Business

Increasing gold purchase contracts globally have led the price of gold to reach its highest level in history.

SBP unveils PIB, MTB auction plan for 3 months; gold keeps rising and rupee depreciates to 279.04/$

Falls to 2.4% pressuring SBP to cut rates; ECC concerned over rising prices

The US Dollar (USD) is being traded at Rs279.45 for selling, KSE-100 index drops by 276 points.

Imports remain above $5b for second straight month; exports also show healthy growth

Saudi Riyal stays at Rs74.20 for selling.

Domestic dispatches increase 11.6% to 3.3m tons in January

CM Shah vows to resolve issues on priority, forms committees

Index dives over 1,500 points, led by fertiliser, E&P and tech sectors

SITE Neutral Project receives lowest tariff bid of 3.09 cents per kWh

Unsold stocks rise by 31% as textile mills prefer imports due to 18% sales tax on local purchases

ECC approves changes in export facilitation laws to end tax loopholes

Province receives Rs22.2 billion in Jan this year

In October 2024, Blue World City consortium failed to meet the Rs85.03 billion bid for PIA, offering only Rs10 billion

The agreements include a deferred payment facility for oil imports from Saudi Arabia worth $1.20 billion.

Real question is should GDP growth be primary objective or is inflation management enough

New tax law excludes livestock and shifts collection from the Board of Revenue (BoR) to the Sindh Revenue Board (SRB).

Inflation drops sharply to 2.41% in January, down from 4.1% in December and 28.3% a year ago, signaling relief.

Saudi Riyal stays steady at Rs74.20 for selling.

Despite being home to 22m motorcycles, Pakistan lags behind in e-bike adoption, policy development

Expert says West did not expect Chinese AI features to be as good as US AI models

While new report raises right talking points, it is criticised for lacking in substance

Rate cuts and mega projects like Gwadar, Reko Diq shape nation's economic future

Govt's emphasis on short-term gains risks masking deeper economic weaknesses

MNT-Halan has pledged to invest $10 million in 2025, aims to build $500m loan portfolio in 5 years

Retailers say many visitors come for entertainment rather than shopping

The adjustment could take effect in March, providing an estimated relief of over Rs52 billion to consumers.

Move boosts local production efforts, benefits firms such as Apple and Xiaomi

Index dips 625 points amid cautious rate cut, economic and political uncertainty

Arrests three for irregularities in faceless system

Envoy calls for removing barriers, holding business networking sessions

Textile council, ICAC to collaborate for improving cotton production practices

The budget proposals also include an allocation of about 1.8 billion rupees for operation and maintenance of the SPRs.

City planners stress need for road rehabilitation, ensuring urban development

Prime Minister Shehbaz Sharif will visit Central Asian countries this month

The price of gold on the international bullion market also saw a further rise, with the price increasing $5 per ounce.

The price of 24-carat gold stands at 339.00 AED this morning

Urges PM not to facilitate sector, calls it big source of black money

Exporters urge govt to address EU concerns, warn of risks to other global orders

Jumps over 1,000 points amid earnings, IMF review expectations

Says expanding economic diplomacy is foremost priority

Lower food prices result in 0.36% WoW decline in SPI reading

The well currently produces 8.5 million standard cubic feet per day of gas.

Call for bureaucratic overhaul including streamlined operations, austerity measures and adoption of China's zero-corr

Gold holds steady at record Rs291,800, rupee stays stable

Awaits IMF nod despite FBR facing Rs470b shortfall, missing its tax targets

KSE-100 index closed at 114,255.72, rising by 1,049.32 points.

Petrol and diesel prices will rise by 12 to 14 fils per liter compared to January.

Petrol increased by Re1 to settle at Rs257.13 per litre, while HSD increased by Rs7 to settle at Rs267.95 per litre.

Aurangzeb hints at IMF mission by late Feb, says successful review is critical