Business

Uzbek President invites int’l investors at moot

Karachi: President of Republic of Uzbekistan Shavkat Mirziyoyev at Second Tashkent International Investment Forum said meetings with representatives of foreign governments, international financial institutions and heads of high-profile companies are...

Rupee falters, settles at 283.92 against dollar

Karachi: Rupee sustained loss against dollar, settling with depreciation of 0.19 percent during trading session. According to State Bank of Pakistan (SBP), domestic unit closed at 283.92, decrease of 0.53 paisa. It had appreciated during early hours...

Exclusive talks: Dubai’s youngest Real Estate Market tycoon ‘Taha Munir Wavdiwala’

It would not be incorrect to say that in today’ era the Real Estate Market is booming all around the globe and the magnanimous people associated with it are true ‘Kingpins’ of the construction industry. Earning exorbitant income is...

Dar directs CDA to fast track development projects for expats

ISLAMABAD: Finance Minister Ishaq Dar directed Capital Development Authority (CDA) to fast track development projects for overseas Pakistanis. He was chairing meeting on CDA’s projects for overseas Pakistanis here. Finance Minister directed CDA...

Govt fixes retail price of sugar at Rs98.82 per kg

LAHORE: On recommendation of Advisory Board, Ministry of Food and Agriculture has issued notification fixing retail price of sugar at Rs 98.82 per kilogramme. According to notification issued by Ministry of Food and Agriculture, retail price of sugar...

KCCI seeks extension in last date of electricity bills payment

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammed Tariq Yousuf requested management of K-Electric to extend last date for payment of electricity bills in view of extended holidays observed on account of Eid-ul-Fitr. In commu...

IMC reports profit of Rs3.22bn for 3rdQ FY 2023

Karachi: Indus Motor Company (IMC), assembler of Toyota vehicles in Pakistan reported profit-after-tax (PAT) of Rs 3.216 billion for third quarter of financial year 2022-23, decrease of 37 percent as compared with earnings of Rs 5.118 billion in same...

Gas meter’s monthly charge raised to Rs500 from Rs40: SNGPL

KARACHI: After recent increase in gas prices, monthly charge for gas meter has increased significantly, it emerged. According to notification issued by Sui Northern, gas meter fee has been raised from Rs 40 to Rs 500 per month, which means customers...

CPPA, KE move NEPRA for scaling up power tariff

ISLAMABAD: Central Power Purchasing Agency (CPPA) filed application with NEPRA seeking increase in power tariff under Fuel Price Adjustment (FPA) for March. CPPA has sought increase in power tariff by Rs 1.17 per unit for DISCOs consumers. NEPRA will...

Rupee remains stable against dollar

Karachi: Rupee remained largely stable against dollar, settling with an appreciation of 0.03 percent. According to State Bank of Pakistan (SBP), domestic unit settled at 283.39, an increase of 0.08 paisa. It had depreciated during early hours of trad...

NC Big Stories

Hajj 2025: Banks receive over 20,000 applications

ISLAMABAD: A total of 20,170 applications for Hajj 2024 had been received for the Government Hajj Scheme, with the process of submitting applications still ongoing at designated banks across the country, according to a spokesperson from the Ministry...

PTI founder booked in case of cop’s death

TAXILA: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan has been booked in another case at Taxila police station following the death of a police constable and injuries to others during a violent confrontation near the Hakla Interchange. The FIR, l...

Business community announces new airline

KARACHI: The business community of Karachi has announced the launch of a new airline, ‘Air Karachi,’. According to reports, businessman Hanif Gohar revealed that the airline has been registered with the Securities and Exchange Commission...

PM condemns attack on Rangers personnel, police

 ISLAMABAD: Prime Minister Shehbaz Sharif has strongly censured attack on Rangers and police personnel by protesters utilizing a vehicle on Srinagar Highway in Islamabad. In his statement, he called for the immediate identification of those resp...
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