Economy

SECP Registers Over 2,000 New Companies in October

The Securities and Exchange Commission of Pakistan (SECP) registered 2,017 new companies in October, raising the total number of registered companies to 154,093.Consequently, the total capitalization (paid-up-capital) of the new companies stood at Rs. …

Economy

Govt Increases Minimum Support Price for Wheat

To achieve self-sufficiency in wheat, the government has decided to increase the minimum support price for wheat to Rs 1,950/40 kg compared to Rs. 1,800/40 kg last year. The Food Ministry hopes this will incentivize farmers to grow sufficient wheat to …

Economy

Rupee Gains Big Over the British Pound, Holds Out Against the US Dollar

The Pakistani Rupee (PKR) maintained its position against the US dollar (USD) on Friday to close at 170.01.Yesterday, the rupee broke its 6-day winning streak against the greenback and lost 4 paisas in the inter-bank market to close at Rs. 170.01.The P…

Politics

PM performs groundbreaking of state of the art mother, child hospital in Attock

Prime Minister Imran Khan performed groundbreaking of state of the art mother and child hospital in Attock District on Friday.Punjab Government will complete the two hundred bed hospital at a cost of 5.3 billion rupees in two years’ time. Half of the p…

Politics

FM, Sindh Governor discuss federal Govt’s funded ongoing development projects

Foreign Minister Shah Mehmood Qureshi met Governor Sindh Imran Ismail in Karachi today [Friday].Overall political situation in the country and the federal government’s funded ongoing development projects were discussed in the meeting.Speaking on the oc…