KARACHI – The price of a single tola of 24-karat gold in domestic market touched all-time high level of Rs178,800 after registering an increase of Rs3,900 on Tuesday. The price of 10 grams of the yellow metal rose to Rs153,292 after an increase of Rs3,344. The commodity also registered gained ...

KARACHI: Gold once again shined in Pakistan with its price gaining nearly 1% even as the rupee continued to depreciate against the US dollar in both open and interbank markets. Data released by All Sindh Saraf Jewellers Association (ASSJA) showed that gold prices in the local market declined by ...

*WASHINGTON: Pakistan’s Ambassador to the United States, Masood Khan has said that Pakistan’s exports to the US have marked a year-on-year rise, with a total volume of $9 billion at an annual growth rate of 35 percent.* In a statement issued by the embassy, the Pakistani envoy pointed out ...

The US dollar link Tuesday kept its domination in domestic markets as it gained 15 paisas increase against the Pakistani rupee link. There seemed no halt for the greenback’s rollercoaster ride as it sped to historic high link of Rs182.34 in the interbank trading after gaining 15 paisas. The ...

KARACHI: The State Bank of Pakistan taken Rs.251.05 billions of the market through mop up operations during 24-28 May 2021, while 2,410.3 billions were injected to maintain liquidity. SBP’s Domestic Markets and Monetary Management Department on Tuesday moped up Rs. 113 billions against 7 bids ...

A report titled ‘The Impact of COVID-19 on CAREC Aviation and Tourism’ that was released by the Asian Development Bank (ADB) revealed that while Pakistan had announced the value for COVID-19 economic stimulus packages as $5 billion, it did not have any aviation-specific benefits, where most ...

KARACHI: In a positive development, Pakistan gets big exports orders from Bangladesh after 15 years. Pakistan has received the first onion export order of more than 300 tons from Bangladesh after nearly 15 years of recess following an Indian ban on the vegetable’s outbound shipment to its ...

NEW DELHI - At this time sugarcane production is very high in Maharashtra and due to the low market price, last year's sugar is still in go-downs. Here is a ground report from Mumbai. Maharashtra has always seen a good sugar production. This time due to bumper sugarcane production it is expected ...

Dubai - Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long prided itself on its tax-free, cradle-to-grave welfare system. Saudi Arabia compounded the New Year blow for motorists with an unannounced hike of up to 127 percent in ...

KARACHI: In order to facilitate trade between Pakistan and Iran, State Bank of Pakistan (SBP) and Bank Markazi Jomhouri Islami Iran (BMJII) have devised a payment settlement mechanism to settle the trade transactions between the two countries. A statement issued here on Tuesday by the State ...