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Rupee gains value, settles at 283.47 against dollar

Karachi: Rupee regained its upward momentum against dollar, appreciating 0.15 percent during trading in inter-bank market. According to State Bank of Pakistan (SBP), domestic unit settled at 283.47, an increase of 0.42 paisa. Market participants awai...

KSE-100 index gains 508pts gain on banks, cement, chemical

Karachi: Pakistan Stock Exchange (PSX) KSE-100 index witnessed bulls run as benchmark KSE-100 Index gained over 500 points on back of improved macroeconomic cues. By end of session, KSE-100 Index closed 508.48 points or 1.26 percent higher to settle...

Unnecessary eid holidays will push us down economically

KARACHI: Ismail Suttar Chairman Salt Manufacturers Association of Pakistan (SMAP) rejecting excessive holidays for Eid ul Fitr stated that five days of Eid holidays is highly inefficient decision notified from government in such crippling economic cr...

Rupee stays flat in value against dollar

Karachi: Rupee remained largely unchanged against dollar during trading in inter-bank market. According to State Bank of Pakistan domestic unit settled at 283.89 an increase of 0.01 paisa. Development comes after rupee regained some ground against do...

KSE-100 closes flat, volume remains subdued

Karachi: Pakistan Stock Exchange (PSX) saw mixed session and KSE-100 Index rose 0.13 percent owing to mixture of upside and downside pressures. Political instability kept investors mostly on sidelines with volume on all-share index remaining subdued....

Pakistan’s textile exports plunge 22.6pc in March

Karachi: Exports of Pakistan’s textile sector witnessed significant decline of 22.6 percent, clocking in at $ 1.26 billion in March 2023 compared to $ 1.63 billion recorded in same month of previous year, showed latest data released by Pakistan...

KSE-100 Index closes green on banking, power scrips

Karachi: Pakistan Stock Exchange (PSX) KSE-100 index saw positive session and KSE-100 Index rose 0.5 percent as investors remained optimistic of staff-level agreement between Pakistan and International Monetary Fund (IMF) for disbursement of next tra...

Pakistan, Russia conclude second round of crude oil talks, negotiate payment mode

LAHORE: Pakistan and Russia have concluded second round of talks over crude oil imports, moving one step forward in deciding mode of payment, sources claim. Sources claimed Russian crude oil is expected to arrive in Pakistan in May if order was succe...

Jul-Feb Large Scale Manufacturing Industries output dips 5.56pc YoY

Karachi: Large Scale Manufacturing Industries (LSMI) output declined by 5.56 percent during first eight months (July-February) of 2022-23 when compared with same period of last year, according to latest data released by Pakistan Bureau of Statistics...

Rupee sheds value, settles at 284.71 against dollar

Karachi: Rupee ended its three-session winning streak against dollar as currency depreciated 0.11 percent in the inter-bank market. According to State Bank of Pakistan (SBP), domestic unit settled at 284.71, decrease of Re 0.31. During previous week,...

NC Big Stories

PM orders to identify, bring to justice those involved in cop’s martyrdom

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif yesterday condemned the killing of a police constable by protesters and expressed solidarity with the slain officer’s family. Prime Minister Sharif extended his condolences to the family of Cons...

Pakistan, Belarus vow to strengthen bilateral ties

ISLAMABAD: Deputy Prime Minister Ishaq Dar met his Belarusian counterpart Maxim Ryzhenkov here, wherein two sides underlined the importance of bilateral relations and reaffirmed their commitment to promote mutually beneficial cooperation. In the meet...

YouTuber Raja bashes Fahad’s comment on his success

Pakistani actor and television host Fahad Mustafa, widely known for his role in the hit drama Kabhi Main Kabhi Tum, has recently stirred a social media debate with comments made during an interview. Referring to himself as “Allah’s favori...

Tarar claims PTI leaders seeking arrest to avoid participation in planned protest

ISLAMABAD: Federal Minister for Information and Broadcasting, Attaullah Tarar, has claimed that many leaders and workers of Pakistan Tehreek-e-Insaf (PTI) are deliberately seeking arrest to avoid participating in the upcoming protest planned by the p...
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