According to market sources, the price of a 10-kilogram flour bag has dropped by Rs 270 from Rs 1470 to Rs 1200. Similarly, the price of a 15-kilogram flour bag has decreased by Rs 600 to Rs 1650, while a 20-kilogram flour bag now costs Rs 2250, down from Rs 2880, sources added. Sources said […]
This is the lowest reading in the last 23 months (after May 2022),” said Mohammed Sohail, CEO of Topline Securities, in a note. In its monthly report, the ministry said the inflation outlook for April 2024 maintains a downward trajectory, attributed to the favorable base effect from the previous year and improvements in the domestic […]
Sources told ARY News that these two firms have not even submitted their applications for tenders yet as the last date for tenders related to the privatization of the PIA is May 3. According to sources within the Privatisation Commission, the date for the submission of applications for the PIA stake tenders is likely to […]
In today’s trading session, the 100 index of PSX shows a range of movement, with the high recorded at 71,292.83 points and the low registered at 70,562.12 points. Meanwhile, a total of 225,619,410 shares valuing Rs 11.79 billion were traded during the day as compared to 560,552,783 shares valuing Rs 25.730 billion the last day. […]
TECNO, Pakistan’s No 1 selling smartphone brand, just launched its much-awaited series of the year CAMON 30 in a grand fashion show called “Vogue Night” on 30th April in Karachi. The Camon 30 Series, comprising the TECNO CAMON 30, CAMON 30 Pro, and CAMON 30 Premier, represents a leap forward in smartphone technology. With their […]
The data released by the Bureau of Statistics revealed a staggering 248 percent increase in mobile phone imports during the first nine months compared to the corresponding timeframe of the previous fiscal year. Notably, imports soared from Rs 106 billion to over Rs 369 billion from July to March. As per the Bureau of Statistics, […]
According to the Institute of Space Technology (IST), the satellite ICUBE-Q has been designed and developed by IST in collaboration with China’s Shanghai University SJTU and Pakistan’s national space agency SUPARCO. ICUBE-Q orbiter carries two optical cameras to image the lunar surface. Following successful qualification and testing, ICUBE-Q has now been integrated with the Chang’e6 […]
In response to recent economic considerations, the price of petrol in Pakistan has witnessed a significant reduction of Rs5.45 per liter. This adjustment, proposed per recommendations from the Oil and Gas Regulatory Authority (Ogra), brings the price down from Rs293.94 to Rs288.49 for the upcoming two-week period. The decision to lower petrol prices aims to […]
Pakistan Hotels Developers Limited (PHDL), listed on the Pakistan Stock Exchange (PSX) as PHDL, witnessed an impressive surge in its profitability during the first quarter of 2024. The company’s profit after tax skyrocketed to Rs85.38 million, a remarkable increase from Rs15.38 million in the same period last year. This surge translates to an earnings per […]
The State Bank of Pakistan (SBP) stated on Tuesday that it has received $1.1 billion from the International Monetary Fund (IMF), a day after the global lender approved Pakistan’s final tranche under the $3 billion Stand-By Arrangement (SBA). This news significantly increased Pakistan’s foreign exchange reserves. The sum will be included in the SBP’s foreign […]
