According to data shared by the central bank, Pakistan’s total foreign exchange reserves stood at US$ 14—82 billion as of September 13. Meanwhile, the country’s net foreign reserves held by commercial banks stood at US$5.31 billion. “During the week ended on 13-Sep-2024, SBP reserves increased by US$ 43 million to US$ 9,509.6 million,” the statement […]
This was stated by Russian Deputy Minister of Industry and Trade Aleksei Gruzdev who called on Minister for Industries, Production, and National Food Security Rana Tanveer Hussain in Islamabad today. During the meeting, they emphasized on balance of trade between the two countries. Speaking on the occasion, Rana Tanveer stressed the need for modern agricultural […]
Brent crude futures for November rose 8 cents to $73.73 a barrel by 0015 GMT, while WTI crude futures for October declined 3 cents to $70.88 a barrel. The U.S. central bank cut interest rates by half a percentage point on Wednesday. Interest rate cuts typically boost economic activity and energy demand, but the market […]
“This is a 29 percent increase compared to the previous year, maintaining strong growth following an estimated 87 percent surge in 2023,” the report said. “Yet again, solar power is growing faster than people expected, as it establishes itself as the cheapest source of electricity globally,” said Euan Graham, electricity data analyst at Ember. Ember […]
GSK does not admit to any liability in either settlement, it said in a statement. The drugmaker has settled several lawsuits related to Zantac over the past 12 months, including several in California. California is generally seen as a more challenging legal environment for multinational companies as courts are known to be friendlier to plaintiffs. […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.20 and Rs 280.70 respectively. The price of the Euro increased by 18 paise to close at Rs 309.47 against the last day’s closing of Rs 309.29, according to the State […]
This year’s event will feature over 350 exhibitors from 27 countries, including pavilions from China, the Czech Republic, France, and the UK. With more than 17,000 visitors expected, Intersec Saudi Arabia is set to be the biggest edition to date. 3 companies from Pakistan will showcase their innovative products, attracting global buyers and highlighting the […]
President ADB Masatsugu Asakawa stated this during a meeting with President Asif Ali Zardari in Islamabad. The ADB president reaffirmed the bank’s commitment to support infrastructure development and climate-resilient initiatives in Pakistan. Masatsugu Asakawa also commended the recent signs of economic recovery and stabilization in Pakistan. On his part, President Asif Ali Zardari called for […]
Moreover, it’s seen as a haven asset, offering protection against economic uncertainties. The industrial sector’s growth further fuels silver demand, as it’s essential in electronics, solar panels, and medical equipment. Gold Rates Today in Pakistan Silver prices in Pakistan are influenced by global market trends, the exchange rate, government policies, and domestic supply and demand. […]
The announcement was made by Sindh Excise Minister Sharjeel Inam Memon. Under the new policy, the changes will be implemented in three phases, Memon explained. In the first phase, starting from July 1st, biometric verification will be required for the registration of new vehicles. In the second phase, effective from November 1st, biometric verification will […]
