ISLAMABAD: The National Assembly’s standing committee on national food security and research sought the intervention of Prime Minister Shehbaz Sharif for resolution of potato crop crisis and requesti
ISLAMABAD: The government may have to increase the tax on petrol again if it were to minimise the estimated Rs10 per litre hike in diesel prices later this week to keep inflation in check. Informed sources said benchmark crude prices had
KARACHI: Equity prices fell like ninepins on Thursday as the PakÂistan Stock Exchange (PSX) came under intense selling pressure, driven by escalating geopolitical tensions and a negative corporate earnings surprise that unnerved investors.
ISLAMABAD: The Supreme Court on Thursday ruled that audit observations by the Auditor General of Pakistan against government entities of the federal or provincial governments cannot be used by tax authorities to initiate audit proceedings against
Pakistan’s benchmark KSE-100 index remained under pressure on Thursday, closing in the red at 182,338.12 points, a sharp slip of 6042.26 points, or 3.21 per cent, from its previous close of 18
Oil prices rose 1.5 per cent on Thursday, extending gains for a third day, on increasing concerns the US may carry out a military attack on key Middle Eastern producer Iran that could disrupt supply from the region. Brent crude futures rose
Pakistan’s benchmark KSE-100 index remained under pressure during intraday trading today, slipping sharply. At 2:25pm PST, the index was trading at 182,248.85 points, down 6131.53 points, or 3.25 per cent, from its
Pakistan’s benchmark KSE-100 index remained under pressure during early intraday trading today, slipping sharply. At 11:05am PST, the index was trading at 186,658.35 points, down 1,722.03 points, or 0.91 per cent, from its
India’s gold demand is likely to fall in 2026 following a drop of 11 per cent last year, as a surge in prices dampens jewellery sales and offsets an uptick in investment buying, the World Gold Council (WGC) said on Thursday. Demand for gold
ISLAMABAD: Amid the alleged waste of public funds on managing imported wheat stocks since 2021-22, the Economic Coordination Committee (ECC) of the Cabinet on Wednesday decided to offload 800,000 tonnes of wheat — less than half of the total stock
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday challenged the Power Division’s circular debt report, calling it technical adjustments, accounting reclassifications, and changing goal posts without a ma
ISLAMABAD: Amid the government’s narrative of returning to macroeconomic stability, the country’s textile exporters upped the ante against uncompetitive energy costs, high tax rates and challenging financial costs and demanded broad-based fiscal s
KARACHI: Gold prices skyrocketed on Wednesday, with the 10-gram and one-tola rates surging by single-day record rally of Rs18,090 and Rs21,100, respectively, to Rs472,961 and Rs551,662. The All Pakistan Sarafa Gems and Jewellers Associatio