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PSF to start receiving applications from March: Dr Umar
Karachi: Pakistan Startup Fund (PSF) launched to facilitate startup investment will commence accepting funding applications from March onwards. Development was shared by Dr Um...
SBP maintains interest bps-rate at 22pc
Karachi: State Bank of Pakistan’s Monetary Policy Committee announced maintaining status quo, leaving key (bps) policy rate unchanged at 22 percent. MPC’s decision...
Gold prices witness decline in Pakistan
Gold prices in Pakistan saw a decrease, with the tola rate of 24-karat gold dropping by Rs1400 on Thursday. According to the All Sindh Sarafa Jewellers Association, the price...
FPCCI, EFP join hands to capitalise GSP+ Status
Karachi: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Employers’ Federation of Pakistan (EFP) have agreed in principle to converge their policy a...
FFL sees turnaround, earns Rs605m in 2023
Karachi: Fauji Foods Limited (FFL), subsidiary of Fauji Fertilizer Bin Qasim Limited witnessed turnaround in its financial performance, as company’s profit-after-tax (PA...
SAI demands early issuance of 9 cents power tariff notification
KARACHI: President SITE Association of Industry Muhammad Kamran Arbi welcoming decision of government to allow power tariff at 9 cents/KWh to industrial consumers,...
SBP says Pakistan receives $705.6m from IMF
Karachi: Pakistan has received tranche of $ 705.6 million from International Monetary Fund (IMF), said State Bank of Pakistan (SBP). Development comes days after IMF Executive...
Gold price per tola decreases by Rs600
Karachi: Gold price decreased in line with decline in international rate. Yellow metal was priced at Rs 217,300 per tola after shedding Rs 600 per tola during day. 10-gram go...
EU supports Pakistan on GSP+ status for further export growth
Karachi: Dr. Riina Kionka Ambassador of EU in Pakistan has paid detailed visit to FPCCI here along with her senior team members aimed at offering apex body their full support...
President directs insurance company to refund Rs100,000 with profit
ISLAMABAD: President Dr Arif Alvi has directed EFU Life Assurance Ltd to refund Rs 100,000 along with profit to poor lady who had been misled to obtain insurance policy. Accor...
