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Wednesday, November 13, 2024

Rupee continues to lose value against dollar

After a depreciation of 0.57 per cent, rupee closed at 220.66 per dollar in the interbank market on Friday.

Petrol price expected to reach Rs.290 per liter!

A private new channel has reported that according to the letter written by the government to the International Monetary Fund (IMF), additional taxes shall...

SBP’s foreign exchange reserves slide by $87 million

According to figures issued by the State Bank of Pakistan (SBP) on Thursday, the central bank's foreign exchange reserves declined by $87 million during...

Rising oil prices on signs of improving fuel demand

KUALA LUMPUR: Oil prices rose as much as $1 on Friday on signs of improving fuel demand, although further gains were capped as the...

Saudi Arabia to invest $1 billion in Pakistan

Following the announcement of $3 billion investment from Qatar, Saudi Arabia has also consented to bring investment of $1 billion in Pakistan. Telephonic conversation...

The Pakistani Rupee gets back on the old path!

The Pakistani rupee fell slightly against the greenback on Thursday, staying around the 219 level in the interbank market. During intra-day trade, the rupee was...

Approaching SC for skyrocketed electricity bills

There are countrywide protests by the public against skyrocketed electricity bills. On Wednesday, a local lawyer petitioned in the Supreme Court (SC), requesting that...

Rising oil prices on mounting supply tightness; US refinery units face shutdown

Singapore: Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output,...

Eco-destructive tourism in Pakistan

Raja Shaheryar Khan, a Pakistan Army veteran, has raised the issue of eco-destructive tourism in Pakistan in a brief twitter thread.

Acquisition of Cloudways by DigitalOcean for $350 million

Cloudways, a Pakistani cloud hosting service provider, is being acquired by US-based DigitalOcean for $350 million in an all-cash transaction. The agreement has been...

Freelancers winning the marathon!

In fiscal year 2022, Pakistani freelancers received over $400 million in export remittances by providing various services online to international clients in various countries....

Which Proton Saga is better?

Al-Haj Motors has recently launched the three variants of Proton Saga in Pakistan; Standard MT, Standard AT, and Ace AT.