KARACHI: Gold and silver prices surged sharply across Pakistan on Monday, following a major rise in international precious metal rates, according to data released by the All Pakistan Sarafa-Gems and Jewellers Association (APSGJA). The price of 24-karat gold soared by Rs7,400 per tola, settling at Rs429,862, compared to Rs422,462 a day earlier. Similarly, the 10-gram […]
The price of tomatoes has surged past Rs.500 per kilogram in several parts of Pakistan, triggering concern among consumers already struggling with rising living costs. The sharp increase has made tomatoes more expensive than chicken in many markets, highlighting the widening impact of inflation on essential food items. In Karachi, tomatoes are now selling between […]
Gold prices reached an unprecedented milestone on Wednesday, breaking past $4,000 per ounce for the first time in history as global investors sought refuge from mounting economic and geopolitical instability. The surge marks another chapter in gold’s historic rally, fueled by expectations of U.S. Federal Reserve rate cuts, a weaker dollar, and continued central bank […]
The economy of Pakistan is now experiencing turbulence, with a number of businesses across all industries declaring temporary closures. These closures are a reaction to a number of issues that have been affecting the business climate in the nation, underscoring the urgent need for economic stabilisation measures. Manufacturer of auto parts Agriauto Industries Limited said […]
Musadik Malik, Pakistan’s Minister of State for Petroleum said that Saudi Arabia is willing to invest $24 billion in Pakistan. He was talking to a local TV channel and mentioned that Pakistan is welcoming investment in energy, IT and agriculture sectors. Ishaq Dar, Finance Minister Pakistan, has also confirmed in a press conference that Saudi […]
The recent inflation has affected everyone including the business community and corporations who are now opting for mass-commute services to save costs. Realizing the potential opportunity here, leading ride-hailing service Careem has decided to launch custom-made commute solutions for organizations. Muhammad Imran Saleem, General Manager of Careem Pakistan told a local newspaper, “Given the increasing […]
The best place to buy groceries for less expense in Karachi might save you up to 5000 per month. As is well known, Pakistan’s inflation climbed more than anticipated last month as a result of elevated food and fuel costs. As a result, every good and service has become more expensive. Even a 10 rupee […]
Karachi Pakistan, A massive protest against Pakistan’s inflation and price increases was reordered by lawyers. Most of the protesters, in this case, were attorneys, but there were other people present to lend support and help the protest against Pakistan’s highest inflation succeed. They were all carrying signs stating that inflation is no longer acceptable. As […]
