As per details, the premier has formed a three-member committee to investigate the matter and identify those responsible for the failure to obtain the private Hajj quota in time. The committee, headed by the Secretary of the Cabinet Division, includes the Chairman of the Federal Board of Revenue (FBR) and the Federal Secretary of Gilgit-Baltistan. […]
As per details, K-electric requested NEPRA to reduce power tariff by Rs6.62 per unit in the monthly fuel adjustment for February. This reduction, if approved, would translate to a total relief of Rs6.66billion. K-Electric has already submitted its request to the National Electric Power Regulatory Authority (NEPRA). However, NEPRA has yet to announce a hearing […]
Due to high demand, applicants can no longer book appointments directly. Instead, they must register on a waiting list, and appointments will be allocated later based on availability. It is now mandatory for Pakistani citizens to register their names on the waiting list. According to a statement issued by the Consulate, this change affects the […]
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The stock market was headed for another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears that a trade war will tip the globe into a recession. Futures tied to the blue-chip Dow Jones Industrial Average lost 1,533 points, or 3.7%. Future levels indicated the Dow would open official trading about […]
U.S. President Donald Trump on Wednesday slapped a 26% reciprocal tariff on India, threatening the Reserve Bank of India’s (RBI) estimate of 6.7% economic growth in 2025-26 and the government’s economic survey forecast of 6.3%-6.8%. After the tariffs, Goldman Sachs lowered its growth estimate to 6.1% from 6.3%. Citi forecast a 40 bps drag on […]
Exports during July-March (2024-25) were recorded at $24.690 billion against $22.926 billion during July-March (2023-24), according to Pakistan Bureau of Statistics (PBS) data. On the other hand, imports into the country went up by 6.33 percent by growing from $40.054 billion last year to $42.589 billion during the first nine months of the current year. […]
The buying and selling rates for OMR were recorded at Rs 722.00 and Rs 730.50, respectively. The exchange rates were last updated at 12:15 PST on April 04, 2025. 1,000 Omani Riyal in Pakistani rupees 1,000 Omani Riyal (OMR) is equivalent to Rs 722,000 in Pakistani currency if citizens sell the same in the open […]
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) initially showed strength, climbing 792.80 points, or 0.67 percent, to settle at 119,730.91 points in the first half of the trading session, compared with the previous closing of 118,938.11 points. The surge was fuelled by investor optimism following a major reduction in electricity prices by […]
The selling rate of the Saudi Riyal was recorded at Rs75.18. The official currency of Saudi Arabia is abbreviated as SAR or SR. One Riyal is subdivided into 100 halalas. The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial alliance, underscored by considerable financial assistance from the Kingdom of […]
