Price of 1 tola gold is Rs. 202,500
KARACHI: As rupee is depreciating against US dollars, for the first time in the history of Pakistan the price of 1 tola (24 carat) gold has surpassed the threshold of…
KARACHI: As rupee is depreciating against US dollars, for the first time in the history of Pakistan the price of 1 tola (24 carat) gold has surpassed the threshold of…
MUMBAI: Trading in the business empire of Asia's richest man Gautam Adani was halted Friday (27th of Jan 2023) following a 15 percent plunge in its share price, days after…
ISLAMABAD: Chief Justice of Pakistan Justice Umar Ata Bandial on Thursday (26th January, 2023) remarked that this was an admitted fact in Pakistan and internationally that business activities were not…
LONDON: Shares in Paris, Frankfurt and London closed higher, with Wall Street stocks also gaining. US gross domestic product exceeded expectations to rise at an annual rate of 2.9 percent…
KARACHI: Pak Rupee that further depreciated (9.61%) on Thursday (26th of Jan 2023) against the US $ was available in the interbank market for Rs. 255.43. Nevertheless, the sellers demanded…
ISLAMABAD: State Bank of Pakistan on Monday (22nd of Jan 2023) announced to increase the interest rate by one percent to 17pc. sbp This was announced by (SBP) Governor Jameel…
KARACHI: Byram Dinshawji Avari, who was lovingly called Baba by his workers, passed away on Sunday (22nd day of January, 2023) here at the age of 81. Karachi-based entrepreneur Byram…
NEW YORK: Global Markets rebounded on Friday (20th of Jan, 2-23) after a rocky week dominated by uncertainty over whether the global economy will suffer recession this year as central…
BEIJING: FM Bilawal Bhutto Zardari said that the bilateral trade relationship with China is expected to flourish further. FM expressed this while talking to Xinhua at the World Economic Forum,…
PARIS: Google's announcement Friday (20th of Jan 2023) it would slash 12,000 jobs worldwide is the latest in a series of mass layoffs in the once-unassailable tech sector, which is…
KARACHI: Talking to journalist after visiting the Dow University of Health Sciences (DUHS) here, he said Karachi was an economic hub of the country and the Karachiites had rejected the…
ISLAMABAD: Russian Energy Minister Nikolay Shulginov has stated here on Friday (20th of Jan 2023) that his country would export crude oil to Pakistan against payments made in currencies of…
ISLAMABAD: Minister for Economic Affairs, Sardar Ayaz Sadiq said here on Friday (20th of Jan 2023) that the 8th Intergovernmental Commission (IGC) would lay foundation of a ‘new relationship’ between…
LONDON: World stocks mostly slid Thursday (29 Jan 2023) after disappointing US data renewed worries about a global recession later this year. New year optimism on trading floors has taken…
SAN FRANCISCO: A Twitter bird statue fetched $100,000 on Wednesday as Elon Musk auctioned off furniture, decorations, kitchen equipment and more from the tech firm's downtown San Francisco headquarters. An…
WASHINGTON: The United States wants to see Pakistan in an economically sustainable position, State Department spokesperson Ned Price has said, noting that Islamabad was in negotiations with the International Monetary…
BEIJING: Pakistan looks to enhancing cooperation with China on high-yield, climate-resilient cotton varieties, said Javed Hassan, Cotton Advisor of the All Pakistan Textile Mills Association (APTMA). "In the past ten…
ISLAMABAD: President Dr Arif Alvi on Tuesday (17th of Jan 2023) stressed enhancing bilateral trade with China, which currently stood at $27.8 billion, and said the strengthening of businesses could…
HONG KONG: Markets mostly rose in Asia on Monday, following another rally on Wall Street fuelled by optimism over the world economy as inflation slows and China reopens to the…
KARACHI: President Dr. Arif Alvi has said that the adaptation of latest technology and cyber-security were significant to overcome financial crimes. He said that a law had to be made…
LONDON: Europe and US stock markets rose Thursday as investors digested data showing a softening of US consumer inflation, potentially giving the Federal Reserve room to slow its interest rate…
ISLAMABAD: Saudi Arabia has revived Pakistan’s pre-pandemic Hajj quota of 179,210 pilgrims with the draft of annual Hajj agreement removing the upper age limit of 65 years. The Ministry of…
LAHORE: The LHC on Tuesday (10th of Jan 2023) stayed implementation on the Lahore Master Plan 2050 till further orders. Justice Shahid Karim passed the orders while hearing a petition…
ISLAMABAD: The World Bank in its latest report has forecast Pakistan's real Gross Domestic Product (GDP) to grow at 2.0% in the fiscal year 2022-23 (FY23) that is same as…