Islamabad, State Bank of Pakistan, through its subsidiary SBP Banking Services Corporation (SBP BSC), has relaunched the SMS service for issuance of fresh currency notes to the general public. The fresh currency notes will be available from designated commercial bank branches called “e- branches” and the sixteen field offices of SBP BSC. The booking of…
Karachi, May 17, 2019: KSE100 closed on a negative note for a seventh consecutive week taking 7 weeks loss to 15 percent. During the outgoing week, the index lost 1,550pts or 4.5% WoW, highest percentage loss after 30 weeks, closing at level of 33,167. The continuous fall in index level is due to, devaluation of…
Karachi, May 17, 2019: A delegation of leading Businessmen and Brokers comprising of Bashir Jan Mohammad, Arif Habib, Aqeel Karim Dhedhi, Ali Jamil and Chairman PSX Sulaiman Mehdi met the Finance Minister Dr. Abdul Hafeez Sheikh along with Chairman FBR Syed Shabbar Zaidi and Advisor to Ministry of Finance Dr. Khaqan Najeeb in Karachi to…
Karachi, May 17, 2019: Chairmen, Value Added Textile Export Associations declared the current over 3.6 percent devaluation of rupees against dollar in 24 hours is extremely disastrous for the nation stating that such exorbitant devaluation will increase cost of doing business and also open floodgates of inflation for the masses. Pakistan rupee has been devalued…
Islamabad, May 17, 2019: The PIA captain unloads a Fasting-air host of the flight from Islamabad to Birmingham, and demands that the air host will have to break his fast to go with the flight. According to PIA sources, The Flight PK-791 from Islamabad to Birmingham, the argument held between the captain and aerial host….