—File photo Gold prices in the country are falling, today the price of gold has recorded a huge drop. According to All Pakistan Sarafa Gems and Jewelers Association, after a decrease of 11300 rupees, the price of gold per tola became 4 lakh 54 thousand 36 rupees. The price of 10 grams of gold dropped […]
Negative trend in PSX, 100 index fell 1690 points
The Pakistan Stock Exchange Hundred Index was also affected by the Middle East war, US interest rates and the negative situation in the global stock and bond market and has closed negative for the third consecutive day in this business week. Pakistan Stock Exchange (PSX) Hundred Index opened the trade today with a negative trend […]
Pakistan: Eurobonds worth 3 billion dollars released in the global market
Pakistan has issued international Eurobonds worth 3 billion dollars in the global market. According to the Ministry of Finance, the $3 billion bond is the largest single international bond in Pakistan’s history, receiving nearly double the demand for $3 billion bonds. The Ministry of Finance has declared Pakistan’s return to the global bond market as […]
US-Iran tensions, crude oil prices fell today in the global market
—File photo Crude oil prices recorded a decline in the global market while assessing the possibility of regional oil supply being affected due to the ongoing tension between the United States and Iran and renewed fears of military attacks. Brent crude futures were down 43 cents, or 0.45 percent, at $95.20 a barrel on Thursday. […]
The scope of taxation is being extended: Muhammad Aurangzeb
Federal Finance Minister Muhammad Aurangzeb – file photo Federal Finance Minister Muhammad Aurangzeb has said that comprehensive reforms are being implemented in the tax system, the scope of tax is being expanded. Speaking at the ceremony in Islamabad, Muhammad Aurangzeb said that as a result of the reforms, tax collection has improved significantly, practical measures […]
28 thousand 761 companies have been issued notices for not submitting details of owners
—File photo The Securities and Exchange Commission of Pakistan (SECP) has issued show cause notices to 28,761 companies for not submitting details of ultimate owners while taking steps to ensure corporate transparency. According to the SECP notification, companies not submitting the mandatory Form 19 regarding Ultimate Beneficial Owner, a person holding 25% or more shares […]
The price of one tola of gold in the country increased by Rs 11200
After several days of continuous decline in the country, the price of gold increased today. According to All Pakistan Gems and Jewelers Association, the price of gold per tola in the country increased by Rs 11200 to Rs 4 lakh 65 thousand 236. Similarly, the price of 10 grams of gold increased by Rs 9602 […]
Gold is still cheap in the country
—File photo Gold prices continue to fall in the country, even today gold became cheaper. According to All Pakistan Sarafa Gems and Jewelers Association, after a decrease of 2400 rupees, the price of gold per tola became 4 lakh 63 thousand 136 rupees. The price of 10 grams of gold dropped by Rs 2058 to […]
Mixed trends in the PSX, 100 index rose 153 points
The Pakistan Stock Exchange (PSX) had a mixed day of business today. The PSX 100 index rose 153 points to close at 174,929. The index remained in the band of 902 points during the business day. According to market sources, the index opened positively on the news of getting funding of three billion dollars from […]
Holland’s big decision was to transfer its gold reserves from Canada to England
Photo: Daily Mail Holland, making a big decision, transferred its gold reserves to England from Canada, a country that is in a trade tariff dispute with the United States, which is engaged in a war with Iran. According to the Dutch Central Bank, between March and August this year, 86 tons of gold have been […]