Tough decisions taken to revive Pakistan's economy: PM
ISLAMABAD: Prime Minister Shehbaz Sharif said that incumbent government had to make tough decisions to revive economy and save country from falling into default at cost of the...
NEPRA set to impose another electric rate hike on consumers
Electricity consumers are set to face another tariff hike to the tune of Rs2.63 per unit on account of the Fuel Charges Adjustment (FCA) for electricity that was consumed duri...
Rupee marginally appreciates against dollar
Karachi: Rupee registered slight improvement, appreciating 0.03 percent against dollar in inter-bank market. At close, currency settled at 278.41, a gain of Re0.09, against th...
Ports, shipping stakeholders favour establishment of LSPRA
KARACHI: Stakeholders of Ports and Shipping sector unanimously favoured idea of establishing an autonomous Logistics Service Providers Regulatory Authority (LSPRA) which, amon...
Gold price per tola declines by Rs2,300
Karachi: Gold price registered losses in line with decline in international rate. In local market, gold price per tola stood at Rs 250,500 after decrease of Rs 2,300. Ten gram...
Chinese firms firm on not renegotiating PPAs
ISLAMABAD: Chinese companies have ruled out possibility of renegotiating power purchase contracts. In background briefing to private news agency, representatives of three lar...
Commerce Plex, FBL partner to revolutionise remittances
KARACHI: Commerce Plex, wholly owned and fully licensed subsidiary of Simpaisa Holdings, is collaborating with Faysal Bank Ltd to seamlessly integrate fintech innovation with...
KSE-100 gains 410 points
KARACHi: Pakistan Stock Exchange (PSX) benchmark KSE-100 Index gained 410 points. KSE-100 started with buying spree, hitting an intra-day high of 79,704.37, which...
PM Shehbaz reforms 6 DISCO boards
ISLAMABAD: Prime Minister Shehbaz Sharif reconstituted boards of six power distribution companies over unsatisfactory performance. He reconstituted six boards including...
Tajir Dost scheme expanded to 42 cities across Pakistan
ISLAMABAD: In major development, Federal Board of Revenue (FBR) has extended Tajir Dost scheme to 42 cities. Previously limited to six major cities, scheme now covers Abbotta...
