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Category: Economy

Good news on using credit cards abroad
  • Business

Good news on using credit cards abroad

PNP DeskMay 31, 2023September 13, 202403 mins

There is good news for credit card users outside the country. If you make a purchase by credit card abroad, you must pay according to the dollar interbank rate. Payment for online purchases will also be made at the interbank rate, State Bank has allowed till 31 July 2023. Credit card payments used to be…

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The possibility of war?  Chinese and American fighter jets face to face
  • Business

The possibility of war? Chinese and American fighter jets face to face

PNP DeskMay 31, 2023September 13, 202403 mins

flights of Chinese and American aircraft over the Pacific Ocean; Photo: File Washington: The US has alleged that a Chinese fighter jet made an aggressive attempt to intercept one of its aircraft in the air. According to the international news agency, the tension between the US and China, which started during the era of former…

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On a negative day of trading in the PSX, the 100 index fell 341 points
  • Business

On a negative day of trading in the PSX, the 100 index fell 341 points

PNP DeskMay 31, 2023September 13, 202402 mins

The Pakistan Stock Exchange had a negative day of business, with the 100 index down 341 points to close at 41,330. 100 index remained in a band of 587 points during the business day. 15 crore 81 lakh shares were traded in the stock market. The value of the share market business was 6 billion…

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Relief to salaried employees, possibility of abolition of tax on IT in the budget
  • Business

Relief to salaried employees, possibility of abolition of tax on IT in the budget

PNP DeskMay 31, 2023September 13, 202404 mins

The Federal Board of Revenue is reviewing to finalize the proposals for the federal budget for the next fiscal year. Islamabad: The federal government is likely to abolish the 0.25 percent tax imposed on IT services in the upcoming fiscal year 2023-24 federal budget to promote exports of IT and IT-related services. Apart from this,…

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After being cheap for two days, gold became expensive today
  • Business

After being cheap for two days, gold became expensive today

PNP DeskMay 31, 2023September 13, 202402 mins

Iconic photo After being cheap for two consecutive days this week, gold became expensive today. According to All Pakistan Gems and Jewelers Association, the price of gold per tola has increased by Rs 1600 today. After this increase, the price of gold per tola in the country became 2 lakh 34 thousand 400 rupees. Similarly,…

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What will be the announcement regarding the price of petrol at 12 o'clock tonight?
  • Business

What will be the announcement regarding the price of petrol at 12 o’clock tonight?

PNP DeskMay 31, 2023September 13, 202402 mins

File photo It is estimated that the price of petroleum products will change from June 1. The price of petroleum products for the next 15 days will be announced today. According to industry sources, the price of petrol has been estimated to decrease by Rs 5 per litre. Industry sources say that the price of…

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The IMF loan program is likely to end without completion
  • Business

The IMF loan program is likely to end without completion

PNP DeskMay 31, 2023September 13, 202403 mins

—File photo The International Monetary Fund (IMF) loan program is likely to end without completion. This apprehension has been expressed through a statement issued by sources in the Ministry of Finance. According to Finance Ministry sources, there will be no time for the 10th and 11th economic reviews from the International Monetary Fund (IMF). Finance…

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A few paise cheaper in the interbank dollar
  • Business

A few paise cheaper in the interbank dollar

PNP DeskMay 31, 2023September 13, 202402 mins

—File photo The US dollar fell a few paise interbank in early trade today. The dollar became 285 rupees after becoming cheaper by 35 paise in interbank. Yesterday, the dollar closed at 285 rupees 35 paise in the interbank. A positive trend is being seen in the Pakistan Stock Exchange today. Pakistan Stock Exchange 100…

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Making plastic reusable is harmful to human health
  • Business

Making plastic reusable is harmful to human health

PNP DeskMay 31, 2023September 13, 202403 mins

Amsterdam Dam: Many companies often push to recycle plastic in order to save the environment, but this eco-friendly initiative can prove to be harmful to human health. Some types of plastic contain toxic chemicals (such as the man-made bisphenol A) and during the recycling process these dangerous chemicals become part of the material used to…

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A cheese ball rolling hill competition is being held again in the UK
  • Business

A cheese ball rolling hill competition is being held again in the UK

PNP DeskMay 31, 2023September 13, 202403 mins

Many people fall and get injured while chasing the cheese ball. Photo: BBC London: Following the Covid-19 restrictions in the UK, the famous and bizarre competition known as the ‘Cheese Rolling Race’ is back. In this, hard cheese is molded into a wheel or round saucer. It is then rolled down a sloping hill. Hundreds…

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About PNP

Press Network of Pakistan (PNP), registered with the Government of Pakistan since January 2011, is an Islamabad-based global newswire service that takes pride about its unbiased news reporting both in English and Urdu languages.

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