The Rupee on Tuesday appreciated by 04 paisa against the US Dollar in the interbank trading and closed at Rs 281.31 against the previous day’s closing of Rs 281.35. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 282.25 and […]
Articles
Gold rates surge to record Rs 406,778 per tola
The price of 24-karat gold reached a historic peak on Tuesday, climbing by Rs3,178 to an unprecedented Rs406,778 per tola as compared to the previous day’s closing of Rs403,600. Figures released by the All Pakistan Sarafa Gems and Jewellers Association showed that the price of 10 grams of 24-karat gold also increased sharply by Rs2,725, […]
Pakistan’s average inflation to rise to 6% in FY26: ADB
The Asian Development Bank (ADB) said in its latest report on Tuesday that Pakistan’s average inflation is expected to rise to 6 percent during fiscal year 2026, reflecting the impact of flood-related supply chain disruptions and recent increase in gas tariffs on prices. Heavy monsoon rains and excess water released from dams in India triggered […]
September inflation at 3.5-4.5% despite floods: Finance Ministry
Pakistan’s finance ministry on Tuesday projected consumer inflation for September to remain in a 3.5-4.5% range, citing flood-related disruptions caused by recent floods. “Despite the disruption caused by recent floods, economic activity has remained broadly stable,” the Ministry of Finance said in its monthly outlook. “The rebound in large-scale manufacturing, supported by encouraging trends in […]
Pakistan, Germany to boost energy sector digitisation
Federal Minister for Energy Sardar Awais Ahmad Khan Leghari on Tuesday reaffirmed Pakistan’s resolve to modernize its power sector, highlighting digitization, green energy transition, and research-led reforms as key to achieving sustainable development goals. He was speaking, during a meeting, with a delegation of the German Development Agency (GIZ), led by Deputy Head of Mission […]
Pharma export increases by 4.27% to $64.99m
The export of pharmaceutical goods from the country has witnessed an increase of 4.27 percent during the first two months of the financial year (2025-26) as compared to the corresponding months last year. Pakistan exported pharmaceutical products worth US$ 64.990 million during July-August (2025-26) as compared to the export of US$62.329 million during July-August (2024-25), […]
Finnish tech giant Metso keen to invest in Reko Diq
Finnish technology giant, Metso, has expressed interest in making a significant investment in Pakistan’s mineral sector, particularly copper mining, with plans to participate in the Reko Diq project. The development came during a meeting between Piia Karhu, President of Minerals at Metso company, Finland, and Minister of State for Finance and Railways, Bilal Azhar Kayani, […]
Shan-led squad announced for South Africa Test series
The national selection committee has named an 18-member squad for the two-Test match series, part of the ICC World Test Championship 2025-27 against South Africa, commencing on October 12. The squad will be further trimmed before the start of the first Test, the Pakistan Cricket Board (PCB) said in a press release. The PCB said […]
ICC features Sidra Amin in ‘batters tipped to shine’ in World Cup
The International Cricket Council (ICC) has included Pakistani cricketer Sidra Amin in its list of “batters tipped to shine” at the Women’s World Cup 2025, which is set to kick off from today, Tuesday, with the first contest scheduled between India and Sri Lanka. The 13th edition of the ICC Women’s Cricket World Cup had […]
‘Better, stronger’ Wembanyama can’t wait for NBA return
Victor Wembanyama said Monday he had emerged from a curtailed season fitter and stronger and can’t wait to get back on the court when the San Antonio Spurs begin their NBA campaign. The 7ft 3ins (2.21m) Frenchman, who was rookie of the year in the 2023-2024 season, was forced to shut down his season in […]