Tomatoes cheaper by 27.65%, potatoes up 3.13% as 19 essential items become costlier Major increase were recorded in the prices of electricity charges for the first quarter (54.02%), LPG (50.68%), petrol (44.10%), diesel (36.76%), wheat flour (36.06%), onions (31.89%) and tomatoes (23.46%). Photo: file KARACHI: The Sensitive Price Indicator (SPI) has jumped sharply by 13.98%…
US president’s use of 1977 act to impose tariffs was struck down by Supreme Court in February A view of the US Supreme Court in Washington, US June 29, 2024. Photo: Reuters The United States government has begun the unprecedented task of refunding more than $166 billion in tariffs after a landmark ruling by the…
KARACHI: Gold prices in Pakistan declined on Friday, diverging from gains in the international market, where the precious metal edged higher but remained on track for its first weekly loss in five weeks amid persistent inflationary concerns and geopolitical uncertainty. In the local market, the price of gold per tola fell by Rs2,900 to settle…
Peshawar cultural hub hosts hockey legends as they push for bilateral sports series PESHAWAR: Pakistan’s renowned former hockey Olympian Samiullah Khan, famously known as the ‘Flying Horse’, declared on Saturday that the Pakistan-China friendship is “everlasting” and admired worldwide. He made these remarks during a visit to the China Window, a Chinese cultural centre established…
Gazans, who are struggling to meet their basic needs in the devastated enclave, welcome the opportunity to vote A Palestinian woman votes during the municipal election at a polling station in Deir al-Balah, central Gaza. PHOTO: REUTERS Palestinians voted in local elections on Saturday that, for the first time in two decades, include Gaza and…
KARACHI: Gold and silver prices rebounded in both international and local markets on Saturday, snapping a five-day losing streak as global bullion rates shifted back into positive territory. In the international bullion market, the price of gold per ounce rose by $23, reaching $4,708. Consequently, the impact was felt in local markets across Pakistan. According to…
Says Türkiye is in almost daily contact with all parties involved in the negotiations Turkish Foreign Minister Hakan Fidan. PHOTO: Anadolu Agency Turkish Foreign Minister Hakan Fidan said on Saturday that he believed key sticking points in US negotiations with Iran over nuclear issues could soon be overcome, as diplomatic talks were set to resume during…
PLL, one of the public sector entities responsible for LNG imports, did not import any cargo last month The Pakistan LNG Limited (PLL) on Friday secured three bids at $17.997 to $18.88 per million British thermal units (mmBtu) for delivery of liquefied natural gas between April 27 and May 8, a day after it floated…
IBAN verification through SECP-notified entities will be accepted as a valid proof of identity under new framework ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed major amendments to the Anti-money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing (AML/CFT/CPF) Regulations, 2020 to strengthen anti-money laundering safeguards while enabling fully digital…
Says report suggests Pakistan could improve its ranking to 11 with further improvements in digital infrastructure Shaza also revealed that Chinese satellite internet firms, including Galaxy Space and Shanghai Space, have expressed interest in entering the Pakistani market. PHOTO: APP Pakistan ranks 16th out of 193 countries in the 2026 Global Outsourcing Talent Index by…