Business
Gold hits all-time high in Pakistan, yet again
April 26, 2023
Gold hits all-time high in Pakistan, yet again
Price of gold (24 carats) rises by Rs450 per tola. Gold reached previous high of Rs218,600 on 14th. Silver price…
Chinese envoy assures Pakistan of continued support
April 26, 2023
Chinese envoy assures Pakistan of continued support
Pang Chunxue offers Eid ul Fitr greetings. Dar appreciates Chinese support for Pakistan. Two discuss ways to enhance the cooperation. …
Gold nears historic high as rupee recovers
April 20, 2023
Gold nears historic high as rupee recovers
Gold price in Pakistan jumped to near a historic high after the rupee recovered as investors await the resumption of…
Russian delegation in Pakistan to finalise oil import deal
April 13, 2023
Russian delegation in Pakistan to finalise oil import deal
Delegation is here to finalise agreement, including payment mode. Once deal is done, Pakistan will place order for crude oil…
Stocks surge after Saudi assures IMF on Pakistan deposits
April 6, 2023
Stocks surge after Saudi assures IMF on Pakistan deposits
KSE-100 continues upward march with minor oscillations. Benchmark index records increase of 633.74 points, or 1.6%. Investors celebrate confirmation of…
IMF chief wants Pakistan to tax the rich not poor
February 20, 2023
IMF chief wants Pakistan to tax the rich not poor
IMF says resources should be diverted towards poor. Georgieva says wealthy shouldn’t benefit from subsidies. IMF could help Pakistan overcome its looming…
Gas crisis to aggravate as supplier refuses to deliver LNG cargo
January 23, 2023
Gas crisis to aggravate as supplier refuses to deliver LNG cargo
ENI to not deliver February’s cargo purchased at cost of 12.14%. This will result in reduced supplies to power sector.…
Gold takes a breather in Pakistan, falls Rs2,800 per tola
January 16, 2023
Gold takes a breather in Pakistan, falls Rs2,800 per tola
Gold price settles at Rs184,500 per tola in Pakistan. Analysts’ already predicted gold will see a black-swan stumble soon. Silver…
FBR assessment reveals 90% of dollars in Pakistan being hoarded
January 9, 2023
FBR assessment reveals 90% of dollars in Pakistan being hoarded
FRB member says govt making efforts for signing EDI agreements. Says vigilance increased in bordering areas to curb terror financing. FBR…
Rupee likely to stay range-bound in coming days
December 26, 2022
Rupee likely to stay range-bound in coming days
The local currency fell by 49 paisas last week. Market to monitor developments on stalled IMF programme: experts SBP’s reserves…