The collection was made on petrol and high-speed diesel, with the government currently charging Rs60 per litre on petrol and diesel, the sources added. The breakdown of the collection showed that Rs246 billion was collected during the first quarter (January-March), followed by Rs299 billion in the second quarter (April-June) and Rs261 billion in the third […]
The discovered reserves are capable of producing up to 2.14 million cubic feet of gas per day. The discovery will significantly enhance the country’s energy self-sufficiency. It will also open up new ways for further exploration in the mining sector. On December 13, Oil and Gas Development Company Limited (OGDCL) announced the discovery of an […]
The firm, whose flagship product is the Grok chatbot, garnered support from US venture capitalists, chipmakers NVIDIA and AMD, and investment funds from Saudi Arabia and Qatar among others. Musk has repeatedly warned that AI poses a risk to human civilization, but he is pushing hard for a bigger slice of investment in the sector […]
According to an SSGC spokesperson, the company continues to prioritize domestic consumers as part of its load management plan. “No gas load shedding is carried out during the night for domestic sectors, with pressure profiling being conducted to ensure better gas supply during these hours.” The SSGC spokesperson acknowledged a shortage of gas due to […]
The Omani Rial denoted as OMR, serves as the official currency of Oman and is subdivided into 1,000 smaller units called baisa. Conversion of 500 and 1000 OMR to PKR On December 24, the prevailing exchange rate suggests that 500 Rial is equivalent to Rs.359,750 whereas 1,000 OMR amounts to Rs.719,500 in Pakistani currency. It […]
As reported by Forex.pk, the price for 10 grams of 24-karat gold in Saudi Arabia is SAR 3,154. Furthermore, the price for an ounce of gold is noted at SAR 9,810. It is crucial to recognize that gold prices are influenced by global fluctuations, including those occurring within Saudi Arabia, and the figures provided were […]
As per details, the KSE-100 Index rose by 4,378 points to reach 113,891 around 2:20 pm. The benchmark index closed at 109,513.14 on Friday. A total of 754,917,969 shares were traded during the day as compared to 1,167,361,955 3 shares the previous trading day, whereas the price of shares stood at Rs 39.424 billion against […]
As reported by Forex.pk, the price for 10 grams of 24-karat gold in Saudi Arabia is SAR 3,124. Furthermore, the price for an ounce of gold is noted at SAR 9,718. It is crucial to recognize that gold prices are influenced by global fluctuations, including those occurring within Saudi Arabia, and the figures provided were […]
“SBP will remain closed on December 25, 2024 (Wednesday) being a public holiday on the occasions of Quaid-e-Azam Day and Christmas, as declared by the Government of Pakistan,” the circular reads. It said all commercial banks in the country will also remain closed on Wednesday. Meanwhile, the Pakistan Stock Exchange (PSX) will also remain closed […]
The SBP has released its Quarterly Payment Systems Review for Q1 FY 25, highlighting significant strides in Pakistan’s journey toward a cashless and digitally inclusive economy. The report, covering the period from July to September 2024, mentions robust growth in digital payment adoption, infrastructure development, and a gradual shift away from cash and paper-based instruments. […]
