Economy

KARACHI – Foreign exchange rates in open market shows stability in major global currencies on Monday, with US dollar, euro, British pound, UAE dirham and Saudi riyal trading at firm levels, according to currency dealers. US Dollar was…

KARACHI – Gold prices in Pakistan moved down by Rs4,700 per tola, and per Tola bullion staying at Rs455,562. The sell-off was equally brutal in the 10-gram category, where gold shed Rs4,030 to close at Rs390,570, according to the latest…

WASHINGTON: The United States spent approximately $137.3 billion on Afghanistan’s reconstruction over two decades, according to the final report released by the US Special Inspector General for Afghanistan Reconstruction (SIGAR) covering…

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Sohail Afridi has announced that the province will supply low-cost electricity to industries through its own power generation projects, aiming to promote industrial growth and economic stability.…

Islamabad (News Desk): Global digital operator VEON Group has announced an investment of USD 20 million in Mobilink Bank to support its growth and digital Islamic banking expansion in Pakistan. The investment builds on USD 15 million…

KARACHI: The Sui Southern Gas Company (SSGC) has announced a complete shutdown of gas supply in Karachi for 48 hours due to a severe shortage in its system. According to an SSGC spokesperson, gas supply in the city will be suspended from…

ISLAMABAD: Pakistan Stock Exchange (PSX) has set a new milestone at the beginning of the New Year as its total market capitalization crossed Rs20 trillion on Saturday, driven by the growing number of high-value listed companies. Currently,…

Gold registered significant recovery in domestic market of Pakistan, ending four-day losing streak on Friday. Data shared by All Pakistan Gems and Jewellers Association showed per tola gold price surged by Rs5,700 to reach Rs460,262.…

Finance Minister Muhammad Aurangzeb on Monday lauded the Federal Board of Revenue (FBR) for achieving what he described as a historic level of tax collection in December 2025, calling it a clear sign of the success of the government’s…