Business News
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EC opposes convention on HR violation | The Express Tribune
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[ad_1] ISLAMABAD: The European Commission (EC) has opposed a draft legislation by the European Parliament relating to a convention, which holds the army chief answerable to the violation of human rights in any country including Pakistan to avail the new…
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Oil reserves discovered from Lockhart: OGDCL | The Express Tribune
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[ad_1] ISLAMABAD: Development Company Limited (OGDCL), Pakistan’s largest oil and gas exploration company, on Thursday announced the discovery of oil reserves from its exploratory well – Toot Deep-1 Well – located in the Attock district of Punjab. OGDCL, being the…
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Pakistan forex reserves fall over 2% to stand at $7.4bn
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[ad_1] Picture of a one hundred US dollar bill taken in Bogota, on October 24, 2022. — AFP/File KARACHI: Following a decline of 2.07%, Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) stood at $7.4 billion….
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Gold soars to Rs151,000 per tola amid political unrest
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[ad_1] Gold bars. — AFP/file KARACHI: Gold maintained its winning streak in the local market for the third consecutive day on Tuesday as political turmoil gripped the county since PTI Chairman Imran Khan announced to march towards Islamabad. The price…
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US commits another $30m for Pakistan flood relief
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[ad_1] This aerial view shows a flooded residential area after heavy monsoon rains in Balochistan province on August 29, 2022. — AFP WASHINGTON: The United States said Thursday it would provide another $30 million in flood aid to Pakistan, hoping…
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Rupee loses ground ahead of PTI’s long march
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[ad_1] A file image showing a currency dealer counting $100 notes — AFP/File KARACHI: In view of the rising political temperature and uncertainty in the county ahead of the PTI’s long march to Islamabad, the Pakistani rupee maintained its losing…
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EU to review GSP Plus status in Dec 2023 | The Express Tribune
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[ad_1] LAHORE: European Union Ambassador Dr Riina Kionka has called for effective implementation of 27 international conventions as Pakistan’s current GSP Plus status is going to be reviewed in December 2023 and more conventions pertaining to labour and human rights…
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US keen to expand agritrade with Pakistan | The Express Tribune
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[ad_1] ISLAMABAD: United States Ambassador to Pakistan Donald Blome says he looks forward to expanding agricultural trade between the two countries, and was also looking into allowing Pakistan access to the US beef market. The comments were made when the…
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Finance czar Ishaq Dar convinces pharmaceutical firms to reduce price of fever pills
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[ad_1] Representational image of tablets. — AFP/File ISLAMABAD: Following a meeting with Finance Minister Ishaq Dar, pharmaceutical companies Wednesday agreed to reduce the price of a paracetamol 500mg tablet to Rs2.35. Dar met with the heads of pharmaceutical companies in…
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Gold continues to glitter, price soars above Rs150,000-threshold
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[ad_1] A representational image of gold bangles. — AFP/File KARACHI: Gold surpassed the crucial Rs150,000 threshold in Pakistan on Wednesday with a rise of 1.2% as political uncertainty diverted investors’ attention towards safe-haven assets. Data released by the All Pakistan…
