According to sources, the decision to issue green bonds is part of the government’s efforts to secure the first tranche of Resilience and Sustainability funds. Sources within the Finance Ministry revealed that the decision was made in consultation with the International Monetary Fund (IMF), and the funds raised will be used for climate change projects. […]
The anxiety has sparked a rush into safe havens, sending the Swiss franc soaring to a decade high against the dollar, and gold to a new peak after a brief but massive relief rally following U.S. President Donald Trump’s move to temporarily lower tariffs on many countries. The selloff in U.S. Treasuries picked up pace […]
Nine bagasse power plants have submitted applications to the Nepra for cuts in power tariffs. The power plants have also pleaded to the regulator for review of the fuel costs and also requested for permission to sell the electricity generated by these plants to big consumers. Bagasse plants have also requested the regulatory authority for […]
According to Chairman of the Kisan Ittehad Khalid Khokhar, thousands of farmers, including women and children, will gather outside the Multan Press Club to demonstrate. Khokhar expressed frustration, stating that farmers had planted wheat based on the advice of Maryam Nawaz, and now they are awaiting a fair price for their crop. The warning came […]
The rate of the yellow metal on Wednesday was 4,196 Saudi Riyal (SAR) per tola. According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,620. Additionally, the price for an ounce of gold is 11,258 Saudi Riyal. Gold rates are subject to global market fluctuations, including […]
As per details, the Punjab government has officially deregulated the price of chicken, which was being sold at Rs595 per kg until Eidul Fitr. According to an order dated April 04, 2025, Director General (Research) Provincial Controller General Prices, to all the deputy commissioners/ Controller general prices and supplies at District Level working in the […]
As per details, Karachi-Electric submitted a request to the National Electric Power Regulatory Authority (NEPRA) seeking a reduction in electricity prices under fuel adjustment for February. NEPRA is set to hold a hearing on K-Electric’s request about the monthly fuel adjustment for February on April 16. If approved, the power tariff reduction will provide consumers […]
According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,662. Additionally, the price for an ounce of gold is 11,392 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 April 08, […]
The selling rate of the Saudi Riyal was recorded at Rs75. 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 of […]
Trading floors were overcome by a wave of selling as investors fled to the hills on the worst day for equities since the pandemic, with Hong Kong shedding 10 percent, Tokyo briefly diving eight percent, and Taipei more than nine percent. Futures for Wall Street’s markets were also taking another drubbing, while concerns about the […]
