Gold rates up by Rs 2,200 to Rs 251,900 per tola By: APP on April 18, 2024The per tola price of 24 karat gold witnessed an increase of Rs 2,200 and was sold at Rs 251,900 on Wednesday as compared to its sale at Rs.249,700 on the previous day. The price of 10 grams of 24 karat gold increased by Rs1,887 and was sold at Rs 215,964 against the sale price […]
Rice exports set to reach a record high on good crop output By: inp on April 18, 2024A piece of golden rice, rice waiting to be harvestedPakistan’s rice exports set to reach a record high in recent year on good crop output, Gwadar Pro reported on Wednesday quoting Chela Kewlani, chairman, Rice Exporters Association of Pakistan. In terms of value, rice exports in seven months of the fiscal year have already reached […]
SECP files criminal complaint against dubious frontmen By: inp on April 18, 2024Based on an investigation conducted under the Securities Act, 2015, the Securities and Exchange Commission of Pakistan (SECP) has filed a criminal complaint against two individuals who were found involved in front-running equity trading by a large institutional investor during the period from October 1, 2021, to December 31, 2021. The criminal complaint number 15 […]
Poultry Association calls for strike over poultry pricing dispute By: inp on April 18, 2024The Punjab Poultry Traders Association has called for a strike on Wednesday, leading to a halt in the delivery of poultry products across the region. As a result, meat shops are facing closure due to an insufficient supply of chicken. Broiler supply vehicles affiliated with the poultry trade were seen parked on major roads, as […]
Oil prices lower for third day on demand concerns By: Agencies on April 18, 2024Crude oil prices came down on demand concerns for the third consecutive session on Wednesday amid weaker economic data from China and further delay in the interest rate cuts by the Federal Reserve. Brent, the international benchmark for two-thirds of the world’s oil, slipped $0.78 (-0.87 percent) to reach $89.24 a barrel. Similarly, the West […]
Local POL production increases by 3.82% By: APP on April 18, 2024Overall production of petroleum commodities has witnessed an increase of 3.82 percent during the first eight months of the current financial year 2023-24 as compared to the corresponding period of the fiscal year 2022-23. POL products that showed positive growth include Motor Spirits the production of which increased by 4.03 percent during the months under […]
Less than 50 retailers register with FBR By: inp on April 18, 2024With only two weeks remaining for the Federal Board of Revenue (FBR) deadline, a mere fraction of retailers have voluntarily registered, posing challenges for the government’s tax net expansion. According to FBR sources, fewer than 50 traders have registered since the launch of the campaign two weeks ago. The registration initiative was viewed as a […]
Uzbek Envoy, FPCCI President discuss bilateral trade, investment By: inp on April 18, 2024Ambassador of The Republic of Uzbekistan Oybek Arif Usmanov called on President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Atif Ikram Sheikh here on Wednesday and discussed with him issues of bilateral interests including bilateral trade, mutual cooperation, investment, Pakistan Uzbekistan Business Council and exchange of trade delegations. The Uzbek ambassador was accompanied […]
Saudi Investment By: Daily Times on April 18, 2024Prime Minister Shahbaz Sharif’s Ramadan visit to Makkah as the first foreign destination to cement investment talks from longtime allies appears to be paying off. After Crown Prince Mohammed bin Salman had already reaffirmed the Kingdom’s commitment to expedite investments to the tune of $5 billion, a two-day recently-concluded visit by Saudi Foreign Minister Prince […]
Taming Hepatitis By: Daily Times on April 18, 2024As if Pakistan needed any further reminder of how its public healthcare system continued to fail its citizens, an alarming report from the World Health Organisation points to its emergence as the unfortunate frontrunner in the battle against viral hepatitis C. With one in every 20 Pakistanis already infected and the general prevalence said to […]