Commerce Reporter

 The State Bank of Pakistan’s (SBP) foreign exchange reserves fell below $7 billion for the first time in the current fiscal year, posing challenges for the governm

The Oil and Gas Regulatory Authority (OGRA) issued a notification on Friday, announcing a surge in liquefied natural gas (LNG) prices. The increase stands at 10.11 percent, l

The State Bank of Pakistan (SBP) declared Monday (December 25) as a bank holiday in observance of both Quaid-i-Azam Day and Christmas, as announced on Thursday. This announcem

In Karachi, gold prices experienced a Rs 500 drop per tola on Thursday, reaching Rs 218,000. Specifically, the cost of 24 tola gold decreased by Rs 500, marking a shift from i

In Karachi, the price of gold experienced an upward trend, with the per tola rate of 24-karat gold surging in both the global and local markets on Wednesday. Reports indicate

The Central Power Purchasing Agency (CPPA) has submitted an application to the National Electric Power Regulatory Authority (NEPRA), proposing a Rs4.66 per unit hike in electr

In Karachi, the Pakistan Stock Exchange (PSX) witnessed a sharp decline of more than 2,600 points in the benchmark KSE-100 index during intra-day trading on Tuesday. Reports f

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet in Islamabad approved the draft of a crucial agreement between K-Electric (KE) and Pakistani government ent

The citizens of Karachi might soon face additional financial strain as the Federal government has requested a Rs 1.72 per unit increase in the tariff for K-Electric consumers.

The Finance Ministry has declined support for a proposal involving senior armed forces officials heading new Performance Management Units (PMUs) in struggling power distributi