Gul Ahmed Textile’s Profit Declines by Over 50% in FY23
Gul Ahmed Textile Mills Limited (PSX: GATM) has posted consolidated profit after tax of Rs. 4.89 billion for the year that ended on June 30, 2023, dowRead More…
Category: Buying & Selling
This category covers all news related Business & Finance
SIFC Committee finalizes plans to resolve issues related to Agriculture, IT, Minerals and Energy
The Executive Committee of Special Investment Facilitation Council has finalized plans to resolve issues related to Agriculture, Information TechnologRead More…
SECP to Impose New Conditions on Charitable and Not-For-Profit Organizations
The Securities and Exchange Commission of Pakistan (SECP) has proposed new conditions and restrictions on the companies registered as charitable and NRead More…
National Refinery Successfully Produces ‘Bunker Fuel’ for Sea Vessels
National Refinery Limited (PSX: NRL) has announced the production and supply of very low furnace oil (VLFSO), also known as “bunker fuel”, after tRead More…
Rupee Rises 15th Day in a Row Against US Dollar
The Pakistani rupee rose 15th day in a row against the US Dollar today after opening trade at 289 in the interbank market.At 11:30 PM, it was bullish,Read More…
Currency Dealers Unhappy With Banks Replacing Exchange Companies
Currency dealers warned that replacing existing money exchange companies could backfire and allow banks to abuse the situation by manipulating the exRead More…
Pakistan Seeks Top-Quality Russian Oil At Less Than $60 a Barrel
Pakistan wants top-quality Russian crude at a price not more than the Group of Seven (G7) nations’ $60 per barrel limit.After test-processing the fRead More…
OGDC Discovers Gas in Rahim Yar Khan
Oil and Gas Development Company Limited (PSX: OGDC) has discovered gas from its exploratory efforts at Chak 214-1 exploratory well located in DistricRead More…