All Pakistan Textile Mills Association (APTAMA) demanded to continue concessional rates of electricity and gas in the budget. In a letter written to Prime Minister Shehbaz Sharif, Aptma said that the competitive rates of electricity and gas are ending on June 30, competitive rates of electricity and gas should be continued in the next financial…
The Oil and Gas Regulatory Authority (OGRA) has said that liquefied natural gas (LNG) became cheaper for June. According to Ogra, LNG for June has been priced at $0.71 per mmbtu. LNG on the Sui Northern system has been discounted by $0.68 per mmbtu, while LNG on the Sui Southern system has been discounted by…
Russia and Oman have signed an agreement to avoid double taxation. This was stated by the Ministry of Finance of Russia. Russian Deputy Minister of Finance Alexey Sazanov said that in 2022, the trade volume between the two countries will increase by 46%. He said that it is important to increase trade profits and strengthen…
bill to: As a result of an explosion in a mosque in Badakhshan province of Afghanistan, 15 people were killed and 50 were injured. At least 15 people were killed in an explosion near a mosque in northern Afghanistan at a memorial service for a Taliban provincial deputy governor, officials said. Abdul Nafi Thakur, appointed…
Karachi: Official foreign exchange reserves fell below the $4 billion level. According to the State Bank, the value of the government’s foreign exchange reserves decreased to less than 4 billion dollars due to continued pressure to repay foreign debts. In the week ended June 2, government reserves fell by $179 million to $3.912 billion. According…
The government has released data on unemployment in the country from 2017-18 to 2020-21. According to the Economic Survey Report 2022-23, the unemployment rate in the country decreased to 6.3% in 2020-21. According to the Economic Survey 2018-19, the unemployment rate was 6.9 percent, compared to 5.8 percent in 2017-18. In the economic survey report,…
Photo: File The price of gold per tola has decreased by Rs 300 in the country today. According to All Pakistan Gems and Jewelers Association, after this decrease, the price of gold per tola in the country is 2 lakh 27 thousand rupees. Similarly, 10 grams of gold is Rs 1 lakh 94 thousand 616…
The Pakistan Stock Exchange (PSX) witnessed a sharp bearish trend where the 100 index lost 456 points. The PSX benchmark 100 index closed at 41,686 points after this decline. 100 index remained in a band of 658 points during the business day. In the share market, deals of 20 crore shares were settled at 5…
File photo The budget for the new financial year will be presented in the National Assembly tomorrow The size of the budget is likely to be 14500 billion rupees. Federal Finance Minister Ishaq Dar will present the budget proposals in the House. According to the sources, the fiscal deficit is likely to be kept at…
—File photo The US dollar has been able to appreciate both interbank and open market today. The dollar has gone up by 22 paise in the inter-bank market and by 3 rupees in the open market. After the dollar became more expensive by 22 paise in the interbank, it became 287 rupees 10 paise. On…
