business

APP Islamabad: The Pakistani rupee depreciated by three paisa against the US dollar in interbank trading on Tuesday, closing at Rs277.67 compared to the previous day’s closing of Rs277.64. According to the Forex Association of…

APP Karachi: Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Monday. CURRENCY              SELLING          BUYING USD                               281.08…

APP Islamabad: The price of 24-karat gold per tola increased by Rs 1,100 on Tuesday, reaching Rs 273,000, up from Rs 271,900 during the previous trading session. Similarly, the price of 10 grams of 24-karat gold rose by Rs 943,…

APP Islamabad: The Pakistan Stock Exchange (PSX) has emerged as one of the top-performing global markets in 2024, according to a Bloomberg report. The report highlights that Pakistan’s stock market has been buoyed by an improving…

News Desk Islamabad: The Board of Investment and Chinese textile firm RUYI Shandong signed a Memorandum of Understanding (MoU) on Friday, under which the company will establish world-class textile parks in Pakistan. This initiative…

AFP/APP Hong Kong: Asian markets largely saw gains on Friday, with the yen holding steady at nine-month highs, following a positive day on Wall Street. Investors are gearing up for an anticipated U.S. interest rate cut next week.…

News Desk  Rawalpindi: The Mian Parvez Aslam group triumphed in the 2024 Rawalpindi Chamber of Commerce and Industry (RCCI) Executive Body Election, with all its candidates from the Associate Class securing 10 seats. The opposing…

News Desk  Rawalpindi: The Rawalpindi Chamber of Commerce and Industry's (RCCI) elections for 2024 are scheduled for September 11.  The elections will be overseen by a three-member Election Commission consisting of Muhammad Tariq…

APP Islamabad: The 100-Index of the Pakistan Stock Exchange (PSX) dropped by 91.45 points on Wednesday, showing a decline of 0.12 percent. It closed at 77,992.79 points, down from 78,084.24 points on the previous trading day. A total…

AFP/APP San Francisco: Microsoft announced on Wednesday a revision in its cloud computing unit's revenue forecast, reallocating a portion of the earnings to its "productivity" software business. This accounting adjustment comes amid…