With 2000 commodities to be provided at a subsidized rate, the Ramazan package announced by the federal government will become functional from 10 Ramazan. According to details, the federal government has announced 2000 commodities at subsidized rates under the package with sugar to be supplied at the rate of Rs68 per kilogram. The rates of مزید پڑھیں

Pakistan’s public debt increased by Rs1.505 trillion or 4.28% in the eight months of this fiscal year amid an increase in government borrowing to plug the budget deficit gap. The public debt stood at Rs36.612 trillion at the end of February 2021, compared to Rs33.417 trillion at the end of February last year. The debt مزید پڑھیں

Chinese tyres have captured 85 per cent of market share in Pakistan — a substantial 45pc increase from two years ago, importers said on Monday. Like many Made in China products that have flooded local markets, the takeover of the local market share by a Chinese product is not unusual. Back in 2018, Chinese car مزید پڑھیں

German automaker Volkswagen’s US unit confirmed Tuesday it will rename its US operations as “Voltswagen of America” as it shifts its focus to electric vehicles. The revised name takes effect in May and the announcement came after several outlets on Monday reported on a draft release mistakenly posted on the automaker’s US website. “We might مزید پڑھیں

Twitter founder Jack Dorsey’s first ever tweet has been sold for the equivalent of $2.9m (£2.1m) to a Malaysia-based businessman. The tweet, which said “just setting up my twttr,” was first published on March 21, 2006 and was auctioned off by Mr Dorsey for charity. The Malaysia-based buyer Sina Estavi compared the purchase to buying مزید پڑھیں

Federal Minister of Industries and Production Hammad Azhar said Sunday the homework to help Pakistan leave the Financial Action Task Force’s (FATF) grey list has been “completed”. Speaking to the media here, Hammad Azhar said Pakistan was put on the grey list because of the previous governments but that the PTI regime would “soon” help مزید پڑھیں

The State Bank of Pakistan on Friday announced the policy rate will be maintained at 7% in a bid to support economic recovery. The decision was taken at a meeting of the Monetary Policy Committee (MPC) today, following which a statement was issued by the central bank. The committee noted that the “current stance of مزید پڑھیں

Finance Minister Abdul Hafeez Shaikh said Tuesday the government is trying to bring about a unified law that would regulate both companies and state institutions. Shaikh’s comment came during a joint press conference with Federal Minister of Industries and Production Hammad Azhar and Advisor to Prime Minister Imran Khan for Institutional Reforms and Austerity Ishrat مزید پڑھیں

A single tola of 24-karat gold in Pakistan is sold for Rs102,500 on Tuesday, March 9, at the opening of the bullion market Likewise, 10 grams of 24k gold is being traded at Rs87,877 while 10 grams of 22k gold is sold for Rs80,554. Besides, silver is being traded at Rs1,320/tola, whereas, the price of مزید پڑھیں

The Oil and Gas Regulatory Authority (OGRA) has notified a reduction in Liquefied Natural Gas (LNG) prices for the month of February. A notification has been released by the authority in this regards for the price cut of $0.02 per MMBTU for Sui Northern Gas Pipelines Company Limited (SNGPL) and $0.02 per MMBTU for Sui مزید پڑھیں