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Tea importers demand withdrawal of Rs1,200/kg MRP
KCCI, PTA warn policy will burden consumers, hurt legitimate traders
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Inflation slows to six-year low
Deceleration comes after reduction in prices of non-perishable food items
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Currency exchange rate: Saudi Riyal to Rupee for December 3, 2024
Saudi Riyal remains a key currency for remittances to Pakistan.
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Nine Volkswagen plants on strike
Strikes could escalate unless deal is struck in negotiations
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Stocks jump to new peak on falling CPI
Index soars 1,918 points as record participation signals economic recovery
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Record cotton imports trigger price drop
Ginners appeal to govt to exempt local cotton, yarn from sales tax
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LCCI warns of Rs1tr revenue shortfall
LCCI warns of Rs1 trillion revenue shortfall, urging tax reform and technology-driven solutions.
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Climate, ageing variety hurt kinnow exports
Shipments drop 50% in last five years; jobs and investment at stake
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'Incentives a must for ship owners'
Experts give shipping policy mixed reviews; stress need for awareness, reforms
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FPCCI urges focus on industrialisation
FPCCI urges government to prioritise Balochistan's industrialisation with incentives and a provincial bank.
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Govt decides to ratify ILO labour convention
Aims to avoid restrictions as EU introduces stricter trade conditions
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Gold drops to Rs274,500/tola, rupee rises
Political unrest on Nov 24 temporarily impacted currency but has since rebounded
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November CPI inflation drops to 4.9%, lowest in 6.5 years
Pakistan’s inflation drops to 4.9% in November, the lowest in six years, boosting hopes for more rate cuts.
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USD exchange rate: Rupee rises against Dollar
US Dollar sells at Rs278.45 and buys at Rs277.95, as exchange rates fluctuates.
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Gold prices fall in Pakistan amid global decline
Price of gold drops to Rs274,500 per tola
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Currency exchange rate: Saudi Riyal to Ruppee for December 2
Pakistani rupee stable against SAR, buying at Rs73.99 and selling at Rs74.12 in today's market.
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Visa rejections for Pakistanis
There has never been focus at govt level to export manpower with right skills and mindset
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PSX hits new high as KSE-100 index crosses 102,000 points
KSE-100 index crosses 102,664 points with a gain of 1,307.
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COP29: tourism triumphs over climate responsibility
Private sector is equally responsible for climate change and is one of its main contributors
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Combating growing smog problem
Despite recurrence, solutions remain elusive, with govt relying on ad hoc steps
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Establishing synergy across new energy vehicle chain
Wider global collaboration will overshadow US and EU efforts to exert their influence
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Policymaking: the wrong choices
Pakistan needs policies like tax rationalisation, free trade and sound money
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Govt eager to seek Russian financing
Will hold talks next week to deepen economic ties, fund infrastructure projects
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Vietnam approves data law, $67b rail plan
Aims to create more comprehensive legal system for energy sector
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US sets tariffs for solar panels from SE Asia
Decision comes after manufacturers complained about unfairly cheap imported goods
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Banks urged to promote dynamic ecosystem
SBP chief underlines need to improve financial inclusion, particularly in agriculture and SMEs
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PBIT targets tangible projects to woo investors
Board identifies 10 sectors having high investment potential, export prospects
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PSX makes history by crossing 100k
KSE-100 index ends week at 101,357, up 3,559 points, despite political noise
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Sindh growers urge halt to six canals project
Call for water accord enforcement, demand equitable distribution
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Pakistan, Azerbaijan agree on trade partnership
Hope to launch business ventures; make investments via G2G, B2B arrangements
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OGRA raises LPG prices for December
Distributors and consumers decry price hikes, black marketing
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HSBC starts search for next chairman
Board appoints headhunters for leadership transition amid strategic focus on Asia
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Gold prices dip in international and local markets
The price of silver remained unchanged, with the per tola price staying at 3,400 rupees.
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LPG price increased again
OGRA issues notification for new price
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Weekly inflation falls 0.03%
Year-on-year reading hits 5.13%, may remain range bound in FY25
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State Bank of Pakistan recognises ACE Money Transfer as a global Fintech leader
The act highlights the company's devotion to providing secure remittance solutions to millions of overseas Pakistanis
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Retailers propose balanced approach by FBR
Despite efforts, retailers are sceptical and not ready to register with revenue body
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Worker strikes to hit Volkswagen in Dec
IG Metall warns of strikes as clashes with labour over wage cuts remain unresolved
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Chinese power tech helps alleviate poverty
Joint lab reduces electricity shortage to improve people's livelihood
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WTO chief reinstated for second term
.Ngozi Okonjo-Iweala reappointed WTO chief as trade tensions rise under Trump’s second term.
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Ethiopia, Pakistan to collaborate on Single Country Exhibition
Hope for event to strengthen connections, provide access to broader African market
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PSX spikes to new peak above 101k
Surge in banking, oil and pharma stocks, $500m ADB loan fuel momentum
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Oil prices head for 3% weekly decline
Concerns ease over ME ceasefire, prospect of increased supply
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Shops' sales drop as e-commerce thrives
Traditional businesses face plummeting sales, while online shopping surges with aggressive discounts
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Gold rebounds, rupee stable
Metal surges by Rs2,100; ECAP reports decline of Rs0.12, with currency settling at 277.31/$
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FBR misses tax target by Rs356b
Authorities blame inaccurate assumptions used to set target; ministry disagrees
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PSX continues bullish trend, gains 1,274 points
KSE-100 Index gains 1,274.55 points, closing at 101,357.32.
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Gold prices rise in Pakistan, international markets
Gold prices rise globally and locally, with 24-carat gold hitting Rs 277,300 per tola.
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Saudi Riyal to PKR exchange rate in Pakistan - November 29, 2024
Saudi Riyal exchange rate sees minor shift in Pakistan’s open market
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KSE-100 index breaches psychological barrier of 100k mark
PSX surges 813.52 points amid high volume Traders attribute rise to economic optimism PM hails investor confidence.