Economy

ISLAMABAD – Federal Board of Revenue (FBR) has drafted key proposals aimed at providing much-needed tax relief to the salaried class in the upcoming federal budget for the fiscal year 2025-26. However, the approval of these measures…

KARACHI: On April 19, 2025, the US Dollar to Pakistani Rupee exchange rate was recorded at Rs 280.65 in the open market, with a selling rate of Rs 282.15. As per Interbank, the US Dollar to Pakistani Rupee interbank exchange rate is Rs…

KARACHI: According to the most recent information from the Karachi, Multan, and Lahore bullion markets, the price of one tola of 24-karat gold in Pakistan as of April 19, 2025, is Rs 357,900, while 22-karat gold is Rs 328,160 per 10g.…

Peshawar-(Special Correspondent/Webdesk)-Khyber Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur has served a legal notice on Federal Minister for Energy Ali Pervaiz Malik and a private television channel, demanding Rs1 billion in damages…

ISLAMABAD – Deceptive gimmick during the launch of compact SUV Tucson turned costly for Hyundai Nishat Motors. Competition Commission of Pakistan slapped Rs2.5 Crore penalty on Hyundai Nishat Motors for their deceptive advertising…

KARACHI – Gold price hits record high of Rs348,000 Per Tola in Pakistan amid continued global uncertainty and local market pressure. According to market data, the rate for 10 grams of 24K gold has also climbed sharply, standing at 298,353.…

ISLAMABAD: Pakistani currency market witnessed slight fluctuations across major foreign currencies as of the latest update. According to exchange dealers, the US Dollar was being bought at 280.55 and sold at 282.25, maintaining its strong…

WASHIGTON: In a dramatic escalation of the ongoing trade war, former U.S. President Donald Trump has signed an executive order imposing tariffs of up to 245% on Chinese imports. The move, announced by the White House, is a direct response…

ISLAMABAD – Chinese Ambassador Jiang Zaidong that the partnership between Pakistan and China is developing steadily and in a positive direction. The envoy highlighted importance of Prime Minister Shehbaz Sharif’s recent visit to Beijing,…