In today’s trading session, the KSE-100 benchmark exhibits a range of movement, with the high touching 72,862.41 points and the low at 71,764.18 points. A total of 541,144,650 shares valuing Rs 22.589 billion were traded during the day as compared to 798,527,177 shares valuing Rs 27.542 billion the last day. Some 375 companies transacted their […]
There is no evidence that the milk poses a danger or that a live virus is present, the regulator has said. The FDA said late Thursday that additional testing is required to determine whether the intact pathogen is still present and if it remains infectious. The agency said earlier this week that if the milk […]
Sources revealed that an estimated 3.4 million tons of urea fertilizer will be required during the crop season, while there might be a shortfall of 2.1 million tons in production. It is reported that for the crop season, an additional 50,000 tons of urea fertilizer will be obtained from fertilizer factories, while 200,000 tons will […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.25 and Rs 279.8 respectively. The price of the Euro increased by 20 paise and closed at Rs 298.87 against the last-day closing of Rs 298.67, according to the State Bank […]
A statement issued on Thursday stated that Pakistan and the United States had an intersessional meeting in accordance with the Trade and Investment Framework Agreement (TIFA). A wide range of topics were discussed by officials from both countries in an effort to improve their trade and investment ties. The conversation covered a wide range of […]
Only 105 merchants have registered for the current Tajir Dost Scheme, hence the FBR is considering eliminating the Non-Active Taxpayer List (Non-ATL) and charging outrageous fees of 10–15% for sales to unregistered retailers. Rather than going after the nation’s 3.6 million merchants, the FBR is considering many measures to render non-registered enterprises unviable. The only […]
The price of petrol decreased by $1.86 per barrel to $107.16 per barrel, while the price of diesel in the global market recorded a fall of $4.3 per barrel to $104.76 per barrel, Following the global trend, the petrol price is likely to go down by Rs5 per liter in the domestic market. Similarly, the […]
K-Electric (KE) has been given approval to invest Rs392 billion over seven years to upgrade its energy delivery network by the National Electric Power Regulatory Authority (Nepra). KE said that if the investment plan was accepted without any reductions, there would be a rise of Rs1.9 per unit in the transmission rate and Rs1.3 per […]
This year’s huge wheat crop in Pakistan appears to be turning into a nightmare for farmers as the market has fallen and they are compelled to sell the primary food crop for significantly less than the government-mandated support price. Farmers in Punjab are so displeased that they have scheduled a statewide demonstration for April 25 […]
This week’s visit by Iranian President Ebrahim Raisi to Pakistan brought attention to a significant gas pipeline agreement between the two neighbors that has been delayed by geopolitical concerns and international sanctions. In a joint statement issued after the visit, the two countries reaffirmed the significance of working together in the energy sector, particularly commerce […]
