With yearly exports over $1 billion, Pakistan has established itself as the third-largest sesame exporter in the world, according to Federal Minister for National Food Security and Research Rana Tanveer Hussain. Over the last five years, the sesame industry has grown by 455%, demonstrating its remarkable expansion. The current yearlyRead More →
According to recent data released by the Pakistan Automobile Manufacturing Association (PAMA), automobile sales fell 47.4 percent in the first four months of the current fiscal year 2023-24 compared to the same period the previous year. According to the statistics, 20,871 automobiles were sold during the review period, compared toRead More →
On Wednesday, November 22, 2023 (today), the price of 24-karat gold is Rs. 215,100, while the price of 22-karat gold is Rs. 197,174. The price of 10 grams of 24-karat gold is Rs.184,420. Gold Rate 24-Karat 22 Karat Per Tola Gold Rs. 215100 Rs. 197174 Per 10 Gram Gold Rs.Read More →
Thursday saw a decrease in the price of gold in Pakistan after Wednesday saw the largest one-day surge. The price of gold (24 carats) declined by Rs 2,700 per tola to Rs 237,300, according to statistics issued by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), while the price ofRead More →
KARACHI – On Wednesday, the National Assembly Standing Committee on National Food Security and Research expressed its concerns about the smuggling of wheat and fertiliser and requested that the appropriate steps be taken to stop the problem in order to ensure that the commodity is supplied across the nation atRead More →
ISLAMABAD: Textile and garment exports climbed by 25.96 percent year on year to $15.98 billion in the first ten months of the current fiscal year, owing to a significant depreciation of the rupee and a consistent rise in global demand. On Saturday, the Pakistan Bureau of Statistics (PBS) released dataRead More →
Pakistan’s exports to China surpassed 1.039 billion dollars in the first quarter of this year, from January to March, representing an almost 17 percent growth. According to figures released by the General Administration of Customs of China, China’s exports to Pakistan climbed by 28.69 percent in the first three monthsRead More →
During the first 10 months (July-April) of the current fiscal year, 2021-22, the country’s trade imbalance set an all-time high, increasing by 64.79 percent.According to Pakistan Bureau of Statistics figures, the trade imbalance reached $39.264 billion in 2020-21, up from $23.826 billion in the previous year (PBS). According to theRead More →
On Thursday, the Federal Shariat Court deemed Pakistan’s Interest Act 1839 un-Islamic, ordering the government to replace the Riba-based financial system with an Islamic one within five years.On April 12, a full bench of the Federal Shariat Court (FSC), led by Chief Justice Muhammad Noor Meskanzai and included Justice Dr.Read More →
The Federal Tax Ombudsman (FTO) has urged the Federal Board of Revenue (FBR) to perform an annual examination of cigarette tobacco produced in Pakistan in comparison to claimed tobacco use by all cigarette manufacturing facilities.According to the FTO’s special report on the tobacco industry, the FBR should promptly apply RuleRead More →