Petrol and diesel prices may see significant decline from December 1
In a welcome relief for Pakistan’s consumers, global oil prices in the international market have witnessed massive decline paving the way for expected substantial cuts…
Business
IMF team arrives in Pakistan to discuss tax reforms, policy
A team of the International Monetary Fund (IMF) on Monday reached Pakistan to consult over tax net and to enhance tax revenue. Sources said that…
Gold prices increase in Pakistan
On Saturday, the price of 24-karat gold per tola in Pakistan reached Rs216,500. For smaller quantities, the rates remain attractive, with 10 grams of 24-karat…
PSX reaches new highs, crosses 59,000 milestone in intraday trading
Continuing its bull run from the preceding sessions, the benchmark index of the Pakistan Stock Exchange (PSX) hit yet another all-time high on Friday and…
Gold price per tola increases Rs900 in Pakistan
The prices of per tola 24 karat gold increased by Rs 900 and was sold at Rs 216,500 on Wednesday against its sale at Rs…
PSX crosses milestone of 58,000 points
The Pakistan Stock Exchange (PSX) Wednesday breached the 58,000 mark for the first time as analysts credit monetary easing and optimism surrounding the economy after…
Electricity prices likely to increase by Rs3.53 per unit
The National Electric Power Regulatory Authority (NEPRA) received the Central Power Purchasing Agency (CPPA) request to hike the electricity price by Rs3.53 per unit. According…
ADB approves $250mn loan to improve power transmission in Pakistan
The Asian Development Bank (ADB) has announced that it will provide $250 million in loans to Pakistan to improve and expand its power transmission network…
PKR makes recovery against US dollar
The Pakistani rupee gained 83 paise against the US dollar in the interbank market on the back of investor enthusiasm over a staff-level agreement between…
Govt slashes petrol price by Rs2.04, HSD by Rs6.47
The federal government on Wednesday reduced the prices of petrol and high-speed diesel (HSD) by Rs2.04 and Rs6.47 per litre, respectively, for the next fortnight….