A single tola of 24-karat gold in Pakistan was sold at Rs110,500 on Tuesday at the closing of trading in the bullion market after the price of the precious metal decreased by Rs2350 during the intra-day trading. Likewise, 10 grams of 24k gold was sold at Rs94,736 at the closing of trading. Meanwhile, 10 grams مزید پڑھیں

The State Bank of Pakistan (SBP) announced its bi-monthly monetary policy on Monday and decided to maintain its policy rate at 7%, according to a statement issued by the bank. The Monetary Policy Committee (MPC) noted that since its last meeting in September 2020, domestic recovery has gradually gained traction in line with expectations for مزید پڑھیں

Federal Minister for Planning and Development Asad Umar and Sindh Governor Imran Ismail on Saturday performed the groundbreaking of the extension project of Karachi’s Green Line BRT. Taking to Twitter, the federal minister said that the Green Line extension project will start from Mazar-e- Quaid and will end at Tower, Karachi. “The BRT extension project مزید پڑھیں

Pakistan’s rank on trading across border index jumped by 28 places in 2020 mainly due to considerably improved implementation of several measures under the Trade Facilitation Agreement (TFA) contributing to Ease of Doing Business. The Geneva-based World Trade Organisation’s TFA implementation level reached to 79 per cent in November 2020 from 34pc in June, 2018, مزید پڑھیں

The State Bank of Pakistan (SBP) estimated that Pakistan’s real GDP has contracted by 0.4% in the fiscal year 2019-20, making it the first time since the fiscal year 1951-52 that the country recorded a negative economic growth. The central bank, in its annual report on the state of Pakistan’s economy fiscal year 2019-20, said مزید پڑھیں

Boeing won approval on Wednesday from the US Federal Aviation Administration to fly its 737 MAX jet again after two fatal crashes that triggered two years of regulatory scrutiny and corporate upheaval. The FAA detailed software upgrades and training changes Boeing must make in order for it to resume commercial flights after a 20-month grounding, مزید پڑھیں

National Electric Power Regulatory Authority has approved a blueprint to introduce competition in the power market which is likely to distribute energy on competitive price. NEPRA has given go-ahead to Competitive Trading Bilateral Contracts Market (CTBCM) which according to the regulatory body, is the development of the wholesale competitive electricity market. According to the details, مزید پڑھیں

Prime Minister Imran Khan on Tuesday announced a package under which small and medium enterprises as well as the industrial sector in general will be able to benefit from reduced energy costs. The prime minister said that starting November 1, the additional electricity used by SMEs up to June 30, 2021, will be sold at مزید پڑھیں

Pakistan’s pharmaceutical exports rose by 22.6 per cent in the first quarter of the current fiscal year, Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said on Monday. He tweeted: “Alhamdolillah, I am glad to share that our Pharmaceutical exports have gotten off to a good start this year. In value مزید پڑھیں

Fuel prices for November have been announced by the Ministry of Energy and Minerals Oman on Saturday, according to Times of Oman. An official from the Ministry of Energy and Minerals confirmed to Times of Oman that the fuel prices for November 2020 as below: M95 at 194 baisa per litre, the price of M91 مزید پڑھیں