Palm Oil Futures Trade Rose To 8-Weeks High
COMMODITIES (B-Trams): Due to strong export demand, a weaker ringgit, and concerns about supply, Malaysian palm oil futures rose for […]
Intra Day Trade Update, Rupee Slumps by 6.83 Against Dollar
KARACHI: During intra-day trade in the interbank market, the local currency lost more than Rs6.83 against the US dollar in […]
Crude Oil Prices Surges As Rising Supplies And Chinese Demand Hopes
COMMODITIES(B-Trams): New York: oil prices slightly rose as signs of ample supply, such as rising crude futures inventories in the […]
SBP Likely to Increase Interest Rates Today
BUSINESS:The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is likely to raise interest rates. The SBP […]
Pakistan Discontine Kissan Package Subsidy for Agriculture Consumers
BUSINESS: The coalition government has ended the power subsidy that was provided to consumers in agriculture as part of the conditions […]
DHL Logistics Co. Close Operations In Pakistan
KARACHI:DHL , the world leader in logistics , announced on Monday that it would reduce its presence in Pakistan beginning […]
Gold Price in Pakistan Racks-Up in Lukewarm Demand
COMMODITY: Pakistan Gold Prices Racks-Up amid lukewarm demand as investors are anticipating the central bank’s hawks to tighten the monetary […]
Rupee Recovers by 0.03% Against Dollar In New High
KARACHI:In the interbank market on Monday, the rupee rose by 0.03%, or Rs0.09, to a new one-month high of Rs259.92 […]
As Internationally Oil Price Decline, Govt Likely To Maintain Petrol, Diesel Prices
KARACHI:The government has decided not to raise fuel taxes or lower diesel and gasoline prices for local consumers in order […]
Gold Rate Faces Second Weekly Drop in Pakistan
As Per All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the rate of gold (24 carats) declined by Rs1,700 […]
Foreign Investors Offered Tax Relief From Pakistan Govt
BUSINESS:The government has exempted non-resident banking companies from paying taxes on profit earned through investments in debt securities such as […]
Finance Minister No Adopting G20Summit after China Objections on Ukraine War
BUSINESS:At benugaluru talks in India on Saturday, the G20Summit finance ministers were unsuccessful in adopting a joint statement on the […]
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 […]
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 […]