Gold prices advanced in Pakistan on Thursday in line with increase in the international rate. The yellow metal was priced at Rs215,700 per tola after gaining Rs900 during the day. The 10-gram gold was sold at Rs184,928 after an increase of Rs772, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association مزید پڑھیں

The Pakistani rupee maintained its positive momentum against the US dollar, appreciating another 0.39% during the opening hours of trading in the inter-bank market on Tuesday. At 10:15am, the rupee was hovering at 299, an increase of Rs1.16, in the inter-bank market. On Monday, the rupee had strengthened 0.59% to settle at 301.16 in the مزید پڑھیں

The Pakistani rupee maintained its momentum against the US dollar, appreciating another 0.6% during trading in the inter-bank market. Rupee continued its appreciation run against the US dollar in the open market as well on Monday. At 2:15pm, the rupee was hovering at 301.10, an increase of Rs1.85, in the inter-bank market. During the previous مزید پڑھیں

Caretaker Energy Minister Muhammad Ali expressed hope that decision regarding relief in electricity bills will be taken by Monday. Speaking to a private news channel, Caretaker Energy Minister Muhammad Ali said that proposals for relief in electricity bills have been sent to the International Monetary Fund (IMF), it is hoped that a decision will be مزید پڑھیں

Following the directive of the Prime Minister of Pakistan Anwar-ul-Haq Kakar, a nationwide operation against electricity theft is underway in the country. The Federal Secretary in the Ministry of Energy Pakistan, Rashid Langrial, commented on the ongoing operation against electricity theft, stating that the crackdown has begun and this is just the beginning. He emphasized مزید پڑھیں

The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed an increase of 0.96 percent during the week ended on September 7, the Pakistan Bureau of Statistics (PBS) report showed Friday. The SPI for the week under review in the above-mentioned group was recorded at 279.87 points as compared to 277.21 points during the مزید پڑھیں

Pakistan Gasport is looking to buy a spot liquefied natural gas (LNG) cargo for November delivery, its chairman Iqbal Ahmed told Reuters on Thursday, which would be the country’s first spot LNG deal since June 2022. The country, facing a severe economic and foreign exchange crisis, has struggled to purchase the super-chilled fuel following a مزید پڑھیں

A delegation of the World Bank on Thursday called on caretaker Minister for Information Technology and Telecommunication Dr Umar Saif in Islamabad. Matters of mutual interest, bilateral issues, the “Digital Economy Enhancement Project” and other matters were discussed in the meeting. Speaking on the occasion, Dr Saif said the project would interlink all the government’s مزید پڑھیں

To offset the effects of the energy crisis, the caretaker government has mandated energy-saving measures such as closing all malls and marketplaces at sunset. Under the ‘energy saving plan,’ the previous Shehbaz government also announced the closure of markets across the country by 8 p.m. On June 6, the former federal minister made the revelation مزید پڑھیں

The Pakistani rupee strengthened further against the US dollar to settle at 304.94 in the inter-bank market on Thursday. At close, the rupee was up Rs2.04 or 0.67%, as per the State Bank of Pakistan (SBP). On Wednesday, the rupee witnessed a slight recovery against the US dollar to settle at 306.98, an appreciation of مزید پڑھیں