News
Finance minister declines to predict electricity price direction amid subsidy talks
6+ hour, 21+ min ago (210+ words) Summary Finance minister Aurangzeb avoids predicting electricity prices, citing ongoing subsidy discussions, while confirming Pakistan has met IMF targets ahead of a board decision. LAHORE (Dunya News) - Federal Finance Minister Muhammad Aurangzeb has refrained from stating whether electricity prices in…...
Gold gains as investors focus on US-Iran peace deal prospects
19+ hour, 50+ min ago (379+ words) Summary Gold steadies near one-week high as investors await U. S. -Iran peace deal; dollar weakens, yields ease, oil falls; silver rises, platinum dips, palladium up slightly (Reuters) - Gold prices held largely steady near a one-week high "on Thursday as investors remained…...
Minister links economic stability to digital technology
5+ day, 2+ hour ago (182+ words) Summary Says steps are underway to make the digital assets market an important pillar of the economy LAHORE (Dunya News) - State Minister Bilal bin Saqib has said economic stability can be achieved through digital technology. A leadership summit on blockchain…...
Pakistan's inflation hits two-year high at 10. 9pc in April
5+ day, 19+ hour ago (351+ words) Summary The surge is largely linked to global fuel price hikes following geopolitical tensions involving United States, Israel, and Iran. ISLAMABAD (Dunya News) - Pakistan's inflation surged to a near two-year high of 10. 9% in April, driven by rising fuel prices, global…...
ECC notes price stability, approves supplementary grants
1+ week, 3+ day ago (230+ words) The committee, which met under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb also approved a series of fiscal measures and reforms to support economic stability and governance. The committee was informed that following a…...
Weekly inflation eases slightly, annual rate rises to 13. 98pc
1+ week, 6+ day ago (171+ words) Summary Weekly inflation falls 0. 33% in Pakistan, though annual rate rises to 13. 98%, with mixed price trends as some essential items increase while others including tomatoes and fuel decline. ISLAMABAD (Dunya News) - The Pakistan Bureau of Statistics has released its weekly inflation…...
Iran Central Bank Governor meets DPM
3+ week, 5+ day ago (76+ words) Dunya News Iran Central Bank Governor meets DPM Summary Both sides emphasised the importance of sustained dialogue and noted that peace and stability in the region remain essential for economic cooperation and shared progress. The Iranian delegation was led by…...
Inflation in Pakistan continues to surge
3+ week, 6+ day ago (322+ words) Summary Pakistan witnessed a sharp rise in inflation, with 28 essential items becoming more expensive in a week. ISLAMABAD (Dunya News) - Inflation in Pakistan continues to surge amid rising tensions in the Middle East, with the weekly inflation rate increasing by…...
Remittances surge in Pakistan, signalling economic stability
3+ week, 6+ day ago (205+ words) Summary Pakistan's remittances rose significantly to $3. 8 billion in March, reflecting increased confidence in the economy, with total inflows expected to exceed $41 billion this fiscal year. ISLAMABAD (Web Desk) " Pakistan has recorded a significant increase in remittances, a development being viewed…...
Pakistan's growth forecast slashed as regional tensions drive inflation, says WB
3+ week, 6+ day ago (193+ words) Summary World Bank warns Middle East tensions push up energy costs, inflation in Pakistan; GDP growth cut to 3%, current account may turn deficit, sugar sector reforms announced. ISLAMABAD (Dunya News) " The World Bank has warned that tensions in the Middle…...