Third-day decline, gold prices weaken on rising dollar
Gold prices continued their decline on Monday, falling for the third straight session as the US dollar held near a six-month high, putting pressure on…
Business
Rupee inches upward against USD in Morning Trade
The Pakistani rupee (PKR) showed a slight improvement against the US dollar (USD) on Monday, gaining 0.07 percent in the opening hours of trading in…
Pakistan Removes Ban on Gold Import and Export
The federal government has lifted the ban on the import and export of gold, officials confirmed on Saturday. The Ministry of Commerce issued the order…
Pakistan Agrees to IMF’s Demand for Special Audit of 10 Years’ Supplementary Grants
Pakistan has agreed to a key condition set by the International Monetary Fund (IMF) to conduct a special audit of supplementary grants issued over the…
Govt Approves Reduction in Electricity Tariffs
Electricity tariffs are expected to decrease this month as consumers across Pakistan may receive relief under the latest monthly fuel cost adjustment. The Central Power…
NFC Meeting on December 4 to Deliberate IMF Terms and Latest Award
A meeting of the National Finance Commission (NFC) has been scheduled for December 4 to discuss the implementation of IMF conditions and the new financial…
FIA nabs Afghan national at Islamabad Airport over fake residence card
Federal Investigation Agency (FIA) on Thursday thwarted an attempt by an Afghan national to travel to Europe using a forged residence card, intercepting the passenger…
Pakistan Set for Possible Reduction in Electricity Tariff
Electricity prices across Pakistan are expected to drop by 65 paisa per unit, following a request submitted by the Central Power Purchasing Agency (CPPA) for…
FBR begins surveillance of 21 beverage plants to tackle tax evasion
The Federal Board of Revenue (FBR) has begun monitoring 21 beverage manufacturing units as part of its efforts to curb tax evasion. According to officials,…
Nepra imposes heavy penalties on Lesco, Fesco and Gepco
The National Electric Power Regulatory Authority (NEPRA) has imposed a total fine of Rs57.5 million on three state-owned power distribution companies (DISCOs) over fatal accidents…