VIS reaffirms ER of RYK Mills

KARACHI:VIS Credit Rating Company Limited has reaffirmed the entity ratings of RYK Mills Limited at single A/A-two. Outlook on the assigned ratings is stable. Previous rating action was announced on Feb. 19, 2021, said release on Wednesday. . Ratings reaffirmation continues to factor in the extensive sponsors experience, long-standing business relationships with institutional customers and […]

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PPP’s long march,a failed attempt to cover up its misdeeds: PTI leader

HYDERABAD:Pakistan Tehreek-e-Insaf (PTI) leader Imran Qureshi on Wednesday said that the PPP’s long march was a failed attempt to cover up its misdeeds and it was an effort to put pressure on the government in this regard. In a statement, he said since the way the present government had exposed the corrupt elements, the opposition […]

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PSX loses 46 points to close at 45,684 points

ISLAMABAD:The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 46.90 points, with a negative change of 0.10 percent, closing at 45,684.80 points against 45,731.70 points on the last working day. A total of 145,312,379 shares were traded during the day compared to the trade of 274,577,430 shares the previous […]

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SBP enhances agriculture credit limits

KARACHI:State Bank of Pakistan has enhanced the indicative credit limits for agriculture financing by banks to farmers to align the amount of financing with agriculture input requirements. The enhanced indicative credit limits for production and development loans of farm and non-farm sector will directly benefit agriculture borrowers, who will now be able to obtain more […]

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Cold, partly cloudy weather likely in most parts of KP: Met office

PESHAWAR:Regional Meteorological Center Peshawar has forecast cold and partly cloudy weather for most parts of the province, while very cold in the hilly areas. However, light rain with light snowfall over the hills is expected at isolated places in Chitral, Upper and Lower Dir, Malakand, Buner, Swat, Shangla, Kohistan, Battagram, Torghar, Mansehra, Abbottabad, Haripur, Mardan, […]

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Distt Admin launches crackdown against profiteers

LOWER DIR::District Administration on the directives of Deputy Commissioner Aoun Haider Gondal launched a crackdown against profiteers, hoarders and violators of corona SOPs on Wednesday. According to the office of DC, the district administration conducted 95 raids and registered cases against two persons, sealed business of seven persons, issued warnings to 24 persons and imposed […]

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PBM inaugurates seven more Mobile Food Trucks of ‘Ehsaas koi Bhooka Na Soey’ for Sindh

ISLAMABAD:Sindh Governor Imran Ismail along with Opposition Leader in Sindh Assembly Haleem Adil Sheikh and Managing Director of Pakistan Bait-ul-Mal (PBM) Malik Zaheer Abbas Khokhar on Wednesday inaugurated seven Mobile Food Trucks of ‘Ehsaas koi Bhooka Na Soey’ for the Sindh Province. The inauguration was done in a ceremony held in the Governor House which […]

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