Business

CEBO participates in Gulf Food Event

Karachi: CEBO (Cater, Event Planner, Baker Organisation) is taking steps to grow the industry to women entrepreneurs. CEBO has always been there to support small scale entrepreneurs and again, to give hype to their members, The Chef Samia Lari Presid...

SBP jacks up key policy rate by 300 basis points

KARACHI: Fulfilling another condition of IMF for revival of loan programme, Pakistan’s central bank jacked up its key policy rate by 300 basis points to 26-year high at 20 percent at preponed meeting yesterday. Hike is 100 basis points higher t...

Rupee plunges to historic low against dollar

KARACHI: Rupee plunged by over Rs 18.98 against dollar in interbank ahead of central bank’s monetary policy review and amid concerns over stalled International Monetary Fund (IMF) deal. Rupee slumped by 6.66 percent to close at 285.09 against d...

S.M. Muneer Hall inaugurated at Gohar Group of Companies

KARACHI: S. M. Tanveer Minister Punjab for Energy, Industries, Commerce, Investment and Skill Development and Industry inaugurated S. M. Muneer (Bhaijan) Conference Hall at Head Office of Gohar Group of Companies at Karachi. Inauguration ceremony was...

Dependence on IMF no solution to economic crisis: UBG

KARACHI: President of United Business Group (UBG) Zubair Tufail said that in current situation of country, it is necessary to obtain loan from International Financial Institution, but depending on IMF is not permanent solution. He said that governmen...

Pak-UK vow to play role to increase bilateral trade

ISLAMABAD: Mayor of Pendle of Lancashire County Yasser Iqbal said that he would play role to further increase bilateral trade ties between Pakistan and UK as both countries have good potential of trade in many areas for mutual benefit. Exchanging vie...

PM to inaugurate 100MW Iran-Gwadar power transmission project

ISLAMABAD: Prime Minister Shehbaz Sharif will inaugurate 100MW Iran-Gwadar power transmission project during his visit to Balochistan this week. This was stated by Chief Secretary Balochistan Abdul Aziz Aqeeli while addressing meeting to review ongoi...

Khairpur Chamber welcomes launch of ‘Pink Bus’ service in Sukkur

Karachi: President Khairpur Chamber of Commerce and Industry Shabnam Zafar, senior Vice President Sunny Krishna Chand and Vice President Muhammad Nadeem Warsi welcomed pink bus service for women under Peoples’ Bus Service in Hyderabad and Sukku...

iTechnologi, IrriWatch to upgrade agriculture sector via technology

KARACHI: iTecknologi Group of Companies leading technology-based conglomerate partnered with IrriWatch an agritech company based out of Netherlands to uplift farming standards by leveraging tech-enabled agricultural solutions. Syed Salman Hussain CEO...

Secy Energy welcomes project’s appreciation, thinking

KARACHI: Two-day Pakistan Investor Roadshow in Karachi with support of British government and Alternative Development Resources Company has concluded here. Reiterated commitment to promote energy and climate change projects, second day of roadshow,...

NC Big Stories

Babar Azam reclaims top spot in ICC Men’s ODI Rankings

Pakistan’s cricket star Babar Azam has once again ascended to the top of the ICC Men’s ODI Rankings, reclaiming the No 1 spot with 809 rating points, as per the latest update released by the International Cricket Council (ICC). Babar Azam...

KSE-100 soars 4,700 points, closes above 99k as PTI protest ends

KARACHI: After experiencing its largest single-day drop of over 3,500 points, the Pakistan Stock Exchange (PSX) made an impressive recovery, with the benchmark KSE-100 Index surging by nearly 4,700 points, marking the highest-ever single-day point ga...

Professionals Network organizes Islamic Banking & Finance Conference

KARACHI: Professionals Network recently organised Islamic Banking & Finance Conference at a local hotel in Karachi. The Chief Guest of the inaugural session was Syed Samar Hasnain (Executive Director, SBP). Speakers include Jawad Majid Khan (Pre...

Pakistan, China sign $250mln MoUs to enhance agri, food processing

ISLAMABAD: Pakistan and China have signed 13 Memoranda of Understanding (MoUs) aimed at boosting collaboration in agriculture and food processing sectors. The total value of these MoUs amounts to $250 million, reflecting a significant step toward str...
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