Business News
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Gold uptrend continues as rupee sees no major change
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[ad_1] People buy gold jewellery at a store in Amritsar, India on October 22, 2022. — AFP/File As the rupee continued to see no major changes, gold prices gained for the second straight day on Tuesday. The price of gold…
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Pakistan shares $3bn ‘financing plan’ with IMF
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[ad_1] The International Monetary Fund (IMF) logo is displayed outside its headquarters in Washington, DC, on October 8, 2022. — AFP ISLAMABAD: In a bid to unlock the much-awaited International Monetary Fund (IMF) programme, the government on Tuesday shared its…
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NA approves resolution for not releasing Rs21bn election funds to ECP
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[ad_1] A National Assembly session underway on April 10, 2023. — Facebook/NationalAssemblyOfPakistan ISLAMABAD: The National Assembly approved a resolution of the Standing Committee on Finance and Revenue to not release Rs21 billion for election, despite the apex court’s deadline to issue…
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‘Avanceon, ZOMCO JV an opportunity for Pakistan’ | The Express Tribune
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[ad_1] KARACHI: In a major development for the Pakistani information technology (IT) industry, Avanceon Saudi for Energy Company, a subsidiary of Avanceon Limited, has entered into a joint venture with ZOMCO (Zamil Operations and Maintenance), a subsidiary of the Zamil…
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‘Economy is on the brink of collapse’ | The Express Tribune
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[ad_1] Experts in the field of economics have sounded the alarm on Pakistan’s economic future, urging the country to ramp up its exports and take control of its fiscal deficit. Speaking at a webinar entitled “The State of Pakistan’s Economy…
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Price of gold jumps by Rs1,100 per tola in Pakistan
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[ad_1] A shopkeeper displays gold bars in this undated file photo. — AFP The price of gold in the domestic market increased again on Monday, a day after a major drop due to a decline in the international gold rate….
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SBP issues statement regarding encashment of withdrawn prize bonds
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[ad_1] Eighth draw of Rs25,000 Denomination Prize Bonds held at State Bank of Pakistan Lahore on December 12, 2022. — NNI The State Bank of Pakistan (SBP) on Monday reminded the public that June 30 is the last date for…
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Summary on poll funds to be presented in cabinet as SC deadline ends today
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[ad_1] Prime Minister Shehbaz Sharif chairs a cabinet meeting in Islamabad on Tuesday in this undated photo. — APP/File ISLAMABAD: The National Assembly’s Standing Committee on Finance and Revenue has decided to present the summary of funds to be released…
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Ministry releases Rs129b for development projects | The Express Tribune
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[ad_1] ISLAMABAD: Despite financial constraints and disruptions caused by floods last year, the Ministry of Planning has released Rs129 billion for development projects under the Public Sector Development Programme (PSDP) for the fourth quarter of the year 2022-23. The Water…
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The cost of infighting, conflicts | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan, especially after the 1971 debacle, entered into a very difficult economic phase. Before that, most of its exports were from its eastern wing, while the western wing was the real seat of government and elite capitalists. The…
