The price of 24 karat per tola gold witnessed an increase of Rs.7,800 on Monday and was sold at Rs.350,000 against its sale at Rs.342,200 on the previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported. The prices of 10 grams of 24 karat also increased by Rs.6,687 to Rs.300,068 from Rs 293,381 […]
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Gold prices hit record high in Pakistan amid global surge
Gold prices in Pakistan soared to an all-time high as the per tola rate jumped by Rs4,800, reaching Rs306,300 in the local bullion market. The price of 10 grams of gold also surged by Rs4,115 to Rs262,602, driven by a sharp $47 increase in international gold rates, which now stand at $2,916 per ounce. This […]
Ex-PM says national budget ‘based on a lie’ of 24% increase in tax revenue
Former prime minister and PMLN Senior Vice President Shahid Khaqan Abbasi has said that the PTI-led government’s entire federal budget 2021-22 was based on the lie that this government will increase the tax revenue collection of the country by 24 percent. “They have not been able to meet a single one of their revenue targets […]
IRR points out 30% rise in poverty, 15 to 20 people ending lives daily
ISLAMABAD: Institute of Research and Reforms (IRR) Chairman Senator Rehman Malik urged the government to present a people-friendly and pro-poor budget for the upcoming fiscal year. In Pakistan, “with a 14 percent inflation rate, there is a 30 percent rise in the poverty rate, 80.5 million people are standing on the edge of the poverty […]
Colombia-led multinational operation seizes 94.2 tonnes of cocaine in 105-day period
A multinational anti-narcotics operation led by Colombia has seized up to 94.2 tonnes of cocaine in the past 105 days worth some $3.2 billion, President Ivan Duque said on Monday Joint operations involving 18 countries from Latin America and Europe as well the United States and Canada took part in the seizure of the cocaine […]
Asad Umar defends the decision of inflated petrol prices
The recent decision to increase petroleum prices was defended by the government. The price was increased up to 6.45 percent but the Oil and Gas Regulatory Authority (OGRA) had proposed double the price increased, however, that was partially passed on to the consumers. State Bank of Pakistan (SBP) organized an event on which Asad […]