Rising Demand Pushes Cotton Price to Rs17,500 per Maund
Pakistan Cotton Ginners Forum Chairman Ehsanul Haq on Monday said that the federal government assigned target of 10 to 18 million of cotton bales for…
Business
Inflation drops to 0.3%, lowest level in six decades
Contrary to official and independent expectations for an uptick, Pakistan’s annual inflation rate further slowed down to its lowest level in six decades, 0.3% in…
Aurangzeb vows to achieve sustainable economic growth
Finance Minister Muhammad Aurangzeb has reaffirmed government’s commitment to achieving sustainable and inclusive economic growth by enhancing productivity and promoting exports. During a Zoom meeting…
Govt slashes petrol, high-speed diesel prices by Rs2
The federal government on Wednesday slashed the prices of petrol and high-speed diesel (HSD) by Rs2 per litre for the next fortnight. The new prices…
Pak-India tensions drag PSX down over 3,500 points
The bourse saw a sharp decline on Wednesday as geopolitical tensions escalated following a late-night warning from the federal government that India may launch a…
Gold prices drop in Pakistan as global rates fall
The price of gold in Pakistan continues to drop, in line with the rates world over. According to the All Pakistan Sarafa Gems and Jewellers…
China denies trade talks with US despite Trump’s claim
China repeated Saturday that it had held no talks with the United States on trade issues, despite President Donald Trump’s claim that he had taken…
ADB announces additional assistance package of $330m for Pakistan
Asian Development Bank (ADB) has announced an additional $330 million in financial assistance for Pakistan’s social protection programme, aiming to benefit around 9.3 million people…
Gold prices hit new record high
Gold prices in Pakistan surged to an all-time high on Tuesday, tracking a sharp rise in international rates. According to the All-Pakistan Gems and Jewellers…
World Bank slams Pakistan’s tax system highly ‘unfair and absurd’
The World Bank has termed Pakistan’s tax system as “extremely unfair and absurd” and emphasized that property must be effectively brought into the tax net…