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Gold prices fall in global and local markets

Gold prices fall in global and local markets

KARACHI: Gold prices declined on Saturday in both international and domestic markets. In the global bullion market, the price of…
World Bank approves $400 million financing for Pakistan

World Bank approves $400 million financing for Pakistan

ISLAMABAD: The World Bank has approved $400 million in financing for water and sanitation projects in Punjab, Pakistan. The global…
IMF slaps 11 new conditions to Pakistan’s $7 billion loan programme

IMF slaps 11 new conditions to Pakistan’s $7 billion loan programme

ISLAMABAD: The International Monetary Fund (IMF) has added 11 more stringent conditions on Pakistan under the latest staff-level review of…
Pakistan, ADB sign $257mn agreements to strengthen Punjab’s education, health sectors

Pakistan, ADB sign $257mn agreements to strengthen Punjab’s education, health sectors

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) here on Friday signed two major financing programmes worth US$257 million aimed…
Goods transporters’ strike enters fifth day

Goods transporters’ strike enters fifth day

The wheel-jam strike, being observed by goods transporters against heavy traffic fines, entered into its fifth day on Friday. In…
Nepra imposes Rs100 million fine on Lesco

Nepra imposes Rs100 million fine on Lesco

The National Electric Power Regulatory Authority (NEPRA) imposed over Rs100 million fine on Lahore Electric Supply Company (LESCO) and other…
PSX sees modest gains as investors weigh new IMF conditions

PSX sees modest gains as investors weigh new IMF conditions

KARACHI: The Pakistan Stock Exchange (PSX) experienced slight gains on Friday as investor sentiment remained cautious amid profit-taking and the…
Balochistan sees major progress on CPEC energy, roads projects

Balochistan sees major progress on CPEC energy, roads projects

KARACHI: The State Bank of Pakistan (SBP) is expected to retain interest rates at 11% on Monday, a Reuters poll showed, as…
Oil prices up on US-Venezuela tensions, but set for weekly decline

Oil prices up on US-Venezuela tensions, but set for weekly decline

TOKYO: Oil prices rose on Friday as the prospect of the U.S. intercepting more Venezuelan oil tankers deepened supply concerns,…
Gold price jumps again, rises by Rs10,700 per tola

Gold price jumps again, rises by Rs10,700 per tola

KAQRACHI: Pakistan’s gold prices witnessed a big leap on Friday, as the per tola rate rose by Rs10,700, according to…
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