Karachi, May 08, 2020: KSE100 traded in a narrow range between +197 points and -145 points, closing the session -36 points. The session low volumes as well compared with recent past sessions. Selling pressure was evident in Banks, E&P and Cement sectors. International oil prices had little impact on investor sentiment, which is affected more…
Benefit of lowest oil price be passed on to consumers: Siraj Teli, Motiwala Karachi, May 08, 2020: Patron-in-Chief Siraj Kassam Teli, Patron Zubair Motiwala and President Suleman Chawla of SITE Association of Industry, in a press statement, have demanded the Prime Minister of Pakistan to order immediate cut of 30% in the tariff of K-Electric…
Karachi, May 08, 2020: Iqbal Institute of Policy studies conducted an online interactive session to discuss Prime Minister Imran Khan’s Construction Incentive Package in order to increase the employment opportunities in the country amidst COVID-19 pandemic. The Prime Minister’s construction incentive package concentrates on tax rebates and incentives in the construction center, the intention of…
Karachi, May 08, 2020: Pakistan Telecommunication Company Limited (PTCL), embarks upon a massive Ramazan ration drive to provide relief for families affected during the Coronavirus pandemic. The ration drive initiative will be covering 25 cities across Pakistan in the coming days. The ration packs for an entire month comprising of essential food items, were distributed…
The integrated test and commissioning for Orange Line Metro Train passes the witness test by representatives of project owner. Karachi, May 08, 2020: With the joint efforts of China and Pakistan, the integrated test and commissioning for Orange Line Metro Train project, constructed by CR-NORINCO, passed the witness test by project owner’s representatives (NESPAK &CEC)…