Recent Post:
Rupee sheds value settles at 284.03 against dollar
Karachi: Rupee sustained losses against dollar, depreciating 0.82 percent in inter-bank market as uncertainty over resumption of a stalled International Monetary Fund programme and rise in domestic political noise dented market sentiments. As per Sta...
Pakistani exporters urged to tap Baltic region potential: FPCCI
Karachi: Suleman Chawla acting President FPCCI proposed that Pakistani exporters should tap potential of emerging European economy of Lithuania in Baltic region. He appreciated fact that Ricardas Degutis Ambassador of Lithuania visited FPCCI Head Off...
Shipping activity at Port Qasim remains brisk
KARACHI: Two ships MSC Silver II and Easterly Beach Galaxy carrying containers and chemicals berthed at Qasim International Container Terminal and EngroVopak Terminal respectively. Meanwhile four more ships, MSC Marina, MSC Monica III, Abram Schulte...
Gold loses traction, rate falls by Rs1,000/tola
Karachi: Gold rate dropped in line with international market, snapping seven-day winning streak. Data released by All-Pakistan Sarafa Gems and Jewellers Association showed that price of gold (24 carats) fell by Rs 1,000 per tola and Rs 858 per 10 gra...
PSX loses 411pts, closing at 40,918.45 mark
Karachi: Pakistan Stock Exchange (PSX) KSE-100 index declined by 411.50 points, showing negative change of one percent, closing at 40,918.45 points against 41,329.95 points previous day. Total of 195,477,553 shares were traded during day as compared...
Banks to remain closed on March 23
KARACHI: All commercial banks as well as State Bank of Pakistan (SBP) will remain closed for public dealing on March 23 in connection with Pakistan Day. According to statement issued by central bank, “State Bank of Pakistan will remain closed o...
SBP issues Rs50 commemorative coin on golden jubilee of Senate
KARACHI: State Bank of Pakistan issued commemorative coin of Rs 50 to mark golden jubilee of Senate Upper House of Parliament of Pakistan. Year 2023 marks golden jubilee of Senate and government for celebrating significant occasion has authorised cen...
Careem removes ‘peak charge’ on bikes, rickshaws amid inflation
KARACHI: Careem leading ride-hailing service announced to remove ‘peak charge’ on its bikes and rickshaws categories across Karachi, Islamabad and Lahore. Initiative is taken in light of recent economic situation where inflation and globa...
Building infrastructure vital for Pakistan’s sustainability: moot
Karachi: InfraZamin collaborated with Nutshell Group to jointly host Pakistan’s first ever Infrastructure Summit at a local hotel. Infrastructure development helps reduce unemployment and stimulates economic growth. Muhammad Azfar Ahsan founder...
Gold prices race ahead by Rs2,300/tola
Karachi: Gold prices raced ahead to once again cross 0.2 million mark with rupee remaining stuck in reverse gear amid economic frets from dried-up foreign reserves and beleaguered loan deal with lender of last resort. Data released by All Pakistan Sa...
