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Category: Business

Reduction in the price of gold per tola in the country by 1750 rupees
  • Business

Reduction in the price of gold per tola in the country by 1750 rupees

PNP DeskJune 12, 2023September 13, 202402 mins

Iconic photo Today, the price of gold per tola in the country decreased by Rs 1750. According to All Pakistan Gems and Jewelers Association, after this reduction, the price of gold per tola in the country is 2 lakh 25 thousand 500 rupees. Similarly, the price of 10 grams of gold is Rs 1 lakh…

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State Bank's decision to maintain interest rate at 21 percent
  • Business

State Bank’s decision to maintain interest rate at 21 percent

PNP DeskJune 12, 2023September 13, 202403 mins

The Monetary Policy Committee of the State Bank of Pakistan (SBP) has decided to maintain the interest rate at 21 percent. According to the SBP statement, inflation data for April and May are in line with expectations, inflation expectations are coming down. According to the statement, domestic demand will continue to be under pressure due…

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There is no intention to freeze foreign currency accounts in the country: Ayesha Ghospasha
  • Business

There is no intention to freeze foreign currency accounts in the country: Ayesha Ghospasha

PNP DeskJune 12, 2023September 13, 202403 mins

Minister of State for Finance Ayesha Ghos Pasha – file photo Minister of State for Finance Ayesha Ghos Pasha has said that there is no intention to freeze foreign currency accounts in the country. While talking to the media, Minister of State for Finance Ayesha Ghos Pasha has said that there is no proposal to…

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3 years imprisonment for smuggling up to Rs 1 crore is too much: Sadia Abbasi
  • Business

3 years imprisonment for smuggling up to Rs 1 crore is too much: Sadia Abbasi

PNP DeskJune 12, 2023September 13, 202403 mins

Senator Sadia Abbasi—File photo Senator Sadia Abbasi says that 3 years imprisonment for smuggling up to 1 crore rupees is too much. He said this in the meeting of Senate Standing Committee on Finance chaired by Senator Salim Mandviwala. On this occasion, Chairman FBR while replying to Senator Sadia Abbasi said that he has tried…

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Plan to make Gwadar duty free
  • Business

Plan to make Gwadar duty free

PNP DeskJune 12, 2023September 13, 202402 mins

—File photo A plan was prepared to make Gwadar district of Balochistan duty free. Sources say in this regard that there is a possibility of income tax exemption and import duty free on business in Gwadar. Sources have further informed that Prime Minister Shahbaz Sharif is expected to announce the creation of a duty free…

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Saving the country from default after devastating floods is a big achievement: Ayesha Ghospasha
  • Business

Saving the country from default after devastating floods is a big achievement: Ayesha Ghospasha

PNP DeskJune 12, 2023September 13, 202404 mins

Minister of State for Finance Ayesha Ghos Pasha – file photo Minister of State for Finance Ayesha Ghos Pasha says that it is a great achievement to save the country from default after the disastrous floods, and very important steps have been taken for the development of agriculture in the next financial year. He said…

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Govt should have found new tax payers: Mohsin Aziz
  • Business

Govt should have found new tax payers: Mohsin Aziz

PNP DeskJune 12, 2023September 13, 202403 mins

Senator Mohsin Aziz—file photo Senator Mohsin Aziz says that the tax collection will hardly go to 7200 billion rupees, the government should have found new tax payers. He said this in the meeting of Senate Standing Committee on Finance chaired by Senator Salim Mandviwala. He says that we do not see any plan for the…

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The work of extracting crude oil from the ship from Russia has started
  • Business

The work of extracting crude oil from the ship from Russia has started

PNP DeskJune 12, 2023September 13, 202402 mins

The work of extracting crude oil from the ship from Russia started. According to Pakistan Refinery sources, 3 thousand tons of oil will be transferred to Pakistan Refinery from the ship. Sources say that the transfer of Russian crude oil from Pure Point will be completed tomorrow. It should be noted that the first Russian…

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In the coming days, the oil prices will be affected, the people will get relief, Mossadegh Malik
  • Business

In the coming days, the oil prices will be affected, the people will get relief, Mossadegh Malik

PNP DeskJune 12, 2023September 13, 202403 mins

File photo Minister of State for Petroleum Mossadegh Malik has said that after the arrival of Russian oil in Pakistan, oil prices will be affected in the coming days and people will get relief. Speaking in Geo News program Geo Pakistan, Mossadegh Malik said that there is a contract for 100,000 tons of oil from…

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The dollar is a few paise more expensive in interbank
  • Business

The dollar is a few paise more expensive in interbank

PNP DeskJune 12, 2023September 13, 202402 mins

—File photo Today, on the first day of the business week, the US dollar has tried to increase its value by gaining a few paise. The dollar became 287 rupees after becoming expensive by 7 paise in interbank. At the end of the last business week, the dollar closed at 286 rupees 93 paise in…

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About PNP

Press Network of Pakistan (PNP), registered with the Government of Pakistan since January 2011, is an Islamabad-based global newswire service that takes pride about its unbiased news reporting both in English and Urdu languages.

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