The Exchange Companies Association has decided to end the dollar rate cap. In the Exchange Companies Association meeting, it has been decided to remove the cap on the price of the dollar in the open market. General Secretary Exchange Companies Association of Pakistan Zafar Paracha told Geonews that the dollar cap was decided in the…
When Miftah Ismail was expelled, he became oppressed: Shawkat Tareen Leader of Pakistan Tehreek-e-Insaf (PTI), former finance minister Shaukat Tareen says that Miftah Ismail and Ishaq Dar lied to the nation, Miftah Ismail has become oppressed when he was expelled. setTimeout(function(){ !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘836181349842357’); fbq(‘track’, ‘PageView’); }, 6000);…
The Federal Government has started work to fulfill the conditions for putting the International Monetary Fund program on track. done. Most of the conditions are expected to be met before the arrival of the IMF review mission, after which the draft mini-budget has entered the final stages, under which additional duties will be imposed on…
Iconic photo Pakistan Stock Exchange (PSX) had a positive day of business today where the 100 index gained 612 points. The PSX benchmark 100 index closed at 39,55 points at the close of business after this increase. During the business day, the 100 index remained in a band of 647 points, with its highest level…
Governor State Bank Jameel Ahmed – Photo: File Governor State Bank of Pakistan (SBP) Jameel Ahmed has said that providing easy loans to the youth is a good initiative of the government. Speaking at the Youth Business and Agri Loans event held in Islamabad, Governor State Bank said that despite the financial difficulties, the government…
Photo: File Pakistan State Oil (PSO) has said that there is uninterrupted supply of furnace oil, petrol and liquefied natural gas (LNG) across the country. Spokesman PSO said that PSO has about 2 lakh tonnes of furnace oil in stock, PSO is receiving 9 cargoes of LNG as per plan and schedule. According to the…
File photo Vice Chairman of Mobile Manufacturing Association Mazhar Pracha says that government support is required for mobile export. The summit was organized in Islamabad with the support of Ministry of Industry and Production and Mobile Manufacturing Association. While addressing the summit, Mazhar Pracha has said that due to the government policy, all mobiles are…
—File photo The Oil and Gas Regulatory Authority (OGRA) has refuted speculations about shortage of petrol and diesel, saying that there is ample stock of petrol and diesel across the country. OGRA spokesperson Imran Ghaznavi says that the country has petrol and diesel reserves to meet the demand of 18 and 37 days respectively. He…
The textile industry was badly affected due to the power breakdown across the country. According to All Pakistan Textile Mills Association (APTAMA), the textile sector lost 7 crore dollars in a day due to the power breakdown. The spokesperson said that if the electricity situation is brought under control soon, the textile sector will lose…
The World Bank says that 6 million people across the country are facing food insecurity as a result of heavy rains and worst floods in Pakistan during the last monsoon. In the Food Security Update Report issued by the World Bank, it has been stated that hundreds of people lost their lives as a result…
