KARACHI: The price of gold on Friday slumped to Rs53,500 per tola by losing Rs 3000 in the local market, traders said.
Karachi: Over the directions of the State Bank of Pakistan (SBP), all the banks will remain open today (Sunday) across the country to resolve loan issues pertaining to election candidates.
Karachi: Unilever Plc., through its wholly owned subsidiary, Unilever Overseas Holdings Limited on Tuesday committed to invest circa €400 Million (US$514m Million, Rs.50 Billion) in acquiring the 24.92% of issued shares in its Pakistan subsidiary, Unilever Pakistan Limited, that it does not already own.
Karachi: With an eye towards diversification of its business line, the country’s leading public sector company, Pakistan State Oil (PSO) has signed a Memorandum of Understanding (MoU) with Engro Powergen Limited (EPL) to review of the technical and economical feasibility of the Thar coal project. The MoU was signed between Mr. Naeem Yahya Mir, CEO…
KARACHI: The State of Pakistan said the country’s foreign exchange reserves fell to $12.370 billion in the week ending March 22 from $12.436 billion in the previous week.
Karachi: With a launch event MAN Diesel & Turbo Pakistan announced the expansion of its premises in Lahore. At the same time the company joins hands with its sister company MAN Truck & Bus for the launch of the commercial vehicles division in Pakistan and its latest product, the TGS WW. The MAN location in…
Karachi: Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 1.15 per cent, or 201.37 points, higher at 17,693.37 points on Tuesday, boosted by higher volumes and a recovery in the banking sector.
Karachi: Bank Alfalah announced that it will be joining hands with the AllWorld Network as the lead program sponsor for the Pakistan Fast Growth 100 (Pakistan100) Program. The AllWorld Network Inc., co-founded by Professor Michael Porter of Harvard Business School, launched the Pakistan 100 in 2012. This is a pioneering effort to showcase and rank…
Karachi: A decline of 10 per cent has been seen in Pakistan’s trade deficit during the first eight months of the fiscal year 2012-3.
Islamabad: Price of Compressed Natural Gas (CNG) is likely to be increased by around Rs13 after the Islamabad High Court (IHC) restored on Tuesday imposition of surcharge.