Dagha visits SITE Ltd, vows for implementation of computerized database system
Karachi: Caretaker Minister of Industry and Commerce Younus Dagha visited Site Limited. MD Site Limited Ghazanfar Ali Qadri gave a detailed briefing to Younus Dagha regarding industrial affairs. Secretary Industries Rashid Solangi and Secretary Site...
Elon Musk’s $1bln offer: Will ‘Wikipedia’ rebrand itself as ‘Dickipedia’
Billionaire entrepreneur Elon Musk has once again made headlines, this time by offering a staggering $1 billion to Wikipedia in exchange for a name change. Musk, known for his candid and sometimes controversial posts on Twitter, proposed that Wikiped...
Gas tariff hike to bode well for Pakistan in upcoming IMF review: Brokerage house
Karachi: Economic Coordination Committee's decision to increase gas prices will help Pakistan reach an agreement with International Monetary Fund (IMF) in upcoming review scheduled in November, said Topline Securities, brokerage house, in report. "We...
PSX loses 43 points on dull investors' interest
ISLAMABAD: 100-index of Pakistan Stock Exchange (PSX) shed 42.89 points, nominal negative change of 0.08 percent, closing at 51,027.94 points against 51,070.83 points previous day. Total of 321,403,857 shares valuing Rs 11.091 billion were traded dur...
PM directs to ensure timely, uninterrupted fertilizer supply for Rabi crop
ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar directed authorities concerned to ensure timely and uninterrupted supply of fertilizer to farmers for Rabi crop. Chairing review meeting on provision of urea for Rabi crop, he instructed for time...
Rupee ends weaker against dollar in interbank
Karachi: Rupee ended weaker against dollar in open market for second session, while domestic unit also dipped in inter-bank market. During day, currency dealers said rupee was quoted at 281 for selling and 278 for buying purposes for customers in ope...
Chinese investment to give impetus to Pakistan’s economic growth: PM Kakar
ISLAMABAD: Prime Minister Anwaarul Haq Kakar expressed confidence that Chinese private entities will make investments in second phase of China Pakistan Economic Corridor project, with focus on relocating industries and fostering cooperation in agricu...
Pakistan’s cost of power generation declines over 25pc in Sept
Karachi: Amid rising electricity bills, cost of power generation registered significant decline of over 25 percent in September 2023. Electricity generation cost in September stood at an average of Rs 7.42 per KWh compared with an average cost of Rs...
PTCL Group appoints Essa Al Taheri as President, CEO of U Microfinance Bank
KARACHI: PTCL Group announced appointment of Mohamed Essa Al Taheri as new acting President and CEO of U Microfinance Bank. Decision came after former President and CEO Kabeer Naqvi tendered his resignation and it was subsequently accepted by Group....
Gold prices maintain upward trend in Pakistan
KARACHI: Gold prices in Pakistan continue their ascent, with the tola price marking a notable uptick of Rs2,200 in the local market. The value of the precious yellow metal surged by Rs2,200 per tola in Pakistan, reaching Rs208,500. This increase was...
