Business

Gold price rises by Rs 2,300 today, reaching Rs 282,800 per tola.

Saudi Riyal saw minor fluctuations today, with the buying rate at Rs73.95.

Jumps 944bps in 3 months; market concerned about steps banks are taking

Direct services to Dammam, Riyadh, and Jeddah to start on December 6

KSE-100 index rises by 2330.99 points (2.1%).

Receives eight bids for 50 MW Winder project, seven bids for 100 MW Bela project despite challenges in attracting bid

PIA faces major setbacks with 17 aircraft grounded due to spare parts shortage, leading to financial losses.

Ink protocol for executing mega schemes, exploring oil and gas deposits

Consultancy firm crafting framework for allocation of 5G spectrum

Index jumps 1,914 points amid rate cut hopes, robust local buying

BCI survey highlights cautious optimism despite persistent hurdles

Lowers inflation projection as industrial activity recovers; major macroeconomic targets yet to be achieved

Gold prices rise for third day to Rs280,500 per tola, driven by global trends and US inflation data.

FPCCI announces Pakistan-EU Forum to boost trade, investment, and economic ties with EU member states.

Governor says possibility that new US govt might impose tariffs on Canadian exports represents “major new uncertainty”

Boost also came as participants of the Islamic Capital Market Conference rang the gong to signal beginning of business

The price of silver per tola rose by Rs 50, reaching Rs 3,450.

The Prize Bond Draw for Rs 40,000 (Draw 31) also held on Monday. 

Key elements of the project include the installation of over 332,000 advanced metering infrastructures

Utility defends claims; stakeholders voice concerns over consumer impact, call for regulatory framework

He was expected to be out until the Intercontinental Cup final next week

Profit rate on savings accounts has decreased from 16% to 13.5%, marking a reduction of 250 basis points

Sahoo discloses plans to establish Centre of Excellence for research to revive yields

Auto industry shows promise amid schemes, key rate reduction; EV market emerges as focal point

IMF agrees on waiving 18% sales tax, parking more liabilities in holding company

Geopolitical fears, unimpressive remittances contribute to 1,074-point fall

Promises support for industrialists, explores lowering Dhabeji land costs

European software provider announces plans to introduce fintech solutions

Will switch to loose monetary policy stance, more proactive fiscal levers

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Industries secretary will take up subsidy restoration issue with PM

Rupee depreciates marginally, settles at 278.05 to a dollar

Our vision is to fully eliminate riba by 2028, but we face three major challenges, says Jameel Ahmad

The Prize Bond Draw for Rs 40,000 (Draw 31) was held today at Muzaffarabad office of the National Savings Division

The market opened with a rally of 1,284 points, pushing the index to a peak of 111,254 points during intra-day trading

Says Washington is committed to increasing two-way trade, investment

Cites misuse of EFS; local manufacturers face closures, workers lose jobs

The Saudi Riyal has slightly adjusted compared to the previous day's rates.

Will pay Rs2.5b in cash; formal summary being sent to cabinet for approval

FinMin highlights private sector leadership, digital accountability in financial solutions

Oil prices rise nearly 2% due to Syrian instability and China's shift towards a looser monetary policy.

Insist competent officers must be posted abroad who could widen trade.

KSE-100 index hits new peak as it nears 110,000-point mark

Gold prices rise due to Syrian upheaval and China's buying, while the Pakistani rupee remains steady.

Surge driven by narrowing gap between official and unofficial channels

SECP approves a Strategic Action Plan to foster Islamic finance growth and eliminate Riba by 2028.

Malhotra's appointment, announced on Monday, comes as term of current governor, Shaktikanta Das, set to end on Tuesday

DMTT is part of the OECD’s global minimum corporate tax agreement which has 136 signatories, including the UAE

The benchmark KSE-100 index rose by 1,169.94 points compared to the previous session.

Gold and silver prices rise locally and internationally as global market trends push prices up.