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Toyota shuts down temporarily

Islamabad, 3 February 2023 (GNP): The manufacturer of Toyota automobiles, Indus Motor Company (IMC), has decided to shut down all operations at its Pakistani manufacturing facility from February 1 through February 14 due to an inventory…

Pakistan’s Inflation rate all time high

Islamabad, 2 February 2023 (GNP): Owing to record-breaking currency depreciation, higher taxes, and rising electricity prices, Pakistan is experiencing its highest level of inflation. This is largely due to a double-digit increase in the…

UK, only G7 economy to decline in 2023

London, 31 January 2023 (GNP): The IMF did add, though, that it currently believes the UK economy is "on track" following the Autumn Statement. The UK did better than many expectations last year, according to Chancellor Jeremy Hunt. Instead…

Latest dollar to Pakistani rupee rate

Islamabad, 30 January 2023 (GNP): The Pakistani rupee rate dropped by Rps 6.5 to the dollar (2.32%) in today's interbank market activity, reaching a new record low of Rps 270. In an effort to persuade International Monetary Fund (IMF)…

Petrol rate update: new price hike

Islamabad, 30 January 2023 (GNP): Ishaq Dar, the finance minister of Pakistan, in a recent conference, announced that the federal government has raised the cost of gasoline and fuel by Rupees 35. Following the elimination of the informal…

Majlis 2023: Two-day Global conference

Islamabad, 30 January 2023 (GNP): The Entrepreneurs' Organization (EO) Islamabad Chapter organized the global conference "Majlis 2023," which got underway on January 28, 2023, at the Serena Hotel in Islamabad. An introduction to the…

Foreign credit influxes decline

Islamabad, 28 January 2023 (GNP): Due to its tardiness in making a decision over restarting the International Monetary Fund (IMF) loan programme, Pakistan received only $5.6 billion in foreign loans during the first half of the current…

Gold Prices exceed rupees 200,000

Islamabad, 28 January 2023 (GNP): Following the rupee's freefall against the US dollar on Friday, gold prices exceeded Rs200,000 per tola (11.66 grams) for the first time in Pakistani history. However, because real buyers have left the…

Pakistan to pay $500m in debt

Islamabad, 25 January 2023 (GNP): With the lack of clarity over dates for the visit of the International Monetary Fund, Pakistan is bound to a $500 million amount as debt repayment to a Chinese commercial bank within 72 hours. This action…

Pak Suzuki hikes car prices

Karachi, 25 January 2023 (GNP): Pak Suzuki Motor Company (PSMC) has announced to increase in its car prices between the range of Rs115,000 and Rs355,000 in light of economic and political downturns and high production costs. The news comes…

OGRA negates reports of petrol shortage

Islamabad, 24 January 2023 (GNP): The spokesperson of OGRA said in a statement:" Ogra strongly rebuts the speculations on petrol/diesel shortages. Furthermore, ships carrying 101,000 metric tonnes petrol are at berth/outer anchorage. The…

Pakistan and Qatar talk to improve cooperation

Islamabad, 24 January 2023 (GNP): Federal Minister of Finance and Revenue (Pakistan), Senator Muhammad Ishaq Dar, met with Ali Bin Ahmed Al Kuwari, Finance Minister of State of Qatar, in Doha. They agreed to build their cooperation in the…

Iran’s currency reaches historic low

Tehran, 23 January 2023 (GNP): In the midst of rising tensions with the West and the turmoil roiling the nation, the value of Iran's currency has fallen to an all-time record low. The US dollar crossed the 45,000-rial threshold on the…

Rupee falls against Dollar

Islamabad, 21 January 2023 (GNP): According to Pakistan Stock Exchange (PSE), the Pakistani rupee dropped by Rps 0.52 (0.23%) to a three and half-month low at Rs229.67 against the US dollar in the interbank market. Also Read: Major…

Pakistan to import oil from Russia

Islamabad, 21 January 2023 (GNP): After the end of the annual inter-governmental commission between Russia and Pakistan, it was agreed that Russia will export crude oil to Pakistan starting from March this year. The news was confirmed by…

Government might increase petrol prices

Islamabad, 14 January 2023 (GNP): According to Pakistan Petroleum Division, the price of petrol is expected to increase by Rupees 8.98 per liter while the price of high-speed diesel (HSD) may rise by Rupees 1.06 per liter in the coming…

Gold rate in Pakistan

Islamabad, 14 January 2023 (GNP): According to the stats revealed by All Pakistan Sarafa Gems and Jewellers Association, the price of gold rose by Rupees 500 per 1 tola on Thursday, 12 January to set at Rupees 186,100 today. Similarly, the…

PM Shahbaz Sharif warns wheat hoarders

Karachi, 12 January 2023 (GNP): Pakistan's PM Shahbaz Sharif has warned all business persons and individual hoarders who have created an artificial wheat shortage in the market. He announced in a meeting on Monday that the federal…

Diamond Foam to shutdown in Pakistan

Karachi, 12 January 2023 (GNP): Diamond Industries Limited, the oldest foam producer in Pakistan has announced to temporarily suspend its production due to a shortage of raw materials. This decision came into effect yesterday on 10th…

European Union aids Pakistan

Islamabad, 11 December 2023 (GNP): According to a press release issued by the European Union on Monday, January 9, 2023, , three agreements were signed by Dr. Kazim Niaz, Secretary Ministry of Economic Affairs Division, and Dr. Riina Kionka…

OGRA allows hike in gas prices

Islamabad, 11 January 2023 (GNP): Oil and Gas Regulatory Authority of Pakistan (OGRA) has allowed Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL), two major gas-providing companies, to inflate gas…

Switzerland’s central bank faces loss

Zurich, 9 January 2023 (GNP): The central bank is reported to have recorded a loss of a total 132 billion Swiss francs ($143 billion) last year, hindering it from providing funds to Switzerland's government. Most of last year’s losses were…

Millat Tractors to Shutdown in Pakistan

Islamabad, 6 January 2023 (GNP): Millat Tractors, the biggest tractor producer in Pakistan has decided to cease its operations in the country from 6th January onwards, due to a cash flow crisis and low demand. The news comes after major…

Pakistani Rupee All Time Low

Islamabad, 4 January 2023 (GNP): According to reports, the Pakistani rupee fell in value on the first working day of 2023 by 0.22 (Rps 0.51) to a three month low at Rs226.94 against the US dollar in the inter-bank market on Tuesday. The…

Pakistani Rupee Devalues Against Dollar

Islamabad, 29 December 2022 (GNP): According to sources, Rupee has fallen in value in comparison with the American dollar by 225 at the inter-bank market after two and a half months. There have been reports of people putting their savings…

Japan COVID-19 Death Toll On Rise Again

Tokyo, 28 December 2022 (GNP): After the end of COVID-19's Omicron pandemic wave, the new BF.7 variant has affected every country, with Japan experiencing 415 deaths today from COVID-19. Despite the new BA.7 variant, BA.5 COVID variant…

Today’s Gold Rate In Pakistan

Islamabad, 27th December 2022 (GNP): An abnormal rise in gold prices in Pakistan has been recorded and observed. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola started to rise this week on…

Japan’s Inflation At Highest

Tokyo, 27 December 2022 (GNP): According to sources, Japan's latest inflation rate has been revealed and financial experts of japan deem this to be the highest inflation rate in the economy since 1981. Consumer prices (excluding volatile…

US to ban trade with 30 Chinese companies

Washington, D.C., 14 December 2022 (GNP): Biden administration decides to put 30 Chinese technological companies on the trade blacklist. This sanction would hinder the Chinese companies from purchasing certain tools and components from…

Gold price in Pakistan reached Rs.169,650

Karachi, 13 December 2022 (GNP): Gold price increase in Pakistan reached RS 169650 per tola on Monday because, due to bad conditions of the economic situation, the investors are keeping their gold safe. According to the All Pakistan…

Pakistan’s Best Bank Award 2022 won by HBL

Karachi, 12 December 2022 (GNP): The Best Bank of Pakistan Award 2022 was presented to Habib Bank Limited (HBL). The Award ceremony was held in Karachi on December 9, 2022. The Institute of Bankers Pakistan (IBP) and Dawn News jointly…

ECC opens door for Reko Diq projects

Islamabad, 12 December 2022 (GNP): On Sunday, the Pakistan Finance Minister, Ishaq Dar, chaired a virtual meeting regarding the out-of-court settlement with Tethyan Copper Ltd. The mining firm sued the Government of Pakistan for not…

International Civil Aviation Day 2022

New York, 7 December 2022 (GNP/ TDI): The world observes International Civil Aviation Day on 7th December. The day acknowledges the special contribution civil aviation makes to building a global network of fast transit. Moreover, it aims…

امریکی حملے کے بعد عالمی منڈی میں تیل کی قیمت میں اضافہ

جنرل سلیمانی کی ہلاکت کے چند گھنٹے بعد ہی عالمی منڈی میں تیل کی قیمت میں اضافہ اور عراق کے دارالحکومت بغداد میں امریکی حملے کے نتیجے میں ایرانی جنرل قاسم سلیمانی کی ہلاکت کے بعد مبصرین مشرقِ وسطیٰ میں کشیدگی میں اضافے اور ایران اور امریکہ…

ورلڈ ہیلتھ آرگنائزیشن کے ڈائریکٹر جنرل نے اگلے سال پاکستان آنے کا اعلان کردیا

وزیرِ اعظم عمران خان کی جینیوا میں اہم ملاقات میں عالمی ادارہ صحت کے ڈائریکٹر جنرل ڈاکٹرروس ادہانم گیبرے ییس نے اگلے سال پاکستان کو دورہ کرنے کا اعلان کردیا۔ یہ ملاقات منگل کو جینیوا میں مہاجرینوں سے متعلق پہلے عالمی فورم میں ہوئ

ملائشیا کے پروٹون گاڑی بنانے والوں نے گاڑی پروٹون ایکس 70 حکومت پاکستان کے حوالے کی

ملائشیا کی جانب سے پاکستان میں ملائشیا کے ہائی کمشنر اکرام محمد اور پروٹون کے ڈائریکٹر آف انٹرنیشنل پروموشنز این خالد یوسف نے نمائندگی کی جبکہ وزیراعظم کے مشیر برائے کامرس، ٹیکسٹائل، انڈسٹری اینڈ پروڈکشن اور انویسٹمنٹ عبد الرزاق داود نے…

سی پیک منصوبہ کے تحت تھرکول بلاک تعمیر کیاجائےگا

حکومت سندھ نے سی پیک منصوبہ کے تحت تھرکول بلاک-VI پر کام کرنے کا فیصلہ کرلیا ہے، جو کہ نیشنل سٹرٹیجک کا بہت ہی اہم پراجیکٹ ہے۔ مزید معلومات کے مطابق اس پراجیکٹ کے تحت کول مائن پر کام کیا جائے گا جس کے نتیجے میں 1320 میگاواٹ کول فائرڈ پلانٹ…

پاک، سعودی وزرائے خارجہ کی ملاقات

وزیرخارجہ پاکستان شاہ محمود قریشی کی سعودی عرب فیصل بن فرحان بن عبداللہ سے ملاقات۔ ملاقات کے دوران باہمی تعلقات، مقبوضہ کشمیر اور اہم علاقائ امور پر تبادلہ خیال کیا گیا۔ انہوں نے اپنے سعودی ہم منصب کو مقبوضہ کشمیر کی تازہ ترین صورتحال سے…

وزارت خارجہ میں منعقدہ افریقی ممالک کی دو روزہ سفرا کانفرنس کے حوالے سے وزیر خارجہ کا اہم ویڈیو…

کل وزارت خارجہ میں دو روزہ افریقی ممالک کی سفرا کانفرنس کے انعقاد کے ذریعے معاشی سفارتکاری کا آغاز کرنے جا رہے ہیں۔ ہم سمجھتے ہیں کہ ملک کی مضبوط خارجہ پالیسی کے لیے مضبوط معیشت کا ہونا ناگزیر ہے۔ معیشت جتنی مستحکم ہو گی اتنی موثر خارجہ…

Next Summit of CIS in Uzbekistan

A unanimous decision was made at the CIS Heads of the State Council's session in Ashgabat Turkmenistan to host the next Summit meeting of the Council of the Heads of STATes of Commonwealth of Independent States (CIS) will be held in…

SCO will not take new members

The Shanghai Cooperation Organisation will not be further expanded, SCO Secretary-General Vladimir Norov said during a meeting with journalists on Thursday. He sais that SCO will work together to fight terrorism in the region.…
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