Economy

NPMC Expresses Concerns Over Exorbitant Wheat & Sugar Prices in Sindh

The National Price Monitoring Committee (NPMC) has expressed deep concerns over a significant price differential in the key commodities, namely wheat flour and sugar, in different provinces including Sindh.The NPMC meeting was held on Wednesday with Ad…

Economy

Pakistan and Bulgaria to Collaborate for Establishing Linkages Between IT Firms

The Embassy of Pakistan in Bulgaria, in collaboration with the Ministry of Information Technology and Telecommunication of Pakistan and the Ministry of Transport, Information Technology and Communications of Bulgaria, organized an Online IT Forum meeti…

Economy

These Banks Will Roll Out Collateral-Free Loan Scheme for SMEs

Governor State Bank of Pakistan, Dr. Reza Baqir, announced that banks have shown an overwhelming response to an innovative financing scheme for collateral-free lending to SMEs introduced by the State Bank and supported by the Government of Pakistan.The…

Economy

Petroleum Dealers Call Off Their Strike

Petroleum dealers called off their strike after a successful meeting with the Ministry of Energy on increasing the dealer’s margin from 2 percent to 6 percent.The meeting ended with the conclusion that the Ministry of Energy will send a summary contain…

Economy

Rupee Strengthens Against the US Dollar for 6th Consecutive Day Closing Below 170

The Pakistani Rupee continued to improve against the dollar and posted strong gains against the USD on Wednesday. PKR gained 57 paisas against the dollar and closed at 169.97, posting a growth of 3.12 percent since crashing to an all-time low in Octobe…

Economy

Samina Alvi Welcomes Supreme Court’s Notice on Provision of Mammography Facilities at Public Hospitals

Begum Samina Alvi, the wife of President Dr. Arif Alvi, welcomed the notice taken by the Supreme Court on rising cases of breast cancer in the country, saying the joint efforts against the disease would lead to saving lives of thousands of women in the…