Gold price hit an all-time high of Rs110,900 per tola in the domestic market. Per tola and 10 gram price of yellow metal rose by Rs300 and Rs257 to reach Rs110,900 and Rs95,078, respectively. According to Reuters, gold prices in international market inched up today as escalating numbers of coronavirus cases around the world raised مزید پڑھیں

The Federal Board of Revenue (FBR) has decided to launch an aggressive campaign to attract developers/builders to avail the Prime Minister’s Amnesty Scheme for Construction Sector after it failed to get an impressive response. The FBR has decided encourage builders/developers to avail the scheme by registering themselves with it by the December 31, 2020 deadline. مزید پڑھیں

The United States dollar continued its gains against the rupee in the intraday trade as it rose by a further Rs0.32, According to forex dealers, the dollar gains 0.32 paisa and is currently trading at Rs167.65 against the domestic currency at the interbank foreign exchange market. Gold prices steadied to hold firm above the psychological مزید پڑھیں

The economy can face a tremendous setback if the circular debt in the power sector spirals out of control, increasing from Rs2,219 billion to Rs4,000 billion until 2025, said a study conducted by Engro Corporation. The study, titled ‘Fixing Pakistan’s Power Sector’ said that the power tariff in the year 2025 will rise by Rs5.1 مزید پڑھیں

The Ministry of National Health Services (NHS) has rejected reports that the government has approved an increase in prices of essential drugs. A spokesperson for the ministry said pharmaceutical companies have a right to annually jack up prices of drugs by seven to ten per cent without the government’s approval under Drug Pricing Policy 2018. مزید پڑھیں

The government will be using data collected for the Ehsaas Emergency Cash programme to identify the beneficiaries as they prepare to introduce a rationalized mechanism for the provision of power sector subsidies. According to a top finance ministry official, Pakistan has to share a tangible plan with International Monetary Fund (IMF) a plan for the مزید پڑھیں

The federal government on Friday transferred top hierarchy of the Federal Board of Revenue (FBR), for the second time in three months, but once again kept the decision of appointing a permanent FBR chairman open. The FBR issued transfer and posting orders for 12 officers, removing the ones who are not in good books of مزید پڑھیں

The United States (US) dollar gained 0.13 paisa against the Pakistani rupee in the interbank market. According to forex dealers, the greenback is currently trading at Rs166.80 against the domestic currency at the interbank foreign exchange market. The Aussie dollar was last down 0.3% at $0.6988, the kiwi NZD=D3 0.2% softer at $0.6557 and the مزید پڑھیں

Despite some signs of recovery, the global economy faces continued challenges, including the possibility of a second wave of COVID-19, and governments should keep their support programs in place, IMF chief Kristalina Georgieva said. Activity “has started to gradually strengthen… But we are not out of the woods yet,” Georgieva said in a message to مزید پڑھیں

The mill owners have increased the prices of flour up to Rs6 per kilogram after blaming the alleged hike in wheat prices in the market. The new rate of per kilogram flour has reached to Rs48. The price of 10-kilogram flour sack hiked to Rs545 and the new rates of 10-kilogram fine flour sack set مزید پڑھیں