Rupee sheds value versus dollar, settles at 282.29
Karachi: Rupee registered back-to-back losses against dollar, depreciating 0.24 percent in inter-bank market. As per State Bank of Pakistan rupee settled at 282.29, decline of Re 0.68. After appreciating marginally, rupee started this week on negativ...
KSE-100 closes flat on mixed session
Karachi: Pakistan Stock Exchange (PSX) KSE-100 index recorded muted session and KSE-100 fell marginally owing lack of positive developments. Investors waited for positive triggers to make buying decisions. At close, KSE-100 Index recorded decrease of...
Barcelona snatches win in Bilbao
BARCELONA: Raphinha's strike earned Barcelona an agonising 1-0 win over Athletic Bilbao on Sunday to restore their nine-point lead over Real Madrid at the top of La Liga. Real Sociedad stumbled to a 1-1 draw at Real Mallorca, with their bid to finish...
Dar directs for expediting implementation of austerity measures
ISLAMABAD: Highlighting current economic situation Minister for Finance and Revenue Senator Ishaq Dar here directed all concerned quarters to expedite implementation of austerity measures with sincerity and true spirit without any exception. Chairing...
ICCI delegation returns after 5-days successful visit of Ethiopia
ISLAMABAD: A delegation of Islamabad Chamber of Commerce and Industry led by its President Ahsan Zafar Bakhtawari returned to country from Ethiopia after attending Pak- Ethiopia Business Forum, which was inaugurated by Deputy Prime Minister and Forei...
Minister for promoting innovation-led productivity growth
ISLAMABAD: Minister for Industries and Production Syed Murtaza Mahmud appreciated role of Asian Productivity Organisation (APO) in development of Asia-Pacific region saying that it is time to revitalise commitments and to strive to achieve APO’...
Localisation for growth discussed at ‘National Policy Dialogue’
KARACHI: K-Electric Limited in collaboration with Nutshell Group jointly hosted National Policy Dialogue on Localisation for growth at local hotel. Dialogue addressed urgent need to explore options for indigenisation and sourcing materials from local...
PYMA terms Textile Asia breath of fresh air for industries
KARACHI: Sohail Nisar senior Vice Chairman Pakistan Yarn Merchants Association (PYMA) described Textile Asia exhibition as very important for textile industry, which aims to focus on immense buying selling potential of textile and garment machinery,...
Rupee sheds 83pa against dollar
Karachi: Rupee weakened by 83 paisa against dollar in interbank trading and closed at Rs 281.60 against previous day’s closing of Rs 280.77. According to Forex Association of Pakistan (FAP), buying and selling rates of dollars in open market we...
PSX gains 62pts on subdued activity
ISLAMABAD: Pakistan Stock Exchange (PSX) KSE-1000 index gained 62.98 points, positive change of 0.15 percent closing at 41,856.85 points against 41,793.87 points previous day. Total of 289,274,485 shares were traded during day as compared to 272,742,...
