Bitcoin Falls Below $80,000 Amid $1 Trillion Crypto Market Crash

Bitcoin has plunged below $80,000, extending a broader cryptocurrency selloff that has wiped out $1 trillion from the market. The leading digital asset is now down 25% from its December all-time high of nearly $110,000, raising fears of further losses. Crypto market volatility has intensified due to economic uncertainty, global conflicts, and concerns over U.S. …

Pi Coin Surges 293% Since Launch: What’s Driving the Rally?

Pi Coin’s surge has caught the attention of crypto investors, skyrocketing 293% since its launch. This growth has outpaced established cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. The primary drivers behind this rally include the launch of Pi Network’s Open Mainnet and the possibility of Pi Coin being listed on major exchanges like Binance. Investor enthusiasm …

Court Halts Greentree Holding’s Acquisition of TRG Shares

  The Islamabad High Court (IHC) has blocked Greentree Holding from acquiring TRG Pakistan shares, citing legal violations and market dominance concerns. The ruling, issued on February 26, 2025, follows objections from the Securities and Exchange Commission of Pakistan (SECP) and the Competition Commission of Pakistan (CCP), which raised alarms over compliance with the Companies …

Pakistan, Uzbekistan Aim to Boost Trade to $2 Billion

Pakistan and Uzbekistan agreed to increase bilateral trade from $400 million to $2 billion. The commitment was made during Prime Minister Shehbaz Sharif’s visit to Uzbekistan. Both sides pledged to strengthen ties in investment, connectivity, and tourism. Prime Minister Shehbaz and Uzbek President Shavkat Mirziyoyev held one-on-one and delegation-level talks. They discussed trade, economic cooperation, …

Gold and Silver Rates in Pakistan – February 26

KARACHI: The gold price in Pakistan continues to remain stable as per the latest updates from the Pakistan Sarafa Market. On Wednesday, 26 February 2025, the per tola gold rate was recorded at Rs. 312,600, while the per gram price stood at Rs. 26,800 for 24K gold. The breakdown of gold prices for different purities …

Gold Prices in Pakistan on February 25 Following Global Trends

KARACHI: Gold and silver prices in Pakistan remained stable on 25 February 2025, as per the latest market updates. The price of 10 grams of gold stood at Rs. 267,920, while one tola of gold was priced at Rs. 312,500. Despite fluctuations in the international market, local prices showed no significant change. Gold Prices in …

Gold Rates Hit Record Highs on February 24

Gold rates surged to a record high on Monday, February 24. This rise occurred in Pakistan and international markets. Safe-haven demand drove the increase. Investors rushed to buy bullion amid global uncertainty. The price of 24 karat gold per tola jumped by Rs1500. It hit an all-time high of Rs309,500. This is a rise from …

Will PSX Hit 150,000? Market Shows Strong Growth Potential

The Pakistan Stock Exchange (PSX) has witnessed an unprecedented rally, sparking speculation about whether the KSE-100 index could reach 150,000 points. While government officials highlight economic improvements, many remain skeptical. However, investors in PSX are enjoying significant returns, with the index soaring from 40,000 to nearly 120,000 points. The question now is: can this momentum …

Africa-1 Submarine Cable Lands in Karachi to Strengthen Internet

The Africa-1 submarine cable has officially connected to Pakistan’s internet infrastructure, marking a major advancement in digital connectivity. The 10,000-kilometer-long high-capacity cable links Pakistan to Saudi Arabia, the UAE, Egypt, and France, enhancing the country’s global internet access. This initiative comes as a relief for users facing frequent disruptions in recent months. A Game-Changer for …

Gold Prices Rise, Silver Drops on February 22, 2025

Gold prices surged on Saturday, February 22, 2025. The rate for 24-karat gold per tola increased by Rs. 1,000, reaching Rs. 308,000. The price for 10 grams of 24-karat gold rose by Rs. 857, now standing at Rs. 264,060. 22-karat gold per 10 grams also gained Rs. 785, settling at Rs. 242,063. International Gold Prices …

Gold Prices decline on Friday, February 21

Gold prices in Pakistan declined after reaching a record high on Thursday. As on Friday, February 21 2025: Gold Rate 24K Gold 22K Gold 21K Gold 18K Gold per Tola Gold Rs. 306300 Rs. 280773 Rs. 268013 Rs. 229725 per 10 Gram Rs. 262600 Rs. 240715 Rs. 229775 Rs. 196950 per Gram Gold Rs. 26260 …

Lotte Chemical Korea Sells Entire Stake in Pakistani Subsidiary

Lotte Chemical Korea has finalized a deal to divest its entire stake in Lotte Chemical Pakistan Limited (LCPL). The sale, announced on February 19, 2025, transfers the company’s 75.01% ownership to AsiaPak Investments Limited and Montage Oil DMCC. This move is part of Lotte Chemical Korea’s business portfolio transformation strategy. Share Purchase Agreement Details In …

Karachi Port Inducts Electric Trucks for Sustainable Port Operations

Karachi Port has taken a significant step toward sustainable logistics by inducting electric trucks (e-trucks) for port operations at the South Asia Pakistan Terminal (SAPT), managed by Hutchison Ports Pakistan. This eco-friendly initiative makes Karachi Port the first port in Pakistan to deploy electric trucks, setting a new benchmark for environmental responsibility in port operations. …

NEPRA Likely to Reduce Power Tariff by Rs2 Per Unit for January FCA

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is expected to approve a Rs2 per unit reduction in electricity tariff under fuel cost adjustment (FCA) for January 2025. The Central Power Purchasing Agency Guarantee Limited (CPPA-G) has submitted a petition proposing a refund of Rs2.32 per unit to consumers. CPPA-G Seeks Approval for Tariff Reduction …

Gold Price in Pakistan Today – February 20

Gold prices in Pakistan surged again, reaching a record high on Thursday, February 20, 2025. According to the Pakistan Sarafa Market, the price of 24K gold per tola is now Rs. 309,000, marking another significant increase. The rate for 10 grams of 24K gold stands at Rs. 264,922.2, while the 1-gram gold rate is Rs. …

PSX Extends Bullish Rally on Economic Optimism

The Pakistan Stock Exchange (PSX) continued its rally, fueled by surging oil prices, foreign investment pledges, and hopes for further monetary easing. Investor confidence strengthened as the KSE-100 Index climbed 253.96 points, closing at 113,342.43, with the keyword “economic optimism” driving market sentiment. Key Gains in KSE-100 Index The KSE-100 Index reached an intraday high …

IWG Launches Regus The Centre in Karachi to Meet Growing Demand for Hybrid Workspaces

Karachi: International Workplace Group (IWG), the world’s leading provider of hybrid working solutions, has announced the launch of Regus The Centre, Karachi. The new flexible workspace will cater to businesses of all sizes. It is set to open in June 2025. The 1,100 sqm facility is part of IWG’s rapid expansion, driven by increasing demand for …

Gold Price Today in Pakistan on 19 February 2025 – Record High Gold Rates

Gold prices in Pakistan surged to an all-time high on February 19, 2025, reflecting a significant rise in both local and international markets. The price of 24-karat gold per tola reached Rs. 308,000, marking an increase of Rs. 3,800 in a single day. The 10-gram price of 24K gold also jumped to Rs. 264,060, while …

Gold Prices Surge Amid Global Economic Uncertainty

Gold prices are climbing again in both international and local markets, driven by ongoing global economic uncertainty. In the international bullion market, gold per ounce increased by $10, reaching $2,910. Meanwhile, in local markets, gold per tola rose by Rs 1,000, bringing the new price to Rs 304,200. This trend reflects growing demand for gold …

NEPRA Officials Grant 220% Pay Raise Without Approval

The chairman and members of the National Electric Power Regulatory Authority (NEPRA) have awarded themselves a shocking 220% pay raise. They did this without approval from the federal cabinet, sources told Geo News. According to NEPRA insiders, officials increased their salaries to between Rs2 million and Rs2.2 million. They bypassed the mandatory approval process. The …

Pakistan to Privatise 50 State-Owned Enterprises in Next Four Years

The government plans to privatise up to 50 state-owned enterprises (SOEs) over the next three to four years. Minister for Economic Affairs Ahad Cheema shared this update during a meeting with a World Bank delegation on Monday. Cheema met with Executive Directors (EDs) and Alternate Executive Directors (AEDs) from the World Bank Group (WBG). The …

Pakistan Pavilion Inaugurated at Gulfood 2025 in Dubai

Ambassador Faisal Niaz Tirmizi, Pakistan’s Envoy to the UAE, inaugurated the Pakistan Pavilion at Gulfood 2025. The event, held at the Dubai World Trade Centre from February 17-21, is one of the world’s largest food and beverage trade exhibitions. It features over 5,500 exhibitors from 129 countries. Consul General Hussain Muhammad and Trade & Investment …

Xi Meets Jack Ma and Business Leaders Amid Economic Slowdown

Chinese President Xi Jinping met with top business leaders, including Alibaba co-founder Jack Ma, on Monday. The meeting, held at Beijing’s Great Hall of the People, signals potential reconciliation between the government and private enterprises. This comes as China faces economic challenges such as a real estate crisis, low consumption, and high youth unemployment. Private …

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