Dollar Nears Two-Month Low as Trump Presses Fed for Bigger Rate Cut The U.S. dollar slipped close to a two-month low against the British pound on Tuesday, as investors braced for another Federal Reserve rate cut and U.S. President Donald Trump renewed pressure for more aggressive monetary easing. Markets widely expect the Fed to trim […]
Pakistan Launches Interest-Free Loan Scheme for Electric Vehicles ISLAMABAD – The government has rolled out a new initiative to help students, daily wage earners, delivery riders, and small business owners purchase electric bikes, rickshaws, and loaders through interest-free loans and subsidies. Under the scheme, applicants will be able to buy vehicles with easy monthly installments […]
Gold Prices Dip Slightly in Pakistan Amid Global Market Slippage KARACHI — Gold prices in Pakistan saw a modest decline on Friday, with 24-karat gold losing Rs200 per tola to close at Rs386,300, down from Rs386,500. Similarly, the price for 10 grams of 24-karat gold fell by Rs172, settling at Rs331,189 compared to the previous […]
Petrol Prices Likely to Rise from September 16 Islamabad – Fuel prices in Pakistan are expected to go up once again, with petrol likely to see an increase of Rs1.54 per litre from September 16, 2025. According to official sources, High-Speed Diesel (HSD) is projected to rise by Rs4.79 per litre, while kerosene oil may […]
Sindh Launches Solar Scheme for Farmers and Households Hyderabad – Sindh’s Minister for Agriculture, Anti-Corruption, and Sports, Sardar Muhammad Bux Khan Mahar, has announced a new solar energy initiative for small and medium-scale farmers. Under the scheme, farmers owning between 5 and 25 acres of land are eligible to apply. A total of 295 solar […]
Govt Plans New Tax to Fund Jinnah Medical Complex in Islamabad ISLAMABAD — The federal government is preparing to introduce a new municipal tax, likely through a money bill, to help finance the construction of the Jinnah Medical Complex in the capital, sources told reporters. The proposed project carries a hefty price tag of Rs213 […]
Motorcycle and Car Sales Surge in Pakistan as Demand Rebounds ISLAMABAD — Pakistan’s automobile sector is showing strong signs of recovery, with motorcycle and rickshaw sales surging 44% in the first two months of the current fiscal year (July–August FY26). According to data compiled by Topline Securities, total sales reached 273,000 units, marking a sharp […]
Naanbais Threaten Price Hike Amid Soaring Flour Costs ISLAMABAD — The Naanbai Association has warned of an imminent price hike for roti and naan if flour is not supplied at the government’s official rates. Bakers said they could be forced to sell roti at Rs25 and naan at Rs30 if authorities fail to ensure a […]
Rs25,000 Prize Bond Draw Announced: Winners of Rs80 Million Grand Prize Revealed KARACHI – The latest Rs25,000 prize bond draw has been conducted, offering bondholders a chance to win substantial rewards, with the grand prize standing at an impressive Rs30 million. Held every three months, these draws remain a popular investment option for many Pakistanis, […]
Sindh Bank to Issue Benazir Hari Cards, Farmers to Benefit from Subsidies and Solar Panels KARACHI – Sindh Bank has been officially authorized to prepare and issue the Benazir Hari Cards, aimed at providing financial support to farmers across the province. Registration and verification for 80,000 new farmers have already been completed, and Sindh Bank […]