Tessori said that the Karachi traders have discussed the development of the PIA privatization process with him. “The traders in Karachi want the PIA to be handed to them for a year. They are serious about launching a new airline,” the Sindh Governor added. Kamran Tessori proposed naming the new airline ‘PK,’ representing Pakistan and […]
President All Pakistan Traders’ Association, Ajmal Baloch said no talks are being held with the government and they are observing a strike across Pakistan. Markets from Karachi to Khyber are closed on the call of the traders’ body. Earlier on Tuesday, the Central President of the Anjuman-e-Tajiran, Kashif Chaudhry, termed the government’s negotiations a ‘drama’ […]
Traders are to observe a strike on August 28 (tomorrow) against the Tajir Dost scheme launched by the Federal Board of Revenue. Fazlur Rehman in his statement said, he fully supports the strike of traders and alleged government is overtaxing people on the demand of the International Monetary Fund (IMF). Inflation and ‘unjustified’ taxes have […]
The Indian rupee closed at 83.7275 against the U.S. dollar, unchanged from its close on Friday, after hitting an all-time low of 83.74 earlier in the session. Factors such as outflows from local equities, volatility in the Chinese yuan, and tepid risk appetite have contributed to weakness in the rupee in recent sessions. The currency […]
