Business

Yellow metal prices continue upward trend

KARACHI: Yellow metal prices continued to hit new records as weakened economy coupled with continuous depreciation of rupee added to factor. Considered safe haven for investor...

Motor car imports witness sharp decline: PBS

ISLAMABAD: Imports of motor cars, both Completely Built Up (CBU) as well as Semi-Knocked Down (SKD) or Completely Knocked Down (CKD), witnessed sharp decline of 66 percent and...

ADB appoints Safdar Parvez as country director in China

ISLAMABAD: Asian Development Bank (ADB) appointed Safdar Parvez as its Country Director for People’s Republic of China (PRC). Parvez arrived in Beijing following his app...

Oil steadies as rate hikes loom, Russian flows stay strong

LONDON: Oil steadied as looming interest rate hikes by major central banks and signs of strong Russian exports balanced rising Middle East tension over drone attack in Iran an...

Rupee closes at fresh low of 269.63 versus dollar

Karachi: Rupee continued to sustain heavy losses against dollar in inter-bank market, closing session with another 2.61 percent fall. As per State Bank of Pakistan unit fell R...

UBG leaders dismiss rise in oil prices

Karachi: United Business Group (UBG) rejected recent increase in price of petroleum products, describing it as nightmare for business class and people of country in current si...

Human, natural resources equally essential for socio-eco prosperity: President

ISLAMABAD: President Dr Arif Alvi said that both human as well natural resources were essential for socio-economically prosperity of country. Addressing ‘GB Dream Road S...

CDNS attain Rs760bn through fresh bonds by Jan 25

ISLAMABAD: Central Directorate of National Savings (CDNS) realised target of issuing Rs 760 billion in fresh bonds in current fiscal year 2022-23 from July 1 to January 25, 20...

KSE-100 falls over 500 points in aftermath of Peshawar blast

Karachi: Pakistan Stock Exchange (PSX) faced jolt as KSE-100 index fell over 500 points in aftermath of blast at a Peshawar masjid that left around 32 dead and nearly 148 inju...

FinMin Dar demands probe of economic loopholes in PTI tenure

ISLAMABAD: Finance Minister Ishaq Dar demanded an investigation of economic loopholes in Pakistan Tehreek-i-Insaaf tenure. As per reports, Ishaq Dar said in his speech at inau...

NC Big Stories

Flour prices decrease by Rs600

ISLAMABAD: As the inflation rate dropped in Pakistan, the prices of 15-kilogram flour bag has been reduced by Rs 600 in Islamabad providing relief to consumers. According to m...

Pakistan Stands Firm: No bases for foreign govts, declares FO

Pakistan will not provide its bases to any foreign government, the Foreign Office categorically stated on Thursday, as the animosity between Iran and the United States over th...

Pak Suzuki slashes car prices; new rates released

In a major development, Pak Suzuki Motor Company on Thursday announced a price decrease of up to Rs710,000 on car models with effect from May 1, 2024. Pak Suzuki Motor Company...

Govt sanctions compensation for missing person's family: SHC

KARACHI: The Sindh High Court (SHC) on Thursday heard the case of a citizen, Sameer Afridi, who has been missing for last eight years. Sindh’s home secretary despite bei...
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