

Business

Web Desk
Apr 15, 2024

Gold rates move up slightly after Eidul-Fitr

Dealers reported a similar rise in the price of 10 grams of 24-karat gold, which has gone up by Rs686 to now trade at Rs212,020.

Business

Web Desk
Apr 15, 2024

Brace for massive hike in petrol prices

Meanwhile, the price of diesel had fallen to Rs282.24 after the reduction of Rs3.32.

Business

Web Desk
Apr 15, 2024

CRD calls for action against cigarette firms flouting national tax laws

In a letter penned to the minister, CRD highlighted violations, by the cigarette firms, of the Federal Excise Act, 2005, stressing the need for prompt action against the offenders.

Business

Afshan Subohi
Apr 15, 2024

Eid sales drop 15% to Rs 370 billion this year

While spending had been below expectation in big cities, a significant increase in sale volumes was observed in second-tier cities.

Business

Web Desk
Apr 15, 2024

Stock Market opens on a high note after Eid holidays

Today, the benchmark KSE-100 index opens at 70,314.71 points, amidst stability in the local market and economic and political chaos in the international market.

Business

Web Desk
Apr 14, 2024

Finance Minister leads delegation to US for financial cooperation

During the visit, Minister Aurangzeb and his delegation are scheduled to engage in high-level discussions with officials from the IMF and the World Bank, and explore avenues for collaboration and addressing economic issues of mutual concern.