Category: Business

Gold

Gold Prices Plunge Sharply as Global Bullion Market Faces Sudden Sell-Off Pressure

Sharp Decline in Gold Rates Shakes Investor Sentiment as International Market Weakens Global and local bullion markets witnessed a significant downturn on Tuesday as gold and silver prices dropped sharply, triggering renewed concern among investors and traders closely watching precious metals volatility. In the international bullion market, gold declined by $89 per ounce, bringing the […]
SBP

SBP Monetary Policy Decision Today: Oil Price Pressures Fuel Expectations of Possible Rate Hike

Monetary Policy Committee to weigh inflation risks and economic stability as Pakistan balances growth concerns with external pressures The SBP monetary policy decision today is set to shape Pakistan’s short-term economic direction as the State Bank of Pakistan prepares to announce its latest benchmark interest rate, currently at 10.5%, amid growing expectations of a possible […]
Gold Price

Gold Prices Rebound in Pakistan After Sharp Previous Session Decline Amid Global Market Volatility

Gold rate recovery follows sharp drop as international bullion volatility drives market uncertainty Gold prices in Pakistan rose on Saturday after a steep decline in the previous trading session, reflecting ongoing volatility in the international bullion market and shifting investor sentiment, according to traders and official data. According to the All Pakistan Sarafa Association, the […]
Punjab

Punjab Film City Announced in Lahore: A Major Leap for Pakistan’s Creative Economy

A 50-acre state-of-the-art media and production hub to transform Pakistan’s film, animation, gaming, and digital content industry LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has announced the establishment of a 50-acre Punjab Film City within the Nawaz Sharif IT City in Lahore, marking a significant milestone in Pakistan’s creative and digital economy development. The project […]
Petrol Prices

Petrol Prices Will Remain Volatile Until Permanent Ceasefire, Says Petroleum Minister

Energy costs tied to global instability as Pakistan balances subsidies, IMF conditions, and import pressures ISLAMABAD: Petrol prices will remain volatile until permanent ceasefire is achieved in regions driving global energy uncertainty, Petroleum Minister Ali Pervaiz Malik said on Sunday, warning that fuel costs are likely to stay unpredictable amid ongoing geopolitical tensions and supply […]
NEPRA

Power Division Urges NEPRA to Reinstate Fee Waiver for Small Solar Consumers Amid Renewable Push

Government warns new licensing fees may slow rooftop solar adoption and burden middle-income households ISLAMABAD: Pakistan’s Power Division has formally approached the National Electric Power Regulatory Authority (NEPRA), urging it to restore a fee waiver and licensing exemption for small-scale solar consumers installing systems up to 25 kilowatts (kW), officials confirmed. In an official communication, […]
Metro Bus

Metro Bus Service Restored in Islamabad-Rawalpindi After Security Disruptions Linked to US-Iran Talks

Partial reopening of Metro Bus brings relief to commuters, but key Islamabad route remains closed amid ongoing security concerns ISLAMABAD: Public transport services in the twin cities of Islamabad and Rawalpindi have begun returning to normal after a week-long suspension triggered by heightened security measures linked to sensitive regional diplomatic engagements, including discussions surrounding US-Iran […]
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