The LSM however grew by 0.02 percent on a year-on-year basis (YoY) in October 2024 when compared to the same month of last year and 111.60 percent on a month-on-month (MoM) basis when compared to September 2024. The provisional quantum indices of Large Scale Manufacturing Industries (LSMI) for October 2024, with the base year 2015-16, […]
According to a notification issued by Commissioner Karachi Syed Hassan Naqvi, the wholesale market price of fine wheat flour has been fixed at Rs 92 per kilogram (kg) while its ex-flour mill price is set at Rs 92 per kg. The fine wheat flour will be available at Rs 99 per kg in the retail […]
As reported by Forex.pk, the price for 10 grams of 24-karat gold in Saudi Arabia is SAR 3,294. Furthermore, the price for an ounce of gold is noted to be SAR 9,933. It is crucial to recognize that gold prices are influenced by global fluctuations, including those occurring within Saudi Arabia, and the figures provided […]
Data from the currency website indicated that the OMR experienced a decrease of 19 paisas in relation to the Pakistani rupee within the open market. The Omani Rial denoted as OMR, serves as the official currency of Oman and is subdivided into 1,000 smaller units called baisa. Conversion of 500 Omani Rial to PKR On […]
According to sources, the IMF has reportedly agreed to the elimination of sales tax on aircraft purchase or lease for buyers and the settlement of equity losses for PIA privatization. With the ‘approval’ of the IMF, the intended buyers will be granted sales tax exemptions for purchasing or leasing aircraft for all routes. The removal […]
According to details, the ECC, chaired by Minister for Finance and Revenue Senator Muhammad Aurangzeb, will discuss an 11-point agenda and is expected to approve Rs 1 billion for the issuance of the Pakistan Social Impact Bond. Meanwhile, the Pakistan Infrastructure Development Company is expected to get a grant worth Rs. 1.88 billion. Other items […]
The meeting was held at the Saudi Interior Ministry headquarters in Riyadh during Mohsin Naqvi’s official visit to the kingdom. Both the interior ministers discussed measures to strengthen the two nations’ security cooperation, particularly in the fight against drug smuggling. Their conversations also touched on a variety of subjects of mutual interest. Speaking on the […]
As of October, the total debt stood at Rs 69.114 trillion, up from Rs 64.810 trillion in February, according to the documents available. The domestic debt rose by Rs 4,556 billion during the period, while foreign debt decreased by Rs 251 billion. As a result, the domestic debt stood at Rs 47.231 trillion as of […]
During the initial five months of the current financial year, the average inflation rate decreased from 28.62 percent to 7.88 percent, culminating in a low of 4.9 percent last month. On an annual basis, the inflation rate in urban regions has fallen to 5.2 percent. A continued reduction in inflation is expected to alleviate the […]
The information provided on the currency website indicated that the Omani Rial (OMR) held steady against the Pakistani Rupee in the open market. The Omani Rial denoted as OMR, serves as the official currency of Oman and is subdivided into 1,000 smaller units called baisa. Conversion of 500 Omani Rial to PKR On December 16, […]
