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Web Desk
Feb 03, 2024

Pakistan records 33% reduction in trade deficit, boosted by export surge

In a promising economic development, Pakistan witnessed a significant 33 per cent reduction in its trade deficit, reaching $13.167 billion.

Business

Web Desk
Feb 03, 2024

Consumer relief as prices drop: weekly inflation records 0.28% decrease

Weekly SPI for the Combined Group experienced a noteworthy decline of 0.28 per cent WoW during the week ending February 1, 2024.

Business

Hum News Shahzad Paracha
Feb 02, 2024

Pakistan witnesses a 14.69 per cent decline in cement despatches

Total cement despatches dropped from 4.006 million tonnes in January 2023 to 3.414 million tonnes this year.

Business

Web Desk
Feb 02, 2024

Gold price see steep jump in Pakistan

Gold prices soared by Rs1,400 per tola on Friday, reaching a new high of Rs217,700 in the local market

Business

Web Desk
Feb 02, 2024

Ahead of election, Pakistan seals plan to sell national airline

Fawad Hasan Fawad said the plan, drawn up by transaction adviser Ernst & Young, will be presented to the cabinet for approval before the tenure of the administration ends following the election.

Business

Web Desk
Feb 02, 2024

US dollar hits reverse gear against PKR in interbank trading

The International money lender has delivered over $3 billion in commitments, and an additional $1 billion in multilateral support is expected by the end of 2024.

Business

Web Desk
Feb 02, 2024

Stock Market continues to fluctuate, upwards today

PSX has not been performing too well since the beginning of the current week. Much of this decline can be attributed to the political upheaval.

Business

Web Desk
Feb 01, 2024

ECC directs formulation of wheat subsidy modalities for G-B

The Economic Coordination Committee (ECC) of the Cabinet has directed the departments concerned to work out modalities regarding the provision of subsidized wheat to Gilgit-Baltistan

Business

Web Desk Reuters
Feb 01, 2024

Pakistan’s monthly inflation rises by 1.83% in January

Pakistan’s Consumer Price Index (CPI) for January rose 28.3% from a year before, data from the Pakistan Bureau of Statistics showed on Thursday

Business

Web Desk
Feb 01, 2024

KIA Pakistan increases prices by Rs 250,000

The car assembler has only revised the price of the manual variant of Picanto, and after a jump of Rs. 250,000, the new price is Rs. 3,600,000 compared to the previous Rs. 3,350,000.