Karachi, July 11, 2024: NEPRA has approved the government’s request to raise the basic electricity tariff by up to Rs 7.12 per unit. The tariff hike will be implemented nationwide, including in Karachi. However, households and consumers using up to 200 units per month are exempted from the hike for three months. According to the…
Karachi, July 11, 2024: The Atta Chakki Association has announced its support for a strike called by flour mill owners, leading to a shortage of flour supply in Karachi and Hyderabad. Following the strike call, the Atta Chakki Association ceased wheat grinding, resulting in the closure of ‘chakkis’ in Karachi and Hyderabad. As a consequence…
Islamabad, July 11, 2024: On Thursday, the Pakistan Stock Exchange (PSX) 100-index increased by 150.80 points, marking a positive change of 0.19 percent, and closed at 79,992.35 points compared to 79,841.56 points on the previous working day. During the trading session, a total of 389,024,310 shares were traded, down from 495,910,236 shares traded the day…
Islamabad, July 11, 2024: The Pakistan rupee depreciated by 09 paisa against the US dollar in interbank trading on Thursday, closing at Rs 278.60 compared to the previous day’s closing of Rs 278.51. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market were Rs…
Karachi, July 11, 2024: Following the hike in the international market, the local market of Pakistan also witnessed a surge in gold prices. According to rates provided by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola increased by Rs1200, reaching Rs246,800. Similarly, the price of 10 grams of gold…