Tag: Economy


  • Gold value in Pakistan falls Rs1,900 per tola

    Might 22, 2025 (MLN): Gold value in Pakistan decreased on Thursday, with pure gold being offered at Rs347,500 per tola, down Rs1,900. Equally, pure gold per 10-gram was offered at Rs297,925 after a decline of Rs1,629, in response to charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The worth of 22-karat gold…

  • Govt eyes Rs70.89bn through Bai Muajjal Sukuk

    Could 22, 2025 (MLN): The federal government is ready to lift Rs70.886 billion by the outright buy of Authorities of Pakistan Ijara Sukuk (GIS VRR-19) on a deferred cost foundation, also called Bai Muajjal. The association is being facilitated by the State Financial institution of Pakistan (SBP) by its Home Markets & Financial Administration Division, in accordance…

  • PSX Closing Bell: She’s a Little Bit Harmful

    Might 22, 2025 (MLN): Witnessing a dramatic twist on Thursday, the benchmark KSE-100 Index surged to a historic all-time excessive of 120,668.42 factors throughout intraday buying and selling, marking a achieve of 736.97 factors at 10:19 AM. Nevertheless, the bullish momentum pale rapidly. By market shut, the index had reversed course, shedding 778.41 factors to settle at…

  • Pakistan, Azerbaijan vow to spice up vitality ties

    Could 22, 2025 (MLN): Pakistan and Azerbaijan reaffirmed their dedication to strengthening bilateral relations, notably within the vitality sector. This got here throughout a gathering between Federal Minister for Petroleum Ali Pervaiz Malik and the Ambassador of Azerbaijan to Pakistan, H.E. Khazar Farhadov, held on the Ministry of Petroleum. The dialogue centered on enhancing collaboration in…

  • Pakistan units goal of 125,000 tons for mango exports this season

    Could 22, 2025 (MLN): Pakistan goals to export 125,000 tons of mangoes this season, with shipments beginning on Could 25, 2025, in accordance with the Pakistan Fruit and Vegetable Exporters Affiliation (PFVA). If the goal is achieved, the nation may earn an estimated $100 million in international trade, the affiliation mentioned. The export goal for the…

  • PSX Closing Bell: Midweek Magic

    Might 21, 2025 (MLN): The benchmark KSE-100 Index concluded Wednesday’s buying and selling session at 119,931.45, exhibiting a rise of 960.33 factors or 0.81%. The index remained optimistic all through the day, exhibiting an intraday excessive of 120,106.21 (+1,135.09) and a low of 119,128.38 (+157.26) factors. The whole quantity of the KSE-100 Index was 280.86…

  • Govt slashes revenue charges by as much as 100 bps

    Might 21, 2025 (MLN): The Directorate of Nationwide Financial savings has revised revenue charges throughout numerous Nationwide Financial savings Schemes (NSS), slashing revenue charges by as much as 100 foundation factors with impact from Might 21, 2025. Probably the most vital lower got here within the Saving Account (SA), the place returns had been slashed by 100 foundation…

  • Saudi Riyal to PKR change price

    Could 21, 2025 (MLN): The change charges for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) confirmed minor actions in opposition to the Pakistani rupee (PKR) in right now’s session, sustaining a largely steady development. Trade firms quoted SAR at 75.40 for purchasing and 75.80 for promoting. AED adopted swimsuit, with a…

  • SECP halts assure enterprise of United Insurance coverage

    Could 21, 2025 (MLN): The Securities and Trade Fee of Pakistan (SECP) has formally ceased the assure enterprise of The United Insurance coverage Firm of Pakistan Restricted, efficient instantly, by means of a Route issued on Could 20, 2025, beneath part 60 of the Insurance coverage Ordinance, 2000. Previous to this motion, SECP issued a show-cause…

  • Govt critiques PITAD’s influence on nationwide commerce technique

    Could 21, 2025 (MLN): To overview the Pakistan Institute of Commerce and Growth's (PITAD) pivotal function in shaping the nation’s commerce panorama, Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister of Pakistan on Commerce, visited the institute. Through the go to, he obtained a complete briefing overlaying PITAD’s mandate, core features, operational scope, efficiency metrics,…