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Web Desk
Apr 06, 2024

Finance Division debunks alleged delay in wheat procurement decision

The Finance Division has refuted claims circulating in the media regarding the purported delay in decision-making by the Economic Coordination Committee (ECC) concerning wheat procurement targets.

Business

Web Desk
Apr 06, 2024

Punjab Revenue Authority surpasses revenue collection targets

PRA has achieved a significant milestone in revenue collection, marking a remarkable increase of 26 per cent in March 2024.

Business

Web Desk
Apr 06, 2024

Pakistan Railways anticipates earnings of Rs80 billion by fiscal year end

During the initial nine months of the 2023-24 financial year, Pakistan Railway has witnessed a remarkable upsurge in revenue, soaring to Rs66 billion.

Business

Web Desk
Apr 06, 2024

UN forecasts modest economic growth amid challenges in Pakistan

The UN report further suggests that in the following fiscal year, FY25, the GDP growth is likely to experience a slight increase to 2.3 per cent, while inflation is projected to decrease to around 12.2 per cent.

Business

Web Desk
Apr 06, 2024

Pakistan and Iran set to boost trade with livestock agreement

According to details, Iran has shown interest in importing more meat, rice, and other agricultural products from Pakistan.

Business

Web Desk
Apr 06, 2024

Gold price in Pakistan hits record high of Rs4900 per tola

With the latest increase, gold price per tola in the local market reached all-time high, surpassing Rs242,700 per tola rate witnessed in September, 2023, according to the APGJSA.

Business

Web Desk
Apr 06, 2024

Pakistani Tycoon Hussain Dawood sells coal energy business

Dawood was instrumental in exploring Pakistan’s coal reserves, one of the largest lignite coal deposits globally, as part of Chinese President Xi Jinping’s Belt and Road Initiative launched in 2013.

Business

Reuters
Apr 06, 2024

Oil prices go up over four per cent in a week

The gain of 303,000 jobs last month points to likely robust oil demand but potentially delays anticipated interest rate cuts by the US Federal Reserve later this year.

Business

Web Desk
Apr 06, 2024

99 Cents Only chain store announces nationwide closure

The closure affects approximately 14,000 employees

Business

DW
Apr 06, 2024

What’s behind China’s gold-buying spree?

Gold is seen by investors as a safe haven in times of turmoil and a hedge against currency devaluation, so the conflicts in the Middle East and Ukraine have helped the recent price rise, along with the post-COVID inflation spike.