Business & Finance

Gold price per tola hits new record high in Pakistan

Gold prices in Pakistan continued their record-setting streak, hitting a fresh high on Saturday, in line with their...

FBR successfully thwarts attempt to manipulate newly launched FCAS

Federal tax collecting authority says criminal case has also been lodged against the culprits

Trump will impose Canada, Mexico, China tariffs today

WASHINGTON: President Donald Trump will impose tariffs Saturday on the three largest US trading partners — Canada,...

EU rep outlines key conditions for GSP+ trade benefits

Petrol price hiked by Re1, diesel’s by Rs7

SPI-based inflation down 0.36pc

FPCCI plans to raise Pakistan-Iran trade target to $10bn

Effective today: LPG price raised by Rs3.68

‘Severe financial distress hinders NHA’s ability to invest in operations’

Companies

Business & Finance

Zarea set to raise Rs1bn via landmark IPO

Published 01 Feb, 2025 06:30am

Business & Finance

Jazz inaugurates its Karachi Experience Centre

Published 01 Feb, 2025 06:30am

Business & Finance

First PayPak awards ceremony held at Murree

Published 01 Feb, 2025 06:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Budget 2024-25: income tax calculator for FY25

Money / Banking

Philippine central bank sees at least 50 bps cut in policy rates in 2025

India’s Punjab National Bank eyes $1.96 billion bad loan recovery in FY25, CEO says

US dollar strengthens

Taxes

FBR successfully thwarts attempt to manipulate newly launched FCAS

‘Papers not filed to answer notice’: Higher tribunal upholds stance of tax dept

IHC stops FBR from taking action against sealed eatery

Industry

FPCCI plans to raise Pakistan-Iran trade target to $10bn

PHMA seeks relief package for construction industry

‘Pakistan taking leading role in the FAME initiative’

Statistics

SPI-based inflation down 0.36pc

National Saving Schemes: CDNS decreases rates of return following policy rate cut

Policy measures successfully curbing inflation: Finance Division

Real Estate

Country Garden shares surge in resumed trade after near 10-month halt

Country Garden expects to reach terms with creditors in Feb, lawyer tells court

China’s property investment drops 10.6% in 2024, sales slump 12.9%

Interest Rates

Rate cut to catalyse real estate growth: Eighteen CEO

Fed holds rates steady, drops reference to inflation ‘progress’ from policy statement

US Fed expected to hold rate steady despite Trump pressure to cut

Budgets

Markets

Aurangzeb hints at tax reforms for Pakistan’s salaried group

Updated 28 Jan, 2025 09:13pm

Pakistan

PBC apologies for mistake, now says Pakistan’s salaried class paying up to 3 times more tax than in India

Updated 26 Jul, 2024 05:10pm

Business & Finance

AFF’s tax memorandum on federal & provincial finance acts, 2024

Published 06 Jul, 2024 01:48pm

PDWP approves 2 schemes worth over Rs13bn

LAHORE: The Provincial Development Working Party (PDWP) for the fiscal 2024-25 on Friday approved two development...

Published 01 Feb, 2025 06:30am

China home prices, sales slip further in January, report shows

China’s sales of new housing and prices for existing residential units both continued to decline in January, a...

Published 01 Feb, 2025 10:46am

Stocks

Indian shares muted as budget tax relief offsets capex concerns

Indian shares ended little changed on Saturday as investors were whipsawed by a smaller-than-expected hike in...

Updated 01 Feb, 2025 08:42pm

Money & Banking

Philippine central bank sees at least 50 bps cut in policy rates in 2025

BAGUIO: The Philippine central bank could cut its key policy rate by at least at least 50 basis points this year to...

Published 01 Feb, 2025 10:42am

Money & Banking

India’s Punjab National Bank eyes $1.96 billion bad loan recovery in FY25, CEO says

MUMBAI: Punjab National Bank (PNB), India’s second largest state-run lender by assets, aims to recover bad loans...

Published 01 Feb, 2025 10:39am

Interest Rates

Rate cut to catalyse real estate growth: Eighteen CEO

ISLAMABAD: Following the recent announcement by the State Bank of Pakistan (SBP) to reduce the policy rate to 12...

Published 01 Feb, 2025 06:30am

FD unveils commemorative coins issuance policy

ISLAMABAD: The Finance Division unveiled policy regarding issuance of commemorative coins, while admitting that the...

Published 01 Feb, 2025 06:30am

CCP, SECP hold productive meeting

ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Securities and Exchange Commission of Pakistan ...

Published 01 Feb, 2025 06:30am

German team explores investment scope in energy sector

KARACHI: A German delegation met Sindh Minister for Energy, Development and Planning Syed Nasir Hussain Shah and...

Published 01 Feb, 2025 06:30am

IT cos urge govt to introduce satellite internet services

KARACHI: IT exporting companies have urged the government to expedite the launch of satellite internet services by...

Published 01 Feb, 2025 06:30am

Rs4bn ‘malfeasance’: PALPA demands forensic audit of PIA Pension Trust

KARACHI: Pakistan Airline Pilots Association (PALPA) has demanded a complete forensic audit of the PIA Pension...

Published 01 Feb, 2025 06:30am

Banks asked to promote climate- resilient, tech-based agri financing

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has advised banks to promote climate resilient and...

Published 01 Feb, 2025 06:30am

Govt raises petrol price by Re1, HSD’s by Rs7 per litre

New prices come into effect from Feb 1, 2025

Published 31 Jan, 2025 11:41pm

Financial

National Saving Schemes: CDNS decreases rates of return following policy rate cut

The Central Directorate of National Savings (CDNS) has reduced the rates of return on a number of its National...

Updated 31 Jan, 2025 08:29pm

Industry

GSP+ trade benefits linked to progress on human rights, EU reminds Pakistan

Encourages Pakistan to continue on reform path as country prepares for reapplication under upcoming new GSP+ regulation

Updated 31 Jan, 2025 08:29pm

Commodities

Gold price per tola hits fresh all-time high in Pakistan

Gold prices in Pakistan hit a fresh record high on Friday, in line with their increase in international rates. In...

Updated 31 Jan, 2025 07:13pm

Stocks

Pakistan’s B2B platform Zarea plans IPO

Zarea Limited, one of Pakistan’s largest commodities B2B platforms, is planning an initial public offering (IPO) at...

Updated 31 Jan, 2025 08:30pm

Companies

Bettani-2 appraisal well: OGDCL begins oil & gas production

Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has...

Updated 31 Jan, 2025 07:24pm

Stocks

Rupee remains stable against US dollar

Currency settles at 278.95 against US dollar in the interbank market

Updated 31 Jan, 2025 07:43pm

Stocks

Late-session selling trims intra-day gains but KSE-100 still closes over 1,000 points higher

Buying momentum comes amid encouraging results and payouts

Updated 31 Jan, 2025 07:22pm

Petrol, HSD prices likely to rise again

ISLAMABAD: In the first fortnight of February, petrol and high-speed diesel (HSD) rates are expected to rise...

Published 31 Jan, 2025 02:31am

Stocks

Wall St advances on Apple gains, in-line inflation reading

Wall Street’s main indexes rose on Friday, driven by gains in Apple following its strong sales forecast and a...

Published 31 Jan, 2025 08:54pm

Stocks

Mashreq Bank lifts Dubai, Abu Dhabi edges up

Stock markets in the United Arab Emirates closed higher on Friday, with Dubai leading the charge, driven by gains in...

Published 31 Jan, 2025 05:55pm

Forex

India’s FX reserves halt 7-week losing spree as rupee pressure eases

MUMBAI: India’s foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan....

Published 31 Jan, 2025 05:48pm

Stocks

Sri Lanka shares gain for the fifth month in a row

Sri Lankan shares advanced for the fifth consecutive month on Friday, with a rise in information technology stocks...

Published 31 Jan, 2025 05:45pm

Energy

Global LNG: Asian spot LNG prices down amid low demand during Lunar New Year holiday

LONDON: Asian spot liquefied naturalgas (LNG) prices fell this week amid low demand during the Lunar New Year...

Published 31 Jan, 2025 05:41pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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