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Textile exports significantly decline in Jan: APTMA
Karachi: Textile sector exports witnessed significant decline of 12.4 percent, clocking in at $ 1.36 billion in January 2023 in comparison to $ 1.55 billion recorded in same m...
PTCL OTT platform ‘SHOQ’ to bring high quality video streaming
Karachi; Pakistan Telecommunication Company Limited (PTCL) subsidiary of e&, (formerly known as Etisalat Group) has launched new Over-The-Top (OTT) platform, SHOQ to provi...
Rupee experiences scanty dip in value against dollar
KARACHI: Rupee lost value slightly against dollar as market is looking for direction amid government’s ongoing tough parleys with International Monetary Fund (IMF). Doll...
SITE condemns firing on businessman car, appeals to apprehend criminals
KARACHI: President SITE Association of Industry Riaz Uddin and others condemned incident of firing on car of renowned industrialist and senior member of SITE Association of In...
Prices of steel bars, cement bags shoots up
KARACHI: After hike in petroleum prices, costs of steel bars and cement bags have witnessed an unprecedented surge in market, it emerged. Price of local steel bars has gone up...
Toyota manufacturer ‘completely’ shuts down its plant till Feb 14
Karachi: Indus Motors Company (IMC), maker of Toyota vehicles has decided to “Completely” shut down its production plant in country from February 1-14, citing &ldq...
Rupee takes breather as IMF talks revive market confidence
Karachi: Rupee started showing signs of recovery as it gained nearly Rs 2 against dollar to close at Rs 267.89 after developments surrounding talks with International Monetary...
Pakistan braces for fuel shortages amid liquidity crisis
KARACHI: Pakistan could face crunch in fuel supplies in February as banks have stopped financing and facilitating payments for imports due to depleting foreign exchange reserv...
NEPRA approves Rs10.80/unit negative adjustment for KE
Karachi: National Electric Power Regulatory Authority approved reduction of Rs 10.8 per unit for K-Electric consumers on account of fuel charges adjustment (FCA) for December...
PSX turns around to bullish trend, gains 802pts
Karachi: Pakistan Stock Exchange (PSX) KSE-100 index turned around to bullish trend, gaining 801.79 points, positive change of 2.01 percent, closing at 40,673.06 against 39,87...
