The price per tola (11.66 grams) of 24 carat gold fell by Rs1,800 to Rs218,200 on Thursday, the lowest price since it was last recorded at Rs220,000. In a similar vein, 10 grams of 24 carat gold dropped in price from Rs188,614 to Rs187,071, a fall of Rs1,543. The All Sindh Sarafa Jewellers Association said […]
A strong start to 2024 is reflected in the recent jump in the Pakistan Stock Exchange (PSX), as evidenced by the KSE-100 index’s stunning gain of 1,580 points. The market’s upward trend in 2023, when the KSE 100 Index saw a notable turnaround and produced an astounding 55% gain in Rupee terms, is being built […]
Due to the fuel adjustment for November, consumers can expect to see another spike in electricity costs in January 2024, with bills as high as Rs4.66 per unit. If the proposed hike is put into effect, power customers will be burdened with an extra Rs33 billion. A public hearing was held by the National Electric […]
On Wednesday, the Pakistani rupee strengthened by 0.06% in the interbank market, marking its eleventh straight week of gains versus the US dollar. The currency’s continuous rising trajectory can be attributed to favorable market conditions and economic fundamentals, as evidenced by this steady appreciation. The Pakistani rupee ended the day at 282.20 versus the US […]
With rising per-acre paddy production and a consistent rise in exportable surplus, the rice industry hopes to boost its exports to $10 billion over the next five years. According to data, rice exports in 2023 are expected to be approximately 4.5 million tons, bringing in $2.5 billion in revenue. According to rice industry specialist Hamid […]
With the exception of K-Electric, power distribution companies (Discos) are seeking to place further financial strain on already overburdened power users. The National Electric Power Regulatory Authority (Nepra) is being asked by the Discos for permission to charge customers an additional Rs4.6617 per kilowatt-hour (kWh) in January 2024 bills. This requested increase is a result […]
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) increased by more than 394 points during Monday’s trading, which analysts ascribed to what appeared to be a better economic outlook. The government announced a decrease in fuel prices, cutting the cost of gasoline and high-speed diesel by Rs. 8 per litre and Rs. 11 […]
“Interim Information Minister Murtaza Solangi hinted at the possibility of a reduction in petroleum prices during the upcoming review scheduled for September 30, thanks to the substantial recovery of the Pakistani rupee against the US dollar. Speaking at the Karachi Press Club on Saturday, the information minister attributed the rupee’s gain of Rs30 to Rs35 […]
Gold Rate in Pakistan today on 9 June 2023 is being sold for Rs.193844 per 10 grams, and the price of Gold is 226100 per tola in Pakistan today. Gold Rate In Pakistan Today Karachi is the central hub of the gold market, in Pakistan, Karachi is leading for the gold price; every city follows […]
Gold Rate in Pakistan today on 8 June 2023 is being sold for Rs.193844 per 10 grams, and the price of Gold is 226100 per tola in Pakistan today. Gold Rate In Pakistan Today Karachi is the central hub of the gold market, in Pakistan, Karachi is leading for the gold price; every city follows […]
