Economy
Pakistan Stock Exchange takes a significant dip in intra day trading
*KARACHI: Pakistan Stock Exchange (PSX) on Monday witnessed a decline of368 points with KSE-100 index trading below the 43,000-mark. *...
EconomyPakistan
State Bank of Pakistan announces policy rate
KARACHI – Pakistan’s central bank has kept the interest rate unchanged at15 percent, it was announced on Monday. The Monetary...
EconomyPakistan
Gold prices in Pakistan increased despite drop in International prices
*KARACHI: Amid a drop of $18 per ounce in the world market, the gold pricesin Pakistan on Monday recorded an...
EconomyPakistan
US dollar bounces back against Pakistani Rupee
The US dollar once again resumed its recovery trend against the Pakistanirupee and gained 65 paisas to reach Rs214 in...
EconomyPakistan
Electricity prices to be further increased by Rs 4.69 per unit
*ISLAMABAD: Electricity is likely to become more expensive as the CentralPower Purchasing Agency (CPPA) has filed an application with NEPRA...
EconomyPakistan
Pakistan accepts yer another demand from IMF for bailout package
ISLAMABAD – Finance Minister Miftah Ismail announced that the Pakistanigovernment was lifting the ban on the import of non-essential and...
EconomyPakistan
Federal Government mulls significant reduction in petroleum prices across country
Islamabad: The coalition government is expected to reduce the petroleumprices by up to Rs15 per litre, some media reports suggest....
EconomyPakistan
Pakistani Rupee makes significant gains against US dollar
*KARACHI: The greenback continued to shed value against rupee on Thursdayand traded at Rs219.38 in the interbank while the banks...
EconomyPakistan
Mini Budget: Federal Government to impose new taxes worth Rs 40 billion
*ISLAMABAD: Federal government has planned to bring another mini-budget tofetch Rs40 billion in taxes on fertilizer, sugar, tobacco and textileindustries.*...
Economy
Energy crisis in Pakistan deepens further
The energy crisis in Pakistan has deepened as the electricity shortfallwidened to over 6,800 megawatts, causing power outages of five...