Gold Recovers Lost Sheen, Bounces Back To 2 Weeks High
BUSINESS: Pakistan Rising inflation once again shifts investors’ attention towards the precious commodity Gold. As domestically Gold prices slumps to […]
India G20 To Regulate Crypto Gains Support By IMF, US
BUSINESS:As the finance chiefs of the group finish two days of talks, India’s attempt to regulate cryptocurrencies received support from […]
Pakistan Govt Increase Interest Rate By 200bps
BUSINESS:Pakistan has agreed to raise the policy (interest) rate, which currently stands at 17%, by 2%, or 200 basis points, […]
Pakistan President Alvi Approves Mini-Budget
ISLAMABAD : The Finance Supplementary Bill 2023 that was sent to President Arif Alvi on Wednesday has received his approval, […]
Pakistan Accepts One More Demand Of IMF By Hiking Policy Rate
ISLAMABAD: Pakistan has promised the International Monetary Fund (IMF) that it will increase its policy rate by 2% in […]
Rise in illicit cigarette sales feared After Increase In taxes
BUSINESS:Pakistan Tobacco Company (PTC) has stated that new taxes on cigarettes will increase smuggling and supply of counterfeit goods to […]
FATF Suspends Russia’s Membership Over Ukraine War
PARIS: Global financial crime watchdog Financial Action Task Force (FATF) suspended Russia’s membership on Friday, saying Moscow’s war in Ukraine violated […]
Pakistan Weekly Inflation Surges To 41.54% After Revival Of IMF Programme
KARACHI: Pakistan’s weekly inflation remained stubbornly elevated at 2.78% week-on-week and 41.54% year-on-year during the seven-day period that ended on […]
Gold Retreats Once Again in Pakistan, Per Tola Price Declines By Rs1,000
BUSINESS: Today gold rate in Pakistan decline comes on back of constant recovery of Pakistani rupee against US dollar […]
Pakistan And US Bolstering Trade Ties By Business Community : Naveed Qamar
WASHINGTON: Minister for Commerce Syed Naveed Qamar said that the private sector and business community had a pivotal role to play in […]
Builders Decry High Cost of Steel Raw Material
BUSINESS: The current economic crisis, coupled with restrictions on import of steel raw material, has pushed steel rebar prices to […]
Pakistan And Uzbekistan Ink $1b Trade Agreement
BUSINESS: Pakistan and Uzbekistan on Friday signed a trade agreement worth $1 billion during the eighth session of the […]
Forex Reserves of Pakistan Rise by $700m
(Karachi: By Muhammad Tashfin) Finance Minister Ishaq Dar announced on Friday that the State Bank of Pakistan (SBP) has received […]
Pakistan Industries Earning Over Rs30 Cr SC Directs Payment of 4pc Super Tax Within a Week
ISLAMABAD: Industries and sectors with incomes exceeding Rs300 million that are subject to a ten percent super tax for the […]
Crude Oil Prices Surge High, After Lower Russian Exports.
BEIJING: Crude oil prices gained for a second session on Friday as rising US inventories outweighed the possibility of lower […]