Category: bussines

The per litre price of petrol has been decreased by Re0.50 per lite, according to an official notification issued on Friday. According to a notification issued by the Finance Division, petrol will now be available for Rs255.63 per litre, down from Rs256.13. The official notification said the new fuel prices will be effective from March 1. Sponsored Content Cardiologist Warns: This Is What Really Causes Belly Fat (And It’s Not Calories!)News – Health Learn More Which car has the right of way? Few people know!Tips and Tricks [Pics] World’s First…

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As the global gold markets extended losses to end week on a red note, the per tola (11.7 grammes) price slipped by Rs2,500 to Rs300,500, according to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). This downtrend has now entered fourth day. Likewise, the price of 10 grammes of gold slipped by Rs2,143 to Rs257,639. Meanwhile, silver per tola dipped by Rs64 to Rs3,250, while the 10-gramme rate inched down by Rs55 to Rs2,786. Sponsored Content Doctors: This Is the Best Method to Burn Belly Fat After 50!News…

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After holding steady in February, Pakistan’s headline inflation is expected to edge higher in March but will continue to taper off through the year, a report by the Finance Division projected on Thursday, citing improving growth prospects. “Inflation is anticipated to remain within the range of 2-3% for February, however, there are prospects of a slight increase to 3-4% by March,” stated the “Monthly Economic Update and Outlook,” for February 2025 issued by the Finance Division’s Economic Adviser’s Wing. The holy fasting month of Ramadan, commencing in Pakistan on March…

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Gold prices in Pakistan extended their losing streak for a third session on Thursday, in line with a global downturn, as the per tola (11.7 grammes) rate slid by Rs3,300 to Rs303,000, data from the All Pakistan Gems and Jewellers Sarafa Association (APGJSA) showed. Similarly, the price of 10 grammes of the precious metal declined by Rs2,829, reaching Rs259,773. Silver prices, on the other hand, remained unchanged at Rs3,314 per tola and Rs2,841 per 10 grammes. Sponsored Content Which car has priority? 80% answer incorrectly!Tips and Tricks [Pics] World’s First…

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The federal government has announced reinstating benefits of fuel cost adjustments for the electricity consumers using up to 300 units and agricultural tube-wells, aiming to ease financial burden on the households and farmers. Federal Minister for Energy Awais Leghari announced a reduction in monthly fuel adjustment charges for agricultural tube-wells and households consuming up to 300 units of electricity. The benefit of reduced fuel adjustment charges was initially stopped for consumers using up to 300 units in June 2015, according to a spokesperson of the Power Division. For agricultural tube-wells,…

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KARACHI: The Sui Southern Gas Company (SSGC) on Wednesday unveiled the gas supply schedule for the holy month of Ramadan 2025. In a statement, the SSGC said that the gas would be available between 3am to 9am for Sehri (pre-dawn meal) and 3:30pm to 10pm for Iftaar meal during Ramadan. As per the utility, consumers in Sindh and Balochistan will have access to gas for only 13 hours. “These timings have been worked out to provide convenience to our esteemed customers for food preparations for Sehar and Iftaar,” the company…

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ISLAMABAD: An International Monetary Fund (IMF) Resilience and Sustainability Facility (RSF) mission on Wednesday conducted a detailed review of Pakistan’s project selection and appraisal process across its federating units, focusing on climate resilience and sustainable development. The RSF mission is visiting Pakistan to discuss around $1 billion in climate financing on top of the $7 billion Extended Fund Facility (EFF) secured by Islamabad last summer as part of an economic recovery plan. That disbursement will take place under the IMF’s Resilience and Sustainability Trust (RST), created in 2022 to provide…

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PESHAWAR: Minister for Finance and Revenue Muhammad Aurangzeb reiterated on Wednesday the government’s plan to carry out reforms in the Federal Board of Revenue (FBR), saying that the government was taking steps to reduce human intervention in tax collection. “When human intervention lessens, leakage will lessen — which is a milder word for saying corruption,” the finance czar said while addressing the business community in Peshawar. “One structural step that we have taken is that the tax policy has been taken out of FBR and placed in the finance ministry,”…

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Gold prices in Pakistan slid to Rs306,300 per tola (11.7 grammes) after a Rs2,400 decline on Wednesday, while silver fell Rs36 to Rs3,314 per tola, according to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Meanwhile, the price for 10 grammes of the yellow metal dropped by Rs2,058 to Rs262,602, whereas the same amount of silver lost Rs31 to settle at Rs2,841. In the international market, the bullion held steady following a 2% decline in the previous session, while investors focused on US President Donald Trump’s tariff plans,…

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LONDON: Crypto investors’ concerns over US tariffs and last week’s $1.5 billion Bybit hack sent Bitcoin tumbling below $90,000 on Tuesday, its lowest level since November 18. Bitcoin, the world’s largest cryptocurrency by market value, was last down 7.25% on the day at $87,169.76. Global investors have been jittery on signs the so-called exceptionalism of the US economy might be fading, while President prepares to impose tariffs. Trump indicated on Monday he still plans to slap a 25% levy on imports from Canada and Mexico from early March and, in…

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