Gold Prices in Pakistan Plunge Rs14,900 per Tola
Gold prices in Pakistan fell sharply for a second consecutive session, dropping Rs14,900 per tola to Rs438,036, mirroring global declines as bullion markets weaken.
Category : Inflation Prices
Gold Prices in Pakistan Plunge by Rs14,900 Per Tola
Gold prices in Pakistan fell sharply by Rs14,900 per tola to Rs438,036, following global trends. Silver also declined by Rs413 per tola.
Partly Cloudy Humid Weather in Karachi with Possible Drizzle
Karachi experiences partly cloudy, hot, and humid weather with a chance of drizzle during night and morning. Temperature ranges from 29.5°C to 36°C.
Pakistan Expected to Slash Petrol, Diesel Prices by Over Rs55/Litre
The government is considering one of the biggest reductions in petroleum prices in recent years, with petrol and diesel rates expected to fall by more than Rs55 per litre amid declining international oil prices.
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52 Business Categories Get Fixed Tax; Traders Reject
The government released a list of 52 business categories, including small eateries and tea stalls, for a fixed tax of Rs25,000 and 1% turnover tax under the 2026-27 budget. Traders have rejected the move.
Sindh Allocates Billions for Hyderabad Infrastructure
The Sindh government's PSPD for 2026-27 plans billions for Hyderabad roads, water, drainage. SLGD proposes Rs9 billion for 105 schemes, including ring road and underpass.
JI Demands Petroleum Price Cut, Protests on June 19
Jamaat-e-Islami chief Hafiz Naeemur Rehman demands immediate reduction in petroleum prices, announces nationwide protests on June 19 against inflation and petroleum levy.
Gold and Silver Prices Fall in Pakistan After Global Dip
Gold and silver prices in Pakistan fell on Thursday, tracking a decline in global bullion rates. Gold per tola dropped by Rs2,300 to Rs452,936, while silver fell by Rs144 per tola.
Nepra to Consider Rs0.82 Per Unit Power Hike Request
Nepra will hear a CPPA petition on June 30 seeking a Rs0.82 per unit hike in power tariff under monthly fuel cost adjustment for May, which may burden consumers by Rs12 billion.
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Heavy Rain Paralyzes Rawalpindi, Drains Overwhelmed
A 30-minute pre-monsoon downpour brought Rawalpindi to a standstill, flooding roads, disrupting traffic, and exposing inadequate drainage despite Rs80 million spent on cleaning.
FBR: 9,000 Non-Taxpaying Individuals Hold Rs750 Billion in Banks
FBR Chairman Rashid Langrial informed a National Assembly committee that 9,000 individuals with Rs750 billion in bank deposits paid no income tax, highlighting tax system gaps and plans for a faceless taxation system.
Punjab Budget 2026: Tax Hikes on Agriculture, Vehicles
The Punjab government proposed tax increases on agricultural land, water cess, and vehicles in the Finance Bill 2026, aiming to boost revenue and transparency.
Pakistan's Multidimensional Poverty Crisis Deepens Beyond Income
Nearly 38% of Pakistanis face multidimensional poverty, with education, climate shocks, and digital exclusion driving deprivation beyond income measures.
Pakistan Cuts Petrol by Rs4, Diesel by Rs2 as Oil Retreats
Pakistan reduced petrol by Rs4 and diesel by Rs2 per liter due to falling global oil prices amid hopes of a US-Iran deal easing Strait of Hormuz disruptions.
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Pakistan Budget Offers Relief but Faces IMF Revenue Test
Pakistan's FY26-27 budget provides relief to workers and businesses, but revenue mobilization under IMF benchmarks remains challenging, warns a brokerage report.
Sindh CM Orders Strict Action Against Wheat Hoarding
Sindh CM Murad Ali Shah directs food department to take strict measures against wheat hoarding, strengthen monitoring, and purchase indigenous wheat to stabilize prices.
Pakistan Budgets Perpetuate Economic Stagnation
Pakistan's annual budget cycle offers little new, with predictable narratives and unsustainable promises. Health and education spending remains at 1.6% of GDP, while elite tax evasion persists.
Karachi to See Gusty Winds and Light Rain
Karachi braces for gusty winds and light rain as Met Office predicts partly cloudy, hot, and humid conditions with temperatures between 34-36°C.
Inflation Surge Hits Open Market After Budget
A new wave of inflation has hit the open market after the federal budget, with essential commodities like pulses, vegetables, and chicken becoming more expensive.
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Gold Silver Prices Surge in Pakistan After Global Rally
Gold prices in Pakistan rose sharply, with per tola up Rs10,800 to Rs455,136, following a $108/oz increase in international markets. Silver also gained. Analysts cite budget measures and inflation.
SBP Keeps Policy Rate Unchanged at 11.5% in June 2026
The State Bank of Pakistan's Monetary Policy Committee decided to maintain the policy rate at 11.5% in its June 15, 2026 meeting, citing economic uncertainty.
Lahore Braces for Hot, Hazzy Monday With High of 39°C
Lahore faces hot, hazy weather on Monday with temperatures reaching 39°C. Humidity makes it feel hotter. Experts warn of continued heatwave, advise precautions.
Wedding Season Ends Amid Inflation, Cost Surge in Rawalpindi
The 20-day wedding season in Rawalpindi, Islamabad concludes on June 15, hit by record inflation, rising costs, and energy-saving schedules, with bookings down 45-48%.
Lahore Food Prices High Despite Official Rate Adjustments
Food prices in Lahore stay elevated as retail markets ignore official rates. Poultry and vegetables cost much more than notified prices, burdening consumers.
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Peshawar LPG Prices Surge to Rs550 per kg, 67 Arrested
LPG prices in Peshawar rise from Rs400 to Rs550 per kg due to artificial scarcity. 67 dealers arrested, 53 shops sealed in crackdown.
Pakistan Water Crisis: From Scarcity to Emergency
Pakistan's water emergency has escalated from an environmental concern to a national crisis, with severe arsenic, fluoride, and bacterial contamination threatening millions.
Gold Price Surges Rs4,370 Per Tola in Pakistan on Friday
Gold prices in Pakistan surged on Friday, with 24k gold per tola rising by Rs4,370 to Rs444,336. International gold also increased by $43.70 per ounce.
Poultry Association Slams Budget 2026-27, Warns of Food Risks
Pakistan Poultry Association criticizes federal budget 2026-27 for no relief, warning that taxes on chicks, processed chicken, and feed inputs will raise costs and threaten food security.
Gold Prices Surge Rs 4,370 per Tola in Pakistan on Friday
Gold prices in Pakistan rose sharply on Friday, with 24k gold per tola increasing by Rs 4,370 to Rs 444,336, following international trends. Silver also gained.
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Pakistan Revises Petroleum Levy: Petrol Down, Diesel Up
The federal government has adjusted petroleum levies and charges on fuel products, reducing petrol levy by Rs9.34 and increasing diesel levy by Rs8.67 per litre.
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