Business & Finance

Business & Finance News Updates

Chinese E-Bike Manufacturer “Yadea” Ventures into Pakistan’s EV Market

Chinese E-Bike Manufacturer "Yadea" Ventures into Pakistan's EV Market

In a major stride towards a sustainable and eco-friendly future for Pakistan, Yadea, a distinguished Chinese e-bike manufacturer, has officially set its wheels in motion with the opening of its first showroom in Lahore. This strategic move is a collaboration with Road Prince, a well-established name in the local automotive …

Read More »

Motorbike Sales in Pakistan Decline By 10% During July-October 2023

Honda CD 70 2024 model launched

The automotive landscape in Pakistan has experienced a notable downturn as the sale of motorbikes and three-wheelers recorded a 10.1% decrease during the first four months of the fiscal year 2023-24, spanning from July to October. According to data released by the Pakistan Automobile Manufacturing Association (PAMA), the sales figures …

Read More »

Car Sales in Pakistan See a 47% Slump from July to October 2023

Honda Civic 2022

In a stark downturn for the Pakistani automotive industry, recent data released by the Pakistan Automobile Manufacturing Association (PAMA) reveals a significant 47.4% plunge in car sales during the initial four months of the fiscal year 2023-24, compared to the corresponding period in the previous year. Sales Figures: A Steep …

Read More »

Empowering Future: From Job Seekers to Job Creators

The Impact of a Degree on Students' Professional Careers in 2023

In the diverse landscape of career choices, individuals carve unique paths based on personal preferences. Some gravitate towards the security of government jobs, while others seek opportunities abroad. Then there are those with an entrepreneurial spirit, driven by the desire to create employment rather than just seek it. This shift …

Read More »

Gold Rates Today November 17th 2023

Gold Rate in Pakistan today per tola

Investors and enthusiasts in the gold market closely monitored the gold rates on Friday, November 17, 2023, witnessing notable fluctuations in prices. The All Sindh Sarafa Jewellers Association provided insights into the day’s trends, revealing interesting dynamics in the precious metals market. Domestic Gold Rates: The per tola price of …

Read More »

Pakistani Rupee Gains Ground Against US Dollar on 16th November 2023

Rupee continues upward trend against dollar

In a positive development for the Pakistani economy, the Pakistani Rupee exhibited strength against the US Dollar in the interbank trading on Thursday. The local currency gained 77 paisa and closed at Rs 287.37 against the US Dollar, marking a notable improvement from the previous day’s closing at Rs 288.14. …

Read More »

Government Announces Substantial Reduction in Petroleum Prices for the Remainder of November 2023

Petrol Prices in Pakistan

In a significant move aimed at providing relief to the public, the interim government has announced a reduction in petrol prices by Rs2.4 per litre for the remaining days of November. The new prices, which came into effect from midnight on November 16, will remain applicable until November 30. The …

Read More »

Pakistani Rupee Devalues by 51 Paisa Against US Dollar on November 13, 2023

Rupee continues upward trend against dollar

The Pakistani Rupee experienced a 51-paisa devaluation against the US Dollar in interbank trading on Monday, closing at Rs 287.54 compared to the previous day’s closing at Rs 287.03. According to the Forex Association of Pakistan (FAP), the open market rates for the Dollar were reported at Rs 287 for …

Read More »

Gold Prices Surge on November 10th 2023

Gold Rate in Pakistan today per tola

In a notable turn of events, the price of gold experienced a significant upswing in the local and international markets on Friday, November 10th, 2023. The All Sindh Sarafa Jewellers Association reported a considerable surge in the per tola and 10-gram prices of 24 karat gold. According to the latest …

Read More »

Dollar Rates Today 7th November 2023: Pakistani Rupee Sees Depreciation

Rupee continues upward trend against dollar

The foreign exchange market in Pakistan witnessed fluctuations on Tuesday, 7th November 2023, as the Pakistani Rupee depreciated against the US Dollar and Euro, with varying movements in the exchange rates of other major currencies. US Dollar: A Marginal Depreciation In interbank trading, the Pakistani Rupee saw a slight depreciation …

Read More »
x