Gold gains as October Fed rate hike prospects fade
Gold prices drifted higher on Monday after recent soft economic data sharply lowered expectations of a Federal Reserve rate hike in October, increasing the appeal of the non-yielding asset.
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Gold prices drifted higher on Monday after recent soft economic data sharply lowered expectations of a Federal Reserve rate hike in October, increasing the appeal of the non-yielding asset.
LAHORE: Federal Minister for Petroleum Ali Pervez Malik on Sunday said that a summary had also been submitted to the federal cabinet to facilitate the import of LPG from abroad so that consumers…
ISLAMABAD: The Lahore High Court (LHC) has ruled that payment of a disputed amount under protest cannot, by itself, be treated as an admission of guilt before the Federal Board of Revenue (FBR).
KARACHI: Pakistan’s multibillion-rupee wood industry is facing serious challenges due to regulatory restrictions on wood imports, prompting the wood traders to urge the government to allow the…
TEHRAN: Iran’s oil minister Mohsen Paknejad has resigned and been replaced by the country’s top oil executive, the president’s office said in a statement on Sunday, amid a blockade on Tehran’s oil…
KARACHI: United Business Group (UBG) President Zubair Tufail has expressed concern over Pakistan’s trade deficit reaching $10.8 billion during the first quarter of the current fiscal year.
KARACHI: A large number of people attended the rally of Jamaat-e-Islami (JI) here Sunday to express solidarity with the Palestinians.
LAHORE: Punjab Police continues to take priority measures for the welfare of its force and their families.
LAHORE: The Kissan Board Pakistan (KBP) has demanded immediate announcement of support prices of Rs 5,000 per 40kg for wheat and Rs 700 per 40kg for sugarcane, warning that farmers would launch…
LAHORE: Chief Minister Punjab Maryam Nawaz Sharif on Sunday formally launch-ed five road projects under the Punjab Public-Private Partnership (PPP) Authority, handing their management and operations…
PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 24 percent growth in Sales Tax on Services (STS) collection during the first three months of the financial year 2026-27, collecting…
PESHAWAR: The Bank of Khyber (BoK), in collaboration with the Women Chamber of Commerce and Industry, Dir, organised a special financial literacy session in Chakdara to promote women’s access to…
PESHAWAR: Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) and the Centre of Excellence (CoE) for Hi-Tech and Digital Skills at the Institute of Management Sciences…
Telecom package prices could face closer regulatory scrutiny if the Pakistan Telecommunication Authority (PTA) gets the proposed power to regularly
Federal Petroleum Minister Ali Pervez Malik on Sunday said the federal government cannot continue providing unconditional subsidies on expensive petrol
Federal Board of Revenue (FBR) Chairman has used a story about yogurt and a milk pot to explain why simply
The International Monetary Fund (IMF) wants the government to devalue the Pakistani Rupee (PKR) so fuel prices increase and inflation
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