Silkbank accords in-principle approval for merger with UBL 

Seeks regulatory and shareholder approvals for potential merger 

Rawalpindi’s new price control police stations spark backlash among local merchants

As enforcement begins, the government faces the challenge to stabilize prices with the business community’s concerns over operational costs and fairness in enforcement

NEPRA fines IESCO Rs50 million over grid interconnection delays

Regulator found that delays in issuing PEC to both companies contributed to substantial financial loss

Foreign direct investment in Pakistan energy sector surges to $585.6mn in Q1FY25

SBP reported a 48 percent increase in FDI, with inflows reaching $771 million in Q1FY25

Over 3,600 mineral reserves in Punjab geo-tagged for enhanced safety and compliance  

PITB and Mines Department digitize oversight with Chief Inspectorate of Mines App  

Punjab sets up ‘smog war room’ to tackle severe pollution

War room committee will review weather and air quality forecasts, says spokesperson for Environment Protection Department

Finance Division orders elimination of contingency posts to cut administrative costs

All federal ministries and divisions directed to comply with cabinet’s rightsizing initiative

Gold price in Pakistan for today, November 06, 2024

Gold prices in Pakistan fluctuate frequently based on international market trends, so the rate is not fixed. The rates listed are provided...

Pakistan may exit TAPI gas project if India opts out, citing cost and sustainability concerns  

High costs and uncertain demand make project unfeasible without India’s participation  

PSX volatile as projections favor Trump over Harris in US presidential race

Market slips into the red zone shortly after reports on the US election emerged, KSE-100 sheds 282.88 points to close at 92,021.44

IMF mission to visit Pakistan next week to assess progress on $7bn loan deal

Visit comes four months ahead of schedule amid mixed results on economic targets

Dollar rallies, bitcoin hits record high as early US votes bolster ‘Trump trades’

Trump's tariff and immigration policies are seen as inflationary by analysts; Bitcoin climbed by 8.54% to record $75,060 

Govt reaches deal with bagasse-based plants, plans revised PPAs with 18 power producers within six months

New agreements with five power plants are expected to save Rs 60 billion annually

Foreign exchange rates in Pakistan for today, November 06, 2024

The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following Exchange rates bulletin on Wednesday.

Federal govt raises salaries, allowances for high court judges  

Judges' house rent allowance increased to Rs350,000 amid rising living costs