Posts

Showing posts from April, 2023

Finance : Dollar increased after Eid holidays

Image
  KARACHI: During the 3-day business week after the Eid-ul-Fitr holiday, the value of foreign currency increased, during which the dollar appreciated by 37 paise. According to the details, after the end of the Eid-ul-Fitr holidays, the dollar became expensive by 37 paise in the interbank market during the 3 days. During April 26 to 28, 2023 (Wednesday to Friday), the dollar closed at Rs 283 84 paisa from Rs 283 47 paise at the interbank level. During a week, the dollar depreciated by Rs 2 to Rs 290 in the open market. In the open market, during this period, Euro became expensive by 2 rupees to 317 rupees, British pound increased by 1 rupee 50 paise to 360 rupees, Emirati dirham decreased by 5 paise to 79 rupees 20 paise and Saudi riyal increased by 15 paise to 76 rupees 60 paise. Done. On the other hand, the State Bank of Pakistan says that the reserves of the State Bank increased by 30 million dollars. State Bank's foreign exchange reserves increased fr...

Pakistan Stock Market: Increase in business in 3 days

Image
    KARACHI: Pakistan Stock Exchange witnessed a positive trend in business during 3 days and 100 index increased by more than 500 points. According to the details, after the end of Eid-ul-Fitr holidays, there was a 3-day business in the Pakistan Stock Market during which there was a positive trend. During April 26-28, 2023 (Wednesday-Friday), the 100 index increased by 573 points and the index closed at 41,580 with a gain of 1.40%. During the last week, 62.4 million shares were traded while trading worth 21 billion rupees. Market capitalization increased by Rs 88 billion to Rs 6289 billion in one week.

Monsoon Karachi Update: Raining begins today in Karachi.

Image
    Karachi: Light and heavy rains occurred in different areas of Shahr-e-Quaid, after which the weather in the city became pleasant. In this regard, the Department of Meteorology says that the low pressure system of western winds has become active in Karachi, due to which the rains started in different areas along with strong winds. According to the latest reports, heavy rain is continuing in Azizabad, Federal B Area, Orangi Town, Sarjani Town, North Nazimabad and other adjoining areas .   According to the Meteorological Department, this rain may continue intermittently for the next few hours.

The price of crude oil in the world market has dropped significantly

Image
   New York: The price of crude oil in the world market has seen a decrease of more than 1 percent, last month the price of crude oil in the world market has fallen to the lowest level of the last 15 months. According to foreign media, the price of crude oil has decreased by one percent in the international market. Brent crude fell 91 cents, or 1.11 percent, to $80.75 a barrel, while U.S. crude fell 91 (1.17) percent to $76.96 a barrel. Earlier last month, the price of crude oil in the global market fell to the lowest level of the last 15 months. Economists say that due to the Russia-Ukraine war, the prices of crude oil and gas increased worldwide, but now the global market is moving towards stability.

Asian Development Bank disburses the most funds to Pakistan in the year 2022

Image
    ISLAMABAD: The Asian Development Bank says that in the year 2022, the most funds were given to Pakistan, 16 billion dollars were promised from Pakistan for the rehabilitation of flood affected areas, of which only 1.5 billion dollars were provided. According to the details, the Asian Development Bank released its annual report according to which the most funds were given to Pakistan in the year 2022, the Asian Development Bank and partners gave projects worth 5.5 billion dollars to Pakistan. The report said that concessional loans of 2.6 billion dollars were given to Pakistan in the year 2022. According to the report, the Asian Development Bank has done a total of 31.8 billion dollars in project financing in Asia. The report said that Pakistan's economy was damaged the most by floods, due to floods there was a major destruction of crops in Pakistan, due to the destruction of crops, the balance of demand and supply in Pakistan was disturbed, while local inflation also incr...

Imran Khan will also celebrate the third day of Eid with the workers

Image
  Islamabad: Leader of Pakistan Tehreek-e-Insaf Faisal Javed Khan says that Imran Khan will organize a special session with his workers at 7 pm today, tomorrow we will celebrate the 27th anniversary of Tehreek-e-Insaf together with Imran Khan. According to details, Pakistan Tehreek-e-Insaf leader Faisal Javed Khan said in his tweet on the social networking website Twitter that Imran Khan will organize a special session with his workers from Zaman Park on the third day of Eid today at 7 pm. Faisal Javed said that your questions will be answered by the captain. He said that tomorrow, Tuesday, April 25, 2023, we will celebrate the 27th anniversary of Tehreek-e-Insaf together with Imran Khan. There will be a special address of the captain regarding the struggle of Tehreek-e-Insaaf at Zaman Park Imran Khan's residence. Faisal Javed said that the election campaign is starting from tomorrow in all the constituencies, Imran Khan's address will be shown on screens everywhere, Tehreek...

Elections will not be allowed to go beyond May 14: Imran Khan

Image
    Lahore: Chairman Pakistan Tehreek-e-Insaf Imran Khan says that the election will not be allowed to go beyond May 14. If the government talks about the election in June, there can be negotiations. Imran Khan said in clear words that if these people think that they can escape by applying pressure, then we will start a movement that no one has seen before. He said this while giving a special interview to ARY News, while answering the questions of the host Maria Memon, he discussed the political and economic situation of the country in detail. Unmute Talking about the decision of the Supreme Court regarding the elections of the provincial assemblies, he said that Qasim Suri's ruling was rejected after taking Sumoto notice, so at that time there were praises, now the Supreme Court has taken Sumoto. If so, they are suffering a lot, the courts were open for us at 12 o'clock at night, we still did not refuse the decision of the Supreme Court. Imran Khan said that even before this...