But if the orders to open the LCs and release the containers are not issued, the importers will lose billions of rupees (Photo: File). Karachi: The government’s policy of minimal reliance on imports and non-availability of dollars coupled with banks’ non-opening of LCs resulted in piles of containers loaded with imported spices at Karachi’s ports….
Photo: File The price of gold per tola has increased by Rs 500 in the country today. According to All Pakistan Gems and Jewelers Association, after this increase, the price of gold per tola in the country has become 1 lakh 97 thousand rupees. Similarly, 10 grams of gold is 1 lakh 68 thousand 896…
Pakistan Stock Exchange (PSX) had a positive day of business today where the 100 index gained 276 points. The PSX benchmark 100 index closed at 40,949 points at the close of business following this gain. In the stock market, 96.4 million shares worth 4.6 billion rupees were traded today. Similarly, the market capitalization has increased…
Islamabad: Tehreek-e-Insaf has written a letter to the speaker of the National Assembly for the change of the opposition leader. According to Express News, this letter has been submitted by PTI leader Aamir Dogar to the National Assembly Secretariat, in which the opposition leader has been demanded to be replaced. The letter states that the…
Fast bowler Iftikhar Ahmed is credited with six sixes in one over in the exhibition match (Photo: PSL) Punjab caretaker sports minister and Peshawar Zalmi fast bowler Wahab Riaz called Saeem Ayub the future of Pakistan. Provincial Caretaker Sports Minister Wahab Riaz says that Saeem Ayub is currently batting at low numbers for Peshawar Zalmi…
Rawalpindi: Even before the arrival of Ramadan, there was a wave of inflation in the markets. Due to the increase in the prices of food and drink, the citizens suffered severe mental agony. In Rawalpindi, the twin city of the federal capital, dal mash, which was sold at Rs 2500 two months ago, is being…
—File photo The flight of the US dollar continues once again, which has made the Pakistani rupee more vulnerable. The dollar rose further in early trading this morning. The dollar became 262 rupees 50 paise after the dollar became expensive in interbank by 62 paise. Yesterday, the dollar closed at 261 rupees 88 paise in…
Dollar 93 paise in interbank, 25 paise cheaper in open currency market. Photo: File Karachi: Billions of rupees of investors sank on the statement of a federal minister regarding the insolvency of Pakistan. A federal minister’s statement on Pakistan’s insolvency, IMF’s condition for an aggressive increase in interest rates and uncertainty on the political horizon…
The third person in the world who has been cured of HIV through stem cell gene therapy is now also free of cancer. Photo: File France: Every year, 3.5 million people worldwide die from HIV and AIDS, and now the third patient in the world has been completely cured by stem cell therapy. This patient…
Ankara: Strong tremors were felt in the border region of Turkey and Syria. According to the foreign news agency ‘Reuters’, the intensity of the earthquake in the southern regions of Turkey has been recorded at 6.4. According to international media, the earthquake occurred at 8:40 local time in Zallarla. After Zallarle panic spread in the…
