CDC Share Registrar Services Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited launched its latest innovation: E-Voting through WhatsApp. This revolutionary feature is set to redefine the electronic voting process, making it more accessible, efficient, and user-friendly for shareholders/members. By seamlessly integrating WhatsApp with the E-voting platform, CDCSR aims to enhance […]
Business
Aurangzeb hopes Single B sovereign rating
“This is my personal view, that indeed, on the salaried class side, there is a disproportionately high burden. “The reality is that we do need to think about the various tax slabs that we have. However, I cannot make any commitment around that,” he said. Speaking at the event titled “Dialogue on the Economy”, organized […]
CDWP approves 16 projects worth Rs259.68 billion
Minister for Planning, Development and Special Initiatives (PD&SI)/Deputy Chairman Planning Commission Professor Ahsan Iqbal chaired a meeting of the Central Development Working Party (CDWP) which approved 16 development projects worth Rs 259.68 billion. “Out of these, the forum approved 9 projects worth Rs 27.40 billion, while it recommended 7 projects worth Rs.232.28 billion to the […]
Government focusing on reforming power sector: Awais Leghari
Federal Minister for Power Sardar Awais Ahmed Khan Leghari on Tuesday said that the government was focusing on reforming Pakistan’s power sector by operationalizing a competitive electricity market, privatizing distribution companies (DISCOs) and addressing key challenges such as circular debt, over-reliance on imported fuels and outdated infrastructure. Speaking at the Pakistan Business Council’s Dialogue on […]
Gold price per tola falls Rs2,700 in Pakistan
Gold prices in Pakistan declined on Tuesday in line with their decrease in international rates. In the local market, the price of gold per tola dropped by Rs2,700, clocking in at Rs286,400. Similarly, 10-gram gold was sold at Rs245,541 after it recorded a decrease of Rs2,315, according to rates shared by the All-Pakistan Gems and […]
Rupee sheds 9 paisa against dollar
Pakistani rupee on Tuesday depreciated by 09 paisa against the US dollar in the interbank trading and closed at Rs278.92 against the previous day’s closing of Rs278.83. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.50 and Rs 281, […]
PSX stays bearish, loses 1,489 more points
The 100-Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Tuesday, losing 1,489.96 more points, a negative change of 1.31 percent, closing at 112,030.36 points as compared to 113,520.32 points on the last trading day. A total of 517,804,378 shares were traded during the day as compared to 494,003,725 shares the previous […]
NEPRA, GIZ sign MoU for strengthening Pakistan’s power sector
The National Electric Power Regulatory Authority (NEPRA) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on Tuesday signed a Memorandum of Understanding (MoU) to advance Pakistan’s energy sector through regulatory improvements and the integration of renewable energy. The MoU was signed by Waseem Anwar Bhinder, Registrar NEPRA and Wolfgang Hesse, Cluster Coordinator, Energy and Climate, GIZ, […]
Pakistan seeks to expand export base, eyes new markets: Jam Kamal
Federal Minister for Commerce, Jam Kamal Khan said on Tuesday that the government was working to expand Pakistan’s export base by exploring new markets and diversifying the country’s export products, a move expected to drive economic growth and reduce trade deficits. Addressing the “Dialogue on the Economy”, organized by the Pakistan Business Council (PBC) here, […]
Finmin, UNDP official discuss collaboration initiatives
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb was called on by Resident Representative of the United Nations Development Programme (UNDP) in Pakistan, Dr. Samuel Rizk here Monday to discuss UNDP’s ongoing initiatives and collaborations with both the public and private sectors. During the meeting, Dr. Rizk provided an overview of UNDP’s diverse initiatives […]