- 26 April, 2024
Economy
CDWP Approves Development Projects Worth Rs. 140 Billion
At a CDWP meeting presided over by Deputy Chairman Planning Commission, Mohammad Jehanzeb Khan, cleared three development projects with a cost of Rs. 9.168 billion
RCCI Urges RDA to Construct Industrial Zones Alongside Ring Road
The Rawalpindi Chamber of Commerce and Industry (RCCI) has urged Rawalpindi Development Authority (RDA) to establish industrial and economic zones along the Ring Road. If
SBP Announces Deadline for Exchange Companies to Implement Biometric System
The State Bank of Pakistan (SBP) has set a new deadline of June 30, 2022, for exchange companies to ensure the implementation of the Biometric Verification System (BVS).A circular issued by SBP states, “All ECs/ECs-B categories are required to continue…
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…
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 …
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. …