Gold prices in Pakistan have bounced back sharply after a week of consistent decline, with a notable rise recorded on Sunday. According to the All Pakistan Gems and Jewelers Association, the price of gold per tola increased by Rs 1,500, reaching Rs 357,700. Meanwhile, the price of 10 grams climbed by Rs 1,286, pushing it…
foodpanda, Pakistan’s leading food and grocery delivery platform, proudly hosted a grand Rider Appreciation Day in Karachi, Lahore, and Islamabad. This event was a tribute to the riders and their families, honouring their hard work and highlighting the company’s commitment to their well-being and professional growth. The event was attended by foodpanda management, riders, and…
The Pakistan Stock Exchange (PSX) started the week on a strong note as investors welcomed an upgrade in the country’s sovereign credit rating alongside encouraging corporate earnings. In early trading on Monday, the benchmark KSE-100 Index surged by nearly 600 points, standing at 147,091.44 around 10:30am. This represented a rise of 599.81 points, or 0.41%,…
The Pakistani rupee remained largely stable against the US dollar on Monday, with only a slight difference noted between interbank and open market rates. According to market reports, the dollar was traded at Rs284.65 for buying and Rs285.25 for selling in the open market on 18 August 2025. Meanwhile, the interbank exchange rate stood at…
Pakistan’s benchmark KSE-100 index rose 1,109 points this week, closing at 146,492, as investor confidence improved on policy reforms and a credit rating upgrade. Staff Report Policy optimism drives momentum in stock market. The government’s plan to phase out the super tax over five years boosted sentiment across corporate sectors. Confidence strengthened further after Moody’s…
inDrive, a global mobility and urban services platform, has won two awards at the prestigious Dragons of Pakistan Awards. The awards include a gold award in the “Marketing Excellence” category for the Ride to Donate campaign and a bronze award for influencer marketing for its campaign Har Ride, Aik Nayi Kahani (Every Ride is a…
The US dollar traded at Rs 284.65 in Pakistan’s open market, with the selling rate recorded at Rs 285.25. The interbank exchange rate stood slightly lower at Rs 282.15, according to the State Bank data. The rupee showed little change compared to the previous day, when the dollar closed at Rs 284 in the open…
The Pakistan Stock Exchange (PSX) closed slightly in the red on Friday, with the benchmark KSE-100 Index slipping by 37.67 points, or 0.03%, to settle at 146,491.63 points compared to 146,529.31 points a day earlier. Market activity slowed as trading volumes fell to 473.6 million shares, down from 647.09 million in the previous session. The…
Rana Tanveer Hussain cautioned Engro Fertilizers CEO Ali Rathore against hoarding and black marketing, urging strict compliance with fair pricing of fertilizer and quality standards. Staff Report Federal Minister for National Food Security and Research Rana Tanveer Hussain warned Engro Fertilizers CEO Ali Rathore against any involvement in hoarding or black marketing of fertilizers. He…
Gold prices in Pakistan fell for the fourth consecutive session on Friday, in line with weakness in the global market. According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-karat gold declined by Rs1,000 to Rs357,100 per tola. The 10-gramme rate for 24-karat gold dropped by Rs858 to Rs306,155, while 22-karat…
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