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New low: Rupee hits 302 against dollar in interbank
Karachi: Rupee reached new record low against dollar, as it settled at 302 in inter-bank market. At close, domestic unit was down Re 1 or 0.33 percent as per State Bank of Pakistan. Currency fell 1.7 percent against greenback, but gap with rates in o...
President Alvi for strengthening financial inclusion, gender equality
KARACHI: President Dr Arif Alvi asked banking institutions to Sindh Governor House Governor House to review progress on initiatives aimed at financial inclusion of women and differently-abled persons, progress on measures taken to ensure employm...
President directs insurance company to pay Rs2m with profit to policyholder
ISLAMABAD: President Dr Arif Alvi has directed private insurance company to refund Rs 2 million along with profit for six years to policyholder who was wrongly issued multiple insurance policies with huge annual premiums instead of just one policy. P...
PTCL, ChildLife Foundation join hands to save children via telemedicine facility
Karachi: Pakistan Telecommunication Company Limited (PTCL) and ChildLife Foundation have partnered to provide telecom services for remote telemedicine facility in more than 200 telemedicine satellite and emergency centers across Pakistan. Zarrar Hash...
Gold prices increase by Rs2,900 per tola
Karachi: Gold prices in country increased by Rs 2,900 per tola. According to rates shared by All Pakistan Gems and Jewellers Sarafa Association (APGJSA), price of 24-carat gold settled at Rs 235,500 per tola in local market. Price of 10 gram gold als...
'Mobile app launched to address citizens' complaints on medicines' availability'
ISLAMABAD: Caretaker Minister for Health Dr. Nadeem Jan launched mobile application featuring information on availability of drugs and receiving complaints from citizens in case of shortage of any medicine. Addressing launching ceremony, Minister sai...
Weekly inflation flies to 25.3pc
KARACHI: The short-term inflation, measured by Sensitive Price Indicator (SPI), continues to rise with a year-on-year increase of 25.34 per cent for the week ending on Aug 24, Pakistan Bureau of Statistics (PBS) official data showed. On a week-on-wee...
Gohar assures enhanced economic cooperation with Uzbekistan
ISLAMABAD: Caretaker Minister for Commerce and Industries Dr. Gohar Ejaz assured possible facilitation in enhancing bilateral trade and economic cooperation with Uzbekistan. Talking to Ambassador of Uzbekistan Aybek Arif Usmanov who met him here both...
Pak, Turkmenistan decide to speed up work on TAPI project
ISLAMABAD: Pakistan and Turkmenistan have agreed to accelerate work on Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline project. The understanding to this effect was reached during a meeting between Caretaker Minister for...
Rupee hits record low of 300 against US dollar
KARACHI: The US dollar ascended to a record high against the Pakistani rupee on Thursday as it traded at the historic low of Rs300.37 during morning trade in the interbank market. According to the Forex Association of Pakistan, the greenback was chan...
