7 organizations of Iran produced drones for Russia, USA (Photo: File) Tehran: The US added 7 Iranian companies to the trade blacklist for supplying Russia with suicide drones in the war against Ukraine. According to the World News Agency, the United States added 7 Iranian companies to its commercial blacklist, which are accused of producing…
Karachi: The price of gold fell by $22 per ounce to $1,902 per ounce during international trade, leading to a sharp drop in gold prices in local bullion markets. The price of gold per tola in the country decreased by 9 thousand rupees to the level of 2 lakh 1 thousand 500 rupees, while the…
Photo: File After a continuous increase, the price of gold in the country has decreased by Rs 9000 per tola. According to All Pakistan Gems and Jewelers Association, after this big reduction, the price of one tola of gold in the country is 2 lakh 1 thousand 500 rupees. Similarly, the price of 10 grams…
Karachi: The dollar rate in the country is at the highest rate against the rupee, however, following a continuous upward trend, the dollar today fell by Rs 1.75 in the interbank market, while it continued to rise by Rs 1.50 in the open market. The dollar fell into reverse gear on Tuesday after a long-term…
Islamabad: Registrar Supreme Court has raised objections on the application against Tehreek-e-Insaf’s Caretaker Chief Minister Punjab Mohsin Naqvi. Registrar Supreme Court returned the application of Tehreek-e-Insaf with objections. It was objected that Tehreek-e-Insaf had challenged the appointment of Caretaker Chief Minister Mohsin Naqvi, no issue of public importance and fundamental rights was pointed out by…
Indus Motors also stopped production for 10 days last year: Photo: File Karachi: Indus Motors, the maker of Toyota vehicles, has announced to close its plant for two weeks. According to Indus Motors Company’s notification to the stock exchange, Indus Motors and its vendors will stop production from February 1 to February 14. read more:…
File photo It has been announced that electricity will be cheaper by Rs 10 to 80 paisa per unit for K Electric customers. The hearing of December fuel charges adjustment of K Electric in Nepra was presided over by Chairman Nepra Tauseef H. Farooqui. Nepra says that relief has been given to electricity consumers under…
The third reason is the uncertain global economic conditions, major economic powers may face recession, State Bank Director. Photo: File Karachi: Bank Daulat Pakistan recently announced its monetary policy, increasing the policy rate by 100 basis points to 17 percent. In the State Bank Podcast, Fida Hussain, Director, Monetary Policy Department, State Bank, has explained…
File photo International credit rating agency Fitch says that rupee depreciation will help Pakistan get additional funds from the IMF. According to the Fitch Rating Agency, the continued fall in the value of the rupee will also have an impact on the economy of Pakistan. In this regard, Fitch Rating Agency says that the State…
—File photo The US dollar was flying high until this morning, but today, as soon as Pakistan’s talks with the IMF began, the value of the dollar suddenly fell. At the beginning of today’s trading, the value of the US dollar increased, which after a long time has now turned into a decrease. After depreciating…
