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Azerbaijan expected to invest $2b in Pakistan
Prime Minister Shehbaz Sharif will visit Central Asian countries this month
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Gold prices soar to historic highs as global economic uncertainty escalates
The price of gold on the international bullion market also saw a further rise, with the price increasing $5 per ounce.
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UAE Gold prices drop slightly on February 1
The price of 24-carat gold stands at 339.00 AED this morning
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PBC opposes tax relief for real estate
Urges PM not to facilitate sector, calls it big source of black money
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GSP+ withdrawal to hit exports
Exporters urge govt to address EU concerns, warn of risks to other global orders
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KSE-100 index reclaims 114,000-point mark
Jumps over 1,000 points amid earnings, IMF review expectations
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Envoy invites US to capitalise on CPEC
Says expanding economic diplomacy is foremost priority
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Short-term inflation falls for fifth week
Lower food prices result in 0.36% WoW decline in SPI reading
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OGDCL starts production from Bettani-2 well
The well currently produces 8.5 million standard cubic feet per day of gas.
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Economists demand anti-red tape revolution
Call for bureaucratic overhaul including streamlined operations, austerity measures and adoption of China's zero-corr
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SBP injects Rs11.4tr via OMO
Gold holds steady at record Rs291,800, rupee stays stable
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Govt to restore teachers' tax rebate
Awaits IMF nod despite FBR facing Rs470b shortfall, missing its tax targets
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PSX sees strong rally, Index climbs 1,000 points
KSE-100 index closed at 114,255.72, rising by 1,049.32 points.
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UAE hikes fuel prices: How much will tank fill-ups cost?
Petrol and diesel prices will rise by 12 to 14 fils per liter compared to January.
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Petrol and diesel prices hiked as global rates rise, effective Feb 1
Petrol increased by Re1 to settle at Rs257.13 per litre, while HSD increased by Rs7 to settle at Rs267.95 per litre.
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Govt stuck in property tax debate
Aurangzeb hints at IMF mission by late Feb, says successful review is critical
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FBR registers record tax collection in December 2024
FBR sets record with Rs1,330 billion tax collection in December 2024, surpassing expectations.
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Govt stops car buying for taxmen
Finance Minister Muhammad Aurangzeb emphasised the need for introducing technology in the FBR to address corruption.
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PSX stages strong comeback, gains 1,719 points
Earnings optimism, IMF's debt proposal lift KSE-100 above 113,200
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Industrial zone paralysed on water dispute
Supply remains suspended as standoff between KW&SC, water suppliers deepens
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Prudent monetary policy key to stability
The SBP governor noted a significant rise in Small and Medium sized Enterprise (SME) financing.
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'Govt must take steps to improve business climate'
Says Punjab governor as LCCI officials point out that unfavourable policies have led FDI to stand at just $1.33b in si
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DISCOs asked for service deals with industries
Agreements will ensure reliable, high-quality electricity supply
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Power consumers poised to get Rs1.03 relief
NEPRA reviews petition for fuel cost adjustment for Dec 2024
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Businessmen slam FBR's new data sharing condition
Say small-scale traders cannot file complex stock, production reports
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Gold double jumps to all-time high
Increases by Rs3,100 to Rs291,800/tola; forex drops by $76m on debt repayment; rupee dips slightly to 278.97/$
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FBR orders retailers to accept debit, credit cards for all transactions
Under the new rules, registered retailers must maintain a record of all transactions.
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Rs1500 and Rs100 prize bond draw dates for February 2025 announced
On January 1, the National Savings Division released the schedule for the 2025 prize bond draw
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Gold prices surge, hit record high in local markets
Gold per 10 grams rose by Rs 1,372, reaching Rs 248,885 in the local bullion market.
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Gas price hike may result in misuse
Minister urges govt to notify transparent mechanism to tackle litigation
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FBR refuses to ease property purchase restrictions
FBR rejects builders, developers association proposals as Senate committee chairman calls for simplification efforts.
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Petrol, diesel prices expected to go up again
New fuel prices will come into effect from Feb 1
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'Pakistan needs $100b financing'
Ali Malik says country cannot risk exiting IMF programme; mission due in Feb
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Pundits warn of increase in goods smuggling
Say suspension of US aid for Kabul may trigger outflow of dollar, essential commodities
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Govt revises profit rates on National Savings schemes, pensioners' certificates
This decision reflects ongoing adjustments in financial policies following the central bank’s monetary policy review
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China's tech firm Alibaba release AI model
Claims surpasses DeepSeek-V3
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US Federal Reserve holds rates steady, offers little clarity on future cuts
Fed removes "progress" language on inflation noting price increases remain elevated despite data showing little change
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PSX falls amid futures rollover, rate cut concerns
KSE-100 index loses 543 points on back of selling pressure
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SBP injects Rs523.7b via OMOs
Gold prices surge to Rs288,700/tola while rupee gains 6 paisa
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'Pakistan has lowest spectrum in region'
GSMA calls spectrum cost unsustainable that threatens development of mobile services
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Rs55b windfall expected from gas tariff hike
Overcollection in FY25 anticipated as CPPs rate rises to Rs3,500/MMBtu under IMF mandate
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US envoy meets commerce minister
Identifies potential investment areas, including minerals, marine industries, textiles, clean energy
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'Govt must capitalise on Saudi need for HR'
Ambassador highlights key opportunities, urges workforce training, strategic engagement
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Bank of Canada cuts interest rate, warns of US tariff impact
Central Bank cuts rates for sixth straight time amid ongoing economic challenges, with inflation within target range.
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Gold prices bounce back in global and local markets
The price of gold per 10 grams also saw an increase of Rs1,972.
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$20b WB lending may be insufficient
VP urges Pakistan to mobilise resources, calls for private sector investment
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Chinese firm to install 3,000 EV charging stations in Pakistan
Each charging station is expected to cost around Rs8 million
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'Govt needs to be cautiously optimistic'
Country asked to stay on course, deliver on reforms for people's benefit
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Oil shortage looms in Lahore as tankers face restrictions
Oil Companies Advisory Council urges exemption to avert fuel crisis
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MoU inked for power sector strengthening
Nepra and GIZ sign MoU to advance Pakistan's energy sector, focusing on renewables and regulatory improvements.