In the global market, the price of gold rose by $15 to $1,834 per ounce. The price of gold per tola in the country has decreased by Rs 200 today. According to All Pakistan Gems and Jewelers Association, the price of gold per tola has decreased by Rs 200 to Rs 197,500. According to the…
Karachi: According to the State Bank of Pakistan (ECP), remittances of $2 billion have been received during February 2023. According to ECP, remittances increased by 4.9% on monthly basis during February, while it decreased by 9.5% on annual basis. In addition, in the first eight months of FY23, remittances totaled 18 billion dollars. According to…
The federal government has imposed an additional surcharge of 3 rupees 39 paise per unit on electricity consumers. Power Division has issued an official notification of additional surcharge on electricity consumers. According to the notification, this surcharge will be charged from March to June 2023. According to the notification, the total surcharge will increase by…
Today was a positive day for business in Pakistan Stock Exchange (PSX). 100 index closed up 208 points at 41793. 100 index remained in a band of 316 points during the business day. 272.7 million shares were traded in the stock market today while the value of the business was 6 billion 77 crore rupees….
The National Electric Power Regulatory Authority (NEPRA) has given permission to collect Rs 55 billion from the consumers as deferred payments. On the request of the federal government, Nepra issued a notification regarding the recovery of 55 billion. According to the notification, domestic consumers of discos will be charged Rs 14 24 paise per unit….
Inflation increased further within a week. 29 essential items including potato, onion, tomato, flour, sugar and ghee became expensive. The overall weekly rate of inflation in the country reached the level of 42.27% with an increase of 1.37%. According to the data, tomato became more expensive by Rs 5 46 paise per kg, potato by…
32.4 million remittances came from the United Arab Emirates and 31.70 million dollars from the United Kingdom. Expatriates sent 2 billion dollars to Pakistan in February. According to the State Bank, February remittances were 4.9% higher than January this year, while workers’ remittances in January were 1.89 billion dollars. In February, Pakistanis living in Saudi…
The increase in inflation rate on annual basis reached 42.27%. Islamabad: The rate of increase in the rate of inflation in the country gained momentum. During the recent week, the rise in inflation hit a top gear and the inflation rate increased by another 1.37 percent during the week, while the increase in the inflation…
File photo In Sindh, flour is being sold at a high price even during the wheat harvest season, while there is also a problem of flour shortage in many areas of Karachi. Support price of wheat is Rs 100 per kg and raw wheat is Rs 116 per kg in the open market while clean…
Shoaib Sheikh was arrested by FIA yesterday: Photo: File Islamabad court granted 3-day physical remand of private TV channel owner Shoaib Sheikh. District and Sessions Court Islamabad Judicial Magistrate Umar Shabbir rejected the request of Shoaib Sheikh for 10 days physical remand on behalf of the prosecutor. The court had reserved its decision after the…
