FBR raises property valuation rates in 56 cities By: inp on November 1, 2024The Federal Board of Revenue (FBR) on Wednesday raised property valuation rates for immovable properties in 56 cities. According to details, the FBR jacked up the property valuation rates by 75% of the actual market rates starting November 1, 2024. This decision aims to enhance revenue collection and reduce the undervaluation of properties. The updated […]
First consignment of Pakistani tractors reach Tanzania By: APP on November 1, 2024Under the guidance of Federal Minister for Commerce, Jam Kamal Khan and Secretary Commerce, Mr. Jawad Paul, Pakistan High Commission in Kenya, Nairobi facilitated a Kenyan-Tanzania based Company ‘Masai TrektaCompany Ltd’ to import tractors from Pakistan. The High Commissioner Ibrar Hussain and Commercial Counsellor Adeela Younis in Nairobi facilitated the importing company “Masai Trekta” in […]
PSX turns bearish, loses 577 points By: APP on November 1, 2024The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Wednesday, losing 577.52 points, a negative change of 0.64 percent, closing at 90,286.57 points as compared to 90,864.09 points on last trading day. A total of 614,564,066 shares were traded during the day as compared to 602,810,650 shares the previous trading […]
Rupee sheds 5 paisa against dollar By: APP on November 1, 2024Pakistani rupee on Wednesday depreciated by 05 paisa against the US dollar in the interbank trading and closed at Rs 277.79 against the previous day’s closing of Rs 277.74. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.35 and […]
Gold prices up by Rs.2,900 to Rs.287,900 per tola By: APP on November 1, 2024The price of 24 karat per tola gold increased by Rs.2,900 and was sold at Rs.287,900 on Wednesday compared to its sale at Rs.285,000 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs.2,486 to Rs.246,828 from Rs. 244,342 whereas the price of 10 gram 22 karat gold […]
Diamond Paints Partners with (PCHF) Pakistan Children’s Heart Foundation on October 31, 2024Diamond Paints has joined hands with the Pakistan Children’s Heart Foundation (PCHF) to support children with congenital heart disease (CHD). The two organizations signed a Memorandum of Understanding (MoU) on October 2, 2024, aiming to assist in the construction of Pakistan’s first Children’s Heart Hospital and Research Institute. This facility will provide life-saving surgeries for […]
Another day, another record high for PSX By: APP on October 30, 2024The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 668.57 points, a positive change of 0.74 percent, closing at 90,864.09 points as compared to 90,195.52 points on last trading day. A total of 602,810,650 shares were traded during the day as compared to 567,264,435 shares the previous trading day, […]
Pakistan, Russia to boost trade through enhanced banking channels By: Agencies on October 30, 2024Prime Minister Shehbaz Sharif highlighted the significant potential for cooperation between Russia and Pakistan across various fields during a meeting with Valentina Matviyenko, Speaker of the Federation Council of the Russian Federal Assembly, in Islamabad. He conveyed his best wishes to Russian President Vladimir Putin and extended an invitation for him to visit Pakistan soon. […]
Pakistan’s exports to US increase by 6.18% in Q1 of FY2024 By: APP on October 30, 2024Pakistan’s export of goods and services to the United States (US) witnessed an increase of 6.18 percent during the first quarter of the current fiscal year (2024-25) as compared to the exports of the corresponding quarter of last year, State Bank of Pakistan (SBP) reported. The overall exports to the US were recorded at US […]
Pakistan commits to deepening cooperation with China under CPEC-II By: APP on October 30, 2024Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Tuesday calling the China-Pakistan Economic Corridor (CPEC) a “wonderful gift” of China to Pakistan, said that his country was committed to taking the project to the next level to deepen cooperation in the fields of agriculture, industrialization, renewable energy and others. The deputy prime minister […]