PSX witnesses bearish trend, loses 250 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday, losing 250.10 points, closing at 74,956.67 points . A total of...
PM for maximum utilization of IT sector’s potential
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Tuesday stressed upon the need of maximum utilization of opportunities in the Information and Technology sector as the...
WHO challenges illicit tobacco trade numbers in Pakistan, says trade share is 23 %
Islamabad: The World Health Organization (WHO) has contradicted claims by multinational tobacco companies regarding the illicit cigarette trade, revealing that the actual figure in Pakistan...
Int’l Tea Day being observed today
Web Desk: International Tea Day is being observed today as the Theme this year is “women and their role in the tea sector”. The day...
Rupee strengthens against US dollar in open market by 11 paisas
Karachi: Pakistani rupee strengthen against the US dollar by 11 paisas on Tuesday, today while the greenback appreciated in the inter-bank trading by nine paisas....
Mix trend prevailed at PSX today as market closed at 75,206 after uptick of 122 points
Karachi: A mixed trend prevailed at Pakistan Stock Exchange (PSX) on Tuesday as the 100 index closed after an uptick of 122 points at 75,206....
Significant 18% drop in smoking rates in Pakistan: CRD
ISLAMABAD: A recent survey by Islamabad’s Center for Research and Dialogue (CRD) show a significant 18% drop in smoking rates in Pakistan,linked to rising cigarette...
Masses likely to be burdened with whopping Rs 34 billion under fuel adjustment charges
Islamabad: It is likely that the masses will be burdened with a whopping Rs 34 billion. It is likely that the electricity prices will see...
Gold rates dip by Rs 1,900 per tola
ISLAMABAD: The per tola price of 24 karat gold decreased by Rs 1,900 and was sold at Rs 248,500 on Tuesday compared to its sale...
Italian envoy calls on FINMIS Auragzeb, praises upward trajectory in Pak Economy
Islamabad: Italian Ambassador Ms. Marilina Armellin called on Finance Minister Muhammad Aurangzeb in Islamabad today, to discuss the cooperation and longstanding relations between Pakistan and...
Sindh govt decides to establish rapid response for drug peddlers and tax theft
Karachi: Sindh government decided on Monday to establish a rapid response force against drug peddlers and people involved in tax theft. The province Senior Minister...
Utility Stores purchases sugar under PM relief package to provide consumers on subsidy
Islamabad: The Utility Stores Corporation of Pakistan USCP has purchased 10,000 metric ton of sugar under the Prime Minister relief package. After including all the...
Energy sector circular debt surges substantially owing to uptick in electricity prices
Islamabad: After the record uptick in the electricity prices the energy sectors circular debt has also climbed. The energy sector circular debt rose to Rs...
Govt decides to end net metering policy
Islamabad: The federal government has decided to end net metering policy from the country. It is likely that the government will introduce a gross metering...
Govt to reduce expenditures of Rs 300 billion in year: Plan presented to IMF
Islamabad: The federal government will reduce more than Rs 300 billion expenditures in a year. The government financial team on Monday presented the plan to...
Dollar appreciated by 4 paisa in interbank.
KARACHI: The value of US dollar appreciated by four paisa in interbank. In the interbank dollar value appreciated by four paisa, bringing its value to...
PSX sees positive trend on the first day of business week
KARACHI: The Pakistan Stock Exchange witnessed positive trend on the first day of business week, gain 200 points. The Pakistan Stock Exchange (PSX) witnessed a...
Gold Price rise by Rs.2300 per tola
KARACHI: The rate of gold increased by Rs.2300 per tola to Rs. 250,400. According to the All Pakistan gems and jewelers association the rate of...
Turkish FM to arrive in Islamabad today.
ISLAMABAD: The Turkish Foreign Minister Hakan fidan will meet to Prime Minister Shahbaz Shareef , Speaker National Assembly Sardar Ayaz Sadiq and Chairman Senate Yousaf...
Tobacco company rubbishes market report as false, fabricated
ISLAMABAD: A tobacco company has taken an exception to a report “Pakistan Cigarette Market Assessment 2024” by Ipsos Pakistan and described it as false and...