Airfares likely to doubled as jet fuel price aurges to Rs417 in Pakistan
Air travel is all set to become highly expensive as the airlines are indicating at doubling the air ticket prices following a whopping increase in…
Business
Oil rises slightly while stock show mixed performance amid conflicting signals on talks
Oil prices rose and equities were mixed on Thursday as investors tracked developments in the Middle East war after Iranian officials were said to have…
Gold surges in global and Pakistani markets; silver also rises
Prices of gold and silver witnessed a significant increase in both the global market and Pakistan’s local bullion market, reflecting continued volatility in precious metals….
Pakistan stock exchange jumps over 3,400 points
The Pakistan Stock Exchange saw a strong bullish trend on Wednesday, with the 100 Index rising by more than 3,400 points to reach 157,400. Investors…
PSX holds positive trend as global equities rise, oil prices drop
Buying continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 1,700 points during the opening minutes of trading on Wednesday….
PSX advances as easing Middle East war fears boost sentiment
The equity market rose on Tuesday as hopes of easing Middle East tensions lifted sentiment, while reports that Pakistan may be playing a mediating role…
Gold prices soar in Pakistan
The per-tola price of 24-karat gold increased by Rs16,300 on Tuesday and was sold at Rs464,062 against its sale at Rs447,762 the previous day, All…
Government increases the high-octane fuel levy by 200 per litre
Prime Minister Shehbaz Sharif on Sunday approved an increase of Rs200 per litre levy on high-octane fuel used in luxury vehicles, a move expected to…
Govt to pay around Rs 48bn to OMCs under fuel price differential claims
The government is set to pay oil marketing companies (OMCs) up to Rs176 per litre under price differential claims (PDCs) in the wake of the…
SSGC announces gas supply schedule for Eid ul Fitr
The Sui Southern Gas Company (SSGC) has announced its gas supply schedule for the Eid ul Fitr holidays. In a statement, the company said it…