Roshan Digital Account remittances surpass $8 billion
More than 700,000 individuals open RDA to facilitate seamless transactions
FINANCE
Gold prices in Pakistan fall for fourth consecutive day
Gold price fluctuations are directly linked to changes in value of US Dollar
Khyber Pakhtunkhwa unveils surplus budget of Rs1,754bn for 2024-25
Minimum wage set at Rs36,000; new taxes proposed on cars, tobacco companies
$25bn in foreign investment expected from UAE, Saudi Arabia, China
Investment expected to bolster various sectors, including energy, ports, food security, agriculture, minerals
Pakistan welcomes Chinese investment in mining sector
Prime Minister Shehbaz Sharif extends invitation to MCC Tongsin Resources
Pakistan-IMF talks conclude without staff-level agreement
Fund says consultations to continue virtually to finalize new, larger loan program for Pakistan
US SEC approves exchange applications to list spot ether ETFs
Nasdaq and NYSE declined to comment
PSX crosses historic 76,000-point milestone amid positive economic news
Value of US dollar decreases by 15 paisas in interbank market
Pakistan’s foreign reserves rise to $14.6 billion
Net foreign reserves held by commercial banks stand at $5,428.4 million
Pakistan sees record 172% increase in FDI in April 2024
SIFC initiatives drive largest FDI inflow in 51 months, with China leading way
Massive decline reported in gold prices in Pakistan
Gold price fluctuations are directly linked to changes in value of US Dollar
In intensified efforts, FBR blocks 11,522 mobile SIMs of tax non-filers
Initiative aims to promote culture of tax compliance, ensure implementation of tax laws
US dollar depreciates by 17 paisas; KSE-100 index down by 7 points
Economists suggest fluctuations are typical as market adjusts to new financial policies, external factors
Gold prices in Pakistan continue to decline
Gold price fluctuations are directly linked to changes in value of US Dollar
Major increase in gas tariff likely from August, IMF told
To address circular debt in gas sector, three different strategies presented to IMF
Cigarette price hike fuels illicit trade, undermines public health efforts in Pakistan
New study reveals unintended consequences of tax increase on smoking behaviour
US Dollar rises in interbank market; PSX falls below 75,000 points
Value of American currency sees increase of 8 paisas in interbank market
Positive trend at stock exchange as KSE-100 index rises
US dollar continues upward trend in interbank market
Gold price experiences decline after continuous climb
Gold price fluctuations are directly linked to changes in value of US Dollar
Pakistan, IMF agree to increase budget for BISP
IMF estimates GDP growth to be limited to 3.5% in next fiscal year, Finance Ministry proposed 3.7%
Pakistan, IMF begin talks on economic reforms, new loan program
Proposals include ban on recruitment to grades 1-16 vacant posts, no allocation of funds for lawmakers
Gold prices see another big jump in Pakistan
Gold price fluctuations are directly linked to changes in value of US Dollar
Positive trend in PSX; Dollar value slightly increases
IMF says rupee will have lost 18% of its value by June next year
PM Shehbaz Sharif forms 9-member Economic Advisory Council
Shehbaz will also consult council regarding budget, economic policies for new fiscal year
Gold price sees major increase in Pakistan
Gold price fluctuations are directly linked to changes in value of US Dollar
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