No shortage of petrol and diesel: Ogra
—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…
7 crore loss to textile sector due to power breakdown across the country
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…
Floods make 6 million Pakistanis food insecure, World Bank
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.…
The price of gold in the country reached an all-time high
The price of gold in the country reached an all-time high. According to All Pakistan Gems and Jewelers Association, today the price of gold per tola increased by Rs 950…
Business trend mixed, index up 35 points
Photo: File Business on Pakistan Stock Exchange (PSX) was mixed today with the 100 index gaining 35 points. The PSX benchmark 100 index closed at 38,443 points after this increase.…
Interest rates hit record highs
The State Bank increased the interest rate from 16 percent to 17 percent, which reached the highest level in 27 years. Governor State Bank Jameel Ahmed announced this while holding…
State Bank announced interest rate hike
The State Bank of Pakistan increased the interest rate from 16 percent to 17 percent. Governor State Bank announced the new monetary policy while holding a press conference in Karachi,…
A further increase in the value of the dollar in interbank
Shortly after the start of interbank market business, an increase in the value of the dollar has been seen, while the bearish trend continues in the stock exchange. According to…
Government’s announcement to waive charges for all containers stuck at the port
File photo Federal Minister for Maritime Affairs Faisal Sabzwari has said that all charges for containers stuck at KPT and Port Qasim have been waived. Faisal Sabzwari said in a…
Instructions to Banks regarding clearance of import document of State Bank
File photo The State Bank of Pakistan has directed the banks regarding the clearance of import documents and said that the banks should clear the documents of the payers by…