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Oil set for second straight weekly drop as Iran risks recede

 Oil prices slipped on Friday and were on track for a second weekly decline on receding concerns of a US-Iran conflict that could affect supply. Brent crude oil futures were down 6 cents, or 0.1%, at $67.46 a barrel at …

Expectations of foreign investment in projects including Reko Diq, mining, refinery, etc., interest rates remaining stable for the third consecutive time, and increasing foreign exchange …

The FBR has decided to take action against rich people who pay low taxes and display their wealth on social media outside the tax net. …

ISLAMABAD: The OGDC has started production of gas and condensate from the Sughri North 1 well in Attock district of Punjab. According to the OGDC …

Karachi: Gold prices remained unchanged in the local and international bullion markets, however, silver prices continued to rise. As a result of the price of …

The rupee has appreciated against the dollar in both the interbank and open markets due to several reasons. According to Express News, the rupee has …

Karachi: The rupee strengthened against the dollar for the 30th day in the interbank market on Wednesday due to the commitments of $5.5 billion financing …

ISLAMABAD: Poland has vowed to invest in Pakistan’s oil and gas sector and strengthen economic ties. The efforts of SIFC are paving the way for …

Dollar feeble as Trump's tax bill and tariffs weigh

Karachi: The rupee continued to strengthen against the dollar in the interbank market for the 29th day on Tuesday due to the rate being kept …

Karachi: The rupee continued to strengthen against the dollar in both foreign exchange markets on Monday due to various factors. The rupee continued to strengthen …

Toba Tek Singh: Finance Minister Muhammad Aurangzeb says that we are already included in the IMF program and the IMF has understood the serious situation …

Petrol, diesel prices slashed on New Year's Eve 2026

Islamabad: Prices of petroleum products are likely to increase. According to sources, the prices of petroleum products are likely to increase by Rs 4.79 per …

CDA Natalie Baker Urges U.S. Businesses to Explore Investment Opportunities in Pakistan

by nawabzada shah ali Islamabad – September 2, 2025: Chargé d’Affaires (CDA) Natalie Baker has called on American businesses to seize emerging opportunities in Pakistan’s …

Finance Minister Muhammad Aurangzeb said that he will get full support from banks in the issuance of Panda Bonds and this project is on track. …

Pakistan and China have agreed to further enhance cooperation in the financial sector, while Finance Minister Muhammad Aurangzeb says that Pakistan’s economic performance is positive. …

Dollar feeble as Trump's tax bill and tariffs weigh

Islamabad: The Federal Ministry of Finance has repaid a loan of Rs 2,600 billion ahead of schedule, while the total volume of loans will reach …

ISLAMABAD: The President has approved the Pakistan Land Port Authority Bill 2025. According to President of Pakistan Asif Ali Zardari has approved the Pakistan Land …

Karachi: The Federal Board of Revenue (FBR) has issued new rules and regulations for online business and has also issued a draft of amendments to …

Petrol price drops by Rs7.54 per litre for next fortnight

ISLAMABAD: The prices of petroleum products are likely to decrease slightly from September 1. According to sources, the price of petrol is likely to decrease …

Karachi: The State Bank of Pakistan has said that the government’s foreign exchange reserves increased by $18 million during the last week. According to the …

Gold has become more expensive in the global market and domestic bullion markets. According to the All Pakistan Gems and Jewelers Association, the price of …

Pakistan's foreign exchange reserves hit record high since March 2022

Karachi: The State Bank of Pakistan has released its annual financial statements for the financial year 2024-25. The annual financial statements for the financial year …

ISLAMABAD: The meeting chaired by the Federal Finance Minister approved the reconstitution of the Board of Directors of NESPAK. According to Express News, a meeting …

Islamabad: A significant breakthrough has been made in Pakistan’s economic development, under which the US, Japan and other international financial institutions, with the support of …

Karachi: Gold has become more expensive in the domestic bullion markets. According to a report by All Pakistan Gems and Jewelers, the price of gold …

Islamabad: The World Bank has approved a grant of $47.9 million for Pakistan. According to a statement issued by the World Bank, the money will …

Minister of State for Crypto and Blockchain Bilal Bin Saqib’s predictions about the crypto market in 2018 have proven to be correct. Pakistan has joined …

Islamabad: In the first month of the current fiscal year 2025-26 (July 2025), Pakistan’s exports increased by 16.43% to $2.68 billion. According to the Federal …

Islamabad: Irregularities worth more than Rs 165 billion have been revealed in the telecommunications sector. According to Express, the Auditor General’s audit report for the …

Karachi: As the price of gold per ounce in the international bullion market fell by $14 to $3,325, there was a downward trend in gold …

Karachi: The Pakistan Stock Exchange is on a strong bullish trend as the index reached an all-time high. The market opened on Wednesday with a …

Islamabad: Uzbekistan and Pakistan are set to open a new chapter of cooperation in the textile sector following an important meeting between Ambassador of Uzbekistan …

Pakistan's foreign exchange reserves hit record high since March 2022

A new era of modern banking in Pakistan, State Bank introduces Prism Plus, while Governor State Bank Jamil Ahmed has said that with the launch …

PSX hits record high as benchmark index surges on last trading day

The Pakistan Stock Exchange continues to set records, with the index crossing the 150,000 mark today. According to the report, the Pakistan Stock Exchange also …

For the first time in the country’s history, about 50 percent of the ginning factories in the cotton belt of Punjab have become inactive due …

Karachi: The low bid for importing 200,000 metric tons of sugar into the country has been rejected and the high bid has been accepted. The …

Karachi: Governor State Bank Jamil Ahmed has said that the measures to bring inflation down from 11.8 to 3.2 percent were successful. The State Bank …

Dollar feeble as Trump's tax bill and tariffs weigh

Karachi: The rupee strengthened against the dollar in both foreign exchange markets today due to various factors. The ongoing economic reforms under the IMF program …

Aurangzeb calls blue economy a game changer for Pakistan's economy

Federal Finance Minister Muhammad Aurangzeb has said that the burden on the salaried class cannot be increased, tax rates will have to be increased, more …

IMF flags corruption as major obstacle to Pakistan's economic stability

The International Monetary Fund (IMF) has urged Pakistan to stop corruption in government contracts and abuse of public office in its Corruption Diagnostic Assessment Mission …

Asia’s richest man Mukesh Ambani, whose wealth is estimated at $98 billion, is the chairman and managing director of Reliance Industries. Surprisingly, he has been …

PSX hits record high as benchmark index surges on last trading day

Karachi: The Pakistan Stock Exchange witnessed a historic rally on the first day of the trading week, as a result of which the index reached …

The Federal Board of Revenue (FBR) has prepared strict rules for business people, while it has been made mandatory for sales tax registered people to …

In collaboration with DP World, SIFC is playing a key role in promoting digital trade. SIFC’s efforts have begun to prepare an effective platform for …

Karachi: The rupee has been steadily improving against the dollar, with the rupee increasing in the interbank and open markets on Friday as well. According …

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar has said that the government has achieved many successes in the economic field, now …

Karachi: The State Bank of Pakistan said that the government’s foreign exchange reserves have decreased by $72 million during the past week. According to the …

PSX hits record high as benchmark index surges on last trading day

Karachi: The Pakistan Stock Exchange is witnessing a record rally today and the index has touched a new high. The KSE 100 Index has reached …

Islamabad: During the last fiscal year, the federal government’s net income was recorded at Rs 9,946 billion, while government expenditure reached Rs 17,036 billion. During …

PSX hits record high as benchmark index surges on last trading day

Islamabad:The bourse continued its bullish momentum on Wednesday, driven by institutional liquidity, remittance incentive payouts, and investor optimism across key sectors including oil and gas.The …

PSX hits record high as benchmark index surges on last trading day

Karachi: The Pakistan Stock Exchange is still witnessing a strong bullish trend today, as a result of which the index has set a new record. …

ISLAMABAD: Pakistan and Iran have agreed to further expand trade, border and mutual trust-based partnership to promote bilateral economic cooperation. Federal Minister for Commerce Jam …

Pakistan and Kyrgyzstan have agreed to enhance cooperation in crypto and blockchain. According to details, a high-level video conference was held between Minister of State …

Islamabad: Pakistan’s exports to the US are expected to increase by 20 percent after the US imposed a lower tariff on Pakistan. Ministry of Finance …

According to the State Bank of Pakistan, foreign exchange reserves have decreased by $153 million in a week due to external payments. According to Express …

SBP keeps policy rate unchanged at 11pc

The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 11 percent, disappointing investors and the business community who had anticipated …

Gold rises amid uncertainty over US tariff policies

Karachi: After a continuous increase in the price of gold, the decline has now continued and the price of gold was recorded in the bullion …

Gold falls on investor caution ahead of key US economic data

Karachi: The price of gold has increased by Rs 3,700 in the domestic bullion markets, after which one tola of gold has become Rs 364,900. …

Islamabad: A breakthrough is expected in the negotiations between Pakistan and the US regarding a bilateral trade agreement on the issue of tariffs, and in …

Gold falls on investor caution ahead of key US economic data

Gold prices recorded a major decline in global and local markets today. The price of gold per ounce in the international bullion market fell by …

Most main applicants travelling to the UK on study or work-related visas will no longer need a physical sticker visa in passports from today (15 …

Petrol price drops by Rs7.54 per litre for next fortnight

The trend of increasing crude oil prices in the global market is continuing, due to which the prices of petrol and diesel in the country …

LAHORE: The Central Core Committee of the United Business Group (UBG) held an important meeting on Saturday, during which several strategic leadership appointments were unanimously …

Gold edges lower on firmer dollar after strong US jobs data

Karachi: Gold prices have increased in global and local markets. According to Express, the price of gold per ounce in the international bullion market increased …

ISLAMABAD: A major scandal involving the legalization of smuggled vehicles through the customs auction system with the connivance of FBR officials has been revealed, for …

PSX gains over 1,300 points as bulls roar back

The Pakistan Stock Exchange (PSX) registered significant recovery a day after it lost 826 points due to profit-taking by investors. During intraday trading, the KSE-100 …

LAHORE: S. M. Tanveer, Patron-in-Chief United Business Group (UBG) has expressed concern over the imposition of a 16% sales tax on the rental of commercial …

The federal cabinet has taken a final decision to import 500,000 tons of sugar, while the Ministry of Food Security, Government of Pakistan, said that …

'Jurassic World Rebirth' bites off $318 million at the global box office

Dinosaur fatigue may be a theme in “Jurassic World Rebirth,” but moviegoing audiences don’t seem to have that reservation. The newest installment in the “Jurassic …

Leading global company Microsoft has decided to close its office in Pakistan and lay off employees. Media reports said that the global tech company has …

Weekly inflation inches up by 0.73pc, prices of key food items rise

Pakistan Bureau of Statistics (PBS) has released its weekly inflation report, showing a 0.73 per cent increase in the overall inflation rate over the past …

Auto prices soar as new budget taxes kick in

In response to the carbon levy and increased sales tax introduced in the 2025-26 federal budget, several automobile manufacturers in Pakistan have started transferring the …

Trump says the US 'pretty much' has a deal on TikTok

New yark :US President Donald Trump said on Friday the United States “pretty much” has a deal on the sale of the TikTok short-video app.Last …

Gold falls on investor caution ahead of key US economic data

Karachi: As the price of gold per ounce in the international bullion market fell by $15 to $3,335, the trend of gold prices declining again …

PSX surpasses 189,000 mark on optimism over potential policy rate cut

Rachi: The Pakistan Stock Exchange is witnessing a strong bullish trend for the second consecutive day today, as a result of which the index was …

PSX plunges over 2,100 points in early trade amid heavy selling pressure

KARACHI – The Pakistan Stock Exchange (PSX) on Friday continued its bullish momentum amid stablising foreign exchange reserves and optimism about budget for new fiscal …

IMF board to review Pakistan programme on Dec 8

The federal government has failed to get approval from the International Monetary Fund (IMF) for a plan to provide 2,000 megawatts of electricity at subsidised …

PSX plunges over 2,100 points in early trade amid heavy selling pressure

The Pakistan Stock Exchange (PSX) maintained its record-breaking rally on Thursday amid aggressive buying and wave of new fiscal year optimism. During the intraday trading, …

According to the State Bank of Pakistan (SBP), foreign exchange reserves increased by $5.12 billion during the fiscal year 2024-2025. According to the State Bank …

With the implementation of the Finance Act 2025, taxes and duties on 7,000 items including imported milk, yogurt, cheese, fruits have been reduced. According to …

Dollar feeble as Trump's tax bill and tariffs weigh

The U.S. dollar languished at its weakest against the euro since September 2021 on Tuesday, as President Donald Trump’s spending bill stoked fiscal worries and …

Transport alliance announces 4pc fare rise after hike in petroleum prices

 Following the recent hike in petroleum prices, transporters have also jacked up fares across multiple routes, putting extra burden on commuters’ pockets. Fares for routes …

June inflation creeps up to 3.2pc amid budget tightening, IMF goals

Pakistan’s inflation rose by 3.2 per cent year-on-year in June, right in line with the finance ministry’s forecast of 3-4 per cent issued just a …

PSX begins new fiscal year with bang, jumps to fresh records

The Pakistan Stock Exchange (PSX) started the new fiscal year 2025-26 with bullish trend as investors welcomed China’s rollover of $3.4 billion commercial loan and …

Drama 'Mann Mast Malang' faces backlash over smoking scene

Drama ‘Mann Mast Malang’ is once again under fire, this time for depicting a woman smoking on screen — a move that has drawn sharp …

Dollar steady as Powell flags inflation risks; Mideast worries rise

The dollar held steady on Thursday, as investors weighed Federal Reserve Chair Jerome Powell’s cautionary tone on inflation, while the looming threat of a broader …

Oil set for second straight weekly drop as Iran risks recede

Oil prices slipped on Thursday as investors hesitated to take new positions after U.S. President Donald Trump gave mixed signals on the country’s potential involvement …

Gold prices tick up as Middle East tensions buoy demand

Gold prices gained on Thursday, as rising tensions in the Middle East buoyed demand for the safe-haven asset, although the U.S. Federal Reserve’s cautious stance …

PSX sees sharp fall after initial surge; KSE-100 index closes in negative zone

On the fourth day of the trading week, the Pakistan Stock Exchange (PSX) witnessed a strong rally at the start, with the KSE-100 index rising …

Google hits setback in bid to overturn multibillion EU antitrust fine in Android case

Google faced a big setback Thursday in its attempt to overturn a multibillion-dollar European Union antitrust penalty involving Android after a top court’s legal adviser …

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