Govt all set to present progressive budget on Friday

ISLAMABAD, Jun 8 (APP): The incumbent coalition government is all set to present its first pro-people, business-friendly and progressive budget for the fiscal year 2022-23 in the Parliament on June 10 (Friday), with special focus on fiscal consolidation to contain budget deficit. The budget would be presented by Federal Minister for Finance and Revenue, Miftah… Continue reading Govt all set to present progressive budget on Friday

Kerb currency market

KARACHI, Jun 08 (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Wednesday. F.C. LOW RATE HIGH RATEU.S $ (Inter Bank) 202.50 203.00U.S $ (Cash Free Market) 202.50 203.50 SAUDIA RIYAL 53.40 54.00UAE DIRHAM 54.50 55.10EURO 214.00 216.00 UK POUND 251.50 254.00JAPANI… Continue reading Kerb currency market

Govt releases Rs46,868.33 million for Power Division’s projects in last 11 months

ISLAMABAD, Jun 8 (APP): The government has released an amount of Rs46,868.33 million for various power division schemes under Annual Public Sector Development Programme (PSDP) during the last 11 months of of current fiscal year 2021-22. According to the data of Planning Commission, the government has specified Rs69,485.05 million under PSDP-2021-22 for various power projects… Continue reading Govt releases Rs46,868.33 million for Power Division’s projects in last 11 months

Foreign exchange rates

KARACHI, Jun 08 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the followingExchange rates bulletin, here on Wednesday. CONVERSION RATES FOR JUNE 08, 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE JUNE 10, 2022 USD 202.6476 GBP 252.6813 EUR 216.4479 JPY 1.5256

NBP Exchange Rates

KARACHI, Jun 08 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT BuyingU.S DOLLAR USD 203.30 202.80EURO EUR 217.63 217.09 JAPANESE YEN JPY 1.5279 1.5242BRITISH POUND GBP 255.52 254.90SWISS FRANC CHF 208.60 208.09 CANADIAN DOLLAR CAD 162.02 161.63AUSTRALIAN DOLAR AUD 146.41 146.05SWEDISH KRONA… Continue reading NBP Exchange Rates

EXCHANGE RATES FOR CURRENCY NOTES

KARACHI, Jun 08 (APP):(08-06-22) CURRENCY SELLING BUYINGUSD 205.33 200.77GBP 258.08 252.33EUR 219.39 214.92 JPY 1.5432 1.5089SAR 54.81 53.46AED 55.92 55.02 LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDSLIBOR 1M 1.15971LIBOR 3M 1.66500LIBOR 6M 2.18800 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/15 DAYS 1M 2M 3M 4M 5M 6M USD 202.30 201.83 200.79 199.46 198.42 197.14… Continue reading EXCHANGE RATES FOR CURRENCY NOTES

Currency rates of NBP

KARACHI, Jun 08 (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. CURRENCY SELLING BUYINGUSD 205.33 200.77GBP 258.08 252.33EUR 219.39 214.92 JPY 1.5432 1.5089SAR 54.81 53.46AED 55.92 55.02

Business community proposes measures to boost exports, industrial growth

Musadik vows to tackle gas sector challenges with collective wisdom

OGRA directs OMCs to ensure fuel stocks at petrol pumps

Syed Murtaza appreciates organizations for initiating, setting up such good working relationship

ISLAMABAD, Jun 7 (APP):Minister for Industries and Production, Syed Murtaza Mehmood Tuesday appreciated both the organizations for initiating and setting up such good working relationship for the benefit of local industries. He said this while as Chief guest in a ceremony was organized by Engineering Development Board and Pakistan Business Council for the launch of… Continue reading Syed Murtaza appreciates organizations for initiating, setting up such good working relationship

Paracha suggests allocating 50 MMCFD gas to CNG sector for curtailing oil import bill, transport fares

No increase in petroleum prices: Miftah

Govt aims at fiscal consolidation, to present progressive budget: Miftah

Malayisan King stresses for improving socio-economic condition of his people

ISLAMABAD, Jun 7 (APP):Malaysian King Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah on Tuesday called on his country’s leaders and members of the civil service to continue to serve wholeheartedly and to ensure that the socio-economic well being of his people continues to be protected. The King expressed his happiness on seeing people from various races… Continue reading Malayisan King stresses for improving socio-economic condition of his people

Speakers for keeping global warming below 1.5c

No financial emergency in country: Miftah Ismail

ISLAMABAD, Jun 6 (APP): Federal Minister for Finance and Revenue Miftah Ismail on Monday said the government was out of financial crisis now after raising the petroleum prices twice. In a tweet, he said that Prime Minister Shehbaz Sharif would at some point announce austerity measures to save government expenditures, but there was not any… Continue reading No financial emergency in country: Miftah Ismail

Govt promoting business-friendly environment: Pasha

PSX gains 262 points to close at 41,577 points

ISLAMABAD, JUNE 6 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 262.33 points, with a positive change of 0.63 percent, closing at 41,577.21 points against 41,314.88 points on the last working day. A total of 189,245,419 shares were traded during the day compared to the trade of… Continue reading PSX gains 262 points to close at 41,577 points

PSX Joins SSE Initiative

ISLAMABAD, JUNE 6 (APP): The Pakistan Stock Exchange (PSX) has joined the Sustainable Stock Exchanges (SSE) Initiative, a partnership program under the auspices of the UN organised by United Nations Conference on Trade and Development (UNCTAD), the UN Global Compact, United Nations Environment Programme Finance Initiative (UNEP-FI) and the Principles for Responsible Investment (PRI). According… Continue reading PSX Joins SSE Initiative

Category: Business

Business news from Pakistan