Business
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CPEC projects are not limited to infrastructure: Asad Umar
KARACHI: Federal Minister for Planning and Development, Asad Umar has said that the projects under the China-Pakistan Economic Corridor (CPEC)…
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NEPRA reduces electricity tariff, spokesman
ISLAMABAD: In an effort to lower the electricity tariff, the National Electric Power Regulatory Authority (Nepra) has reduced the Return…
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Inflation touches the highest peak in March, PBS
ISLAMABAD: The Pakistan Bureau of Statistics (PBS) announced on Thursday that inflation rose to over 9% in March, the highest…
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SBP and CGA Sign MOU for Digitizing Government Payments through Raast
The State Bank of Pakistan (SBP) and the Controller General of Accounts Pakistan (CGAP) signed a Memorandum of Understanding today…
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Pakistani Rupee maintains uptrend against US dollar
KARACHI: The Pakistani currency has continued its upward trajectory towards the US dollar, reaching a new all-time high of Rs154.58…
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Pakistan receives another loan of $1.3b from World Bank
ISLAMABAD: Pakistan has received another loan from the world bank on Friday loan of worth $1.3 billion including $600 million…
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Govt to maintain the control of SOEs
ISLAMABAD: Even if a new Act of Parliament is approved, the federal government will have a powerful presence in state-owned…
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SBP records highest growth in Islamic banking assets
KARACHI: State bank of Pakistan (SBP) in a statement has reported that the overall assets and deposits of the Islamic…
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SNGPL, SSGC asked OGRA for a major rise in gas price
ISLAMABAD: The Sui Southern Gas Company (SSGC) and Sui Northern Gas Private Limited (SNGPL) have asked the Oil and Gas…
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Increase in the gold price
KARACHI: The gold prices on Saturday increased by Rs 800. With the increase of Rs 800, the price of gold…
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Malpractices by some tea importers are damaging the national economy, PTA
KARACHI: The office-bearers of Pakistan Tea Association (PTA) Mr. Muhammad Aman Paracha, former Chairman, Mr. Zeeshan Maqsood, and the Convener…
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SBP reserves increase by $13b, report
KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) were recorded at $13 billion in the week…
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Asif Ahmed appointed General Manager of IBM Pakistan
KARACHI: Asif Ahmad has been appointed General Manager of IBM Pakistan by the International Business Management (IBM). He will succeed…
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Tax specialists observe issues in tax system
ISLAMABAD: Complications and irritants in current tax processes must be overcome in order to fully use the country’s tax capacity.…
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Govt seeks ECP resign en masse
ISLAMABAD: The ruling party, Pakistan Tehreek-e-Insaf (PTI), sought the resignation of the Election Commission of Pakistan (ECP) on Monday, accusing…
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The government raises the price of kerosene by Rs3.42
ISLAMABAD: The government raised kerosene and light diesel oil (LDO) tariffs on Monday, the new rates will be effective from…
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Pakistan becomes the largest importers in Asia: SIPRI
STOCKHOLM: The Stockholm International Peace Research Institute (SIPRI), on Monday, informed via a report that Pakistan, among other counties, such…
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K-Electric to increase tariff, NEPRA allows
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has authorized K-Electric to raise the electricity tariff to Rs1.97 per unit…
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March 11: Gold rates in Pakistan
KARACHI: At the opening of the bullion market, a single tola of 24-Karat gold in Pakistan was sold for Rs103,000…
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Pakistani Rupee strengthens against US dollar on March 8
KARACHI: In spite of some economic difficulties, the Pakistani Rupee is improving against the US dollar. As per an article…
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Gold rates continued to fall on Friday
KARACHI: The decline in gold prices persisted on Friday, while the prices of precious metals dropped by Rs1,450 per tola…
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March 5: Gold sold at Rs104,200 per tola
KARACHI: On Friday, March 5, at the opening of the bullion market in Pakistan, a single tola of 24-karat gold…
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March 5: US dollar sold at Rs157.9
KARACHI: At the opening of the currency market on Friday, March 5, the buying rate of the US dollar was…
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