Tag: Finance


  • Gold value in Pakistan falls Rs700 per tola

    Might 30, 2025 (MLN): Gold value in Pakistan decreased on Friday, with pure gold being offered at Rs348,600 per tola, down Rs700. Equally, pure gold per 10-gram was offered at Rs298,868 after a decline of Rs600, in keeping with charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The worth of 22-karat gold…

  • Cherat, Bestway eye stake in Attock Cement amid Pharaon’s exit plans

    Might 30, 2025 (MLN): Pharaon Funding Group Ltd., a Lebanon-based firm exploring a strategic sale of its stake in Attock Cement Pakistan Ltd (PSX: ACPL), has attracted preliminary curiosity from a number of main gamers within the cement and vitality sectors, together with Cherat Cement and Bestway Group. In accordance with the report, Pakistani cement giants,…

  • PSX Closing Bell: Ain’t No Stoppin’ Us Now

    Might 30, 2025 (MLN): The benchmark KSE-100 Index concluded Friday’s buying and selling session at 119,691.09, exhibiting a rise of 719.69 factors or 0.60%. The index traded in a spread of 1,142.05 factors exhibiting an intraday excessive of 119,913.88 (+942.48) and a low of 118,771.83 (-199.57) factors. The full quantity of the KSE-100 Index was…

  • Govt eyes reduction for farmers

    Could 30, 2025 (MLN): To handle rising enter prices and climate-related challenges, a complete reduction package deal for farmers was mentioned throughout a key assembly between Federal Minister for Nationwide Meals Safety and Analysis, Rana Tanveer Hussain, and the Director Basic of the Particular Funding Facilitation Council (SIFC) on the Ministry. The assembly targeted on enhancing…

  • OMO Consequence: SBP injects round Rs1tr

    Could 30, 2025 (MLN): The State Financial institution of Pakistan (SBP) carried out a reverse repo and Shariah Compliant Modarabah based mostly Open Market Operation (OMO) at present, through which it cumulatively injected a complete of Rs1.14 trillion into the market of which Rs970 billion had been injected by reverse repo OMO.    Abstract of OMO Consequence (Typical)  …

  • Oil markets weaken forward of potential OPEC+ output enhance

    Might 30, 2025 (MLN): Oil costs have been on observe to finish the week down greater than 1% on Friday amid whipsawing tariff rulings within the U.S. and because the market braced for a possible OPEC+ output hike. Brent crude futures decreased by $0.55, or 0.86%, to $63.6 per barrel.  West Texas Intermediate (WTI) crude futures fell by $0.36, or 0.59%,…

  • France, Pakistan talk about progress on key improvement initiatives

    Might 29, 2025 (MLN): France and Pakistan reviewed progress on key improvement initiatives and mentioned acceleration of a number of pipeline initiatives, together with the €120 million Babu Sabu Wastewater Remedy Undertaking in Lahore. The discussions happened throughout a gathering between French Ambassador Nicolas Galey and Federal Minister for Financial Affairs Ahad Cheema. The assembly centered…

  • Pakistan, ADB to develop local weather technique, centered on carbon credit

    Could 29, 2025 (MLN): Pakistan and the Asian Improvement Financial institution (ADB) have agreed to formulate a complete and mutually aligned local weather change technique, with a particular give attention to carbon credit score mobilization, local weather innovation, and outcomes-based undertaking implementation. This was mentioned throughout a gathering between the Federal Minister for Local weather Change…

  • SCAP seeks tax reduction for salaried class in finances 2025-26

    Could 29, 2025 (MLN): The Salaried Class Alliance of Pakistan (SCAP) has referred to as on the federal government to offer rapid reduction to the salaried phase within the upcoming Finance Finances 2025-2026, citing disproportionately excessive tax burdens, rising inflation, and worsening financial situations. In response to the Alliance, salaried people—comprising authorities and personal workers, together…

  • Gold value in Pakistan stays unchanged

    Could 29, 2025 (MLN): Gold value in Pakistan remained unchanged on Thursday, with pure gold being bought at Rs349,300 per tola, unchanged from the earlier session. Equally, pure gold per 10-gram was bought at Rs299,468 unchanged from the earlier session, in line with charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The…