Business
KSE-100 nosedives over 1,700 points as economic turmoil dents investors’ confidence
August 31, 2023
KSE-100 nosedives over 1,700 points as economic turmoil dents investors’ confidence
PSX’s benchark index continues to fall. Investors jittery over decline in rupee value. PKR trades at 306.05 against USD in…
Discos seek permission to levy additional FCA charges for July 2023
August 31, 2023
Discos seek permission to levy additional FCA charges for July 2023
Nepra questions management of coal-based plants. Nepra questions why consumers to shoulder NTDC’s inefficiencies. “Why should consumers cover capacity payments?”…
Plans for Toyota Corolla Cross on track, says Indus Motors CEO
August 31, 2023
Plans for Toyota Corolla Cross on track, says Indus Motors CEO
IMC CEO says automobile sector facing several challenges Laments import of used cars in Pakistan We are devising plans to…
CPEC firms seek timely payments to keep powerhouses afloat
August 24, 2023
CPEC firms seek timely payments to keep powerhouses afloat
Chinese firms overdue payments exceeded $1.2bn. If status quo continues, it will be no more sustainable, say Chinese enterprises. We are…
Rupee races past 300 shattering all records against dollar
August 24, 2023
Rupee races past 300 shattering all records against dollar
Greenback closes at Rs300.22 in the interbank market. Interbank market trying to catch up with kerb market: expert. “Dropping exports,…
IMF range of 1.25% between interbank, kerb rates of dollar breached over last five days
August 17, 2023
IMF range of 1.25% between interbank, kerb rates of dollar breached over last five days
Difference ranges between 2% to 4% for last five working days. Local currency in interbank market continues to slide. IMF…
Want to be a successful business leader? Avoid this mistake
August 17, 2023
Want to be a successful business leader? Avoid this mistake
Hey there, aspiring entrepreneurs! If you’re dreaming of launching your own business, listen up. We’ve got some invaluable advice from…
IMF ‘willing to work’ with prolonged caretaker setup
August 10, 2023
IMF ‘willing to work’ with prolonged caretaker setup
Islamabad took IMF into confidence approval of census by CCI.Selection for caretaker ministers underway in key ministries.Dar wants key member…
Pakistan, Iran chalk out five-year trade plan with $5 billion target
August 3, 2023
Pakistan, Iran chalk out five-year trade plan with $5 billion target
FM Bilawal says plan aimed at removing impediments to bilateral trade. Both sides agree to prioritise operationalisation of five remaining border…
Gold edges lower in Pakistan amid international rout
August 3, 2023
Gold edges lower in Pakistan amid international rout
Gold price in Pakistan settles at Rs220,200 per tola. Price of silver loses Rs50 per tola. Yellow metal falls by…