Business & Economy news
—File photo As the global financial crisis deepened, American banks began preparing for mass layoffs. Millions of layoffs are expected in the U.S. banking sector due to declining revenue and pressure from investment banks to cut costs, according to a foreign news agency. According to media reports, those banks will be affected where there has…
The price of gold per ounce decreased by 2 dollars in the international market while the price of gold per tola in Pakistan increased by 1200 rupees. The price of gold per ounce decreased by 2 dollars in the international bullion market, and in the international market The price of gold per ounce rose to…
symbolic: file The price of gold per tola in the country has increased by Rs 1200 today. According to All Pakistan Gems and Jewelers Association, after this increase, the price of gold per tola in the country has become Rs 1 lakh 87 thousand 200. Similarly, the price of 10 grams of gold has increased…
According to the Institute of Statistics, the rate of inflation in the country has reached 32% this week. According to the Bureau of Statistics, the prices of 23 essential items have increased during the recent week. In the weekly report, the statistics agency said that onion became expensive by Rs 8 per kg, ghee by…
File photo An increase in the price of bread and bread has been announced in Lahore from yesterday. Waheed Abbasi, senior vice president of United Non-Roti Association, has said that roti will be sold at Rs 16 and naan at Rs 30. Waheed Abbasi has said that an 80 kg bag of fine flour is…
The delegation of the International Monetary Fund (IMF) will visit Pakistan at the end of January. According to the sources of the Ministry of Finance, the IMF will inform the schedule of its delegation’s visit to Pakistan early next week. During the visit, he will meet officials of various departments. Sources say that the IMF…
The government has issued a notification to change the interest rate of Naya Pakistan Certificate. According to the notification, the rate of return on investment in Naya Pakistan certificate has been changed, the minimum investment in the certificate will be 1 thousand US dollars. According to the announcement, investment in Naya Pakistan certificate can be…
Banks have refused to open petrol import LCs of oil companies. Industry sources revealed that banks have refused to open petrol import LCs of oil companies. According to industry sources, petrol is coming from 2 ships, after that there will be no petrol import. According to sources, if LCs are not opened by banks, there…
The price of gold has increased by Rs 700 per tola in the country today. According to All Pakistan Sarafa Gems and Jewelers Association, after the increase of Rs 700, the price of gold per tola in the country is Rs 1 lakh 86 thousand. Similarly, the price of 10 grams of gold is 1…
The US dollar crossed Rs 229 at the interbank level against the Pakistani rupee. The US dollar gained further in early trading this morning. The dollar has become 229 rupees 25 paise after becoming expensive by 10 paisa in interbank. On the other hand, the dollar has become 240 rupees after becoming expensive by 50…
