Commerce Reporter

ISLAMABAD: The federal government has decided in principle to empower commercial banks to take possession of mortgaged houses after a cumulative notice period of 90 days in ca

ISLAMABAD: Pakistan is expected to receive more than $1.2 billion from the International Monetary Fund (IMF) under its ongoing Extended Fund Facility (EFF) programme, as the I

KARACHI: Gold prices in Pakistan recorded a sharp increase on Wednesday, reflecting gains in the international bullion market. The price of gold per tola jumped by Rs11,100, r

ISLAMABAD: Prices of locally assembled cars and electric vehicles (EVs) in Pakistan are expected to decline following proposed tax relief measures in the upcoming Budget 2026&

ISLAMABAD: Ishaq Dar chaired a high-level meeting on Tuesday to review the implementation of fuel conservation and additional austerity measures introduced by the government t

KARACHI: The State Bank of Pakistan has increased the policy rate by 100 basis points to 11.50 percent, effective from April 28, 2026, as rising inflation and global uncertain

ISLAMABAD: Pakistan has successfully completed the repayment of $3.45 billion in deposits owed to the United Arab Emirates, according to an official statement issued by the St

KARACHI: Gold prices in Pakistan witnessed a notable decline on Friday, reflecting a downward trend in the international bullion market. In the local market, the price of gold

KARACHI: Gold prices in Pakistan witnessed a significant decline on Thursday, following a downward trend in the global bullion market. According to data released by the All-Pa

KARACHI: The State Bank of Pakistan (SBP) has reported a modest increase in the country’s foreign exchange reserves, signaling relative stability in Pakistan’s ext