Zubair Motiwala Business leader Zubair Motiwala says that electricity tariff is not acceptable, households, small businesses, industries cannot operate on this tariff. Zubair Motiwala said that IPPs are taking capacity payment at the rate of 17 cents. He said that the government is involved in inflation, the price of electricity is increasing due to electricity…
Pakistan Stock Exchange (PSX) had a dull trading day today, where the 100 index lost a whopping 1242 points. The PSX benchmark 100 index closed at 45,020 points at the end of trading after the decline. The 100 index fell by 3032 points in the month of August, while the index remained in the band…
After the dollar, gold also flew high, the price of gold per tola in the country increased significantly. According to All Pakistan Gems and Jewelers Association, the price of gold per tola has increased by Rs 3400 today. After this increase, the price of gold per tola in the country has reached 2 lakh 39…
After May this year, once again the Pakistani rupee fell below the Sri Lankan currency, which was on the verge of bankruptcy. One dollar became equal to 320 Sri Lankan rupees and 324 Pakistani rupees. In May, one dollar was equal to 305 Pakistani rupees and 304 Sri Lankan rupees. In three months, the Indian…
Photo: Rawalpindi Police Rawalpindi: 3 officers were injured due to the bite of a stray dog in the police lines, who were given first aid. The dog that attacked the officers was shot dead by the elite officer. Police officials say that the injured officers have been shifted to the hospital for vaccination after medical…
Pakistan Stock Exchange—File photo Pakistan Stock Exchange continues to bear heavy trend. The 100 index of the Pakistan Stock Exchange was suspended after falling 1242 points to 45 thousand 2. Yesterday, the 100 index closed at 46,244 points. Economic analyst Mohammad Sohail says regarding this situation that the fall of rupee and the fear of…
—File photo The Federal Board of Revenue (FBR) has frozen 13 bank accounts of national airline PIA. According to FBR officials, this action has been taken due to non-payment of federal excise duty of Rs.8 billion by PIA. FBR officials say that the bank account linked to Ayata will also be frozen. FBR officials have…
Islamabad: Islamabad High Court imposed a fine of 25 thousand rupees on the IG Islamabad in the request to remove Shireen Mazari’s name from ECL. The High Court ordered that the IG should pay Rs 25,000 to the petitioner Shireen Mazari before the next hearing. On August 2, IG Islamabad was ordered to submit a…
—File photo A relief plan has been prepared for those consuming up to 400 units of electricity. Sources of the Ministry of Finance say in this context that the plan for relief in electricity bills has been prepared on an emergency basis. According to sources in the Ministry of Finance, efforts are being made by…
—File photo The high flight of the US dollar is not stopping, while the Pakistani rupee is falling in comparison. The dollar has become expensive by 1.55 rupees in the interbank, after which the dollar has become 306 rupees in the interbank. According to open market sources, the dollar rose to Rs 325 in the…
