Agri dept launches wheat campaign By: APP on November 17, 2024The Agriculture Department has launched a massive “wheat grow campaign” to persuade and motivate farmers for cultivation of wheat over maximum space of their land. In this connection, all officers and officials of Directorate of Agricultural Information Faisalabad visited University of Agriculture Faisalabad (UAF) under the leadership of Director Agricultural Information Faisalabad Dr Asif Ali […]
Pak Embassy appreciates community’s participation in Luxembourg Int’l Bazaar By: APP on November 17, 2024Pakistan Embassy in Belgium on Saturday appreciated the active participation of the Pakistani community at the ongoing Luxembourg International Bazaar featuring stalls from across the globe. “Pakistan’s stall featured a variety of beautiful handicrafts, cuisine, vibrant textiles, and cultural artefacts,” a post on X handle said.
Stocks reach new record high with 500-point rally By: APP on November 16, 2024The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 571.75 points, a positive change of 0.61 percent, closing at 94,763.64 points as compared to 94,191.89 points on the last trading day. A total of 893,170,249 shares were traded during the day as compared to 1,084,344,207 shares the previous trading […]
KP govt asked to abolish 2% cess on exports By: APP on November 16, 2024Members of the Sarhad Chamber of Commerce and Industry (SCCI) Executive Committee on Friday demanded of the provincial government to abolish two percent cess on export. The EC members also called for reviewing the property and professional taxes, otherwise, business, trade and economic activities will end in the province, generating unemployment. A maiden meeting of […]
Gold prices up by Rs1,300 to Rs267,700 per tola By: APP on November 16, 2024The price of 24 karat per tola gold increased by Rs.1,300 and was sold at Rs.267,700 on Friday against its sale at Rs. 266,400, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 karat gold also went up by Rs.1,115 to Rs.229,510 from Rs. 228,395 whereas that of 10 gram 22 […]
Weekly inflation up by 0.55pc By: APP on November 16, 2024The weekly inflation, measured by the Sensitive Price Indicator (SPI), went up by 0.55 percent for the combined consumption groups during the week ended on November 14, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at […]
Rupee gains 8 paisa against dollar By: APP on November 16, 2024The Pakistani rupee on Friday appreciated by 08 paisa against the US dollar in the interbank trading and closed at Rs 277.66 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 277.40 […]
Commerce minister pledges support for textiles sector By: APP on November 16, 2024Federal Minister for Commerce Jam Kamal Khan on Friday pledged support for textiles and apparel industry amid mounting challenges. During a meeting with the delegation of All Pakistan Textile Mills Association (APTMA), he reiterated the government’s commitment to facilitate textiles and apparel sector to promote value-addition and product/market diversification and boost exports, said a press […]
Punjab achieves surplus of Rs40bn in Q1: Finance Ministry By: APP on November 16, 2024The Ministry of Finance endorsed the views of Punjab government on achievement of a provincial surplus of Rs40 billion during first quarter of the fiscal year 2024-25. “The Ministry of Finance endorses the views of Government of the Punjab on achievement of a provincial surplus of Rs.40 billion during Q1 for FY 2024-25,” finance ministry […]
SBP injects over Rs3 trillion in the market By: APP on November 16, 2024The State Bank of Pakistan (SBP) injected Rs3,089.9 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operation (OMO) on Friday. According to OMO results issued here, the SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on November 15, 2024 for 7-day and 28-day tenors and accepted total […]