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IMF programme ‘on track’, govt insists
Coming Fund team visit is routine, not a ‘review’.
Inspection-less regime for SMEs to spur growth: PM
The prime minister also agreed to the suggestion for introducing a fixed tax regime in construction sector.
Dr Piracha appointed to WTO mission in Geneva
Piracha’s nomination was approved by Prime Minister Imran Khan.
LNG tender attracts bids from Chinese, Japanese firms
Lowest offers come from Gunvor, Vitol.
Razak seeks Saudi investment
Dawood welcomed the delegation and vowed to extend complete facilitation on different matters pertaining to Saudi FDI.
FBR to update new units of measurement
The statement said the move will help improve ease of doing business.
Banks fined for various violations
Collectively, the fines add up to Rs805 million, and all actions were taken in the month of August.
Stocks gain 252 points despite plunge in volume
The volumes declined 67pc over the previous day to 48 million shares from 147m shares.
Nepra holds KE responsible for 19 deaths
K-Electric blames urban flooding due to rain and encroachment around power installations.
SC moved for urgent hearing of GIDC cases
AG files application for out-of-turn hearing of the matter involving billions of rupees.
EXCHANGE RATES
Exchange Rates for Currency Notes
| Countries | Selling (Rs.) | Buying (Rs.) |
|---|---|---|
| U.S.A. | 155.70 | 156.70 |
| U.K. | 192.00 | 193.50 |
| Euro | 172.00 | 173.30 |
| Japan | 1.45 | 1.47 |
| Saudi Arabia | 41.30 | 41.55 |
| U.A.E. | 42.30 | 42.55 |
Highlights
Aurora
BULLION RATES
| City | Gold (24-ct) | Silver |
|---|---|---|
| Karachi | 76,303 | 943.00 |
| Multan | 74,930 | 886.00 |
Business & Finance
Labour in the age of tech
Many new start-ups are misclassifying huge numbers of employees as independent contractors and thus ...
A bad first year
The market sentiment and investor confidence remain uncertain.
Ill-timed divestment
The government’s decision to sell its shares in OGDC and PPL could not have come at a worse time
KSE 100-share index fluctuations
Published in Dawn, The Business and Finance Weekly, September 2nd, 2019