Pakistan’s imports from India have increased for the fourth time in a row during the first eight months of the current government. In October 2024, imports grew by 46% compared to the same period last year, reaching $35.8 million, up from $24.5 million in October 2023. This growth follows earlier increases of 45% in September […]
As per details, the ordinance imposed by the AJK government requires administrative approval for any protest, which the JAAC believes restricts democratic freedoms. The strike is a response to the recent arrests in Rawalakot and Mirpur, and the JAAC demands the repeal of the Presidential Ordinance and implementation of their Charter of Demands. Moreover, the […]
In a written answer, the finance ministry said the registration of the traders under the scheme is underway and so far 76,259 traders have been enrolled. 29,735 in Lahore, 11,585 in Rawalpindi, 8,138 in Karachi and 6,563 traders from Islamabad have registered themselves under the Tajir Dost scheme. It should be noted here that the […]
According to the statistics, exports increased by 620 million to reach 5.1 billion dollars in August. Due to the export increase, the country’s trade deficit has narrowed to 3.6 billion dollars from 3.751 billion dollars at the beginning of the current fiscal year. Meanwhile, imports of high-duty items such as vehicles, home appliances, and other […]
This was stated by Russian Deputy Minister of Industry and Trade Aleksei Gruzdev who called on Minister for Industries, Production, and National Food Security Rana Tanveer Hussain in Islamabad today. During the meeting, they emphasized on balance of trade between the two countries. Speaking on the occasion, Rana Tanveer stressed the need for modern agricultural […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.70 and Rs 280.40 respectively. The price of the Euro increased by 89 paise to close at Rs 308.38 against the last day’s closing of Rs 307.49, according to the State […]
PM Shehbaz issued these directives while chairing a review meeting on Chinese investment in Islamabad, where he was briefed on the Chinese experts’ delegation visit to Pakistan from July 30 to August 6, 2024. The forum was told that the Chinese delegation met with representatives from various ministries, who offered suggestions to enhance cooperation in […]
A total of 471,749,071 shares were traded during the day as compared to 600,719,724 shares the previous day, whereas the price of shares stood at Rs 16.915 billion against Rs 21.071 billion on the last trading day. As many as 441 companies transacted their shares in the stock market, 115 of them recorded gains and […]
During July, total exports rose by 11.3% YoY to $3.01bn compared to $2.71bn in the same month of last year. While it fell 2.2% as against the exports of $3.08bn in the previous month. Total imports rose 12.2% YoY to $5.6bn as compared to the imports worth $4.99bn recorded in July of last year. Compared […]
China is battling soaring joblessness among young people, a heavily indebted property sector, and intensifying trade issues with the West. Chinese Premier Li Qiang, who is responsible for economic policy, on Friday, called for struggling companies to be “heard” and “their difficulties truly addressed”, according to the state news agency Xinhua. The unemployment rate among […]
