Markets
Gold prices in Pakistan surged on Wednesday, tracking sharp gains in the international market as safe-haven demand lifted precious metals globally. In the local market, the price of 24-karat gold climbed by Rs4,300 per…
By The Scoop desk / 2 min read
Economy
Oil prices climbed on Wednesday, positioning the market for significant monthly gains despite a recovery in Middle East crude supplies. The expiring November Brent contract rose 57 cents to $103.16 a barrel, while the…
By The Scoop desk / 2 min read
Markets
Following a volatile session, the benchmark index shook off early selling pressure to close in the green as the government rolls out a new IMF-backed bond market strategy. Buying interest returned to the Pakistan…
By The Scoop desk / 2 min read
Economy
Effective September 30, the federal government has announced a fresh reduction in fuel prices, bringing relief to consumers amid a drop in global oil rates. The federal government has provided another round of relief…
By The Scoop desk / 1 min read
Opinion
FBR invited objections to its proposed social-media tax regime in April. The final September rules retain its central structure: deemed remuneration based on views, a 30% ceiling on expenses and a parallel withholding regime…
By Dr. Ikramul Haq / 9 min read
Markets
Malaysia’s decision to purchase an additional 70,000 tonnes of Pakistani rice ahead of the country’s new harvest could provide a timely boost to Pakistan’s exporters, but the larger opportunity for Islamabad lies in turning…
By The Scoop desk / 5 min read