Dec 21

PSX announces list of recipients of top 25 companies award

KARACHI: Pakistan Stock Exchange (PSX) has announced the recipients of the Top 25 Companies Awards for the year 2019, a statement said on Monday. As per tradition, the criteria for selecting such companies was also updated and upgraded in 2019 in line with the evolving business environment and requirements. For the said year, the pre-requisites […]

by Mrs. Anjum Shahnawaz

Stock market falls by 407 points on lower international oil prices

Dec 21

Stock & Commodity

Stock market falls by 407 points on lower international oil prices

KARACHI: The stock market ended down by 407 points on Monday owing to lower oil prices in international markets after lockdown fears on fast spread of coronavirus. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 43,334 points as against 43,741 points showing a decline of 407 points. First day of the rollover […]

by Mrs. Anjum Shahnawaz

Dec 21

Taxation

IRS officers to be deputed in NAB

ISLAMABAD: Federal Board of Revenue (FBR) on Monday asked officers of Inland Revenue Service (IRS) of BS-19 to submit their CVs, who intend to post in National Accountability Bureau (NAB) on deputation basis. The FBR said that the NAB had urgently required services of BS-19 officers having sufficient experience in Information Technology for their posting […]

by Mrs. Anjum Shahnawaz

MCC Gwadar announces auction of confiscated vehicle on December 24

Dec 21

Auction, Pakistan Customs

MCC Gwadar announces auction of confiscated vehicle on December 24

KARACHI: Model Customs Collectorate, Gwadar has announced auction of confiscated vehicle to be held on December 24, 2020 at Custom House, Gaddani. Following vehicles to be presented for the auction: 01. Toyota Premio X Car, Reg: No AAK-046, Chassis No. ZZT240-0112894, Engine No. Nil, Model: 2006 02. Toyota Surf, Reg No. QBA-0162, Chassis No. KZN185-0043878, […]

by Mrs. Anjum Shahnawaz

Rupee depreciates by 62 paisas on rising dollar demand

Dec 21

Money & Banking

Rupee depreciates by 62 paisas on rising dollar demand

KARACHI: The Pak Rupee plunged by 62 paisas against the dollar on Monday owing to rising demand of the foreign currency for import and corporate payments. The rupee ended Rs160.71 to the dollar from last Friday’s closing of Rs160.09 in the interbank foreign exchange market. Currency dealers said that market witnessed higher demand for import […]

by Mrs. Anjum Shahnawaz