Business

Overseas Pakistanis send highest ever $11.8bn in remittances

Overseas Pakistanis send highest ever $11.8bn in remittances

KARACHI: Overseas Pakistanis have broken previous records by sending home $11.8 billion in the first four months of the current…
Gold prices in Pakistan see huge increase

Gold prices in Pakistan see huge increase

KARACHI: The price of gold in Pakistan rebound on Friday after witnessing a massive decline a day earlier, reflecting global…
Punjab CM announces free tractors, land levellers for farmers

Punjab CM announces free tractors, land levellers for farmers

LAHORE: Punjab CM Maryam Nawaz has introduced a prize package for farmers to increase the yield of wheat. Punjab CM…
Remittances surge 24% year-on-year to $3.05bn in October

Remittances surge 24% year-on-year to $3.05bn in October

KARACHI: Pakistan received $3.1 billion in overseas workers’ remittances in October 2024, a significant 23.9% increase compared to $2.46 billion…
Pakistan to boost agricultural, livestock production with Australian expertise, partnering with SIFC

Pakistan to boost agricultural, livestock production with Australian expertise, partnering with SIFC

ISLAMABAD: The government, in collaboration with the SIFC, has announced plans to leverage Australian expertise in agriculture and livestock sectors.…
Rupee loses strength against US dollar

Rupee loses strength against US dollar

ISLAMABAD: Pakistani rupee on Thursday depreciated by 05 paisa against the US dollar in the interbank trading and closed at…
PSX maintains peak on the heels of economic turnaround

PSX maintains peak on the heels of economic turnaround

KARACHI: The Pakistan Stock Exchange (PSX) maintained its upward trajectory on the fourth day of the week – Thursday. The…
Illegal cigarette sales surge in Pakistan; costing govt Rs300bln in annual tax revenue

Illegal cigarette sales surge in Pakistan; costing govt Rs300bln in annual tax revenue

KARACHI: Pakistan is grappling with a rise in illegal cigarette sales, which now account for over 50% of the market,…
CDNS decreases rates of return for savings certificates

CDNS decreases rates of return for savings certificates

ISLAMABAD: The Central Directorate of National Savings (CDNS) has decreased the rates of return for its national savings certificates, marking…
Banks to remain closed on Iqbal Day: SBP

Banks to remain closed on Iqbal Day: SBP

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced that banks would remain closed on November 9 on account…
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