Collectively, the four IPPs have a generation capacity of 3,700 megawatts. The applicants include the RLNG-based Haveli Bahadur Shah Power Plant and Balloki Power Plant, each with a capacity of 1,230 MW, the Guddu Thermal Power Plant with 747 MW, and the Nandipur Power Project with 525 MW. The request primarily seeks a review of […]
According to the All Pakistan Sarafa Gems and Jewelers Association, the prices of 10 grams of 24 karat also increased by Rs.1,715 to Rs 300,068 from Rs 298,353 . In contrast, the prices of 10 grams of 22 karat gold also went up by Rs.1,572 to Rs.275,072 from Rs.273,500, respectively. The prices of per tola […]
Crypto exchange Coinbase reported stronger-than-expected fourth-quarter profits, boosted by increased trading activity in Bitcoin and other cryptocurrencies after the U.S. election. Following Donald Trump’s win in the November presidential election, excitement around cryptocurrencies surged, driving Bitcoin’s value past $100,000 in the quarter. Investors were optimistic about more favourable crypto regulations under the new administration. It’s […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs280.75 and Rs282.25, respectively. The price of the Euro increased by 30 paisa to close at Rs319.31 against the last day’s closing of Rs319.01, according to the State Bank of Pakistan (SBP). […]
On Monday, April 17, 2025, the UK pound was purchased for Rs 372.35 and sold for Rs 376.35 on the open market. Businesses, tourists, and people transferring money between the UK and Pakistan are often impacted by the fluctuation in currency rates. Changes in supply and demand for both currencies, as well as economic variables […]
The textile exports from the country were recorded at $ 13,613.702 million during the July-March (2024-25) against the exports of $ 12,445.935 million during July-March (2023-24). The textile commodities that contributed in trade growth included cotton cloth the export of which increased by 0.11 percent to $ 1,424.503 million from $ 1,422.886 million while the […]
Chairman of the Association of Builders and Developers of Pakistan (ABAD), Hasan Bakshi, expressed gratitude to the government for removing the FED, calling it a positive step for the country’s construction industry. He urged further relief, calling for reductions in taxes under Sections 236C and 236K of the Income Tax Ordinance, 2001, and proposed easing […]
The understanding to this effect reached at a meeting between Deputy Prime Minister Ishaq Dar and Hungary’s Foreign Minister Péter Szijjártó in Islamabad today. Later addressing a joint news conference, Deputy Prime Minister Ishaq Dar said both the sides have a common interest in cooperating in areas such as agriculture, energy, healthcare, Information Technology and […]
He was talking to Lord Wajid Khan, U.K. Parliamentary Under-Secretary of State for Faith, Communities and Resettlement, who paid a courtesy call on him here at the PM House. During the meeting, the prime minister welcomed Lord Wajid Khan to Pakistan and thanked him for his participation in the Overseas Pakistanis Convention. The prime minister […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 3,803, with an ounce of gold costing 11,830 Saudi Riyal. Gold rates are influenced by global market trends, including those in Saudi Arabia, with the latest update noted at 10:00 am on April 17, 2025. For centuries, gold has […]
