Pakistani rupee on Thursday depreciated by 1 paisa against the US dollar in the interbank trading and closed at Rs279.26 against the previous day’s closing of Rs279.25. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.80 and Rs 281.30, […]
Gold prices up by Rs.2,500 per tola to Rs 304,000
The price of 24 karat per tola gold increased by Rs.2,500 and was sold at Rs 304,000 on Thursday against its sale at Rs 301,500 on previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported. The price of 10 grams of 24 karat gold also increased by Rs 2,144 to Rs 260,631 from […]
Pakistan’s total liquid foreign reserves $ 15.86 billion
The total liquid foreign reserves of Pakistan stood at US$ 15,862.6 million as of February 7 while the reserves held by the State Bank of Pakistan recorded as $ 11,166.6 million. The State Bank of Pakistan (SBP), informed in a statement issued here on Thursday, that liquid foreign exchange reserves held by the central bank […]
Motorbikes, three-wheelers sale increases 29.26% during Jul-Jan
The sale of motorbikes and three-wheelers in the country has witnessed an increase of 29.26 per cent during the first seven months of the current fiscal year (2024-25) as compared to sales of the corresponding months of the last year. During the months under review, as many as 835,616 motorbikes and three-wheelers were sold against […]
PSO posts PKR 11.2 billion profit in 1HFY25
Pakistan State Oil (PSO), the nation’s energy leader, delivered a stable performance in first half of fiscal year 2024-25 (1HFY25), posting a net profit of PKR 11.2 billion and gross sales of PKR 1.74 trillion. The company’s Board of Management reviewed the group’s performance for the half-year ended December 31, 2024, in a meeting held […]
PFC makes significant impact at 11th IDF
The Pakistan Furniture Council (PFC) made a significant impact at the 11th International Design and Furniture (IDF) Oman Exhibition, held from February 10 to 12 in Muscat. PFC Chief Executive Officer Mian Kashif Ashfaq told media here Thursday that PFC stall, in collaboration with Omani Medical Mattress World, showcased a diverse range of high-quality furniture, […]
EFU Life strengthens Takaful footprint in KP, Balochistan
EFU Life Assurance Ltd., a leading Life & Health insurer and Family Takaful operator in Pakistan, proudly announces the phased conversion of its individual life branches in Khyber Pakhtunkhwa and Balochistan to Takaful operations. The initiative reinforces the Company’s vision of providing ethical, Shariah-compliant financial solutions, empowering communities, and making Takaful more accessible nationwide. The […]
NATO tests deployment model sans US ahead of Ukraine war anniversary
NATO is testing its ability to rapidly deploy across eastern Europe – without direct U.S. assistance – as Washington shifts its approach toward European defense and the war in Ukraine. The six-week Steadfast Dart 2025 exercises across Bulgaria, Romania and Greece are taking place as Russia´s invasion of Ukraine approaches the three-year mark. They involve […]
Tens of thousands go hungry in Sudan after Trump aid freeze
For the first time in nearly two years of war, soup kitchens in famine-stricken Sudan are being forced to turn people away, with US President Donald Trump’s aid freeze gutting the life-saving schemes. “People will die because of these decisions,” said a Sudanese fundraising volunteer, who has been scrambling to find money to feed tens […]
Pakistan voices concern over violence in Syrian areas
A top Pakistani diplomat told the UN Security Council Wednesday that a “strong and unified national security framework” in Syrian areas was the key to ensuring the strife-torn country’s long-term stability and preventing external interference, as he voiced concern over the continuing violence in some of its parts. “Syria must not become a safe haven […]