Italy likely to become ‘one bln dollar’ export market for Pakistan this year: Envoy

ISLAMABAD:Pakistan`s Ambassador to Italy, Jauhar Saleem, Thursday said Italy was expected to be a one billion dollar export market for Pakistan in the current financial year 2021-22. The country’s exports to Italy had reached an all-time high of $ 805 million during the first nine months of the financial year, he said while talking to […]

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Seven outlaws including drug peddlers rounded up in Capital

ISLAMABAD:Islamabad police have claimed of arresting seven outlaws including three drug peddlers from different areas of the city and recovered 1110 gram hashish, four pistols with ammunition, a police spokesman told on Thursday. He said that Inspector General of Police (IGP) Islamabad Muhammad Ahsan Younas had ordered crackdown against criminals including those involved in drug […]

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Self-introspection inevitable to fulfill true purpose of creating Pakistan: Chairman CII

ISLAMABAD:A conference based upon the theme of ‘Creation of Pakistan in Shab-e-Qadr’ has been held here at Aiwan-e-Quaid in Fatima Jinnah Park. The conference was attended by Mian Muhammad Javed, Chairman Nazriya Pakistan Council, Dr Qibla Ayaz Chairman council of Islamic ideology and Dr. Hafiz Ikram-ul-Haq Secretary council of Islamic ideology along with many famous […]

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Prime Minister rejects OGRA’s proposal to increase POL product prices

ISLAMABAD:Minister for Information and Broadcasting, Marriyum Aurangzeb on Thursday said Prime Minister Muhammad Shehbaz Sharif had rejected the Oil and Gas Regulatory Authority’s proposal to hike prices of petroleum products in the country for next fortnight. In a statement, she said the people could not be punished for the worst incompetence and blatant mistakes of […]

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Philip Morris (Pakistan) Limited posts profit after tax of Rs 1.15 bn in Q1 2022

ISLAMABAD:Philip Morris (Pakistan) Limited (“PMPKL”) generated total net turnover of PKR 5,345 million reflecting Domestic Net Turnover of PKR 4,497 million, + 2.1% compared to prior period due to an unaltered excise tax rates coupled with Exports Net Turnover of PKR 848 million, an increase of 100% compared to Q1 2021 due to delay in […]

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Pak-Saudi ties to touch new heights of bilateral cooperation: PM

ISLAMABAD:Prime Minister Shehbaz Sharif on Thursday said he looked forward to his meeting with the leadership of Saudi Arabia in a bid to review the multifaceted bilateral cooperation and taking the special relationship to new heights. In a special video message prior to leaving for Saudi Arabia on a three-day visit, he expressed pleasure that […]

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Gold prices unchanged at local market, decline by $7 in int’l trading

ISLAMABAD:The price of 24 karat per tola gold remained unchanged at Rs 132,000 on Thursday in the local market. The price of 10 gram 24 karat gold and 22 karat gold also witnessed no change in prices and was sold at Rs 113,169 and Rs 103, 738 respectively, All Sindh Sarafa Jewellers Association reported. The […]

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PSX loses 283 points to close at 45,249 points

ISLAMABAD:The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing 283.89 points, with negative change of 0.62 percent, closing at 45,249.41 points against 45,533.30 points on the last working day. A total of 325,466,550 shares, valuing Rs 9.290 billion, were traded during the day compared to the trade of 223,822,755 […]

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