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Tuesday, March 19, 2024

‘Factories toxic gases caused 19 deaths in Keamari in two weeks’

KARACHI: Toxic gases emitted by some illegal factories operating in the Muachh Goth area of Keamari District could be the prime reason behind the...

‘Market-based exchange rate’: KSE-100 index gains over 1,000 points

The benchmark index of the Pakistan Stock Exchange (PSX) rallied and gained by more than 1,000 points after the rupee’s devaluation in the open...

ECC okays Rs3bn hike in discretionary funds

ISLAMABAD: The Economic Coordination Committee Wednesday granted its approval for jacking up the controversial Sustainable Development Goals Programme from Rs87 billion to Rs90 billion. These...

Removing cap: How it affects the exchange rate in open market

KARACHI: The Exchange Companies Association of Pakistan (ECAP) decision to remove a price cap it was using to sell and buy dollars in the...

Markup rates for Naya Pakistan Certificates jacked up

ISLAMABAD: The government has jacked up the markup rate for Naya Pakistan Certificates (NPC) in order to lure investments in foreign currencies from abroad. The...

PSO sounds alarm over limited stocks of POL products

ISLAMABAD/LAHORE: Pakistan State Oil (PSO) has warned the government of limited stocks of POL products amid non-opening of letters of credit (LCs) for cargoes,...

Nuclear energy becomes top electricity source for Pakistan

ISLAMABAD/KARACHI: Nuclear energy became Pakistan’s top power source for the first time, as it met over 27 percent of the country’s energy demand in...

Textile owners threaten strike over import clearance delays

LAHORE: Textiles owners on Thursday warned of a strike over non-clearance of imported cotton containers at Karachi Port amid the country’s struggle to boost...

Relief for Karachiites, K-Electric seeks Rs10.26 tariff cut

Karachiites are likely to get a massive relief as K-Electric has sought a tariff reduction of Rs10.26 per unit on account of fuel charges...

Exchange firms suggest higher dollar rates to help boost remittances

KARACHI: Exchange Companies Association of Pakistan (ECAP) has suggested the government increase the dollar price for remittances to reduce currency market volatility as the...