Islamabad: State Bank of Pakistan Deputy Governor Dr Inayat Hussain has said that the central bank is considering withdrawing the Rs10 currency note from circulation. Speaking at a meeting of the Senate Standing Committee on Finance, Dr Inayat Hussain briefed lawmakers about the proposed new currency notes. He said the State Bank had previously attempted…

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The government has increased the prices of petrol and diesel, according to a notification issued by OGRA. Under the new prices: Petrol: increased by Rs0.39 per litre, reaching Rs341.98 per litre.High-speed diesel: increased by Rs2.40 per litre, reaching Rs370.69 per litre. The new prices took effect from August 25, 2026. The increase means motorists and…

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Islamabad: Pakistan received a total of $763 million in foreign loans and grants during July 2026, the first month of the 2026-27 financial year. Despite lower receipts from bilateral and multilateral lending sources, the country’s overall foreign financing increased compared with the same month of the previous financial year. According to the available figures, Pakistan…

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The price of gold in Pakistan increased by Rs5,700 per tola, according to the All Pakistan Gems and Jewellers Association. Following the latest increase, the price of one tola of gold has reached Rs482,936. The sharp rise comes amid a continued upward trend in domestic gold prices, with the price increasing by more than Rs10,000…

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The prices of essential food items have increased significantly in Pakistan over the past year, with onions recording the highest increase among the items mentioned in the latest data released by the Pakistan Bureau of Statistics. According to the official figures, the price of onions increased by 132.52 percent during the year, while tomatoes became…

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Pakistan has fulfilled an important condition of the International Monetary Fund (IMF) by reviewing and updating its import data. The Pakistan Bureau of Statistics (PBS) has corrected major differences in import figures and updated the data on both monthly and yearly bases. The changes are important because the revised figures may involve up to $30…

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ISLAMABAD: Pakistan International Airlines (PIA) has finalized the appointment of its new Chief Information Technology Officer (CIO) as part of the national carrier’s ongoing administrative reforms and restructuring process. According to sources, the PIA management has completed the selection process for the key position, with the newly appointed chief IT officer expected to join the…

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Gold prices rose sharply across Pakistan on Thursday, with the price of one tola increasing by thousands of rupees amid a significant rise in international gold prices. According to the All Pakistan Gems and Jewellers Association, the price of gold increased by Rs13,700 per tola, taking the price of one tola of gold to Rs471,936. The price…

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ISLAMABAD: The government has launched a new Retailer Scheme App to help traders register with the tax system and make it easier for small shopkeepers to file their tax returns. Speaking at a press conference in Islamabad alongside the Finance Minister, Minister of State for Finance Bilal Azhar Kayani said the Retailer Scheme App had…

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KARACHI: Gold prices in Pakistan declined on Wednesday, August 19, in line with a drop in international bullion prices amid continued geopolitical uncertainty. According to rates issued by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold fell by Rs3,700 per tola to Rs458,236. The price of 24-karat gold per…

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