Karachi, July 31, 2024: The Federal Cabinet has approved the privatization of 13 entities under Pakistan’s Power Division, including nine power distribution companies. Sources close to the development revealed that, nine out of the eleven government-owned power distribution companies have been included in the privatization list, with the Quetta Electric Supply Company and Tribal Electric…
Karachi, July 31, 2024: Pakistan has officially banned two organizations, the Hafiz Gul Bahadur Group and the Majeed Brigade Group, due to their involvement in terrorism. According to details, the two groups have been added to the list of proscribed organisations. After being monitored for two years, the authorities found solid evidence of their terrorist…
Karachi, July 31, 2024: The price of 24 karat gold per tola increased by Rs 1,200, reaching Rs.253,500 on Wednesday, up from Rs.252,300 on the previous trading day. Similarly, the price of 10 grams of 24 karat gold increased by Rs 1,029, climbing to Rs 217,335 from Rs 216,306. The price of 10 grams of…
Karachi, July 31, 2024: Pakistani rupee on Wednesday depreciated by Rs 0.9 paisa against the US dollar in the interbank trading and closed at Rs 278.74 against the previous day’s closing of Rs 278.65. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market…
Karachi, July 31, 2024: The KSE-100 of the Pakistan Stock Exchange (PSX) on Wednesday witnessed a downward trend, losing 741.82 points, a negative change of 0.94 percent, closing at 77,886.99 points against 78,628.81 points on the last working day. A total of 382,597,400 shares were traded during the day as compared to 313,085,457 shares the…