The KSE-100 gained 927.86 points, or 0.84 percent, to settle at 111,351.18 points, as against 110,423.32 points on the last trading day at the stock market. A total of 816 million shares were traded during the day at the PSX, as compared with the turnover of 628 million the previous trading day. The price of […]
The improvement in the current account surplus is attributed to the contributions of the Special Investment Facilitation Council and an increase in foreign exchange reserves. For the first five months of the current financial year, the current account surplus is nearing one billion dollars. Additionally, the economy has seen a rise in remittances, driven by […]
The Indian rupee weakened to an all-time low of 85.8075 against the U.S. dollar, before intervention by the central bank helped it trim steep losses, according to traders. The currency settled at 85.5325, down 0.3% on the day, its worst single-day fall since June 4, when the surprise outcome of India’s general elections hit markets. […]
A religious party has been holding protests and sit-ins on major roads in the city for three consecutive days, causing massive traffic jams across the city. Both tracks of the road from Gurumandir to Numaish Chowrangi are temporarily closed to traffic due to an ongoing protest, causing severe traffic congestion on the surrounding roads, and […]
He made these remarks while addressing a public gathering in Garhi Khuda Bakhsh on the 17th death anniversary of former Prime Minister Benazir Bhutto. PPP Chairman Bilawal Bhutto-Zardari emphasized the need for consensus in decision-making, stating that the PML-N-led government lacks the mandate to make unilateral decisions. Commenting on President-elect Donald Trump’s incoming aide, Richard […]
The Pakistan Atomic Energy Commission (PAEC) submitted its application for the C-5 license in April 2024, the statement said. Once operational, the C-5 unit will be Pakistan’s largest nuclear power plant, with a capacity of 1,200 megawatts, as reported by the PNRA. The PNRA assured that strict adherence to safety standards and principles will be […]
The excise office in Islamabad has made it easier to pay vehicle token tax in this respect by offering both online and in-person services. The department has extended hours for token tax payments, according to Bilal Azam, director of the Excise and Taxation Department Islamabad. A counter at the excise office will remain open on […]
Addressing a press conference in Rawalpindi on Friday, Lieutenant General Ahmed Sharif Chaudhry welcomed the talks and said that it is their right to engage in discussions and only the political parties could answer on the matter. “Talks between political parties are a welcome move,” the DG ISPR replied to a question on the talks […]
Addressing a press conference in Rawalpindi, DG ISPR said that the events of May 9 are not just a case for the armed forces but represent the sentiments of the entire nation. “If armed groups impose their will without lawful intervention, it endangers the fabric of society,” he warned. The Pakistan Army spokesperson said in […]
As per details, the federal cabinet approved two presidential ordinances including the Societies Registration Amendment, focusing on seminary registration. Additionally, the Income Tax Ordinance will help the government to collect taxes from banks on the additional profit of Rs70 billion. It is to be noted that PM Sharif recently held a meeting with President Asif […]