Category: Business
Pakistan Gasport seeks country’s first spot LNG cargo in over a year
Pakistan Gasport is looking to buy a spot liquefied natural gas (LNG) cargo for November delivery, its chairman Iqbal Ahmed told Reuters on Thursday, which…
WB delegation, IT minister discuss ‘Digital Economy Enhancement Project’
A delegation of the World Bank on Thursday called on caretaker Minister for Information Technology and Telecommunication Dr Umar Saif in Islamabad. Matters of mutual…
Govt decides to close markets at sunset in fresh energy saving plan
To offset the effects of the energy crisis, the caretaker government has mandated energy-saving measures such as closing all malls and marketplaces at sunset. Under…
Inter-bank market: Rupee gains recovery against US dollar
The Pakistani rupee strengthened further against the US dollar to settle at 304.94 in the inter-bank market on Thursday. At close, the rupee was up…
IMF approves govt proposals to provide relief in electricity bills: sources
The International Monetary Fund has approved parts of the government’s proposals to provide relief in electricity bills, sources said on Thursday. The sources said that…
Market Capitalisation Of BSE Firms Reach Lifetime High Of Rs 317 Lakh Crore
The market capitalisation of BSE-listed firms reached a new lifetime peak of Rs 317.33 lakh crore on Wednesday as the benchmark Sensex maintained its winning…
Banks involved in forex business will have owned exchange companies: SBP
The State Bank of Pakistan (SBP) announced on Wednesday its decision to implement comprehensive structural reforms in the Exchange Companies (ECs) sector, aiming to enhance…
SpiceJet Shares Rally 20%, Hit Upper Circuit Limit
SpiceJet stock rallied amid reports that nearly 3 per cent equity changed hands at the BSE. New Delhi: Shares of SpiceJet were in heavy demand…
Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India
Oil prices hit a 10-month high of nearly USD 90 per barrel New Delhi: Oil prices hit a 10-month high of nearly USD 90 per…
Open market: Rupee sees strong recovery against US dollar
The US dollar became cheaper against Pakistani rupee by Rs7 in the open market on Wednesday. It is important to remember that dollar closed at…