Gold rates dip by Rs.3,500 per tola to Rs.248,700 By: APP on April 23, 2024The per tola price of 24 karat gold decreased by Rs.3,500 and was sold at Rs.248,700 on Monday compared to its sale at Rs.252,200 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs.3,021 to Rs.213,220 from Rs.216,221 whereas the prices of 10 gram 22 karat gold went […]
Rupee strengthens against US Dollar By: inp on April 23, 2024The US dollar has decreased in value against the Pakistani rupee in the foreign exchange market. According to currency dealers, on the first day of the business week, the rupee gained further strength in the interbank market, as the value of the US dollar decreased by 11 paisas to Rs278.20 in the interbank market. On […]
PSX collaborates with London Stock Exchange Group on ESG By: APP on April 23, 2024In a landmark development, Pakistan Stock Exchange (PSX) has signed a collaborative understanding with LSEG (London Stock Exchange Group) on Environment, Social and Governance (ESG). Under this mutual understanding, both companies will work to develop a suite of standardized ESG data tools that can be used by PSX listed companies for their ESG data reporting, […]
PSX hits historic high, crosses 71,500 points By: News Desk on April 23, 2024The Pakistan Stock Exchange (PSX) has witnessed a bullish trend on the first day of the business week, soaring to unprecedented heights and setting a new record in the country’s financial history. Investors rejoiced as the PSX crossed the monumental threshold of 71,500 points for the first time, marking a significant milestone in the nation’s […]
Rice exports grew by 83.37%, in 9 months By: APP on April 23, 2024Rice exports from the country during the first three quarters of the current financial year increased by 83.37 percent as compared to the exports of the corresponding period of last year. During the period from July-March 2023-24, over 4.550 million metric tons of rice valuing $2.930 billion exported as against the exports of 2.939 million […]
PPL sees significant boost in oil & gas production By: News Desk on April 23, 2024Pakistan Petroleum Limited (PPL) has registered a significant increase in hydrocarbon production from its wells located across the country. The exploration and production (E&P) company on Monday shared the details of its production enhancement recorded during the period between October 2023 and March 2024 via notice to the Pakistan Stock Exchange (PSX). “The company is […]
First oil discovery made in Mari D&PL By: News Desk on April 23, 2024Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has discovered oil Shawal-l well located in Mari Development and Production Lease (D&PL), Sindh. “This is the first ever oil discovery in Mari D&PL, which has been in gas production since 1967,” MARI, which is an operator of Mari D&PL with 100% […]
IFL scheme continues to serve underprivileged families By: APP on April 23, 2024The Interest-Free Loan (IFL) scheme being executed by the Pakistan Poverty Alleviation Fund (PPAF) is contributing immensely to financially empowering impoverished families across the country by providing loans for small businesses, making them self-reliant. The Interest Free Loan Programme is a flagship initiative of the government designed and implemented by the PPAF and is strategically […]
OEC to export medical experts to Qatar By: APP on April 23, 2024The Overseas Employment Corporation (OEC) an attached department of the Ministry of Overseas Pakistanis and Human Resource Development would send its well-trained workforce of Pediatric and Geriatric nurses to a Qatri medical firm during the current fiscal year. According to the advertisement of OEC, Tabeeb Care Medical Services required nursing staff in the field of […]
CDNS achieves Rs 1,250 billion targets in fresh bond By: APP on April 23, 2024The Central Directorate of National Savings (CDNS) has achieved a target of Rs 1250 billion in fresh bonds in the current fiscal year, from July 1 to April 19. The CDNS surpassed the annual target and achieved the target of Rs 1.6 trillion in fresh bonds in the current fiscal year, the senior official of […]