Rupee gains nine paisa against dollar By: APP on December 25, 2024The Pakistani rupee on Tuesday depreciated by nine paisa against the US dollar in the interbank trading and closed at Rs 278.47 against the previous day’s closing of Rs 278.56. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.10 […]
PSX loses 1,509 points to close at 112,418 By: APP on December 25, 2024The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Tuesday, losing 1,509.61 points, a negative change of 1.33 percent, closing at 112,414.81 points as compared to 113,924.42 points on the last trading day. A total of 880,598,305 shares were traded during the day as compared to 857,834,976 shares the previous […]
Privatization of loss making entities to reduce burden on kitty: Aleem Khan By: APP on December 25, 2024Minister for Privatization, Board of Investment and Communications Abdul Aleem Khan has said that the purpose of privatization of government entities is to get rid of the constant burden on the national exchequer. He expressed this while presiding over the meeting of the Privatization Commission Board, said a press release issued on Tuesday. Aleem Khan […]
Kissan Ittehad demands increase in crop rates By: APP on December 25, 2024Chairman Kissan Ittehad, Khalid Khokhar on Wednesday demanded to increase in the rates of crops to save the agriculture sectors as the agriculture production has already been declined due to high cost. “The mill owners are looting farmers with both hands as the Sugar Mills Association announced to buy sugarcane at the rate of 400 […]
Foreign loan inflows decrease to $3.6bn By: Agencies on December 25, 2024Foreign loan disbursements dropped 43% to $3.6 billion in the first five months of the current fiscal year due to slower-than-expected releases, showed the official statistics on Monday. Against loans of $6.4 billion received during the July-November period of last fiscal year, Pakistan got $3.6 billion from bilateral and multilateral creditors during this fiscal year, […]
Govt to transform agriculture sector in its full spirit, says food minister By: inp on December 25, 2024Federal Minister of National Food Security and Research, Rana Tanveer Hussain said Government is committed to transform agriculture sector in its true potential and we started collaboration with partners in this regard. He stated these remarks at FPCCI Capital office to address the seminar “Transforming Pakistan’s Agriculture: Sustainable Growth Amid Challenges and the Role of […]
PSX registers second highest single-day gain By: APP on December 24, 2024The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 4,411.27 more points, a positive change of 4.03 percent, closing at 113,924.42 points as compared to 109,513.15 points on the last trading day. A total of 857,834,976 shares were traded during the day as compared to 754,917,969 shares the previous trading […]
SCCI president highlights CPEC as a game-changer for Pakistan By: APP on December 24, 2024President Sarhad Chamber of Commerce and Industry (SCCI), Fazal Moqeem Khan has termed the China-Pakistan Economic Corridor (CPEC) a game-changer for the economic and social development of Pakistan. Emphasizing its importance, he urged the government to allocate all necessary resources for the successful implementation of the project. Fazal Moqeem Khan expressed these views during his […]
Rupee sheds 15 paisa against dollar By: APP on December 24, 2024The Pakistani rupee on Monday depreciated by 15 paisa against the US dollar in the interbank trading and closed at Rs 278.56 against the previous day’s closing of Rs 278.41. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.10 […]
Gold prices remain unchanged at Rs273,400 per tola By: APP on December 24, 2024The price of 24 karat per tola gold remained unchanged at Rs 273,400 on Monday, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 karat gold and 10 gram 22 karat gold also witnessed no change and were traded at Rs 234,396 and Rs 214,863 respectively. The prices of per tola […]