As of Friday, January 19, 2024, the exchange rate for one US Dollar against Pakistani rupees stood at Rs 279.5 in both the local and open markets, with a selling rate of Rs 281.5. Keep in mind that exchange rates may fluctuate depending on the location and the specific Exchange Company or bank handling the…
In a pre-dawn operation on Wednesday, the Israeli army reported the successful targeted killing of a prominent Palestinian militant in the occupied West Bank. Ahmed Abdullah Abu Shalal, identified as a major threat, was neutralized in an air strike that thwarted an impending “terrorist attack” he was allegedly planning. Abu Shalal, implicated in a series…
The country experienced a 13.70% decline in the sales of motorcycles and three-wheelers during the initial six months of the current fiscal year (2023-24) compared to the corresponding period last year. According to the Pakistan Automobile Manufacturing Association (PAMA), a total of 541,821 motorcycles and three-wheelers were sold from July to December, down from 627,835…
The price of 24-karat gold witnessed a notable decline, falling by Rs.600 per tola, as reported on Tuesday. The precious metal was traded at Rs.217,300, marking a decrease from its previous sale price of Rs.217,900 on the last trading day. Similarly, the cost of 10 grams of 24-karat gold also experienced a dip, decreasing by…
In Karachi, the exchange rate on Wednesday, January 17, 2024, for one US Dollar in Pakistani Rupees was recorded at Rs 280.3 in both the local and open market, with a selling rate of Rs 282.45. It’s important to note that exchange rates may vary depending on the location and the specific Exchange Company or…
In the initial six months (July-December) of the fiscal year 2023-24, the Federal Government has authorized the expenditure of Rs 305.957 billion from a total allocation of Rs 940 billion for various ongoing and new social sector uplift projects undertaken by federal ministries and divisions. This decision, falling under the Public Sector Development Programme (PSDP),…
The federal government is gearing up to implement a new adjustment in electricity rates, potentially resulting in a significant hike of Rs.5.62 per unit, placing an additional burden on the public. Insiders familiar with the matter revealed that the Central Power Purchasing Agency (CPPA) has formally approached the National Electric Power Regulatory Authority (NEPRA), seeking…
In Karachi, on Tuesday, January 16, 2024, the exchange rate for one US Dollar in the local and open market was documented at Rs 280, with a selling rate of Rs 282. It’s important to note that exchange rates may differ depending on the location and the specific Exchange Company or bank facilitating the transaction….
Israeli tanks and aircraft conducted strikes in southern and central Gaza on Sunday, marking the 100th day since the October 7 assault led by Hamas gunmen. Fierce gun battles erupted in various areas, with communications and internet services remaining disrupted for the third consecutive day. This has posed significant challenges for emergency and ambulance crews…
.In Karachi, on Monday, January 15, 2024, the exchange rate for one US Dollar against Pakistani Rupees stood at Rs 280 in both the local and open markets, with a selling rate of Rs 282. Keep in mind that exchange rates may differ depending on the location and the entity handling the transaction. Below are…