ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the disposal of 500,000 metric tons of surplus wheat stock held by the Pakistan Agricultural Storage and Services Corporation (PASSCO) and sanctioned the distribution of confiscated solar panels to the Government of Gilgit-Baltistan. The meeting, chaired by Federal Minister for Finance and Revenue…
ISLAMABAD: Türkiye reaffirmed its commitment to strengthening economic ties with Pakistan. It was also agreed that technical delegations would meet to advance discussions on rice trade. Federal Minister of Pakistan for Commerce, Jam Kamal Khan held a detailed meeting with the Turkish Ambassador to Pakistan, Dr Irfan Nezirolu, at the Ministry of Foreign Affairs (MoFA)…
Karachi, January 28, 2026 – Silver prices in Pakistan have continued their impressive upward trajectory, reaching new local highs amid a strong global precious metals rally. The chandi ka rate today stands at Rs. 11,640 per tola, reflecting a steady climb driven by international silver prices surging past $111 per ounce and strong correlated demand…
KARACHI: Gold and Silver prices surged to an all-time high in Pakistan on Wednesday, January 28, in line with a sharp rally in the international bullion market, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). The price of 24-karat gold per tola jumped by Rs21,100 to settle at Rs551,662. Similarly, the price…
DUBAI: A city that has always amazed the world with its unique constructions, Dubai is now preparing for another historical wonder. The world’s first ‘Gold Street’, made of gold, is coming to the Dubai Gold District. This major announcement was made during the official launch of the Ithra Dubai Gold District. Officials have stated that…
ISLAMABAD: Prime Minister Shehbaz Sharif has directed the government to secure the maximum possible relief from the International Monetary Fund (IMF), Beyond the Time News reported on Tuesday, citing sources. Ahead of upcoming discussions with the IMF, the Government of Pakistan has decided to redefine its priorities. The premier asserted that additional burdens cannot be…
Pakistan’s cotton yarn exports to China recorded solid growth in 2025, exceeding $451 million, underscoring the resilience and long-term maturity of bilateral textile trade under the China–Pakistan economic partnership. According to data from China’s General Administration of Customs (GACC), exports of uncombed single cotton yarn (cotton =85%, yarn =714.29 decitex) under HS code 52051100 alone…
UK’s biggest banks, including HSBC and NatWest, are set to follow their European counterparts and raise profit targets when they report annual earnings in the coming weeks, people close to the matter said. HSBC is expected to lift its return on tangible equity (ROTE) outlook – a key measure of profitability – above its current…
India and the European Union have concluded negotiations on a long-coveted trade deal that will be announced today, Tuesday, 27 January 2026, the South Asian nation’s trade secretary said on Monday, an accord both sides hailed as historic as they contend with strained U.S. ties. The deal paves the way for free trade of goods…
Oil prices fell on Tuesday even as a massive winter storm hit crude production and affected refineries on the US Gulf Coast. Brent crude futures fell 28 cents, or 0.4%, to $65.31 a barrel at 0145 GMT. US West Texas Intermediate crude was at $60.39 a barrel, down 24 cents, or 0.4%. In the US,…