Business News

Title Description Publish Date Image
Petrol prices likely to increase by Rs11.95 per litre <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-01-14/l_774166_023314_updates.jpg"/>Ogra sends summary to the federal government, recommending price hike for petrol, diesel Thu, 14 Jan 2021 14:20:12 +0500 Alternate Text
'Welcome sign': Pakistani textile unit acquires manufacturing facility in US <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-01-13/l_773682_093624_updates.jpg"/>“It is with great interest that I read that Artistic Milliners has acquired a manufacturing facility in California,” says Razak Dawood Wed, 13 Jan 2021 22:18:00 +0500 Alternate Text
Pakistani exports to US witness over 20% rise in Dec 2020, says PM's adviser <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-01-08/l_771255_094849_updates.jpg"/>This is the first time that our exports to US have crossed $400 million-mark for three consecutive months, says Dawood Fri, 08 Jan 2021 21:42:26 +0500 Alternate Text
PM Imran Khan thanks overseas Pakistanis for 'record-breaking' month of remittances <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-01-08/l_771225_072149_updates.jpg"/>For the first time Pakistan's remittances have been above $2bn for six consecutive months, says PM Imran Khan Fri, 08 Jan 2021 18:38:08 +0500 Alternate Text
Shabbar Zaidi says reversing zero rating for exports regressive approach for Pakistan tax system <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-01-06/l_770088_122503_updates.jpg"/>Fought and won the war for abolition of zero rating for exports, says former FBR chairperson Shabbar Zaidi Wed, 06 Jan 2021 12:18:00 +0500 Alternate Text
Bitcoin hits record high price of $30,000 <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-01-03/l_768178_123605_updates.jpg"/>“Bitcoin could compete more intensely with gold as an 'alternative' currency over the coming years," analysts say Sun, 03 Jan 2021 00:15:00 +0500 Alternate Text
PM Imran Khan congratulates exporters for 'record exports' in Dec 2020 <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-01-01/l_767640_064557_updates.jpg"/>We will provide full support to promote export culture, says PM Imran Khan to Pakistani exporters Fri, 01 Jan 2021 18:27:00 +0500 Alternate Text
Shabbar Zaidi reveals why he left FBR <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-12-31/l_767169_023510_updates.jpg"/>Imran Khan on right path. With him," tweets Shabbar Zaidi Thu, 31 Dec 2020 14:12:00 +0500 Alternate Text
Latest petrol price in Pakistan: Rates expected to increase, say sources <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-12-30/l_766686_060113_updates.jpg"/>OGRA has asked the Petroleum Division to increase the price of diesel by Rs3, per sources Wed, 30 Dec 2020 18:48:00 +0500 Alternate Text
Govt announces new Electric Vehicle policy for four wheelers <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-12-22/l_762680_070158_updates.jpg"/>Federal Minister for Industries and Production Hammad Azhar shared the salient features of the policy on Twitter Tue, 22 Dec 2020 19:00:15 +0500 Alternate Text
SBP launches consultation process to enhance financial inclusion of women <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-12-22/l_762158_021632_updates.jpg"/>SBP said the gender gap in financial inclusion is rising as only 11.7 million, or 18% of the adult women, have active bank accounts compared to 51% for men Tue, 22 Dec 2020 01:59:05 +0500 Alternate Text
SBP committed to reducing gender gap in financial inclusion <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-12-20/l_761201_010442_updates.jpg"/>The SBP said only 18% percent of adult women in Pakistan have an active bank account compared with 51% men Sun, 20 Dec 2020 00:59:23 +0500 Alternate Text
Latest petrol price in Pakistan <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-12-14/l_758562_101733_updates.jpg"/>OGRA suggests government to increase petrol price by Rs5.5 per litre Mon, 14 Dec 2020 22:08:14 +0500 Alternate Text
Old Rs25,000 prize bonds to become dysfunctional from May 31: Finance Division <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-12-10/l_756551_012613_updates.jpg"/>Notification says the sale of National Prize Bonds of Rs25,000 has also been stopped immediately Thu, 10 Dec 2020 13:22:51 +0500 Alternate Text
Sugar now selling upto Rs23 cheaper <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-12-05/l_753692_123218_updates.jpg"/>Ex-mills rate of sugar in Sindh and Punjab is now Rs78 per kg, Chairman All Pakistan Traders Association Ajmal Baloch says Sat, 05 Dec 2020 00:23:00 +0500 Alternate Text
DIRBS system halted mobile phone smuggling in Pakistan, PM Imran briefed <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-12-04/l_753678_114550_updates.jpg"/>PM Imran told many international companies have shown interest in manufacturing mobile phone in Pakistan Fri, 04 Dec 2020 21:36:49 +0500 Alternate Text
Latest petrol price in Pakistan: Rates to remain same till December 15 <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-11-30/l_751640_094742_updates.jpg"/>Government raises price of High-Speed Diesel citing "significant increase" in the international rates Mon, 30 Nov 2020 21:11:25 +0500 Alternate Text
PTI govt's policies powering economic growth in Pakistan, key indicators show <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-11-28/l_750163_124037_updates.jpg"/>PTI govt followed liberal foreign investment regime, introducing measures to promote doing business in Pakistan Sat, 28 Nov 2020 00:34:08 +0500 Alternate Text
SBP keeps policy rate unchanged, says 2021 inflation expected to be in 7-9% range <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-11-23/l_747944_063715_updates.jpg"/>State Bank of Pakistan had kept policy rate unchanged at 7% in its review meeting in September Mon, 23 Nov 2020 20:03:00 +0500 Alternate Text
Petrol prices reduced by federal govt <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-11-15/l_744220_091931_updates.jpg"/>Kerosene oil maintained at a price of Rs65.29 a litre after govt announces cut in petrol prices Sun, 15 Nov 2020 21:15:49 +0500 Alternate Text
SBP eyes higher FDI, makes remitting disinvestment proceeds easier <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-10-27/l_735558_022739_updates.jpg"/>Goal 'is to make Pakistan a more attractive place for investment', says SBP Tue, 27 Oct 2020 14:21:30 +0500 Alternate Text
RB Hygiene Home partners with Survey Auto to digitise business operations <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-10-23/l_733653_031458_updates.jpg"/>Survey Auto will help RB in ensuring that highest quality hygiene products are accessible to everyone Fri, 23 Oct 2020 15:13:08 +0500 Alternate Text
Petrol price to remain same for October in Pakistan <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-10-15/l_729809_092046_updates.jpg"/>Petrol will continue to cost Rs103.97, diesel Rs104.6, kerosene oil Rs65.29 and light diesel oil Rs62.88 Thu, 15 Oct 2020 21:09:00 +0500 Alternate Text
Bears take over PSX as KSE 100 loses 75 points <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-10-15/l_729800_072708_updates.jpg"/>Close to 211.9 million shares had changed hands by the end of the session, with a total worth of nearly Rs8.03 billion Thu, 15 Oct 2020 19:16:00 +0500 Alternate Text
SBP announces Naya Pakistan housing scheme's subsidy markup rates <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-10-13/l_728386_124512_updates.jpg"/>"Facility will allow all individuals to avail bank’s financing at subsidized and affordable markup rates," says SBP Tue, 13 Oct 2020 00:32:00 +0500 Alternate Text
Gold price in Pakistan increases by Rs300 on October 2 <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-10-02/l_723497_075737_updates.jpg"/>The price for 24 karat gold stood at Rs112,000 on Friday Fri, 02 Oct 2020 19:42:00 +0500 Alternate Text
PKR to USD and other foreign currency rates in Pakistan on October 2 <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-10-02/l_723494_073718_updates.jpg"/>US Dollar buying rate stood at Rs165 whereas selling is Rs165.7 Fri, 02 Oct 2020 19:37:00 +0500 Alternate Text
KSE-100 closes at 40,676 points as bulls rule PSX <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-10-01/l_723009_090320_updates.jpg"/>A total of 371,732,175 shares worth Rs12.504 billion exchanged hands as compared to 473,730,084 during the previous day Thu, 01 Oct 2020 21:13:00 +0500 Alternate Text
Coronavirus: Qatar Airways says gets $2bln state aid after huge loss <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-09-27/l_721045_120500_updates.jpg"/>"Qatar Airways is familiar with facing exceptional challenges; however, 2019-20 has been one of the most difficult years in the airline's history" Sun, 27 Sep 2020 23:50:00 +0500 Alternate Text
UK faces one million job cuts in 2020 due to coronavirus: study <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-09-14/l_714786_115950_updates.jpg"/>Official data showed that Britain has already shed around 240,000 jobs in the first six months of 2020 Mon, 14 Sep 2020 23:46:00 +0500 Alternate Text
Quality labs being set up to promote products at international level: PM <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-09-02/l_709049_075922_updates.jpg"/>Government paying special attention to introduction of technology and innovation in agriculture and other fields Wed, 02 Sep 2020 23:51:00 +0500 Alternate Text
Bulls rule PSX as market closes at 41,110 points <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-08-31/l_708086_053924_updates.jpg"/>Some 198 of the 413 companies that transacted shares in the stock market registered gains Mon, 31 Aug 2020 19:20:00 +0500 Alternate Text
PM Imran rejects hike in petrol price <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-08-31/l_708093_072002_updates.jpg"/>People are facing high food inflation and need some reprieve, especially because of heavy rains, says PM Imran Mon, 31 Aug 2020 19:18:00 +0500 Alternate Text
Commerce adviser directs exporters to contact commerce ministry if Karachi rain delayed exports <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-08-26/l_706172_120549_updates.jpg"/>Gen Bajwa also directed the troops to set up relief operations in Karachi after heavy rains lash the city Wed, 26 Aug 2020 23:55:43 +0500 Alternate Text
In bid to bolster forex reserves, SBP introduces 'Roshan Digital Accounts' for overseas Pakistanis <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-08-26/l_705162_064813_updates.jpg"/>SBP's move aimed at attracting deposits from overseas Pakistanis to bolster foreign exchange reserves Wed, 26 Aug 2020 20:10:00 +0500 Alternate Text
Saudi Aramco profits plunge as COVID-19 crisis undercuts oil demand <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-08-09/l_698324_114002_updates.jpg"/>Aramco posts a net profit of $6.6 billion for the three months to June 30, compared to $24.7 billion for the same period last year Sun, 09 Aug 2020 23:55:00 +0500 Alternate Text
Gold prices break past Rs132,000-a-tola mark, registering record high <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-08-07/l_697410_100359_updates.jpg"/>Latest gold rates in Pakistan: Gold price for 10 grammes climbed Rs2,144 to reach Rs113,169, the ASSJA says Fri, 07 Aug 2020 22:18:00 +0500 Alternate Text
Gold rally continues in Pakistan, gaining Rs800 to reach Rs129,500 <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-08-06/l_696932_092113_updates.jpg"/>The price of 10 grammes of gold climbed Rs685 to reach Rs111,025, the ASSJA says Thu, 06 Aug 2020 21:42:00 +0500 Alternate Text
Gold rates register historic high in Pakistan, reaching Rs128,700 a tola <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-08-05/l_696429_103229_updates.jpg"/>Gold rates continue weeks-long rally to rise Rs4,800 and clock in at Rs128,700 per tola in Pakistan Wed, 05 Aug 2020 22:50:00 +0500 Alternate Text
Chevron Pakistan partners with Careem to facilitate Captains <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-08-05/l_696422_093401_updates.jpg"/>Chevron Pakistan will partner with Careem to offer attractive oil change packages for Careem Captains across Karachi, Lahore, and Islamabad Wed, 05 Aug 2020 21:14:15 +0500 Alternate Text
Nokia claims to return to profit despite drop in sales due to virus pandemic <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-31/l_694856_010437_updates.jpg"/>Net profit came in at 94 million euros ($112 million) compared to a loss of 193 million euros during April-June last year Fri, 31 Jul 2020 17:39:38 +0500 Alternate Text
Gold prices in Pakistan shoot up to Rs122,750 per tola <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-29/l_693854_065914_updates.jpg"/>Latest gold rates: Gold prices in international markets shot up $25 an ounce to almost $1,955 Wed, 29 Jul 2020 18:59:00 +0500 Alternate Text
Gold reaches another record peak; equities struggle with mounting COVID-19 fears <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-29/l_693340_125251_updates.jpg"/>Gold chalked up another record peak on Tuesday before pulling lower as the dollar clawed back earlier losses, while equity markets struggled with mounting coronavirus fears, dealers said. Wed, 29 Jul 2020 00:41:00 +0500 Alternate Text
Gold forges record high as investors rush into safe-haven commodity <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-27/l_692843_082259_updates.jpg"/>The safe haven commodity looking mighty attractive after another troubling weekend of COVID-19 and US-China headlines," says an analyst Mon, 27 Jul 2020 19:38:09 +0500 Alternate Text
Gold reaches historical high in Pakistan, clocks in at Rs123,800 a tola <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-27/l_692841_072312_updates.jpg"/>In the international markets, gold rates shot up $46 to $1,942, registering the highest price since Sept 2011 Mon, 27 Jul 2020 19:18:26 +0500 Alternate Text
Gold rally continues in Pakistan <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-24/l_691442_090238_updates.jpg"/>Gold rate for 10 grammes rose Rs1,200 to Rs101,766, according to All Sindh Sarafa and Jewellers Association Fri, 24 Jul 2020 20:59:29 +0500 Alternate Text
How the world is responding to the coronavirus pandemic with gold <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-24/l_691432_063305_updates.jpg"/>Globally, the gold rates continue rising, heading for a $1,900 mark Fri, 24 Jul 2020 20:33:00 +0500 Alternate Text
Gold skyrockets to Rs117,300 a tola in Pakistan, touching new all-time high <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-23/l_690915_072806_updates.jpg"/>Latest gold rates in Pakistan: The jewelers' association says gold rate for 10 grammes shot up Rs1,972 to Rs100,566 in Pakistan Thu, 23 Jul 2020 20:23:00 +0500 Alternate Text
US signs $2 billion vaccine deal with Pfizer and BioNTech <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-22/l_690450_120220_updates.jpg"/>This was accomplished with relatively low doses and caused side effects that were mild to moderate but transient, which is considered normal Wed, 22 Jul 2020 21:31:02 +0500 Alternate Text
Dubai's largest bank sees profit plunge over coronavirus impact <img src="https://www.thenews.com.pk/assets/uploads/updates/2020-07-21/l_689485_121826_updates.jpg"/>Emirates NBD saw second-quarter net profit this year dive 58% to $545 million from $1.3 billion a year ago Tue, 21 Jul 2020 00:06:00 +0500 Alternate Text