Global oil prices continue downward trend amid easing supply concerns
The combination of these factors has led to diminished investor hopes for robust fuel demand, contributing to the ongoing decline…
Economy
Follow the latest economy news, inflation updates, currency movements, interest rates, trade, taxation, employment, government budgets, energy prices, and financial policy developments from Pakistan and around the world. Get clear reporting and analysis on the economic indicators and decisions that affect households, businesses, investors, and national growth. Economic coverage commonly includes policy, jobs, trade, banks, inflation, taxes, and broader economic conditions.
Punjab govt introduces super tax on wealthy landowners
Historically, agricultural tax collection in Punjab has been relatively low. In FY2014, the collection was only Rs0.83 billion, almost the…
SBP lowers policy rate by 2.5 percent as inflation eases
MPC noted that various developments since its last meeting that could have implications for the macroeconomic outlook. SBP lowers policy…
Govt proposes ‘legalising cryptocurrency’ in new amendments
The proposed amendments define digital currency as “a digital form of currency issued by the bank under section 24 as…
Pakistan considering legalising Bitcoin, cryptocurrencies
Another dual-national deputy governor, Dr Saeed Ahmad, has previously served as an adviser to the International Monetary Fund (IMF). Pakistan…
National Savings Scheme Profit rates decrease by 2%: Check latest rates here
With the new change, there will be no change in the rate of return on regular savings accounts, which will…
Govt increases petrol prices for next 15 days: Here’s Updated rates from November 1
The price of light diesel has been reduced by Rs 2 61 paise per litre, the new price of light…
Govt decides to shut CNG stations for two months
Reports said the industries will have to utilize electricity provided by the distribution companies in their regions. Govt decides to…
Latest currency exchange rates in Pakistan today – October 31, 2024
Exchange rates usually vary based on the location and the Exchange Company or bank involved in the transaction. Latest currency…
Gold Rate in Pakistan today – October 31, 2024
Sarafa Markets in various cities provided the above rates. Gold Rate in Pakistan today – October 31, 2024. According to…