The Federal Board of Revenue (FBR) on Friday inked a contract with AJCL along with its lead partner Authentix Inc. USA and Mitas Corporation of South Africa to operationalize Track and Trace Solution on tobacco, cement, sugar and fertilizer sectors According to details shared by the FBR spokesman from his Twitter handle,  Member IR-Operations of the مزید پڑھیں

The downward trend in the prices of gold continued on Friday when the rates of the precious metal fell Rs1,450 per tola in the local market The gold rate has fallen over 8% in a month as investors are turning away from the safe bet commodity with COVID-19 fear subsiding, according to traders quoted in مزید پڑھیں

Pakistani rupee extended gains against the United States (US) dollar at the start of Wednesday’s trading in the inter-bank market, touching a one-year high According to foreign currency dealers, the local currency appreciated by 38 paisa to 157.47 against the greenback. Yesterday, the dollar had closed at Rs157.85. Economic analysts say the rupee appreciation is مزید پڑھیں

The buying rate of the US dollar was Rs158.15, while its selling rate was Rs158.40 on Monday, March 1 at the opening of currency market Meanwhile, the following were the rates of the US Dollar, Saudi Riyal, UK Pound, the UAE’s Dirham, and other foreign currencies in the open market. The information has been obtained مزید پڑھیں

The prices of petroleum products will remain the same for the month of March, according to Prime Minister Imran Khan’s aide on political communication Shahbaz Gill. Gill, in a post on Twitter, said that the Oil and Gas Regulatory Authority had recommended an increase of Rs6-7 per litre but PM Imran Khan turned it down. مزید پڑھیں

The World Bank on Friday announced $12 million additional grant for homeless people in tribal districts of Khyber Pakhtunkhwa The grant agreement during a ceremony held at the Ministry of Economic Affairs in Islamabad today. Addressing the ceremony, the Federal Minister of Economic Affairs Makhdum Khusro Bakhtiar thanked the WB for the additional grant for مزید پڑھیں

With sub-optimal utilisation of earlier $4.5 billion worth of three-year financing framework, Pakistan and the International Islamic Trade Finance Corporation (ITFC) on Wednesday signed a $1.1bn trade financing facility for the current year. Under the Annual Financing Plan, “ITFC will mobilise trade financing of $1.1bn during the year 2021”, said an official statement after the مزید پڑھیں

Cotton prices in Pakistan pushed to an 11-year high Wednesday because of a decline in production. Cotton traded at Rs12,000/maund, while its spot rate moved up to Rs11,700/maund, Karachi Cotton Brokers Forum Chairperson Naseem Usman was quoted as saying by The News. This is the highest price in the history of cotton trade in Pakistan. مزید پڑھیں

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir on Wednesday said that over 90,000 Roshan Digital Accounts have been opened by Pakistani Diaspora in 97 countries during five months. “Roshan Digital Accounts programme is the brainchild of Prime Minister Imran Khan,” the SBP governor said adding that the prime minister wanted to make a مزید پڑھیں

Shares in Tesla were set to plunge into the red for the year on Tuesday, hit by a broad selloff of high-flying technology stocks and the fall of bitcoin, in which the electric carmaker recently invested $1.5 billion. At 1121 GMT, Tesla was down over 6% in U.S. premarket deals after a 8.5% drop during مزید پڑھیں