Category: Business

Business news from Pakistan

KP Govt announces cut of Rs .5 in price of roti

PESHAWAR, Apr 15 (APP):The government of Khyber Pakhtunkhwa has announced a cut of Rs.5 in the price of roti to provide relief to people on Monday. Chief Minister Khyber Pakhtunkhwa, Ali Amin Gandapur has made this announcement after holding consultations with Provincial Minister for Food, Zahir Shah Toru and Secretary Food. According to the notification… Continue reading KP Govt announces cut of Rs .5 in price of roti

12 electricity feeders of FDA City made functional

FAISALABAD, Apr 15 (APP):As many as 12 electricity supply feeders in FDA City have been made functional, including feeder No 8, to facilitate its residents and allottees. During a briefing here on Monday, Chief Engineer Faisalabad Development Authority (FDA) Mehar Ayub Gujjar said that there were 18 electricity supply feeders in Phase-I of FDA City and Engineering… Continue reading 12 electricity feeders of FDA City made functional

PSX witnesses bullish trend, gains 229 more points

ISLAMABAD, Apr 15 (APP): The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 229.86 points, a positive change of 0.33 percent, closing at 70,544.58 points against 70,314.72 points the previous trading day. A total of 555,214,972 shares valuing Rs.21.986 billion were traded during the day as compared to 389,396,548 shares… Continue reading PSX witnesses bullish trend, gains 229 more points

Rupee sheds 29 paisa against dollar

ISLAMABAD, Apr 15 (APP):Pakistani Rupee on Monday depreciated by 29 paisa against the US dollar in the interbank trading and closed at Rs278.22 against the previous day’s closing of Rs277.93. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs278 and… Continue reading Rupee sheds 29 paisa against dollar

Shipping Activity at Port Qasim

KARACHI, Apr 15 (APP):A ship ‘Nicholas’ with 56,277 tonnes of Coal, berthed at Pakistan International Bulk Terminal on Sunday. Meanwhile, four more ships, Fast, MSC Nilgun, High Trader and Navigation Vega also arrived at outer-anchorage of Port Qasim during the last 24 hours. A total of seven ships were engaged at PQA berths during the… Continue reading Shipping Activity at Port Qasim

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