Commerce Reporter

ISLAMABAD: The World Bank has revised Pakistan’s GDP growth forecast for FY 2025-26 downward from 3.1% to 2.6%, citing the impact of ongoing catastrophic floods that hav

KARACHI: Gold prices in Pakistan surged to fresh record levels on Tuesday, with 24-carat gold climbing Rs5,100 to reach Rs398,800 per tola. The 10-gram price also increased by

KARACHI: Sindh Chief Minister Syed Murad Ali Shah met with Türkiye’s newly appointed Consul General Ergul Kadak and welcomed him on assuming his responsibilities in

KARACHI: Gold prices soared to fresh all-time highs on Tuesday in both international and domestic markets, driven by a strong global rally in bullion. In the international mar

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal has said that Punjab’s economy has suffered losses worth Rs50 billion due to the devastating floods.

KARACHI: The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday kept the policy rate unchanged at 11%, a decision broadly in line with market expec

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has set new prices for imported RLNG for September, giving both Sui companies a fresh price hike compared to last mont

ISLAMABAD: The government has finally lifted the long-standing ban on new gas connections for domestic use, giving much-needed relief to households that had been waiting for y

MUMBAI/KARACHI: Heavy rains and widespread flooding in basmati rice-growing regions of India and Pakistan have raised concerns over output of the premium staple, driving price

KARACHI: The Pakistan Stock Exchange (PSX) surged to fresh records on Wednesday, buoyed by investor optimism following the State Bank of Pakistan’s (SBP) positive assess