Uncertain gold prices in Pakistan leave consumers confused
Lack of updates has caused uncertainty for buyers and sellers
Money
OGDCL strikes oil and gas in Sanghar district
Well starts production of 6.8 million standard cubic feet of gas per day
Pakistan's national debt stands at Rs71 trillion of June 2024
Federal govt unveils dep repayment schedule till 2040
Pakistan's economy shows signs of recovery in fiscal year 2024
Exports rise to $30.645 billion, foreign exchange reserves reach $14.7 billion
Govt, SIFC launch strategy to combat grey market
New measures aim to boost GDP growth and stabilize currency exchange rates
Zindigi introduces Pakistan’s most inclusive contactless payment solution, “Zindigi Pay”
Your phone becomes POS machine for everyone
ECC greenlights key CPEC projects, revises remittance incentive schemes
Under new scheme, flat reimbursement rate of SAR 30 per eligible transaction will be divided into fixed and variable components
Karachi wholesale market to shut down on Saturday over tax dispute
Shutdown is expected to have a significant impact on the supply chain
Finance ministry clarifies pension rules for overseas retirees
Finance ministry issues clarification on pension rules for overseas retirees
Gold price per tola in Pakistan sees major drop
Decline follows a record high reached in the previous session.
Karachi consumers face potential hike in power tariff
Consumers demand an end to disparity in fuel prices
Fintech industry leaders meet NADRA Chairman
Discussion on challenges and exploring avenues of mutual collaboration
US dollar halts Pakistani Rupee advance, thrashes local unit
The depreciation of the US dollar in the exchange market has stopped.
Incentives for overseas Pakistanis as Pakistan targets $60b remittance goal by 2034
For the current financial year, the target for remittances is set at $30.27 billion
Govt accelerates IT Park development with SIFC support
Govt aims to boost IT exports to $25bn
Saudi Riyal to PKR latest exchange rate today
Steady trend reflects current financial landscape, providing sense of assurance to those closely following currency dynamic
Pakistanis have forgotten Rs97 billion in dormant bank accounts
Amount spread across 10.4 million temporarily closed accounts in various banks across country
Moody’s upgrades Pakistan’s rating from Caa3 to Caa2
Moody's says govt could achieve better fiscal position than agency expected
Islamic banks in Pakistan charge 25-30% interest rate: Mandviwala
Committee chairman action from State Bank of Pakistan
Govt agrees to amend Tajir Dost Scheme following protests call
FBR says notification for amendment of SRO will be issued soon
Bank account deposit protection limit increased to Rs500,000
Deposit protection schemes are designed to deal with failure of a bank on standalone basis and
Shutter-down strike across Pakistan halts business over rising taxes, electricity
Traders demand abolition of Tajir Dost Scheme, reductions in taxes within electricity bills
Pakistan again misses IMF agenda; strives to meet preconditions
Officials say Pakistan-specific IMF meeting may be called soon depending on country fulfilling preconditions
European companies cut jobs over poor economy
Elevated inflation, war in Ukraine have forced companies across Europe to freeze hiring or cut jobs
Gold prices dip as dollar gains ahead of US inflation data
Dollar index was up 0.1%, diminishing gold's attractiveness for foreign currency holders
FINANCE
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Today's last date for income tax return filing; 1.240m declare zero taxable income
Despite rise in tax filings, large portion of individuals with taxable incomes remains outside tax net
Unemployment in Saudi Arabia decreases to 7.1%
According to latest data, 95.5% of unemployed Saudi citizens are willing to accept job offers in private sector
Gold prices in Pakistan decrease further
Silver prices in local market remain stable at Rs3,050 per tola
Slow internet and FBR portal issues disrupt online tax return submissions
Pressure on the system increases dramatically as the last date for filing approaches
Gold prices in Pakistan surge by Rs5,000 per tola in a week
Gold traders believe price will continue to rise, may reach Rs300,000 per tola next year
AUTO
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No changes to solar net metering policy: Owais Leghari
Assures Senate that the government has successfully managed the revolving energy debt
Electricity rates may increase by Rs3.49 per unit
CPPA files request with Nepra for fuel price adjustment for April
Ogra refuses increase in gas price, recommends 10% reduction
For 2024-25, OGRA proposes uniform gas prices across Sindh, Balochistan; sets price at Rs1,401 per mmbtu
Govt plans to increase electricity price over Rs5 per unit
CPPA submits request to Nepra for determination of power purchase prices for next year
Oil prices slide as US Federal Reserve dampens rate cut hopes
Crude oil prices witness substantial decline over past month, experiencing unprecedented drop of $8 per barrel
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