Economy
Shipping activity at Port Qasim
Karachi, October 25, 2023 : Six ships namely, Maersk Detroit, MSC Yukta-X, Ardmore Chippewa, Sinar Malahayati, Leader and Kanha, carrying Containers, Palm oil, Chemicals, Mogas and LPG, berthed at Qasim International Container Terminal, Liquid Terminal, Engro Terminal, FOTCO Terminal and Sui Southern Terminal respectively on Tuesday. Meanwhile two more ships, Amalia and Marangas Kalymnos carrying…
Gold rates dip by Rs.400 to Rs.209,200 per tola
Islamabad, October 24,2023 : The per tola price of 24 karat gold decreased by Rs.400 and was sold at Rs.209,200 on Tuesday compared to its sale at Rs.209,600 the previous day of trading. The price of 10 grams of 24 karat gold also decreased by Rs.343 to Rs.179,355 from Rs.179,698 whereas the prices of 10…
IMF condition: ECC okays massive gas tariff hike
Islamabad, October 23, 2023: In order to met another condition of International Monetary Fund (IMF), the Economic Coordination Committee (ECC) in its meeting today (Monday) approved a massive hike in gas tariff, including a zero hike in the gas circular debt for the ongoing financial year 2023-24. The Caretaker Federal Minister for Finance, Revenue, and…
ECC approves import of 200,000 MT of Urea fertilizers
Islamabad, October 23, 2023: The Economic Coordination Committee (ECC) on Monday discussed the proposal in detail and approved immediate import of 200,000 MT of Urea fertilizers. The Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar presided over a meeting of the Economic Coordination Committee (ECC) of the Cabinet. The Ministry of Industries…
PKR to USD exchange rate today
Karachi, October 04, 2023: The value of the Pakistani rupee is demonstrating resilience in the interbank market, resulting in a depreciation of the US dollar, which closed at Rs 284.98. The banks sell the US dollars to the importers at a rate of Rs 285.10, mainly for the purpose of opening the Letters of Credit…