Business

PIA privatization; Deadline extended for submission of declaration of interest

Amid ongoing discussions on PIA privatization, they've decided to extend the deadline for submitting interest declarations by 15 days. Federal Minister for Privatisation, Abdul Aleem Khan, asserted that the deadline...

Slashed fuel prices to offer relief to the public: Prime Minister Shehbaz shariff

Prime Minister Shehbaz Sharif announced that the inflation rate has dropped from 39 percent to 17 percent over...

India’s forex reserves rise to one-month high

India's foreign exchange reserves increased by $2.6 billion to $586.11 billion, a one-month high, according to figures released...

Govt decides to increase strategic oil reserves

The federal cabinet has decided to boost the strategic oil reserves. Govt increase oil reserves: The decision was made...

Gold rates register decrease in Pakistan

Pakistan's gold prices decreased in line with the tola price, which fell by Rs. 1,200 on the local...

In the interbank market, the Pakistani rupee drops to a new low

KARACHI The Pakistani rupee continued to drops against the US dollar on Thursday, reaching a new low in the interbank market as the country's...

The Toyota maker closes its facility for two weeks

Toyota closes facility for two weeks: Toyota car manufacturer Indus Motor Company (IMC) has chosen to "totally" shut down its production facility in Pakistan...

Rupee crosses 270 against the dollar as the downward trend continues

KARACHI: At midday on Monday, the Pakistani rupee crosses 270 to the US dollar for the first time in the interbank market as the...

Government increases Petrol  prices by Rs 35

Government increases Petrol prices: Ishaq Dar, the finance minister, said that the price of gasoline and diesel would rise by 35 rupees per liter...

Over 4% decline in the Pakistani Rupee results in a new record low

To help secure funding from the International Monetary Fund, officials relaxed their control over the rupee, which caused it to plunge more than Over...

The interbank market sees a sharp decline in the PK rupee

When the unofficial cap was relaxed, the dollar appreciated against the rupee in the interbank and open market. The rupee dropped more than 24 rupees...

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