Economy

ISLAMABAD – The Federal Board of Revenue (FBR) has introduced a regulatory framework to streamline arrests in tax fraud cases, in order to prevent misuse of such powers. This move comes in the wake of the nationwide traders’ strike on…

Amid roller coaster ride of currency exchange, US Dollar stays at Rs284.65 for buying and at Rs285.25 for selling. Euro stands at Rs328.80 for buying and Rs. 330.30 for selling, while UK Pound Sterling is trading at Rs377.20 for buying and…

ISLAMABAD – Gold rates in Pakistan witnessed surge at the start of the week and the price of 24-karat gold per tola stayed at Rs. 359,500, while rate for 10 grams of 24-karat gold climbed to Rs308,213. Gold Rates in Pakistan Today…

ISLAMABAD: — In a landmark move to strengthen regional connectivity and maritime trade, Pakistan has issued its first-ever international ferry service license to Sea Keepers Private Limited, a global marine engineering and logistics firm.…

KARACHI – Amid soaring electricity costs and in bid to push for clean energy, Sindh government announced relief offer, offering free solar systems to domestic electricity consumers using up to 100 units per month. The initiative led by the…

Federal Minister for Commerce Jam Kamal Khan met with the High Commissioner of Bangladesh to Pakistan, Md. Iqbal Hussain Khan, to explore deeper bilateral cooperation in trade, energy, logistics, and industrial linkages. During the…

Pakistan’s annual inflation rose to 4.1% in July, up from 3.2% a month earlier, due to surging costs of food, fuel and medicines. July's consumer price inflation month-on-month was 2.9%, the bureau said. The higher inflation reading…

ISLAMABAD (News Desk) - The Competition Commission of Pakistan (CCP) has rescheduled the rehearing of the high-profile sugar cartelization case against the Pakistan Sugar Mills Association (PSMA) and its member mills. The decision comes…

KARACHI – Pakistan Stock Exchange (PSX) advanced its bullish run on first day of the week, with benchmark KSE-100 Index gaining over 1,000 points in early trading. The strong rally comes in aftermath of strong investor sentiment backed by…