Climate change likely to have severe impacts in CARE region, including Pakistan: ADB
INCHEON: Asian Development Bank (ADB)’s Director General for Central and West Asia Yevgeniy Zhukov said here that climate change was expected to have severe impacts in CAREC region which includes Central Asia, Mongolia, Pakistan, China and Sout...
PYMA appeals PM to continue subsidised electricity, gas tariff for saving industries from destruction
KARACHI: Sohail Nisar senior Vice Chairman Pakistan Yarn Merchants Association (PYMA) expressing deep concern over discontinuing gas concession package for textile sector by Oil and Gas Regulatory Authority (OGRA) appealed to Prime Minister Shehbaz S...
Pakistan needs to pay $3.7bn debt in May, June this year: Bloomberg
LAHORE: Pakistan requires to pay total of $ 3.7 billion of debt payments in months of May and June, Bloomberg quoted Fitch Ratings as said. “About $ 700 million of maturities are due in May and another $ 3 billion in June,” Krisjanis Krus...
KSE-100 closes to 148pts amid low investor participation
Karachi: Pakistan Stock Exchange (PSX) KSE-1000 index recorded positive session and rose 0.35 percent in midst of low investor participation. By end of day, KSE-100 Index closed 148.18 points higher to settle at 42,241.98. Following brief upward open...
Commissioner Karachi to chair meeting of organizing body of Women's Basketball C;ship
Karachi: Commissioner Karachi Muhammad Iqbal Memon will today chair the meeting of the organizing committee of the National Women's Basketball Championship to be held from June 12 to 17. The meeting will be held in the committee room of the commissio...
Uncertainty due to absence of IMF programme: Ahsan Iqbal
ISLAMABAD: Minister of development and planning Ahsen Iqbal said uncertainty increased due to absence of International Monitory Fund (IMF) programme. In his address on issuing report of World Bank’s human capital review research Ahsan Iqbal as...
SMAP urges govt to register pink salt for GI tag
KARACHI: Ismail Suttar Chairman Salt Manufacturers Association of Pakistan (SMAP) urged government to speed up efforts to get pink salt registered as Geographical Indication (GI) tag product through Intellectual Property Organisation like Basmati ric...
Ghandhara Automobiles announces extension in plant shutdown
Karachi: Ghandhara Automobiles Limited formerly called Ghandhara Nissan Limited announced to extend shutdown of its production plant. Automaker shared development in its notice to Pakistan Stock Exchange (PSX). “As notified vide our letter Apri...
Rupee stablises, settles at 283.82 against dollar
Karachi: Rupee remained stable against dollar, settling with marginal improvement of 0.02 percent during trading session. According to State Bank of Pakistan (SBP), domestic unit closed at 283.82, an increase of 0.06 paisa. In key development, US Fed...
KSE-100 ends flat after roller-coaster session
Karachi: Pakistan Stock Exchange (PSX) KSE-100 index saw roller-coaster trading session and KSE-100 Index closed flat after volatile ride. Mixture of upside and downside pressures sparked mixed trading in market. By end of session, KSE-100 Index was...
