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Gold per tola hits record-high in Pakistan

Gold prices in Pakistan hit another record-high on Monday. In the local market, gold price per tola reached Rs532,062 after a gain of Rs10,900 during the day. Similarly, 10-gram gold was sold at Rs456,157 after it increased by Rs9,345, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Saturday, gold price per tola reached Rs521,162 after a gain

Positive sentiment at bourse, KSE-100 crosses 188,000 mark

Buying interest was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 crossing the 188,000 level during the opening minutes of trading on Friday. At 9:30am, the benchmark index was hovering at 188,048.54, an increase of 360.38 points or 0.19%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas explora

Rs124.2bn spent to improve telecoms infrastructure: minister

Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja on Thursday said that a total of Rs 124.2 billion from the Universal Service Fund (USF) has been utilised across the provinces to strengthen telecommunication infrastructure and expand digital access in underserved and remote areas. In written reply to a questions asked by MPs in National Assembly, she said t

High cost of doing business: Exporters unable to match regional competitors

Pakistan’s business community is facing a serious competitiveness crisis as the cost of doing business in Pakistan is 34 percent higher compared to regional countries, which has severely undermined the ability of local industries to compete in international markets, stated Pakistan Business Forum (PBF) Chief Organiser Ahmad Jawad. He said that due to irrational taxation, excessive energy costs,

Forex reserves move up by USD10m

Pakistan’s total liquid foreign exchange reserves posted a slight increase of USD 10 million during the last week. According to official data release by the State Bank of Pakistan (SBP), foreign exchange reserves held by the SBP rose to USD 16.088billion during the week ended on Jan 16, 2026, compared to USD 16.072billion recorded a week earlier on Jan 9, 2026. The increase of nearly USD 16