Power Crisis Due to Shortage of Furnace Oil: Dastagir
ISLAMABAD: Minister for Power Khurram Dastgir has said that the power situation in country will improve from Sunday as a result of improved availability of RLNG...
Govt Rejects Increase in Fuel Prices
ISLAMABAD: Prime Minister Shehbaz Sharif has rejected the summary for increase in prices of petroleum products. Minister for Information and Broadcasting Marriyum Aurangzeb said this...
Dollar Appreciates Against PKR
KARACHI: Snapping its gaining streak, the Pakistani rupee (PKR) depreciated by 41 paisa against the US dollar in Thursday s interbank session. According to details, the...
PM Shahbaz Visit To Saudi Arabia Pakistan Can Get Relief Of Eight Billion Dollars
Islamabad: It is hoped that Pakistan will get a relief of as many as eight billion dollars from Prime Minister Shahbaz Sharif visit to Saudi...
SBP Announces Bank Holidays For Eidul Fitr
KARACHI: The State Bank of Pakistan (SBP) Wednesday announced the closure of four days on the occasion of Eid ul Fitr, a statement issued from...
PSX Witnesses Bearish Trend, Loses 284 Points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed another volatile session on Wednesday as it endured selling pressure and eventually closed in the red. The benchmark...
Private Oil Companies Responsible For Diesel Crisis: Petroleum Dealers Association
Rawalpindi: All Pakistan Petroleum Dealers Association (APPDA)has warned the government if the diesel crisis not solved immediately then pump owners will be compelled to hold...
Rupee Continues To Recover Against US Dollar
KARACHI: The Pakistani rupee continued to recover on Tuesday as investors and traders cherished the news regarding the International Monetary Fund (IMF) agreement to increase...
Asim Ahmad Assumes Charge As Chairman FBR
Islamabad: Asim Ahmad has assumed the charge of the post of Chairman, Federal Board of Revenue, Islamabad. Asim Ahmed belongs to Inland Revenue Service and...
Bearish Trend At PSX
KARACHI: The Pakistan Stock Exchange (PSX) failed to continue the positive momentum and declined on Tuesday as it witnessed selling pressure due to the depleting...
Hike In Petroleum Products Prices Delayed
Islamabad: Federal Minister for Finance and Revenue Miftah Ismail has said that the prices of petroleum products would not be increased immediately. The statement from...
Rupee Gains Against US Dollar
KARACHI: The exchange rate of US Dollar weakened by 43 paisa in the interbank on Tuesday against Pakistani rupee.The greenback closed at Rs185.62 on second...
PKR Recovers Against US Dollar
KARACHI: The constructive talks with the International Monetary Fund (IMF) have played a positive role as Pakistani Rupee (PKR) has appreciated by 70 paisa against...
PSX Gains 520 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend and gained 520 points. According to details, the benchmark index witnessed...
Govt Decides To Take Strict Action Against Dealers Involved In Hoarding Of Diesel
Islamabad: Government taking notice of shortage of diesel has decided to take strict action against responsible adding that the artificial scarcity created after rumours of...
Pakistan, IMF Discuss Pathways To complete 7th Review Of IMF Programme
Islamabad: The Pakistan delegation held several meetings with the IMF officials and discussed pathways to complete seventh review of the IMF programme. The delegation led...
Pakistan’s Current Account Deficit Clocks in At $1.03bn in March
KARACHI: Pakistan’s current account deficit was recorded at $1.03 billion in March 2022, compared to $369 million recorded in the same period of the previous...
No Respite From Loadshedding In Karachi Even During Ramazan
KARACHI: The power supply company of Karachi, K-Electric, has apologised to the citizens of the megacity after an increase in the duration of load-shedding. According...
Miftah Ismail Holds Meeting With IMF Board
WASHINGTON: Federal Minister for Finance and Revenue Miftah Ismail has agreed with IMF recommendations to reduce fuel subsidies. Pakistan’s new finance minister on Friday agreed...
Gold Price Drops by Rs800 Per Tola
KARACHI: The price of gold in Pakistan receded on Friday as investors sought cover from political uncertainty, inflation, and its impact. The precious commodity fell...