Suzuki raises motorbike prices by up to Rs46,000
KARACHI: After Honda and Yamaha, Suzuki has also increased prices of its motorbikes by up to Rs 46,000, report said. According to circular issued by Suzuki Company to dealers, price of Suzuki GD 110cc has been increased by Rs 29,000 to Rs 322,000. Pr...
Rupee falls slightly against dollar
Karachi: Rupee depreciated slightly against dollar in inter-bank market. As per State Bank of Pakistan (SBP), local currency closed at 284.65, down 0.23 paisa or 0.08 percent. As per State Bank of Pakistan Domestic unit closed at 284.65, down 0.23. T...
KSE-100 sheds 301pts on muted session
Karachi: Pakistan Stock Exchange (PSX) KSE-1000 index saw muted session and KSE-100 Index fell 0.75 percent as reports circulated that Finance Minister Ishaq Dar has pulled out of his visit to World Bank and International Monetary Fund spring meeting...
IMF gets ‘confirmation’ from Saudi Arabia for $2bn deposits
ISLAMABAD: International Monetary Fund (IMF) conveyed to Pakistan that it has received confirmation from Saudi Arabia on $ 2 billion in additional deposits, rekindling hopes of an early signing of agreement. Islamabad has been negotiating with IMF si...
Ahsan holds interactive session with UNESCAP team in Thailand
ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal held an interactive session with Head of Trade, Investment and Innovation Division and team of United Nations Economic and Social Commission for Asia and Pacific (UNESC...
President SAI calls for urgent resumption of gas to all industries
KARACHI: President SITE Association of Industry (SAI) Riaz Uddin condemned suspension in gas supply to Industries and their captive power plants (CPP) and requested federal and provincial governments to take an immediate notice of grave situation cre...
Electricity tariff scaled up more than 50pc in 1 year
ISLAMABAD: Electricity tariff has been increased more than 50 percent in a year. As per details tariff was increased under Fuel Adjustment Surcharges (FAS) during one year. According to NEPRA documents, electricity has been made expensive in respect...
Rupee registers recovery, settles at 284.42 against dollar
Karachi: Reports of expected inflows from Saudi Arabia helped rupee register significant gains against dollar as currency climbed 1.2 percent during trading in inter-bank market. As per State Bank of Pakistan (SBP), rupee closed at 284.42, an increas...
Bullish run at bourse, KSE-100 up over 633pts
Karachi: Positive momentum was witnessed at Pakistan Stock Exchange (PSX), with benchmark KSE-100 Index gaining over 633 points, as markets rejoice over reports regarding expected inflows from Saudi Arabia. Benchmark index opened in positive and rema...
Friendship with China enjoys broad support: Ahsan Iqbal
BEIJING: Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that friendship and strategic partnership with China enjoyed broad political support in Pakistan and acknowledged International Department of Communist Party of Chin...
