Economy
US dollar decreases further against Pakistani Rupee
KARACHI – The dollar price further decreased by Rs1.79 in the interbankmarket, closing at Rs232.12 on Wednesday. In the open...
Economy
Pakistan to get 1.5 billion grant from international financial institution
MANILA, PHILIPPINES – The Asian Development Bank (ADB) has announced togive US$1. 5 billion to deal with the issues of...
EconomyPakistan
Pakistan’s dollar bonds faces a blow with statement of new finance minister
Pakistan’s dollar bonds fell on Wednesday after Ishaq Dar hinted atslashing interest rates on the very first day of taking...
EconomyPakistan
Gold prices in Pakistan register massive decline
*KARACHI: The gold prices continued a downward trend in Pakistan as pertola price of the precious yellow metal decreased by...
EconomyPakistan
Petroleum prices to significantly increase across Pakistan on IMF demand
The federal government is not looking to impose the general sales tax (GST)on petroleum products, however, the petroleum development levy...
EconomyPakistan
Gold prices in Pakistan decline significantly
*KARACHI: Gold prices witnessed a decline in Pakistan as per tola price ofprecious yellow metal plunged by Rs850 on Friday,...
Economy
FBR allows top Army Generals to import tax free bullet proof vehicles after retirement
The Federal Board of Revenue (FBR) has allowed senior army officials toimport duty and tax-free bulletproof vehicles, up to 6,000cc,...
EconomyPakistan
Saudi Arabia takes big decision on 3 billion deposits in State Bank of Pakistan
KARACHI – Saudi Arabia has agreed to extend a $3 billion deposit currentlyparked in the State Bank of Pakistan (SBP)...
EconomyPakistan
Federal Government gives yet another big electric shock
ISLAMABAD – The power tariff on Monday was increased by Rs4.34 per unit, inyet another electric shock to the Pakistanis...