Business
Gold prices held steady at record levels on Wednesday in both international and domestic markets, reflecting stable demand and consistent investor confidence worldwide. According to the All Pakistan Gems and Jewellers Association, international bullion traded unchanged at $3,770 per ounce, maintaining its highest-ever peak without any fluctuation. In
Business
Terra Motors, a leading Japanese electric mobility company, has announced its entry into Pakistan’s market with the launch of its flagship electric three wheeler, Kyoro. It is Terra Motors’ next-generation electric three-wheeler, built for both passenger mobility and last-mile logistics. With a top speed of over
Business
The Pakistan Stock Exchange (PSX) opened strongly on Wednesday morning, with the benchmark KSE-100 Index rising by nearly 900 points during early trade. By 9:40am, the index stood at 158,831.61 points, showing a sharp gain of 886.59 points or 0.56 percent compared to Tuesday’
Business
Gold prices in Pakistan soared to unprecedented levels on Tuesday, with pure 24-karat gold approaching the Rs400,000 per tola milestone for the first time in history. According to bullion traders, the surge mirrors a global rally as international gold rates rose by $31 per ounce, touching $3,757.
Business
The Pakistan Stock Exchange (PSX) opened higher on Tuesday, with the benchmark KSE-100 Index gaining nearly 1,200 points in early trading. At 10:55 am, the index stood at 158,734.28, up by 1,179.62 points or 0.75%. Buying momentum was seen across multiple sectors,
Business
The Pakistani rupee maintained its winning run on Monday, rising for the 32nd consecutive session versus the US dollar in the interbank market. It finished marginally higher at Rs. 281.45, up one paisa from the previous day. Read more: Kitchen Essentials See Fresh Hike Across Pakistan According to the
Business
Prices of essential kitchen staples, ghee and cooking oil, have surged once again, delivering a fresh blow to already strained household budgets across Pakistan. Producers have raised ghee prices by Rs12 per kilogram, pushing the wholesale rate to Rs535 per kg, while cooking oil is now selling at Rs572 per
Business
MQM has approached the Sindh High Court against the National Electric Power Regulatory Authority (NEPRA) for allowing K-Electric to recover theft-related losses from consumers. The petition, filed by MQM legislator Muhammad Aamir Siddiqui, challenges the July 18 order and SRO 1287 (I)/2025 of NEPRA, naming K-Electric
Business
An audit has revealed that Pakistan International Airlines (PIA) caused losses of more than Rs 9.43 billion to the national exchequer by distributing free and heavily discounted tickets between 2011 and 2016. According to the report, over 258,000 tickets were issued free of charge, while another 116,000
Business
The Federal Board of Revenue (FBR) has urged taxpayers to file their income tax returns by September 30, warning that no extensions will be granted beyond the deadline. Officials stressed that individuals and businesses must submit accurate declarations to avoid penalties. In a public advisory, the revenue authority appealed for
Business
The Pakistan Stock Exchange (PSX) carried its bullish momentum into the new week, with the benchmark KSE-100 Index gaining more than 500 points in early trading on Monday. At 10:25am, the index stood at 158,570.89, showing an increase of 533.52 points or 0.34%. Buying
Business
Global sales of New Energy Vehicles (NEVs) reached 17 million units in 2024, marking a 25 percent annual growth. Forecasts suggest this figure will cross 20 million units in 2025. China dominates with over 1 million sales each month, while Europe saw 52 percent of new registrations in H1 2025.