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17pc bps means upwards of 20pc lending rate: FPCCI
Karachi: Irfan Iqbal Sheikh President FPCCI expressed profound concerns over burning issue of abysmal state of access to capital for businesses from banking channels as after...
Emirates operates milestone demonstration flights powered with 100pc SAF
KARACHI: Emirates operated its first milestone demonstration flight on Boeing 777-300ER, powering one of its engines with 100 percent Sustainable Aviation Fuel (SAF). Flight t...
Yellow metal prices continue upward trend
KARACHI: Yellow metal prices continued to hit new records as weakened economy coupled with continuous depreciation of rupee added to factor. Considered safe haven for investor...
Rupee closes at fresh low of 269.63 versus dollar
Karachi: Rupee continued to sustain heavy losses against dollar in inter-bank market, closing session with another 2.61 percent fall. As per State Bank of Pakistan unit fell R...
UBG leaders dismiss rise in oil prices
Karachi: United Business Group (UBG) rejected recent increase in price of petroleum products, describing it as nightmare for business class and people of country in current si...
Gov Tessori, Abdullah Nasir discuss economic, investment matters
Karachi: Sindh Governor Kamran Tessori and Dubai’s well-known businessman Abdullah Nasir Lotha discussed increasing mutual trade, investment opportunities in province, c...
PCA team, FPCCI discuss businessmen issues
Karachi: Three member delegation of Pakistan Coating Association (PCA) headed by M Badar Haroon along with senior Vice Chairman held meeting with Vice President Federation Pak...
Default fears still loom but risks reduced: Ismail
KARACHI: There is uncertainty at moment along with probability of Pakistan going into default, odds of which have spiked since country drifted away from negotiations with Inte...
Event in honour of Turkish trade team at HMR Waterfront
KARACHI: Haji Rafiq Pardesi Chairman HMR Group organised an event in honour of visiting Turkish trade delegation at HMR Waterfront here. Chief Guest Cemal Sangu Consul General...
KSE-100 sheds 396pts owing to economic uncertainty
Karachi: Pakistan Stock Exchange (PSX) KSE-1000 index closed in red as KSE-100 Index dropped nearly 1 percent owing to weak investor sentiment. Weakening macroeconomic cues an...
