Govt to give news to people regarding permanent electricity rates: Owais Leghari
Islamabad: Minister for Power Sardar Awais Ahmed Leghari has said that government is taking all possible measures to provide maximum relief to people in electricity...
Hurriedly called meeting between Oil Refineries, Oil marketing companies bears no fruit
Islamabad: The Oil and Gas Regulatory Authority (OGRA) hurriedly called meeting of oil refineries and Oil marketing companies over ample of stock of diesel owing...
Indigenous gas reserves are depleting: Minister for Petroleum Musadik Malik
Islamabad: Minister for Petroleum Musadik Malik pointed out that the indigenous gas reserves are depleting. The Minister for Petroleum Musadik Malik told the house during...
Oil refineries face capacity crisis as local diesel consumption decreases
Islamabad: Consumption of local diesel decreased owing to smuggling of oil. The Oil and Gas Regulatory Authority (OGRA) has hurriedly called meeting of all companies...
DPM to embark on five-day visit to United Kingdom tomorrow
ISLAMABAD: The Deputy Prime Minister and Minister for Foreign Affairs, Senator Mohammad Ishaq Dar, will undertake an official visit to the United Kingdom from tomorrow...
Do milk business, eliminate the poverty.
WEB DESK: In Pakistan specially in rural areas milk business totally changed the life of people and remove the poverty. Asal Khan, Director General, Livestock...
PSX witnesses positive trend on the second day of business week
KARACHI: The Pakistan Stock Exchange (PSX) experienced a marginal increased in trading activity today. The Pakistan Stock Exchange (PSX) benchmark KSE-100 index opened on a...
Dollar value increase again by 6 paisa
KARACHI: The rate of United State dollar increased by 6 paisa against Pakistani rupee. According to the currency market dealer, the value of United State...
Gold price down by Rs.1000 per tola
KARACHI: Gold price decreased by Rs.1000 per tola in the gold market. According to the All Pakistan Gems and Jewelers Association the price of gold...
IMF has no objections on targeted subsidiary, taxes can’t be withdrawn on traders : Aurangzeb
Islamabad: Finance Minister Muhammad Aurangzeb has said economic indicators are heading in the right direction. In his televised remarks today, he said up-gradation of Pakistan’s...
IMF raises objection on subsidy over electricity bills, warns of loan program can be endanger
Islamabad: The International Monetary Fund has objected over giving subsidy on electricity bills. The financial body has instructed to withdraw subsidy in September electricity bills....
Positive indicators as reduction in inflation, bullish trend in PSX, upgrading ranking by 2 world agencies: Ahsan
Islamabad: Minister for Planning and Development Ahsan Iqbal has described the reduction in inflation to a single digit, the bullish trend in the stock market...
PSX witnesses negative trend on the first day.
KARACHI: The Pakistan Stock Exchange seen negative trend on the first working day of business week. On the first working day of business week, the...
Pak rupee devalued by 11 paisa against US dollar
Karachi: The Pakistani rupee rate decreased by 11 paisa against US dollar According to the Forex Association of Pakistan (FAP), Pakistani rupee down by 11...
Denmark interested to invest in Pakistan’s mining industry.
ISLAMABAD: The interest was expressed by a delegation of Danish Business Group headed by Ambassador of Denmark to Pakistan Jakob Linulf during a meeting with...
Govt plans to switch three power plants to Thar coal.
ISLAMABAD: The Federal Minister for Power Sardar Awais Ahmad Leghari has constituted a committee in order to shift three IPPs to Thar coal from imported...
Gold rates remain unchanged at Rs.262,500 per tola
ISLAMABAD:The price of 24 karat per tola gold witnessed no change on Monday and was traded at Rs.262,500, the All Sindh Sarafa Jewelers Association reported....
Govt calls owner of 13 IPPs today in Islamabad
Islamabad: The government has called 13 owners of the International Power Plants (IPPs) in Islamabad. Under the China Pakistan Economic Corridor profiteering has been identified...
Gold price up again by Rs.1000 per tola
KARACHI: The rate of gold surged by Rs.1000 per tola to Rs.262.500 According to the All Pakistan Gems and Jewelers Association the rate of gold...
OGRA directs OMC maintain HSD stocks as per established practice.
ISLAMABAD: The Taking strong note of media reports regarding a slowdown in diesel upliftment due to imports allowed to Oil Marketing Companies, the Oil and...
US dollar drop value against Pak Rupee
KARACHI: The United States dollar price decreased by 10 paisa in inter bank According to the currency market dealer, the value of dollar down by...
OGDCL discovers major stock of Oil and Gas in Sanghar, Sindh
Sanghar: The Oil and Gas Development Company Limited ( OGDCL) has discovered a major stock of oil and gas in district Sanghar of Sindh. According...
Gold rates dip by Rs.2,200 per tola
ISLAMABAD:The per tola price of 24 karat gold decreased by Rs.2,200 and was sold at Rs.261,500 on Thursday. The price of 10 grams of 24...
JI chief announces another strike call along with business community after successful shutter down today
Lahore: Chief of Jamat-e- Islami Hafiz Naeem Ur Rehman announced that we will give another strike call after the successful strike of today along with...
Appreciation from world agency as Moody’s upgrades Pakistan rating from C3 to C2
Islamabad: The financial credit rating agency Moody’s has upgraded the Pakistan rating. The agency has updated a assure rating of Pakistani rating for loans in...
Complete shutter down strike being observed in Punjab, KP, Balochistan on call of business community, JI
Lahore/Peshawar/Quetta: The business community of Punjab including Lahore are exhausted by imposition of heavy burden of taxes, heavy electricity bills and inflation owing to which...
Business community observing shutter down strike countrywide, JI also has given strike call today
Islamabad: The business community country wide including capital Islamabad are observing a complete shutter down strike against hefty bill, imposition of heavy burden of taxes....
Complete shutter down strike being observed in Sindh Including Karachi
Karachi: A complete shutter down strike observed by the business community of Karachi against heavy electricity bills, heavy burden of taxes. The strike is being...
Finn Fund representative calls on Finance Minister M Aurangzeb
Islamabad: Finance Minister Muhammad Aurangzeb has reiterated government’s commitment to make Pakistan’s investment climate favourable and conducive for foreign investors. He was talking to a...
Power Minister refutes notion that electricity tariffs being increased consistently
Islamabad: Minister for Power Awais Leghari has refuted the notion that power tariffs are consistently being increased. In a televised message today, he clarified that...
PM orders FBR to hold talks with business community over strike call on August 28
Islamabad: Prime Minister Shahbaz Sharif on Tuesday directed the Federal Bureau of Revenue (FBR) to hold tals with business community over their strike call on...
Govt to be able to reduce power tariff within one year: Awais Leghari
Multan: Federal Minister for Power Sardar Awais Ahmad Leghari has said that government is trying its best to resolve issues relating to power sector and...
IMF schedule till September 4 doesn’t carry Pakistan loan program
Washington: The International Monetary Fund (IMF) has issued its schedule till September 4 which doesn’t carry Pakistan . The Ministry of finance is being striving...
Pakistan to participate as ‘Guest of Honor’ in 8th Silk Road World Exhibition in Xi’an
BEIJING: The Commercial Counsellor at the Pakistan Embassy in Beijing, Ghulam Qadir on Sunday said Pakistan, as the guest of honor, will participate in the...
Economic team working hard to improve economy: Dar
ISLAMABAD: The Deputy Prime Minister and Foreign Minister Ishaq Dar has urged everyone to play due role for prosperity of country. He was addressing the...
Kissan Itehad stages protest in Multan against hefty electricity bills and IPPs
Multan: Kissan Itehad has staged protest in Multan today against the International Power Producers (IPPs). Addressing the protest the Kissan Itehad leaders said that the...
Gold price increased again by Rs.1700 per tola
KARACHI: The price of gold up again in Pakistan by Rs.1700 per tola to Rs.263,700 As per all Pakistan Gems and Jewelers Associations the rate...
Govt decides to end BISP relief for utility stores consumers
ISLAMABAD: The federal government has decided to end the Benazir Income Support Programme relief for consumers at the utility stores. The development came after the...
Dollar value slashes by 17 paisa
KARACHI: The rate of dollar down by 17 paisa in interbank According to the currency market dealer, the price of dollar decline by 17 paisa...
Gold price surges by Rs.200 per tola
KARACHI: The price of gold increased by Rs.200 per tola in Pakistan. According to the All Pakistan Gems and Jewelers association, the rate of gold...
Govt decides to shut Utility store Corporation of Pakistan
Islamabad: The federal government has decided to close the Utility Stores Corporation (USC) while he has sought suggestions within two weeks. Sources said that it...
Bearish trend grips PSX as 100 Index crosses 79, 000 limit in morning trading session
Karachi: A bullish trend gripped Pakistan Stock Exchange (PSX) on Friday, today, the last day of trading as 100 Index crossed limit of 79,000 in...
Pakistan to introduce new currency notes in December.
KARACHI: The governor State Bank of Pakistan has said that new notes will feature enhance security measures State bank Governor Jameel Ahmed on Wednesday announced...
Planning Minister stresses Political stability for economic growth.
ISLAMABAD: The Pakistani students enrolled in the MBA program of Harvard University met with Planning Minister Ahsan Iqbal in Islamabad today. Speaking on the occasion,...
FIA recovers over Rs 1 billion in multiple raids across the country against Hundi-Hawala.
ISLAMABAD: The Federal Investigation Agency (FIA) has recovered over Rs one billion local and foreign currency in multiple raids across the country against Hundi-Hawala during...
Dollar rate increase by 15 paisa in interbank
KARACHI: The rate of United State dollar hiked by 15 paisa in the interbank to Rs. 278.67 As per currency market dealer the rate of...
Gold rate up by Rs.800 per tola to hit new high of Rs.261.800
KARACHI: The price of gold increased by Rs.800 per tola to Rs.261,800 in Pakistan In the Gold market the value of gold increased by Rs.800...
Buna-Raast project is milestone between Pakistan and Arab World: FinMin
Islamabad: Federal Minister for Finance Muhammad Aurangzeb has said that Buna-Raast connectivity project is a milestone for Pakistan and the Arab world. Addressing the launching...
PM launches Buna-Raast connectivity project to streamline remittances from Arab world to Pakistan
Islamabad: Prime Minister Muhammad Shehbaz Sharif launched Buna-Raast connectivity project in Islamabad today to streamline remittances from Arab world to Pakistan. The project links Pakistan’s...
PSX starts with positive trend as 100 index gains 619 points in morning session
Karachi: Pakistan Stock Exchange (PSX) today, Thursday started with positive trend in morning trading session. The 100 Index is trading at 78, 879 after an...