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Gold surges to Rs 50,657 per 10 grams
Gold surged by Rs 257 to close at Rs 50,657 per 10 grams in the local market Thursday as its international price improved to $ 1,749 an ounce, market sources said.
According to Karachi Saraf Association official, tola (11.664 grams) price also j
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Govt admits violating Debt Act
With Pakistan’s total public debt increasing by 82 per cent to Rs10.996 trillion since 2008, the government on Wednesday conceded major violations, for the fourth consecutive year, of the Fiscal Responsibility and Debt Limited Act 2005 that sou
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Rupee weakens; o/n rates flat
In the currency market on Friday, the rupee ended weaker at 90.43/48 to the dollar, compared with Thursday’s close of 90.38/43 amid increased import payments following an increase in international oil prices.
Brent crude rose above $112 on Fri
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Pakistani stocks up over EU textile waiver
Pakistani shares ended higher on Friday in healthy turnover led by the textile sector after a World Trade Organisation committee meeting this week approved a European Union waiver on duties for 75 products from Pakistan, dealers said.
The Kara
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LPG prices may go up by Rs15 per kg
Retail prices of LPG are expected to go up by Rs15 per kg following $142 per ton increase in Saudi Aramco Contract Price for February.
“The impact of this escalation will result in an increase of Rs177 for domestic and Rs681 for commercial cyl
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