Faysal Bank and Habib University to Launch ‘Fintech Innovation Hackathon’ By: pr on October 6, 2024Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, has joined forces with Habib University, to introduce an exciting ‘Fintech Innovation Hackathon”. This Hackathon is aimed at addressing the evolving challenges within the digital payments landscape. With this initiative, FBL aims to tap into the perspectives of the Gen-Z audience, encouraging young […]
Economic indicators showing positive growth: commerce minister By: APP on October 6, 2024Federal Minister for Commerce Jam Kamal Khan on Saturday said that in the country’s economy, all economic indicators were showing positive growth for sustainable economic growth. The country’s exports show improvements as compared to last year, the interest rate is falling and inflation drastically gone low, he said in a statement issued by the Ministry […]
Despite 15mn tons fruit, vegetable production, post-harvest losses reach 40% By: inp on October 6, 2024Pakistan’s annual production of 40 types of fruits and vegetables has surpassed 15 million tons. However, farmers are facing substantial financial losses due to 20% to 40% of this produce being wasted during transportation from farms to markets. Experts are urging farmers to adopt modern technologies to minimize post-harvest losses and enhance profit margins from […]
SNGPL disconnects 112 meters, removes 148 extensions during Sept By: inp on October 6, 2024In the light of the instructions of the General Manager Sui Northern Gas UFG Control Task, the teams disconnected 112 meters over various violations during the last month of September. According to the details, 18 meters were disconnected for commercial use and fined. Seven meters were disconnected over installing meters from the service area, 19 […]
In a first, PSX KSE-100 index surpasses 83,000 points becnhmark By: News Desk on October 5, 2024The Pakistan Stock Exchange (PSX) has set a new record crossing the 83,000-point mark for the first time in history. The market surged by 282 points in Friday’s trading session reaching 83,003 points. The achievement reflects growing investor confidence and marks a significant performance in the stock market. The PSX’s steady climb in recent months […]
Pakistan’s leather exporter announces downsizing operations By: News Desk on October 5, 2024Pak Leather Crafts Limited (PLCL), manufacturer and exporter of leather goods, has announced to downsize its present operations and diversify to other businesses. The listed company, engaged in leather tanning, and manufacturing of leather garments, shared the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “The board made some strategic decisions […]
The 1st Pakistan International Date Palm Festival kick starts By: APP on October 5, 2024The 1st Pakistan International Date Palm Festival and Exhibition aimed at bolstering country’s production and export of dates and its value-added products kick starts here at Expo Center Karachi on Friday. The festival and exhibition are being organized by Ministry of National Food Security and Research and Trade Development Authority of Pakistan in collaboration with […]
Export of sport goods increases 4.27% to US$ 61.982 mln By: APP on October 5, 2024The export of sport goods from the country witnessed an increase of 4.27 percent during the first two months of the current fiscal year (2024-25) as compared to the export of corresponding months of last year. The country exported sport goods worth US$ 61.982 million during July-August (2024-25) as opposed to the export of US$ […]
Rupee gains 23 paisa against dollar By: APP on October 5, 2024Pakistani rupee on Friday appreciated by 23 paisa against the US dollar in the interbank trading and closed at Rs277.51 against the previous day’s closing of Rs277.74. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs278.50 and Rs280 respectively. The […]
Gold prices up by Rs.1,800 to Rs 276,200 per tola By: APP on October 5, 2024The per tola price of 24 karat gold increased by Rs.1,800 and was sold at Rs.276,200 on Friday compared to its sale at Rs. 274,400 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs 1,543 to Rs. 236,797 from Rs. 235,254 whereas the price of 10 gram […]