As per details, Federal Minister for Industries and Production Rana Tanveer dismissed reports of a sharp increase in sugar prices, stating that the claim of sugar reaching Rs180kg as per a report in English newspaper is ‘baseless.’ Tanveer said that PM Shehbaz Sharif after taking notice of the sugar price hike has formed a committee […]
The prices of 10 grams of 24 karat also decreased by Rs.686 to Rs 272,633 from Rs 273,319. The price of gold in the international market decreased by $9 to $3,022 from $3,031, the Association reported. Gold, a highly valued precious metal, has maintained its significance for centuries and plays a vital role in the […]
The selling rate of the Saudi Riyal was recorded at Rs75.11. The official currency of Saudi Arabia is abbreviated as SAR or SR. One Riyal is subdivided into 100 halalas. The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial alliance, underscored by considerable financial assistance from the kingdom. Recently, […]
In the open market, the selling price for the UK Pound was 363.75, while the buying price stood at 367.00. Several key factors contribute to the volatility in the GBP/PKR exchange rate, including shifts in supply and demand for both currencies and economic indicators such as inflation and interest rates. Changes in international relations, market […]
The buying and selling rates for OMR were recorded at Rs 726.00 and Rs 734.50, respectively. The exchange rates were last updated at 13:13 PST on March 22, 2025. 1,000 Omani Riyal in Pakistani rupees 1,000 Omani Riyal (OMR) is equivalent to Rs 726,000 in Pakistani currency if citizens purchase the same in the open […]
According to sources, the IMF and Pakistan are holding virtual talks, with 85% of the discussions completed successfully. The talks are focused on finalizing the details of the next budget, which is expected to be presented in the National Assembly soon. The new budget is expected to increase the tax-to-GDP ratio to 13% and collect […]
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, according to market intelligence firm Sensor Tower. Foot traffic at Nike stores was down 11%, according to data compiled by Raymond James. Foot Locker, a major Nike retailer, disclosed in its earnings on March 5 that promotional pressures would hurt […]
The prices of 10 grams of 24 karat also increased by Rs943 to Rs269,890from Rs 268,947 whereas the prices of 10 gram 22 karat gold also went up by Rs865 to Rs247,408 from Rs246,543 respectively. The prices of per tola and ten-gram silver remained constant at Rs3,530 and Rs3,026 respectively. The price of gold in […]
In a written response to the National Assembly, Finance Minister Muhammad Aurangzeb announced that there is no proposal under consideration for salary or pension hike of government employees in the upcoming fiscal year 2025-26 budget. No revision of pay scales or allowances is being considered, he said and added that the increase in hiring and […]
As per details, the Ministry of Commerce revealed that Pakistan faced a trade deficit of $154 billion over the past five years during a question hour in the NA. The details showed that Pakistan’s trade deficit in FY 2020 was $23.16 billion, $31.08 billion in FY 2021 and $48.35 billion in FY2022. Furthermore, in FY […]
