The government is expected to announce a further reduction of up to Rs12 per litre in petroleum prices from June 15. Sources suggest that with a decrease of $5.14 per barrel in global oil prices, there is a possibility of a Rs12 per litre reduction in petrol prices in Pakistan. It is worth noting that […]
The benchmark KSE-100 Index opened with a bearish trend. At 09:52 am, the index plunged by over 2,000 points to the lowest level of 71,781.96. The KSE-100 index recovered at 11:17 am and was trading at 72,775.68, down by 1,087.25 points. Experts attributed the decline to concerns over the budget proposals for 2024-2025. Throughout the […]
The FBR confirmed that 150,000 SIM cards of non-filers have been blocked, with FBR providing data for 5,000 non-filers daily to the Pakistan Telecommunication Authority (PTA). The spokesperson stated that the non-filers can have their SIM cards restored after submitting their income tax returns. To date, 18,902 SIM cards have been reactivated after the individuals […]
Pakistan rupee on Thursday witnessed a devaluation of Rs 09 paisa against the US Dollar in the interbank trading and closed at Rs 278.39 against the previous day’s closing at Rs 278.30. According to the Forex Association of Pakistan (FAP) the buying and selling rates of the Dollar in the open market, however, were Rs […]
The police officials stated that the PTI activist was arrested from outside the Sargodha jail. Police officials further said that Aliya Hamza was wanted by Gujranwala police in a case related to violence on May 9. Yesterday, the anti-terrorism court (ATC) approved Pakistan Tehreek-e-Insaf (PTI) activists Sanam Javed and Aliya Hamza bail in the May […]
An agreement for the reconstruction and upgrade of the main runway at Jinnah International Airport has been signed at a ceremony held at the Civil Aviation Headquarters. The reconstruction project, set to commence after Eid, aims to extend the runway length by 1,000 feet, bringing it to a total of 11,500 feet. Karachi Airport’s main […]
HABIB METRO has exciting news for students seeking valuable work experience this summer. The company is now accepting applications for its Summer Internship Program 2024. This program is a great opportunity for students to learn and grow in a professional environment. The Summer Internship Program at HABIBMETRO will last for six weeks. During this time, […]
According to NEPRA, the tariff hike on account of fuel charges adjustment (FCA) shall apply to all the consumer categories except Electric Vehicle Charging Stations (EVCS) and Lifeline consumers. As a result of the latest hike in electricity prices, consumers will face higher electricity bills in June. On Tuesday, the National Electric Power Regulatory Authority […]
According to sources, the prime minister will engage in talks with the Commercial Bank of China and the Industrial and Commercial Bank of China, to secure a $600 million loan. Sources said that previous negotiations with the banks had failed due to stringent conditions set by the Chinese banks. Pakistan is seeking to relax the […]
He mentioned that 500 Chinese companies and 100 companies from Pakistan participated in the forum. Additionally, successful bilateral negotiations were conducted with chinese companies, according to a press release received here today. The minister highlighted that during the Prime Minister’s current visit to China, detailed discussions were held regarding the promotion of business activities between […]