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Rupee closes firm against dollar
KARACHI: Rupee closed firm in value against dollar, as domestic unit appreciated 0.05 percent in interbank to close at 277.91 against greenback, gain of 0.13 paisa as compared to previous day. In interbank market bid rate for dollar was to Rs...
Pakistan keen to expand trade, security cooperation with Russia: PM
ISLAMABAD: In a significant diplomatic development, Prime Minister Shehbaz Sharif emphasized Pakistan's commitment to enhancing trade, economic, energy, connectivity, and security ties with Russia during a meeting with Alexei Overchuk, Deputy Prime M...
Commerce Minister assures FPCCI of full support to resolve issues
KARCHI: The Federal Minister for Commerce, Mr. Jam Kamal Khan visited the Federation of Pakistan Chamber of Commerce and Industry today. Mr. Saquib Fayyaz Magoon, Acting President FPCCI, Muhammad Zubair Motiwala, Chief Executive Officer, Trade Devel...
Gold sheds value
KARACHI: Per tola price of 24 karat gold decreased by Rs 300 and was sold at Rs 267,700 per tola on Wednesday compared to its sale at Rs 268,000 on last trading day. Price of 10 grams of 24 karat gold also decreased by Rs 257 to Rs 229,510 per ten gr...
KSE-100 gains 970pts on heavyweight scrips
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 Index, led by buying activity in index-heavy shares, crossed 80,000 level. KSE-100 started session with buying spree that continued throughout session, taking index to an intra-day high of 80,5...
KCCI Elections: Ruling BMG turns to court to halt elections
KARACHI: Businessmen Group (BMG), dominated Karachi Chamber of Commerce and Industry (KCCI) for decades, is panicking due to certainty of its defeat in upcoming 2024-26 elections. To avoid humiliation in front of business community, they have r...
CCP cracks down on unfair business practices
ISLAMABAD: Competition Commission of Pakistan (CCP) has intensified its crackdown on monopolies and collusive practices across various business sectors. In significant push to enforce competition laws, commission is actively pursuing recovery of pe...
KSE-100 ends flat on late-session selling
KARACHI: Pakistan Stock Exchange (PSX) saw roller-coaster trading session and KSE-100 Index closed flat after volatile ride. KSE-100 started session positive, hitting an intra-day high of 79,173.94. However, bears dominated market in second half and...
FinMin holds meeting with Pegasus Airlines, Lucky Cement chiefs
ISLAMABAD: Finance Minister Muhammad Aurangzeb met Mehmat T. Nane Chairperson of Pegasus Airlines and Muhammad Ali Tabba CEO of Lucky Cement Limited to discuss aviation sector of Pakistan. As per statement released by Finance Division, during meetin...
KCCI announces support to shutterdown strike against heavy bills and taxes
KARACHI, August 23 (PPI) President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has advised all its members to fully support the countrywide shutterdown on August 28 announced by traders community by keeping their businesse...
