Following international market trends, gold prices increase in Pakistan by Rs 15,700 At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY Gold prices climbed to a nearly three-week high on Wednesday as markets reassessed near-term risks after US President Donald Trump agreed to suspend bombings and attacks on Iran for two…
US officials have indicated they hope the Section 301 investigations will be completed before that deadline. PHOTO: PEXELS ISLAMABAD: A meeting was held between the Member of the Board – Minister in charge of Trade of the Eurasian Economic Commission, Andrey Slepnev, and the Federal Minister for Commerce, Jam Kamal Khan, in a videoconference format….
KARACHI: Gold prices in Pakistan declined on Tuesday, tracking a subdued trend in the international market, as investors remained cautious ahead of a key geopolitical deadline set by Donald Trump regarding Iran and the Strait of Hormuz. In the local market, the price of gold per tola dropped by Rs3,000 to settle at Rs488,462. Similarly,…
Since July 22, numerous unauthorised exchange outlets have been closed after the military intelligence agency summoned currency dealers to address the rising dollar rate in the open market. photo: file ISLAMABAD: Pakistan’s oil marketing companies (OMCs) are facing an acute liquidity crisis as up to Rs107 billion in unpaid price differential claims (PDCs) remains stuck,…
It will allow investors to earn returns while supporting businesses and projects that meet certain standards ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed the launch of environmental, social and governance (ESG) mutual funds to promote sustainable investment and offer new opportunities to investors. The proposed ESG funds will allow investors to…
Cabinet told diesel stocks provide 25 days cover as Ogra dashboard faces reporting shortfall ISLAMABAD: The Cabinet Committee to Monitor Petrol Prices met on Monday under the chairmanship of the Federal Minister for Finance and RevenueMuhammad Aurangzeb to review the petroleum supply situation and market conditions following the recent price adjustment, according to a statement…
KARACHI: The Pakistan Stock Exchange (PSX) experienced a turbulent start to the week on Monday, as the benchmark KSE-100 index came under pressure amid geopolitical tensions and uncertainty in global markets, keeping investors cautious. In the morning, trading kicked off in a tense environment and by 11:34 am, the index lost 2,371 points (1.58%). A…
Pakistan faces rising fuel costs due to imports; govt balances price hikes with targeted subsidies and relief measures KARACHI: Fuel price increases in Pakistan almost always trigger a strong public reaction. That response is understandable, given the direct impact on household budgets. But these recurring adjustments, and the policy responses that follow, are best understood…
The International Monetary Fund (IMF) has imposed a new condition to ensure integrity and transparency in the appointment of the chairman of the National Accountability Bureau (NAB), making it binding to appoint the head by a commission that must have representation of opposition parties. Government sources told The Express Tribune that Pakistan has assured the…
Meat policy finalised as 300,000 traceable livestock available for export, SAPM told ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan held a meeting with Punjab Provincial Minister for Agriculture and Livestock Syed Ashiq Hussain Shah to discuss development of the agriculture and livestock sectors and enhance coordination between…