Economy
LPG price increased by OGRA
Islamabad, January 01, 2024 : On Monday, the Oil and Gas Regulatory Authority (OGRA) declared a substantial hike in the price of liquefied petroleum gas (LPG), to take effect from January 1, 2024. According to a notification, the regulatory authority has established the price of locally produced LPG at Rs256.42 per kg, marking an increase…
Proposal for Rs4.66 per unit increase in electricity tariff
Islamabad, December 20, 2023 : The Central Power Purchasing Agency (CPPA) has submitted an application to the National Electric Power Regulatory Authority (NEPRA) requesting a Rs4.66 per unit electricity tariff hike. Details reveal that the CPPA, representing power distribution companies (DISCOs), has urged NEPRA to sanction a Rs4.66 per unit increase under the Fuel Charges…
Gold rate witnesses upward trend in Pakistan
Karachi, December 20, 2023 : The price of gold experienced an upward trend on Wednesday, with the per tola price of 24-karat gold surging in both the global and local markets. Details indicate a rise of Rs 900 per tola in the price of 24-karat gold in the country. The All Pakistan Gems and Jewelers…
Gold prices rise in Pakistan
Karachi, December 15, 2023 : On Friday, the local market saw a significant surge in the per tola price of 24-karat gold. Gold prices in the domestic market rose by Rs5,700 per tola, reaching Rs218,300, as reported by the All Sindh Sarafa Jewellers Association. The cost of 10 grams of 24-karat gold also surged by…
PSX gains 170 points
Islamabad, December 14, 2023 : The trading day for Pakistani equities commenced with a downward trend, extending its decline to revisit the previous day’s lows at around 64,400. However, buyers stepped in and effectively maintained support at this level once again. The market index then traded within a specific range for the remainder of the…