Gold prices in Pakistan registered a significant decline on Tuesday, with the price of 24-karat gold per tola falling by Rs10,400 in the local bullion market. According to data released by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold settled at Rs432,236 per tola after the latest decrease. Likewise,…
Pakistanis may soon receive significant relief in petroleum prices as the federal government moves to pass on the benefits of falling international oil prices to consumers. According to Petroleum Minister Ali Pervaiz Malik, Prime Minister Shehbaz Sharif has directed the relevant authorities to ensure that the decline in global crude oil prices is reflected in…
The Punjab government has proposed a significant change in how restaurants are taxed, particularly focusing on payments made through digital methods such as debit cards, credit cards, QR payments, and mobile wallets. According to budget proposals for FY 2026–27, the province is reviewing a plan to remove the preferential tax treatment currently available on digital…
Gold prices in Pakistan witnessed a dramatic decline on Wednesday, falling by more than Rs12,000 per tola after renewed military tensions between the United States and Iran triggered sharp movements in international financial markets. The decline follows fresh US strikes on Iranian targets, which have intensified geopolitical uncertainty and altered investor sentiment across global commodity…
Trading at the Pakistan Stock Exchange was temporarily suspended on Monday after the benchmark KSE-100 Index suffered an unprecedented plunge of nearly 15,000 points within minutes of opening.The sudden fall activated the exchange’s circuit-breaker mechanism, which automatically halts trading during extreme volatility to prevent panic-driven losses. KSE-100 Records One of the Largest Intraday Declines The…
Gold prices in Pakistan continued their sharp upward momentum, moving dangerously close to the Rs. 500,000 per tola mark as both local and international markets witnessed strong bullish trends. According to market data released on January 12, 2026, the price of 24-karat gold per tola increased by Rs. 7,700, reaching Rs. 480,962, setting a new…
In a major relief for the public, the Government of Pakistan has announced a reduction in petrol prices by Rs 5.66 per litre, lowering the new rate to Rs 263.02 per litre from the previous Rs 268.68.This decision will take effect on October 16, 2025, as per an official notification from the Finance Division. “The…
Gold prices in Pakistan have surged to unprecedented levels, with the price of one tola hitting Rs. 391,000, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). This marks an increase of Rs. 4,700 in a single day, pushing the precious metal closer to the symbolic Rs. 400,000 per tola mark. Similarly, the rate…
The Government of Pakistan has officially announced its decision to shut down all Utility Stores Corporation (USC) outlets by July 31, 2025, marking a major policy shift in its approach to state-owned enterprises. This decision follows a high-level meeting chaired by Finance Minister Senator Muhammad Aurangzeb, held on July 16, 2025, to review the financial…
On July 1, 2025, the Government of Pakistan increased petrol and diesel prices again. As a result, the petrol price in Pakistan is now nearing the Rs. 270 mark. According to the latest notification by the Finance Division, petrol prices have been increased by Rs. 8.36 per liter, making the new price Rs. 266.79 per…
