Utility Stores’ employees across the country announced a strike on Friday till government fulfilled their demands. Due to the strike, utility stores across the country are facing closure. Employees demand that they be given status of permanent employees along with other benefits. The employees argue that they have been working on contract or daily wages مزید پڑھیں

Adviser to Prime Minister Imran Khan on Commerce Abdul Razak Dawood has said that Pakistan’s exports to Africa have increased by 10% even in this crunch time of coronavirus outbreak. “Alhumdulillah! Even in these testing times Pakistan’s exports to Africa have increased by 10% from July 2019 to 21st April 2020, as compared to the مزید پڑھیں

The US dollar (USD) registered appreciation against the Pakistani rupee (PKR) in the interbank market on Friday after consistent depreciation. According to details, the value of the greenback surged by 0.22 paisa today to trade at Rs160.20 in the interbank market. Earlier on April 7, the US dollar hit an all-time high against the Pakistani مزید پڑھیں

Pakistan is expected to face its first annual recession in fiscal year 2020 due to the ongoing and worsening coronavirus pandemic, credit rating agency Moody’s Investors Service said in a forecast issued late Wednesday. The country’s financing needs were also expected to rise significantly, while its real — or inflation-adjusted — gross domestic product (GDP) مزید پڑھیں

The Pakistan Stock Exchange (PSX) on Wednesday witnessed a bullish trend as KSE-100 index closed at 32,464.23 points with a positive change of 41.40 points (0.13%) as compared to 32,422.83 points on the last working day. A total of 239,873,143 shares worth Rs10.289 billion exchanged hands as compared to the trade of 339,154,639 shares worth مزید پڑھیں

A Karachi court denied a group of traders bail in a case against them for violating the lockdown. During a hearing on Thursday, the District South judicial magistrate sent six traders to jail for 14 days on judicial remand. They were arrested for opening their markets without permission. One of the men who has been مزید پڑھیں

The US dollar fell to Rs159.5 in the interbank market on Wednesday morning, hitting its lowest level in a month. In its sixth consecutive fall, the greenback went down by another Rs1.62 and traded close to the level last seen on March 24. The dollar has been falling for nearly a week now, declining by مزید پڑھیں

The Pakistani rupee rose by Rs1.79 against the US dollar in the interbank market on Tuesday. According to forex dealers, the rupee appreciated by Rs1.79 and currently trading at Rs161.70. The Pakistani rupee also registered 08 paisa appreciation in its value against the US dollar in the interbank market on Monday. The local unit appreciated مزید پڑھیں

The Utility Stores Corporation (USC) has announced a new set of subsidised rates for food items for the holy month of Ramazan. As per the new price list, the rate of super basmati rice has been reduced by Rs5 per kg, dates by Rs10 per 500 gram, chickpea flour by Rs20 per kg. The prices مزید پڑھیں

Pakistan International Airlines (PIA) to partially resumed its flight operations for the United Kingdom (UK), more than 300 British nationals on Sunday left for London via PIA’s special flight from Islamabad airport. According to details, the PIA flight PK-785 left for London, carrying more than 300 passengers. The passengers were properly screened before their flight. Meanwhile, مزید پڑھیں