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Web Desk
Sep 12, 2023

Pakistani startup secures $1.2 million funding for ground-breaking motorcycle model

Pakistani startup raises $1.2 million as seed capital to advance its groundbreaking battery-swap motorcycle model, called the “Magvus EV”.

Business

Web Desk
Sep 11, 2023

Pakistan sees massive decrease in gold price

According to All-Pakistan Sarafa Association, after the massive decline, the price of per tola gold closed at Rs2,904,000.

Business

Hum News
Sep 11, 2023

Rupee appreciates against US dollar in interbank

The Pakistani rupee’s (PKR) upward trajectory against the US dollar continued on Monday, as it gained Rs1.79 against Dollar.

Business

Web Desk
Sep 11, 2023

Stock market sheds 147 points to close at 45,865 points

In the evening , the KSE-100 found itself hovering around 45,865 points.

Business

Web Desk
Sep 11, 2023

Proposed measures to restrict luxury imports in Pakistan

Last year, Pakistan’s overall imports reached $55 billion, with a significant portion allocated to oil imports at $17 billion.

Business

Web Desk
Sep 11, 2023

Dollar comes down to Rs300 after action against market manipulators

The move by the State Bank of Pakistan (SBP) to strengthen controls on Exchange Companies, and reports of the army chief’s intervention and deployment of law-enforcement personnel at currency dealer outlets saw the currency regain ground.

Business

Web Desk
Sep 11, 2023

PSX: fluctuations amidst stability efforts

The first trading day of the current week has witnessed a minor downturn in the index.

Business

Web Desk
Sep 11, 2023

Data show Pakistan dealing with absurd levels of electricity theft

In a week-long crackdown, authorities uncovered a staggering eight million units of power theft, leading to the apprehension of 194 individuals and the imposition of a hefty fine amounting to Rs 352 million.

Business

Web Desk
Sep 11, 2023

Recovery drive launched against 11,000 tax defaulters

The FBR will complete all legal formalities before taking extreme action like arrests of the tax defaulters and opportunity would be provided to respond to the notices served on them

Business

Web Desk
Sep 10, 2023

Pak-UAE to sign free trade agreement by September end

Caretaker Federal Minister for Commerce Dr Gohar Ejaz said that Pakistan is expected to sign a free trade agreement with the UAE in the last week of September.