Iconic photo The price of gold is on the rise, where even today the price of gold per tola in the country has increased by 6 and a half thousand rupees. According to All Pakistan Gems and Jewelers Association, after an increase of Rs 6,500, the price of gold per tola in the country has…
The 100 index fell 396 points after gaining nearly 2,500 points in the first four days of the business week. 100 index at close of business is 40 thousand 450. The index remained in the band of 691 points during the business day and 2960 points during the business week. Today the market business was…
Karachi Wholesale Grocers Association has said that wholesalers have 15 days stock of pulses. According to the statement, Chairman Wholesale Grocers Abdul Rauf Ibrahim says that despite increasing the dollar rate, the containers of pulses are not being cleared. Abdul Rauf Ibrahim said that banks are not following the orders of priority for food items,…
After yesterday’s sharp increase in the price of gold in the country, there has been a big increase today, after which the price of one tola of gold has crossed 2 lakh rupees. According to All Pakistan Gems and Jewelers Association, the price of gold per tola increased by Rs 7000 today. After this increase,…
Leader of Pakistan Tehreek-e-Insaf (PTI), former finance minister Shaukat Tareen says that Miftah Ismail and Ishaq Dar lied to the nation, Miftah Ismail has become oppressed when he was expelled. While holding a press conference with PTI leader Asad Umar in Lahore, Shaukat Tareen said that Shaukat Tareen has raised a loan of 4.5 trillion…
—File photo The Pakistan Business Council (PBC) says that the immediate arrival of the IMF team and the possible launch of the program are welcome. The statement issued by the Pakistan Business Council said that we should discuss increasing the duration and volume of the IMF program. The declaration states that the current program of…
The IMF review mission will arrive in Pakistan on January 31 and talks between Pakistan and the International Monetary Fund will begin from January 31. The Ministry of Finance has released the schedule of talks with the International Monetary Fund (IMF). Sources in the Ministry of Finance say that the talks between the Pakistani delegation…
File photo Foreign exchange reserves of the State Bank of Pakistan fell to a nine-year low. Foreign exchange reserves stood at $9.45 billion as of January 20, a decline of $990 million in the week ended January 20. Reserves of State Bank decreased by 920 million dollars to 3.67 billion dollars. Deposits of commercial banks…
The Finance Ministry has started preparations to present the budget for the upcoming financial year 2023-24 in the first week of June. The federal government has started the budgeting process for the upcoming financial year 2023-24 and has invited budget proposals from all relevant stakeholders as well as FBR field formations. Apart from this, the…
Implementation of International Monetary Fund (IMF) conditions has restored investors’ confidence. The PSX 100 index was positive for the fourth straight day of the business week. The index has closed at 40 thousand 846 with an increase of 1 thousand 61 points. In the four days of this business week, the 100 index has increased…
