Category: Business

Pakistan, ECO discuss regional trade, tourism | The Express Tribune

April 8, 2025 Admin No Comments

Listen to article ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with the Secretary General of the Economic Cooperation Organisation (ECO), Dr Asad Majeed Khan, on Tuesday to discuss enhancing regional economic cooperation and strengthening ECO’s role in promoting trade, commerce, and tourism among its 10 member states. Khan briefed the minister on ECO’s…

Business

Gold Prices To Drop 38%? Market Analysts Predict Major Decline In Coming Years – News18

April 4, 2025 Admin No Comments

Last Updated:April 04, 2025, 17:47 IST Gold Rates Prediction In Future: John Mills, a market strategist at US-based financial services firm Morningstar, projected that gold could fall to $1,820 per ounce. On Monday, March 31, the price of 24-carat gold was recorded at Rs 89,510 per 10 grams. Gold Price Prediction: The soaring price of…

Business

PSX rallies to fresh high on power price cuts – SUCH TV

April 4, 2025 Admin No Comments

The stock market extended its record-breaking streak on Friday, fuelled by positive investor sentiment over the government’s electricity relief package, falling inflation, and optimism surrounding the International Monetary Fund (IMF) programme. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index surged to an intraday high of 120,796.67, gaining 1,858.56 points, or 1.56%. The day’s low was…

Business

8th Pay Commission: Will Pay Panel Be Set Up This Month? Can Discussions On Terms of Reference Be Materialised In April?

April 2, 2025 Admin No Comments

New Delhi: About 36.57 lakh central government employees and 33.91 lakh pensioners are eagerly waiting to hear about the updates on formation of 8th Central Pay Commission which will benefit them financially. The proposed day of implementation is January 1, 2026. 8th Pay Commission: Will Pay Panel Be Set Up This Month (April)? In February…

Business

Why China Is Wary of a Trump-Xi Summit

March 31, 2025 Admin No Comments

In Washington, President Trump has said he is willing to meet with Xi Jinping, China’s top leader. In Beijing, Chinese officials and experts agree that a meeting between the heads of state must precede any broad reset of relations with the United States amid Mr. Trump’s aggressive approach to trade and foreign policy. But arranging…

Business

Fiscal deficit at 85.8% of RE till Feb – The Times of India

March 28, 2025 Admin No Comments

New Delhi: The Centre’s fiscal deficit until February in this financial year touched 85.8% of the revised annual target, compared with 86.5% a year before, thanks to tight spending, particularly capital expenditure, showed official data released on Friday.The data bolsters chances of the government meeting its fiscal deficit target of 4.8% of gross domestic product…

Business

Growth surprise: Could it save the day?

March 26, 2025 Admin No Comments

The story of this Spring Statement is that welfare has been cut back to make up for a notable rise in the cost of servicing the national debt. There is also a trim to the money being given to government departments. There is relatively little else actually happening in policy terms. There were no tax…

Business

Gold prices up by Rs600 per tola | The Express Tribune

March 24, 2025 Admin No Comments

Listen to article Gold prices in Pakistan saw another uptick on Monday, reaching new highs in both global and local markets as demand for the precious metal continues to grow. According to market reports, the price of gold in the international bullion market rose by $5 per ounce, bringing it to $3,027. In response to the global…

Business

US Fed Meeting: FOMC Holds Interest Rate For Second Time At 4.25-4.5%, Sees 50 bps Cut In 2025 – News18

March 20, 2025 Admin No Comments

Last Updated:March 20, 2025, 00:58 IST US Federal Reserve Meet: Along with the decision, officials updated their rate cut projections. They see 50 basis points rate cut in 2025. Jerome Powell says Inflation remains elevated against target of 2% and tariffs were responsible for driving inflation expectations. US Fed Meeting: The US Federal Reserve on…

Business

Shares at PSX surge 1,299 points, crossing 119,273 barrier in new high – SUCH TV

March 20, 2025 Admin No Comments

Pakistan Stock Exchange (PSX) continued with its record-breaking run as the benchmark KSE-100 Index crossed the 119,273 level for the first time amid a gain of over 1,299 points during the opening hours of trading on Thursday. At 10:35am, the benchmark index hovered at 119,196.35, an increase of 1,222.33 points or 1.04%. Buying was observed…

Business