Business

Gold prices surged globally and locally, with rates 24-carat gold per tola rising by Rs2,200, reaching Rs277,200.

Pakistani rupee saw a slight dip, with the US dollar selling at Rs278.15.

PSX surges 609 points, pushing the KSE-100 index past the 86,000-point mark.

FBR Chairman Rashid Mahmood Langrial says that 90% of people in Pakistan do not pay taxes.

Livelihood of small-scale farmers at risk as high input costs become unbearable

Additional tax is due to heavy lending to govt; institutions seek exemption

Stresses Pakistan should aim to have 5th largest economy, IT industry

Shabbir says Islamabad successfully hosting SCO is gamechanger for CPEC, regional cooperation

Despite hefty foreign selling, KSE-100 index soars 578.96 points at 85,840.34

Files to raise up to $25b via stock, debt offerings; enters $10b credit agreement

Nine-month loss hits Rs15.3 billion as costs, financial pressures mount

Envoy focuses on enhancing relations with US in security, trade, people-to-people connections

China may issue 6 trillion yuan in bonds to boost its economy, but unclear details are dampening investor sentiment.

Says heavy-handed measures are hurting businesses, calls for immediate end to harassment

HSD will rise from Rs246.29 to Rs251.29 per litre while price of petrol will remain steady at Rs247.03 per litre

PKR marginally declines against USD, depreciating 0.03% to close at 277.74 in the inter-bank market

Rupee rises to Rs278.10 against the USD but falls to Rs302.98 for the euro.

Mini-budget looms as Q1FY2024-25 target missed despite taking advances

Chinese firm Modern Ceramics to invest Rs8 billion in Punjab for a premium sanitary products facility.

Independent bank will help reduce reliance on Western currencies, promote trade

Prices fall 2% as report projects world oil demand will rise by 1.93 million barrels per day

Fan will lead consultation for new partnership strategy to lift growth, boost competitiveness

Ignite sponsors 10 innovative startups at Dubai tech exhibition

KSE-100 index drops 222 points as political noise, foreign outflows weigh

Funds will help execute 'SAFER' initiative over course of 3.5 years

Study highlights importance of connectivity in regional prosperity

PKR remains relatively stable, inching down against USD in the interbank market to close at Rs277.66

Five of the 11 sectors inched higher as Tech shares lead, gaining 1.5%. Energy fell 0.4%, tracking lower oil prices

Roshan Digital Accounts exceed $8.749 billion in remittances, with overseas Pakistanis investing $1.532 billion.

Rising imports risk a BoP crisis, IMF bailouts, making it crucial to rethink import strategy

Excessive govt spending, borrowing and footprint cause economic freedom to fall

USD trades at Rs278.05 for buying, GBP at Rs363.12.

If structural constraints remain unaddressed, Pakistan may seek another loan

It will slow down tech evolution, impact global trade in electric vehicles

Investors have limited choices: stay in fixed income, invest in taxed property, buy gold, or turn to equity

Economists, traders demand 300 basis point reduction to reignite investment

Pakistan faces $30.35 billion in foreign debt repayments and interest in the coming year, prompting economic reforms.

Other fuel costs also expected to rise as working paper draft is underway for price adjustments

Urge govt to balance security with economic well-being

New measures will slash costs for IMF members by $1.2b annually

Despite foreign selling, KSE-100 index rises 1,951 points and settles at 85,483

Says order will harm company, spark serious safety, security and privacy risks

Plans increased debt issuance to support low-income households, property market

Delays first 777X jet as strike hits finances

China warns EU against separate EV price talks, citing risks to bilateral negotiations and mutual trust concerns.

Claim even after exports, surplus sugar will meet one month of consumption

Target for previous financial year was set at Rs235 billion, but province managed to collect Rs237 billion

US aircraft manufacturer has been impacted by month-long strike of 33,000 West Coast workers halting jet production

Acknowledges risk of its loan programme going off track

KSE-100 index adds 30.18 points, settles at 85,483.40