According to the data, during the first trading day of the week, the US dollar depreciated by 65 paise against the rupee in the interbank market. In the interbank market, the US dollar rose from 192.53 paise to 194.18 paise against the rupee. When the PML-N-led coalition government came to power on April 11 last...
The Sugar Mills Association and the Punjab government could not reach an agreement on the price of sugar at Rs 70 per kg. The spokesperson of the Sugar Mills Association clarified that sugar cannot be given at Rs 70 per kg under any circumstances. Giving sugar at Rs 70 per kg will destroy the sugar...
Ramadan Bazaar failed to provide relief? In the scorching heat of Ramadan, bazaars began to be eaten, and long queues of men and women were formed in Gulberg, Mecca Colony Ramadan bazaars. In Islampura Ramadan Bazaar, there was a rush of citizens. Separate queues were formed for flour, sugar and tomatoes, and onions. Wahdat Colony...
The United Arab Emirates rescheduled Pakistan’s $2 billion debt. A spokesman for the finance ministry said in a statement that Pakistan had to repay the loan to the UAE in March. According to the finance ministry, the UAE had given a loan to Pakistan three years ago for three years. The loan was repaid last month after Pakistan applied for a three-year...
Due to lack of fuel and technical faults in power plants, the power shortfall reached 5,000 MW. Unannounced load shedding is going on for 8 hours in different parts of the country including Lahore. According to sources, the decline in power generation while the gap between supply and demand has also increased, the worst...
All banks, development financial institutions, and microfinance banks across the country will be closed on Monday, April 4, the first day of Ramadan. According to a statement issued by the SBP, the first of Ramadan has been declared as a bank holiday for the deduction of Zakat. Employees of all banks, development financial institutions, microfinance...
The price of broiler chicken continues to fluctuate, with an increase of Rs 3 per kg, the price of chicken has been fixed at Rs 403 per kg, farm egg carrot has been fixed at Rs 124 per dozen. The price of broiler chicken meat continues to rise. With the increase of Rs 3 per kg, the official price of...
Gold flight suddenly started declining, on the first day of the business week gold became cheaper by Rs 300 per towel. According to the details, according to Sarafa Association, special 24-carat gold is being sold at Rs. 131,600 per tola and 22carat per tola gold is being sold at Rs. 120,633. Besides, the price of...
Good news for investors in National Savings Schemes, the government has increased the rate of return which will be applicable from April 1. According to sources, the special savings rate increased from 1% to 11%, the regular savings certificate increased from 84% to 11.4%, the welfare and pension certificate increased from 48% to 12.72% and...
The government became helpless in the face of the monopoly of car companies. Honda and Hyundai increased the prices of cars. According to the details, the prices of vehicles are being increased automatically by the companies. Hyundai Tuscon has increased the price of FWD by Rs 2.5 lakh. After the increase by the company, the...
