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Kitchen items’ prices ease as weekly inflation falls by 1%

Kitchen items’ prices ease as weekly inflation falls by 1%

BREAKING NEWSUpdated:May 3, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (APP) - The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of one per cent for the combined consumption groups during the week ended on May 2, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in…

ڈالر dollar , stock market

Dollar cheap in interbank, business booming in stock market

BUSINESSUpdated:May 3, 2024ShareTwitter FacebookEmailLink

" At the start of business, the dollar has become cheaper in the inter-bank exchange, the stock market saw a brisk business. According to forex dealers, the dollar has become cheaper by 15 paisa during the interbank business, the dollar is trading at 278 rupees 15 paisa in the interbank. Yesterday, the value of the…

PM forms committee ahead of Saudi business delegates visit in Pakistan

PM forms committee ahead of Saudi business delegates visit in Pakistan

PAKISTANUpdated:May 2, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD: The Prime Minister of Pakistan, Shahbaz Sharif, on Thursday established a steering committee in preparation for the anticipated arrival of a Saudi Arabian business delegation to Pakistan, ARY News reported, citing sources. Sources close to the development revealed that the PM formed a 16-member steering committee, with the Petroleum Minister appointed as its…

PSX witnesses bearish trend, loses 444 points

PSX witnesses bearish trend, loses 444 points

BUSINESSUpdated:May 2, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (APP) - The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, shedding 444.91 points, a negative change of 0.63 percent, closing at 70,657.64 points against 71,102.55 points the previous trading day. A total of 436,993,041 shares valuing Rs 19.024 billion were traded during the day as compared to…

Inflation decelerates further to 17.3 percent in April

Inflation decelerates further to 17.3 percent in April

BUSINESSUpdated:May 2, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (APP) - The Consumer Price Index (CPI)-based inflation came down to 17.3 percent during the month of April 2023 as compared to 20.7 percent recorded during March 2023, the Pakistan Bureau of Statistics (PBS) reported on Thursday. According to the PBS data, the CPI based inflation during the same month of last…

SBP decides to keep policy rate unchanged at 22%

SBP decides to keep policy rate unchanged at 22%

BUSINESSUpdated:April 30, 2024ShareTwitter FacebookEmailLink

" KARACHI (92 News) - The State Bank of Pakistan's (SBP) Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent during a meeting on Monday. The committee noted that the macro-economic stabilization measures are contributing to considerable improvement in both inflation and external position, amidst moderate economic recovery. However, the…

Gold rates decrease by Rs600 per tola to Rs244,400

Gold rates decrease by Rs600 per tola to Rs244,400

BUSINESSUpdated:April 27, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (APP) - The per tola price of 24 karat gold decreased by Rs600 and was sold at Rs244,400 on Saturday compared to its sale at Rs245,000 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs541 to Rs209,534 from Rs210,048 whereas the prices of 10 grams…

Kaspersky Next: new flagship product line for business

BREAKING NEWSUpdated:April 27, 2024ShareTwitter FacebookEmailLink

" Kasperskyintroduces its new flagship product line ‘Kaspersky Next’ combining robust endpointprotection with the transparency and speed of EDR (Endpoint Detection andResponse) alongside the visibility and powerful tools of XDR (ExtendedDetection and Response). Customers can now choose one of three product tiers tailoredto their business requirements, the complexity of their IT infrastructure, and theiravailable resources.…

No let up in inflation as prices of 15 items increase in a week

No let up in inflation as prices of 15 items increase in a week

BUSINESSUpdated:April 26, 2024ShareTwitter FacebookEmailLink

" KARACHI (APP) - The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 1.10 per cent for the combined consumption groups during the week ended on April 25, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in…

ڈالر dollar , stock market

Dollar becomes expensive, positive start of business in stock market

PAKISTANUpdated:April 26, 2024ShareTwitter FacebookEmailLink

" At the start of interbank trading, the dollar was 24 paisa cheaper, but the value of the dollar increased by 7 paisa during the trading session. The dollar is trading at 278 rupees 55 paise at Interbank, the dollar was trading at 278 rupees 48 paise at the close of business yesterday. Petrol and…

Pakistan Stock Exchange loses 80 points, closes at 71,971 points

Pakistan Stock Exchange loses 80 points, closes at 71,971 points

BUSINESSUpdated:April 25, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (APP) - The 100-Index of Pakistan Stock Exchange (PSX) on Thursday shed 80.49 points, a negative change of 0.11 percent, closing at 71,971.40 points against 72,051.89 points the previous trading day. A total of 798,527,177 shares valuing Rs.27.542 billion were traded during the day as compared to 599,401,643 shares valuing Rs 24.459 billion…

PSX gains 869 more points, closes at 67,756 points

PSX gains 869 more points, closes at 67,756 points

BUSINESSUpdated:April 24, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 869.77 points, a positive change of 1.30 percent, closing at 67,756.04 points against 66,886.26 points the previous trading day. A total of 361,823,380 shares valuing Rs11.901 billion were traded during the day as compared to…

Gold rates up by Rs800 to Rs 247,300 per tola

Gold rates up by Rs800 to Rs 247,300 per tola

BUSINESSUpdated:April 24, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (APP) - The per tola price of 24-karat gold witnessed an increase of Rs 800 and was sold at Rs 247,300 on Monday as compared to its sale at Rs.246,500 on the previous day. The price of 10 grams of 24 karat gold increased by Rs686 and was sold at Rs212,020 against the…

Govt increases prices of petrol, high-speed diesel by Rs 4.53 and Rs 8.14 per liter

Govt increases prices of petrol, high-speed diesel by Rs 4.53 and Rs 8.14 per liter

BUSINESSUpdated:April 24, 2024ShareTwitter FacebookEmailLink

" Govt increases prices of petrol, high-speed diesel by Rs 4.53 and Rs 8.14 per liter ISLAMABAD (APP) - The government on Monday announced an increase in the price of petrol by Rs 4.53 and the price of high-speed diesel by Rs 8.14 per liter in line with the trend of oil prices in the…

PSX gains 523 points, closes at 71,433.46 points

PSX gains 523 points, closes at 71,433.46 points

BUSINESSUpdated:April 24, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (APP) - The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 523.56 points, a positive change of 0.74 percent, closing at 71,433.46 points against 70,909.90 points the previous trading day. A total of 655,205,105 shares valuing Rs.31.248 billion were traded during the day as compared to 475,833,699…

Gold rates further decline by Rs7,800 per tola to Rs240,900

Gold rates further decline by Rs7,800 per tola to Rs240,900

BUSINESSUpdated:April 24, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (APP) - The per tola price of 24 karat gold decreased further by Rs7,800 and was sold at Rs240,900 on Tuesday compared to its sale at Rs248,700 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs6,687 to Rs206,533 from Rs213,220 whereas the prices of 10…

PM Shehbaz’s address to business community in Karachi

PM Shehbaz’s address to business community in Karachi

BREAKING NEWSUpdated:April 24, 2024ShareTwitter FacebookEmailLink

" KARACHI: Prime Minister (PM) Shehbaz Sharif on Wednesday expressed his confidence that volume of Pakistan’s exports would be doubled over the next five years with the support of the country’s business community. He said the government, in consultation with the business community will chalk out a comprehensive policy framework to increase the country’s exports…

Pakistan heading for 'big' IMF program: Finance Minister

” FinMin Aurangzeb summons ECC meeting ” | Current Pulse | Business

BUSINESSUpdated:April 3, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD: Finance Minister Muhammad Aurangzeb has summoned a session of the Economic Coordination Committee (ECC) on Thursday, ARY News reported. According to sources, the ECC meeting will be held in Islamabad with FinMin Aurangzeb in the chair. The key ECC session will approve technical supplementary grants for different ministries. Earlier, Prime Minister (PM) Shehbaz…

” بلوم برگ نے پاکستان کی شرح نمو میں دو گنا اضافے کی پیش گوئی کردی ” | Current Pulse | Business

BUSINESSUpdated:April 3, 2024ShareTwitter FacebookEmailLink

" عالمی مالیاتی خبر رساں ادارے بلوم برگ نے آئندہ سال پاکستان کی شرح نمو میں دو گنا اضافے کی پیش گوئی کردی۔ ورلڈ بینک اور بلوم برگ کی جانب سے اپنی رپورٹس میں معاشی استحکام کے آثار کے نمایاں ہونے کی تصدیق کی گئی ہے۔ورلڈ بینک اور بلوم برگ کی رپورٹس میں یہ پیشگوئی…

Cotton yarn exports to China cross $100m

” Cotton yarn exports to China cross $100m ” | Current Pulse | Business

BUSINESSUpdated:April 3, 2024ShareTwitter FacebookEmailLink

" BEIJING: Pakistan’s cotton yarn exports to China have surpassed the $100 million mark in the first two months of 2024. Experts believe Pakistan’s cotton yarn exports to the world will further enhance this year due to a good yield. According to the General Administration of Customs of the People’s Republic of China, China imported…

IMF ties Egypt loan disbursements to currency flexibility

” IMF ties Egypt loan disbursements to currency flexibility ” | Current Pulse | Business

BUSINESSUpdated:April 3, 2024ShareTwitter FacebookEmailLink

" The IMF will tie payments to Egypt under an $8 billion financial programme to Cairo’s letting market conditions determine the price of its currency and its making foreign exchange available to businesses and private individuals, the IMF said on Monday. Egypt, which signed the loan agreement on March 6, will have immediate access…

petroleum products photo file

” Petroleum demand hits 21-month high ” | Current Pulse | Business

BUSINESSUpdated:April 3, 2024ShareTwitter FacebookEmailLink

" KARACHI: The demand for petroleum oil products reached a 21-month high at 1.15 million tonnes in March compared to the same month last year, indicating a return to stability in the domestic economy. According to data from the Oil Companies Advisory Council (OCAC), compiled and reported by research houses, the sale of oil marketing companies…

PSX turns bullish, gains 89 points

” PSX turns bullish, gains 89 points ” | Current Pulse | Business

BUSINESSUpdated:April 3, 2024ShareTwitter FacebookEmailLink

" PSX turns bullish, gains 89 points - Daily Times …

Xiaomi market value surges after SU7 launch

” Xiaomi market value surges after SU7 launch ” | Current Pulse | Business

BUSINESSUpdated:April 3, 2024ShareTwitter FacebookEmailLink

" Shares of China’s Xiaomi surged as much as 16% on Tuesday as Xiaomi SU7, electronics maker’s sporty electric vehicle, launched last week drew strong interest, though a brokerage forecast the firm would lose nearly $10,000 per car this year. The stock touched its highest since January 2022 on the first day of trading since…

segregation of client assets is critical as brokers have been penalised for using client money illegally photo afp

” Stocks rebound on improved CPI reading ” | Current Pulse | Business

BUSINESSUpdated:April 3, 2024ShareTwitter FacebookEmailLink

" KARACHI: Pakistan Stock Exchange (PSX) on Tuesday showed signs of recovery as investors took cue from the decline in inflation reading to 20.68% for March 2024, which could lead to an easing of monetary policy by the State Bank of Pakistan (SBP). Earlier, trading began on a positive note but soon the KSE-100 index…

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