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News - Daily Times Pakistan

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The Rupee on Tuesday depreciated by 03 paisa against the US Dollar in the interbank trading and closed at Rs 282.20 against the previous days closing of Rs 282.17. However according to the Forex Association of Pakistan (FAP) the buying and selling rates of the dollar in the open market stood at Rs 282.6 and […]

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The price of 24 karat per tola gold decreased by Rs.6100 and was traded at Rs.352300 on Tuesday compared to its sale at Rs. 358400 on last trading day All Pakistan Sarafa Gems and Jewelers Association reported. The prices of 10 grams of 24 karat also decreased by Rs.5230 to Rs.302040 from Rs. 307270 and […]

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The government has allocated an amount of Rs 4253.738 million in its Public Sector Development Program (PSDP) for the fiscal year 2025-26 for different uplift projects of the Ministry of National Food Security and Research in order to develop the local agriculture and livestock sector of the country. According to the PSDP 2025-26 an amount […]

Business Rs16,227.49m earmarked for IT in PDSP

The federal government has allocated Rs. 16227.493 million for the Information Technology and Telecommunication Division under the Public Sector Development Programme (PSDP) for the fiscal year 2025-26. Out of the total allocation Rs. 15777.493 million has been set aside for ongoing projects while Rs. 450 million is reserved for new initiatives said a budgetary document […]

Business Govt to streamline data to cut spending by abolishing redundant posts

The federal government has taken concrete steps toward improving workforce management by digitizing employee records and identifying long-vacant and redundant positions and this move is part of the 2024-25 Budget Call Circular issued on Tuesday aimed at enhancing fiscal efficiency and reducing unnecessary expenditure. The availability of accurate employee data is central to workforce planning […]

Business Around Rs23,270m to be spent for Planning Commission projects

The federal government will spend around Rs.23270 million on 21 projects of the Planning Development and Special Initiatives Division under the Public Sector Development Programme (PSDP) during the upcoming financial year 2025-26. According to a budget document an amount of Rs.2095.141 million has been allocated for 10 ongoing development projects and Rs.21175 million for 11 […]

Business Remittances hit record $3.12bn as new incentives unveiled for expats

Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said that the overseas Pakistanis have sent $31.2 billion in remittances to Pakistan in the first 10 months of the current fiscal year which is 31 percent more than last year. In his budget speech the minister said that overseas Pakistanis were an important asset and […]

Govt earmarks Rs90,225.7m for ongoing power sector schemes Business

The government has allocated an amount of Rs 90225.783 million for various ongoing schemes of power sector in annual public sector development programme (PSDP) for year 2025-26. According to the budgetary document released here Tuesday for ongoing schemes a sum of Rs 10970 million has been earmarked for Evacuation of power from 2160MW DASU HPP […]