But President Donald Trump’s broad tariffs and a crackdown on government spending have upended that optimism. Tourists and companies have reduced spending amid rising economic uncertainty, forcing carriers to cut their first-quarter profit forecasts. With travel a discretionary item for many consumers and businesses, growing odds of weak economic growth and high inflation have clouded […]
As per details, the Pakistan federal government submitted a request to the National Electric Power Regulatory Authority (NEPRA) for a reduction of Rs.1.71 per unit in electricity tariff cut. According to the proposal, the reduction will be facilitated through a tariff subsidy. NEPRA is set to hold a hearing on the matter on April 4. […]
During the Buzdar tenure as Punjab CM, purchases worth Rs286 million were allegedly made without tenders, while procurement worth Rs 263 million violated fundamental regulations. The committee has taken strict action over these irregularities. Expressing displeasure over the investigation being limited to junior officials, the committee directed that senior officers be included in the probe. […]
The buying and selling rates for OMR were recorded at Rs 722.00 and Rs 730.50, respectively. The exchange rates were last updated at 13:13 PST on March 27, 2025. 1,000 Omani Riyal in Pakistani rupees 1,000 Omani Riyal (OMR) is equivalent to Rs 722,000 in Pakistani currency if citizens purchase the same in the open […]
As per details, Pakistan’s IMF Mission Representative, Maher Bennisy during informal media talk, said the fund has approved for a reduction of Rs1 per unit in electricity tariffs for all consumers in Pakistan. Bennisy stated that the relief will be financed through revenue generated from levies imposed on gas consumption by captive power plants. He […]
The rates of 10 grams of 24 karat and 10 grams of 22 karat gold were also traded at the same prices of Rs 272,462 and Rs.249,765 respectively. The rates of per tola and ten-gram silver remained constant at Rs.3,475 and Rs.2,979, respectively. The rate of gold in the international market remained stagnant at $3,021 […]
According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,643. Additionally, the price for an ounce of gold is 11,331 Saudi Riyal. Gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update recorded at 10:00 am March 26, […]
The UAE, known for its diverse economy, trade ties, and pro-investor policies, remains a key Middle Eastern economic anchor. The Dirham’s strong position against the PKR reflects the success of sectors like oil, tourism, real estate, and finance. Its innovative leadership reinforces its global economic prominence. AED TO PKR- Currency Valuation Dynamics Foreign exchange markets, […]
This exchange rate reflects the economic dynamics between Kuwait, an oil-rich nation, and Pakistan, which has a larger but more volatile economy. Introduced in 1961, the KWD is backed by Kuwait’s substantial oil reserves and stable economic policies. Pegged to a basket of currencies, the KWD maintains its strength through robust foreign exchange reserves and […]
The meeting was attended by key government officials, including Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, IT Minister Shaza Fatima Khawaja, State Bank Governor Jamil Ahmad, and Pakistan Crypto Council CEO Bilal Bin Saqib, among others. Global blockchain leaders also participated, including Marco Streng and Dr. Marco Krohn, Co-Founders […]
