General Asim pledges transparent exchange rates
Pakistan's rupee is plummeting, dealing a blow to the nation's economy already grappling with inflation. Chief of Army Staff Gen Asim Munir has pledged to address the exchange...
Sugar price shoots to Rs220 per kg
Karachi: Sugar price spiked to record high of Rs 220 per kilogram in retail markets of Balochistan after Karachi where commodity is being sold at Rs 230-240 per kilogram. Suga...
First ever mineral value-addition JV accord between PMCL, BMRL
KARACHI: Platinum Mining Company has signed Joint Venture agreement with government of Balochistan to develop country’s first mineral processing project at Balochistan M...
PM directs authorities to curb smuggling of sugar, petroleum products
ISLAMABAD: Caretaker Prime Minister Anwaarul-Haq Kakar directed Customs authorities and law enforcement agencies to strictly curb smuggling of sugar, petroleum products, urea,...
PSX turns around, gains 310pts
Karachi: 100-index of Pakistan Stock Exchange (PSX) turned around to bullish trend and gained 310.24 points, showing growth of 0.69 percent, closing at 45,312.66 points agains...
President Alvi approves reconstitution of NEC
ISLAMABAD: President Dr. Arif Alvi approved reconstitution of National Economic Council (NEC). Committee will have 13 members with Caretaker Prime Minister as Chairman. NEC co...
WAPDA inks contract for KurramTangi Dam Project Stage-II
Karachi: Pakistan Water and Power Development Authority (WAPDA) signed an agreement worth Rs 776.3 million to joint venture for consultancy services for Stage-II of Kurram Tan...
SBP counters reports of MPC meeting for interest rate hike
KARACHI: The State Bank of Pakistan (SBP) has refuted the reports of holding an emergency meeting of the Monetary Policy Committee (MPC) to hike the policy rate. Earlier...
Analysts expect rate hike of up to 300bps in SBP’s monetary policy announcement
Karachi: Market is expecting rate hike as high as 300 basis points when State Bank of Pakistan’s Monetary Policy Committee (MPC) meets next to decide key policy rate. An...
OSH compliance crucial for exporters: Dr. Gohar Ejaz
KARACHI: Dr. Gohar Ejaz Minister of Commerce, Production and Industry said that it is imperative that Pakistani exporters, especially textile related, must comply with all ILO...
