A new World Bank-financed fiscal and governance reforms project; Punjab Resource Improvement and Digital Effectiveness (PRIDE) will target to help Punjab. Increase efficiency in its public expenditure. Close its large tax gap; create fiscal space for growth-enhancing expenditure on infrastructure; and human capital by deepening ongoing public financial management reforms. The five-year program also incorporates […]
Today Gold rate in Pakistan, 23 November 2020; being sold for Rs 96,700 per 10 grams(24K), and the price of Gold is Rs 112,800 per Tola in Pakistan today. Since the gold prices are different in every city of Pakistan, the rates can be checked for each of the cities at the RangeInn. Important note: […]
The country’s current account witnessed a surplus for the fourth consecutive month in October, rising to $382 million or 1.6 percent of the gross domestic product (GDP), data released by the State Bank of Pakistan (SBP). Compared to the same month last year, the surplus witnessed an increase of 423pc from $73m, while on a […]
The dairy traders of Islamabad have urged the Capital Development Authority (CDA). So to allocate an area for developing a cluster of the fresh milk business. A delegation of Islamabad Fresh Milk Vendors Association (IFMA) led by its President Muzaffar Ahmed Hashmi. He visited Islamabad Chamber of Commerce and Industry; where he discussed the key […]
Prime Minister Imran Khan on Wednesday said the government was focusing its energies on the country’s industrialization and on increasing exports. Addressing a ceremony in Faisalabad during a one-day visit to the city. He said it was the government’s job to facilitate industrialization and the business community. “We are now working on how we can […]
Elon Musk, the chief executive officer of electric car company Tesla has leapfrogged Facebook’s Mark Zuckerberg and has now become the third-richest person in the world! The tech mogul’s fortune swelled by more than $15bn (£11.3bn) in a single week after Tesla’s shares jumped 13% following the news of its selection to join the S&P […]
Pakistani rupee became the third best-performing currency in Asia. After the currency hit an almost eight-month high at Rs158.91 against the US dollar in the interbank market on Monday, experts said. The development may help to tackle high inflation. Pakistan has turned a net importer of wheat, sugar, and cotton this year to improve supplies. […]
The Board of Governors of the Pakistan Cricket Board (PCB) held their 59th meeting at the National High-Performance Centre in Lahore on Monday. The BoG approved the audited financial statements 2019-20, which included an after-tax-profit of Rs.3.8 billion. The PCB reserves now stand at Rs.17.08 billion as compared to PKR13.28billion in the 2018-19 financial year. […]
The United States dollar fell to a six-month low against the rupee in the interbank market, losing 14 paisas to reach Rs159.97, according to data released by the State Bank of Pakistan on Tuesday. The last time the dollar stood at similar levels was earlier this year on May 8, when it was changing hands […]
The late launch of new 5G phones caused Apple Inc’s AAPL.O customers to put off buying new devices, leading the company on Thursday to report the steepest quarterly drop in iPhone sales in two years. Apple fell over 5% at one point in after-hours trade, wiping $100 billion from its stock market value. Even as […]
