Solangi, Iranian envoy emphasise importance of mutual cooperation in diverse sectors
ISLAMABAD: Pakistan and Iran emphasised importance of mutual cooperation in trade and economic sectors, especially in scope of ECO organization, corridor from East to West, bilateral cooperation on ports and expansion of relations between two brother...
Exports: Seafood worth $161.8m in 5MFY24
ISLAMABAD: Pakistan earned $ 161.896 million by exporting 72,515 metric tonnes of fish and fish preparations during first five months of current fiscal year, Pakistan Bureau of Statistics (PBS) reported. AS compared to exports of $ 185.802 million du...
Govt taking steps to boost foreign investment in IT sector: PM
ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar said that government was taking steps to boost foreign investment in Information Technology sector. “In this regard positive progress has already been made,” interim prime minister sa...
PHC intervention: Free electricity continues for WAPDA officers
PESHAWAR: The Peshawar High Court (PHC) on Thursday suspended the decision of the caretaker government to end the provision of free electricity units to the WAPDA employees. The ruling was announced during the hearing of a plea of PESCO offices for f...
PSX soars with 2.86% gain
KARACHI: Just a day after witnessing the major drop, the Pakistan Stock Exchange (PSX) benchmark went up on Wednesday and closed on a bullish trend with a 2.86 percent increase compared to the previous closing day. As per the PSX market highlights, t...
Habib Sugar Mills says will buy back 15m shares
Karachi: Habib Sugar Mills Limited (HABSM) has decided to buy back up to 15,000,000 ordinary shares through bourse, it said in notice to Pakistan Stock Exchange (PSX). Company added that these shares, having face value of Rs 5 each, constitute up to...
IPO, PITB join hands for automation, digitalisation of IPO-Pakistan
ISLAMABAD: Intellectual Property Organisation (IPO) and Punjab Information Technology Board (PITB) signed an agreement for digitalisation and automation of IPO Pakistan. Agreement was signed by Director General IPO Shazia Adnan and Director General P...
Pakistan jacked up power tariff by Rs10.73/unit in 2023
ISLAMABAD: On International Monetary Fund’s demand, Pakistan jacked up electricity and gas tariffs in 2023, causing an additional burden of over Rs 2,200 billion on consumers. As per details, Pakistan government jacked up electricity tariff by...
KSE-100 dips below 60,000 amid election uncertainty
The Pakistan Stock Exchange (PSX) continued its downward trend post a prolonged weekend, witnessing the benchmark KSE-100 Index plummeting by 2,534.12 points (4.11%) on Tuesday, settling below the 60,000 mark at 59,170.97. This decline follows the m...
Expected increase: Electricity tariff set to rise by Rs4.66/unit
The National Electric Power Regulatory Authority (NEPRA) is poised to review CPPA's plea, potentially leading to a Rs4.66 per unit surge in electricity prices. CPPA reported a production of over 702 million units in November at Rs9.44 per unit. The a...
