The Pakistani rupee fell second day in a row against the US Dollar after opening trade at 278 in the interbank market.

It was bearish against the greenback today.

The interbank rate stayed at 279 most of the day before closing at the 278 level. Ope…

The International Monetary Fund (IMF) has projected GDP growth rate for Pakistan at 2 percent for the current fiscal year 2024 compared to -0.2 percent in fiscal year 2023, and projected decline in inflation from 29.2 percent to 24.8 and unemployment…

The petroleum products production witnessed an increase of 3.82 percent during July-February 2023-24 as its indices went up to 92.74 from 89.33 during July-February 2022-23, says Pakistan Bureau of Statistics (PBS).

Petroleum products production wit…

The overall Large-Scale Manufacturing (LSM) sector has shown a growth of -0.51 percent during the first eight months (July-February) 2023-24 when compared with the same period of last year, says Pakistan Bureau of Statistics (PBS).

The Large Scale M…

The Pakistan Telecommunication Authority (PTA) is making a big leap towards sustainability with a nationwide solar power initiative.

The authority announced plans to equip all its buildings across Pakistan with solar panel systems, significantly red…

Former Chairman of the Senate Mian Raza Rabbani has strongly criticized the privatization process of Pakistan International Airlines (PIA), labeling it as elitist and unconstitutional.

In a press release, Senator Rabbani said PIA falls under the Fed…

Prime Minister Shehbaz Sharif on Tuesday stressed the need for Pakistan and Saudi Arabia to collaborate closely to accelerate the first phase of Saudi investments in Pakistan.

Talking to a high-powered Saudi delegation led by Saudi Foreign Minister …

Wheat prices crash in Punjab as farmers are forced to sell below the government’s minimum support price of Rs. 3,900 per 40 kg, farmers to lows of Rs. 3,200, while private buyers are offering Rs. 3,600 per 40 kg.

The crash is reflected in the wholes…

Gold price in Pakistan continued its upward surge on Tuesday, gaining Rs. 2,400 per tola to near the Rs. 250,000 mark.

According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) increased by Rs. 2,400 per tola to Rs. 2…

Attock Cement Pakistan Limited (PSX: ACPL) has completed the construction of its new plant capable of producing 1.275 million tons of cement per annum, the cement maker told the main bourse on Tuesday.

‘Construction and installation work with respec…