In a notable development during Monday’s opening hours of trading, the US dollar experienced a slight decline by Rs0.10 against the Pakistani rupee in the inter-bank market. The Pakistani rupee,…
Business
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Bitcoin has surpassed the $40,000 mark, marking its highest value since April 2022. The surge is attributed to widespread enthusiasm surrounding potential U.S. interest rate cuts and the anticipation of…
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The Pakistan Stock Exchange (PSX) reached an unprecedented milestone, breaching the 56,000-point mark and setting a new all-time high on Monday. The PSX benchmark KSE-100 index soared to 56,238 points…
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Business
Gold Prices in Pakistan Drop as International Market Sees Decline
by Haktaurusby HaktaurusThe 10-gram price of gold witnessed a substantial decrease of Rs343, bringing it down to Rs183,642. Similarly, the per tola price of gold dropped by Rs400 to settle at Rs214,200.…
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Oil prices surged by 1% on Thursday, effectively snapping a three-day decline. This increase in oil prices came as risk appetite made a comeback in financial markets following the U.S.…
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The Pakistani rupee experienced a continued decline against the US dollar in the interbank foreign exchange market on Wednesday. At the close of the market’s first trading session of November,…
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The price of gold in the domestic market of Pakistan experienced a significant decline on Wednesday. Gold prices plummeted by over Rs1,200, causing a buzz in the local financial circles.…
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Business
Electricity Tariff Changes Forecasted to Impose Rs22 Billion Additional Burden on Consumers
by Haktaurusby HaktaurusSources have revealed that proposed alterations to the electricity tariff structure may place an overwhelming financial burden of over Rs22 billion on consumers in the upcoming days. This revelation has…
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Business
Gold Prices Decline in Pakistan while International Markets Hold Steady
by Haktaurusby HaktaurusGold prices in Pakistan experienced a notable dip today, despite international markets maintaining stability. As the new week’s trading commenced, the per tola gold price saw a significant decrease of…
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BusinessNational
Pakistan International Airlines Cancels 349 Flights in Two Weeks Due to Fuel Shortage Amidst Payment Dispute
by Haktaurusby HaktaurusThe Pakistan International Airlines (PIA) revealed that it has canceled a total of 349 flights in the past two weeks due to a severe shortage of fuel. This unsettling development…