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Gold rate in Pakistan on Jan 17 up by Rs400 to Rs282,600/tola

ISLAMABAD: The price of 24-karat gold per tola rose by Rs400, reaching Rs282,600 on Wednesday, compared to Rs282,200 recorded on the previous trading day, according to the All Sindh Sarafa Jewellers Association. Similarly, the price of 10 grams of 24-karat gold increased by Rs342, selling at Rs242,283, up from Rs241,941. The rate for 10 grams of 22-karat gold also climbed, …

IMF removes GST on aircraft for PIA

The International Monetary Fund (IMF) has approved the removal of the 18% GST on aircraft for Pakistan International Airlines Company Limited (PIACL), a move aimed at improving its financial health. This decision is expected to clean up Rs45 billion of PIACL’s negative equity. The development was discussed during the fifth meeting of the National Assembly Standing Committee on Privatisation, chaired …

IMF revises Pakistan’s economic growth estimate for current fiscal year

ISLAMABAD: The International Monetary Fund (IMF) has expressed concern that the economic growth rate of Pakistan will not achieve the set target for the current financial year. The IMF has released the World Economic Outlook in which the International Monetary Fund has revised Pakistan’s economic growth estimate for the current fiscal year to 3 percent from 3.2 percent. The IMF …

IDWP approves hiring consultants for Special Protection Unit

ISLAMABAD: The Islamabad Development Working Party (IDWP) has approved key projects, including the hiring of consultants for feasibility studies, detailed designs, and land acquisition for establishing a Special Protection Unit. In a meeting chaired by Chief Commissioner Islamabad, Muhammad Ali Randhawa, on Friday, approval was also granted to engage consultants for feasibility studies and detailed engineering designs for constructing government …

Atta Tarar condemns association of 190mln pounds case with religious aspects

ISLAMABAD: Federal Minister for Information, Broadcasting, National Heritage, and Culture Attaullah Tarar condemned the social media campaign launched by the Pakistan Tehreek-e-Insaf (PTI) that sought to link the 190 million pounds corruption case with religious aspects. Speaking on X (formerly Twitter), Tarar emphasized that the decision against PTI’s founder and his wife was made on merit, following the presentation of …

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