NEPRA approves power tariff hike for KE and other consumers across Pakistan
The National Electric Power Regulatory Authority (Nepra) has approved a Rs0.0796 per unit increase in electricity rates for October bills, under the monthly fuel charges…
Business
Pakistan, IMF Reach Staff-Level Agreement for $1.2 Billion Disbursement
The International Monetary Fund (IMF) has announced that it has reached a staff-level agreement with Pakistan on its loan programme, paving the way for the…
Government may announce major reduction in petrol, diesel prices this week
Petroleum prices are expected to witness a notable reduction across Pakistan starting October 16, for the next fortnightly review. According to official sources, petrol prices…
Bulls Make a Comeback at Pakistan Stock Exchange
Bulls took control of the trading floor at the Pakistan Stock Exchange (PSX) on Tuesday, recovering from a steep decline in share prices recorded the…
Gold price hits record high of Rs428,200 per tola in Pakistan
The price of 24-karat gold per tola surged to an all-time high on Monday, climbing by Rs5,500 to reach Rs428,200 from the previous day’s Rs422,700,…
Border tensions trigger sharp decline at Pakistan Stock Exchange
Share prices tumbled at the Pakistan Stock Exchange (PSX) on Monday as reports of clashes along the Pakistan-Afghanistan border rattled investor confidence. The market remained…
Finance Minister Aurangzeb departs for US to attend IMF, World Bank meetings
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has departed for the United States to participate in the annual meetings of the International Monetary…
PSX recovers losses, market sentiment turns positive
The Pakistan Stock Exchange (PSX) showed signs of recovery on Friday, rebounding modestly after facing a steep bearish spell over the past few sessions. By…
Aurangzeb set to represent Pakistan at IMF, World Bank meetings in Washington
Finance Minister Senator Mohammad Aurangzeb is set to leave for the United States to attend the annual meetings of the International Monetary Fund (IMF) and…
Pakistan received $3.2b in remittances during September
Pakistan received 3.2 billion dollars in remittances during the month of September this year. According to Finance Ministry, inflows hit 9.5 billion dollars in the…