Dollar sheds by 26paisas in interbank
KARACHI: The dollar shed by 26paisas in interbank on Wednesday and is currently trading at Rs286.30. The greenback was closed at Rs286.56 on Tuesday....
PSX witnesses bullish trend
KARACHI: The Pakistan Stock Exchange on Wednesday witnessed bullish trend at the start of the third day of the business week. The KSE-100 index crossed...
Ghee price decreases across the country: USC
Islamabad: The Utility Store Corporation USC has reduced the prices of subsidized ghee provided under the Prime Minister’s Relief Package by Rs 80 per kg...
Karachi Business community rejects govt decision to close business, shops till at 8 pm night
Karachi: President Anjuman-e-Tajiran Karachi (ATK) Javed Shams has rejected the federal government decision closure of shops and markets at 8 pm at night. The ATK...
Govt decides to close market and shops till at 8 pm night under energy saving project
Islamabad: National Economic Council (NEC) meeting has decided to close shops and markets all across the country at 8 pm. Prime Minister Shahbaz Sharif has...
PM for inclusion of mega incentives for IT sector in fiscal budget
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Tuesday directed the relevant authorities to include mega incentives for the Information Technology sector in the fiscal budget...
IMF insistence of to do more continues as it demands revenue target be extended
Islamabad: International Monetary Fund (IMF) has demanded for Pakistan to do more as it international lender demanded to increase revenue. The IMF demanded that revenue...
Govt decides to make energy reforms part of the budget 2023-24
ISLAMABAD: The government on Tuesday decided to make energy reforms a part of the budget 2023-24 in order to cut reliance on imported fuel. The...
PSX turns bullish today as its gains 314 points
Karachi: The 100-index of the Pakistan Stock Exchange (PSX) gained 314.95 points on Monday. A total of 145,177,892 shares were traded during the day as...
US dollar once again bounce back to Rs 308 today after uptick of Rs 8
Karachi: The US dollar once again bounced back on Monday as it climbed to 308 after an uptick of Rs 8 in the open market....
ECC approves Rs12b for NDMA
Economic Coordination Committee at its meeting chaired by Finance Minister Ishaq Dar in Islamabad today accorded approval for issuance of government of Pakistan guarantee amounting...
$220mln to be earned by leasing PIA’s Roosevelt Hotel in New York: Saad
Lahore: Minister for Railways and Aviation Khawaja Saad Rafique says the precious asset of the PIA Roosevelt Hotel, New York has been leased out for...
Trade deficit narrows by 40.6% to $25.8bn in July-May
ISLAMABAD: Pakistan’s trade deficit narrowed by 40.6% to $25.8 billion during the July-May period of the fiscal year 2022-23, compared to $43.41 billion in the...
Govt taking prudent initiatives for ease of doing business: Dar
Minister for Finance and Revenue Ishaq Dar says the government is taking prudent initiatives for ease of doing business and economic growth of the country. Talking...
Pakistan’s weekly inflation remains above 42pc
ISLAMABAD: The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed an increase of 0.03 pc to jump to 42.67pc on a year-on-year basis for...
US dollar Substantially decreases by Rs 12 after SBP allows credit card settlement in inter-bank rates
Karachi: After the State Bank of Pakistan (SBP) allowed credit card settlement in the inter-bank rates, the US dollar suddenly devalued by Rs 12 in...
OGRA decreases LPG prices by Rs 37 per Kg for June
Islamabad: Oil and Gas Regulatory Authority (OGRA) has decreased Liquefied petroleum gas (LPG) prices for month of June by Rs 37 per Kg. The OGRA...
Dollar decreases by Rs 11 in Open market as SBP allowed credit card settlement in Inter-bank rates
Karachi: The US dollar on Thursday substantially decreased by Rs 11 in open market as the SBP allowed yesterday credit card settlement in the inter-bank...
Petrol price slashed by Rs8 per litre
The federal government reduced the prices of petroleum products Wednesday by up to Rs8 per litre. The decision was announced by Finance Minister Ishaq Dar...
Secretary ECA lauds SBP over allowing credit card settlement through inter-bank rate
Karachi: The Secretary Exchange Companies Association (ECA) Zafar Paracha has lauded the State Bank of Pakistan (SBP). Before this, dollars were bought from the exchange...