Staff Report

Cotton prices increase by Rs1000 per maund
- By Staff Report
- October 27, 2023
KARACHI – Cotton spot prices have increased by Rs1,000 per maund in a week due to lower arrivals and rising demand. On Friday, Karachi Cotton…

Indus Motor Company posts Rs3.216bn profit during July-September
- By Staff Report
- October 27, 2023
KARACHI – Indus Motor Company (IMC), manufacturer of Toyota vehicles, has posted Rs3.216 billion profit after tax in the first quarter of the current fiscal…

Askari Bank announces to establish wholly-owned Exchange Company
- By Staff Report
- October 27, 2023
Askari Bank Limited has announced the establishment of an Exchange Company (EC) as a wholly-owned subsidiary. The subsidiary of Fauji Foundation has become the eighth…

Gas load-shedding hours announced for winter season
- By Staff Report
- October 27, 2023
ISLAMABAD – The federal government has decided to increase gas load-shedding hours during this winter season due to high demand and depleting gas reserves. During…

Islamabad, Rawalpindi weather update for weekend
- By Staff Report
- October 27, 2023
ISLAMABAD – The Pakistan Meteorological Department (PMD) has forecast mainly dry weather for Islamabad, Rawalpindi and parts of Pakistan during the next couple of days.…

Potential semi-finalists of Cricket World Cup 2023
- By Staff Report
- October 27, 2023
Though no team is mathematically out of the contest for reaching the knockout stage of World Cup 2023, chances of reaching the top four are…

Pakistan clears air about cancellation of import licenses of Toyota, Honda, Suzuki
- By Staff Report
- October 26, 2023
ISLAMABAD – The Ministry of Industries and Production has contradicted reports of cancellation of import licenses of three leading automobile manufacturers – Suzuki, Toyota and…

Emission levels in major Pakistani cities drop due to energy inflation
- By Staff Report
- October 26, 2023
ISLAMABAD – Macroeconomic crisis and energy inflation have caused drop of emissions to the lowest levels in all major cities in Pakistan since 2020. Latest…

Karachi Whites beat Faisalabad to lift Quaid-e-Azam Trophy
- By Staff Report
- October 26, 2023
LAHORE – Karachi Whites clinched their fifth Quaid-e-Azam Trophy title after defeating Faisalabad by 456 runs at the Gaddafi Stadium in Lahore on the last…

SBP’s foreign exchange reserves drop by $220mn
- By Staff Report
- October 26, 2023
KARACHI – State Bank of Pakistan’s liquid foreign exchange reserves reached $7,494.2 million after decreasing by $220 million as of October 20, 2023. As per…







