Business & Finance

The gold market witnessed a minor fluctuation in prices on Monday, 6th November 2023. The per tola price of 24 karat gold, a popular choice among investors and jewelry enthusiasts, experienced a slight decrease. This dip in prices offers valuable insights into the ever-changing dynamics of the precious metals market. …

In a recent turn of events, the Pakistani Rupee witnessed a depreciation of Rs 1.95 against the US Dollar in the interbank trading, closing at Rs 283.42, compared to the previous day’s value of Rs 281.47. This shift has raised concerns and discussion within the financial sector and the public …

On Wednesday, November 1st, 2023, the Pakistani Rupee faced a devaluation of Rs1.17 against the US Dollar in the interbank trading, resulting in a closing rate of Rs282.64 compared to the previous day’s closing rate of Rs281.47. However, the Forex Association of Pakistan (FAP) reported different rates for the open …

In a recent decision, the caretaker government has announced that it will retain the prices of petrol and High-Speed Diesel (HSD) until November 15. This move is aimed at providing stability in fuel costs for the next fortnight. According to an official notification from the Ministry of Finance, the price …

Pakistan’s automotive industry is experiencing a significant transformation, mirroring a global shift towards environmentally friendly electric vehicles (EVs). With an increasing number of eco-conscious consumers, several companies are seizing the opportunity to introduce affordable electric bikes. Among these trailblazers, the Crown Group, in partnership with Chinese firms Dongjin and Benling …

In a move that is set to have a significant impact on households and businesses across the country, the interim federal government has given its nod to a substantial increase in gas prices, based on the recommendations of the Oil and Gas Regulatory Authority (OGRA). This decision comes as a …

In a surprising turn of events in the world of precious metals, gold prices saw an unexpected increase on October 31, 2023. The per tola price of 24 karat gold surged by Rs. 900, reaching a new high of Rs. 213,000 on Tuesday, compared to its previous rate of Rs. …

In a significant move towards promoting environmentally friendly electric vehicles (EVs) in Pakistan, TGOOD, a prominent Chinese company, and the REC Group of Pakistan have formalized a memorandum of understanding in Beijing. This momentous collaboration was witnessed by Chairman of the Senate of Pakistan, Muhammad Sadiq Sanjrani, and a Pakistani …

In a significant move that’s set to resonate with automotive enthusiasts and prospective car buyers, Hyundai Nishat Motor (Pvt.) Limited has taken a strategic decision to lower the prices of its vehicles. This dynamic shift is largely attributed to the Pakistani Rupee’s substantial strengthening in relation to the US Dollar, …

In recent trading, the Pakistani Rupee encountered a slight 21-paisa depreciation against the US Dollar in the interbank market, with the closing rate settling at Rs 280.09. This shift comes after a previous day’s closing of Rs 279.88, prompting a closer look at the currency dynamics within Pakistan’s financial landscape. …