KARACHI: At the opening of the currency market on Friday, March 5, the buying rate of the US dollar was Rs157.1, while the selling rate was Rs157.9. According to dealers, the local currency reversed some of its gains from the previous session as political instability outweighed the effects of positive economic developments. Furthermore, a rise …
Category Archives: Business
The Gold Rates in Pakistan today
Karachi: A single tola of 24-carat gold in Pakistan will be purchased at Rs106,100 on Thursday, 4 March, at the opening of the bullion market. Likewise, 10 grams of 24k gold were exchanged at Rs90,964, while 10 grams of 22k gold were traded at Rs83,383. As per data released by the All Sindh Saraf Jewellers …
US Dollar value against Pakistani Rupee
KARACHI: The purchase rate of the US dollar was Rs157.15, while the sale rate was 157.35 on Thursday, March 4 at the opening of the currency market. “The appetite for hard currency to be paid by importers has been subdued,” said a foreign exchange broker at a commercial bank on Wednesday. “The surplus of dollars …
Gold rates on 3rd March in Pakistan
KARACHI: On Wednesday, a single tola of 24-karat gold was sold in Pakistan for Rs107,200. At the close of trade, the price of 10 grams of 24k gold was Rs 91,910. Similarly, 10 grams of 22k gold cost Rs. 84,250, while a 22k tola cost Rs. 95,240 at the market’s close. The bullion prices in …
Petrol prices to remain same in Pakistan
KARACHI: The prices of petroleum goods will continue till March, as per Prime Minister Imran Khan’s political coordination advisor, Shahbaz Gill. Gill said in a Twitter post that the Oil and Gas Regulatory Authority had suggested a raise of Rs6-7 per liter, but that PM Imran Khan had declined. اوگرا نے تقریباً 6 سے 7 …
SECP proposes reduction in turnaround time for payment of cash dividends
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is determined to facilitating minority shareholders and has decided to reduce turnaround time for payment of cash dividends to shareholders of listed organizations from 15 days to 03 working days only. SECP has released revisions to the Corporations (Distribution of Dividends) Rules, 2017, for public consultation. …
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Nasir Khan Becomes Acting President FPCCI
Karachi: Mian Nasser Hyatt Maggo, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proceeded abroad on an official visit. During his visit, Mr. Nasir Khan, Vice President FPCCI will be the Acting President of FPCCI.
Paradigm Shift is necessary in tax structure, President FPCCI
KARACHI: Mian Nasser Hyatt Magoo, President of the Federation of Pakistan Chambers of Commerce and Industry at a summit conducted with Chairman FBR alongside high ranking customs and IRS officials, said that it is high time for a paradigm shift in the tax system to facilitate investment, help development and growth in the economy instead …
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Emirates operates first fully vaccinated flight
Dubai: In acknowledgment of its contribution to the health and welfare of its staff and passengers, Emirates has become one of the world’s first airlines to fly a flight of entirely vaccinated frontline teams serving customers at any touchpoint of the trip. This morning, the full airport and on-board passenger encounter of flight EK215, which …
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‘All Boeing 777 are fitted with safest engines’ says PIA spokesman
PIA spokesperson said on Tuesday that all Boeing 777 planes in the PIA fleet are fitted with General Electric engines that are deemed to be the safest engines. Flight operations of the airline are routine as set out in its timetable. The Boeing Corporation has recently suggested the suspension of operations of 69 in service …
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