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Apr 04, 2024

FBR sets April 30 deadline for sellers to register

In a statement released on Thursday, the Federal Board of Revenue (FBR) has urged all unregistered wholesalers, retailers, dealers, and shopkeepers to register by April 30, 2024, under the Trader Friendly Scheme.

Business

Web Desk
Apr 04, 2024

SBP’s forex reserves climb to $8.04 billion

The State Bank of Pakistan (SBP) witnessed a notable uptick in its foreign exchange reserves, climbing by $18.5 million or 0.23 per cent week over week (WoW) to reach $8.04 billion by the week ending on March 29, 2024.

Business

Web Desk
Apr 04, 2024

SBP to remain closed for three days

The State Bank of Pakistan (SBP) has declared a three-day holiday in observance of Eidul Fitr, starting from Wednesday, April 10th, to Friday, April 12th, 2024.

Business

Web Desk
Apr 04, 2024

PIA announces airfare discounts for Umrah pilgrims

PIA has made a noteworthy announcement on Thursday, revealing a substantial reduction in airfares tailored specifically for Umrah pilgrims.

Business

Web Desk
Apr 04, 2024

Interbank closing: PKR gains one paisa against USD

The Pakistani rupee (PKR) demonstrated resilience in the inter-bank market on Thursday, maintaining stability against the US dollar (USD).

Business

Web Desk
Apr 04, 2024

Stock market closes 660 points above opening level

Before shutting down the day, the index pushed up one more time to close on a high note. Yesterday the index surged 870 points. Today’s gains topped 660. This growth comes as a testament to the resilience observed in the Pakistani equities market.

Business

Web Desk
Apr 04, 2024

Gold prices continue to rise

Furthermore, the price of 10 grams of 22-karat gold also reported a uptrend to trade at Rs187,090.

Business

Web Desk
Apr 04, 2024

Utility stores’ workers barred from protests, strikes for six months

Under the Compulsory Service Act, strikes, demonstrations, and protests have been explicitly prohibited, ensuring that operations at utility stores continue smoothly without disruptions.