Business & Economy

WELLINGTON, Sept. 22 (Xinhua/APP):Mew Zealand’s dairy gaint Fonterra announced a strong set of results for the financial year ending July 31, 2022, reflecting a 2021/22 farmgate milk price of 9.3 NZ dollars (5.41 U.S. dollars) per kgMS (milk solids) and normalized profit after tax of […]

ISLAMABAD, Sep 22 (APP):The Indus River System Authority (IRSA) on Thursday released 164,700 cusecs water from various rim stations with inflow of 157,900 cusecs. According to the data released by IRSA, Tarbela Dam has already attained its maximum capacity level of 1550 feet and was […]

Istanbul, Sept 22 (AFP/APP): Turkey’s central bank on Thursday cut its policy rate for the second straight month despite an annual inflation rate that has reached 80 percent and still moving higher. The central bank said it was cutting its one-week repo rate to 12 […]

Washington, Sept 21 (AFP/APP):The Federal Reserve raised the key US interest rate again Wednesday and said more hikes are coming as it battles soaring prices — an aggressive stance that has raised fears of a recession. And Federal Reserve Chair Jerome Powell warned that the […]

Islamabad (PNI) The Governments of Japan and Pakistan agreed on debt deferral amounting to approx. US$160 million, as the last phase of “the G20 Debt Service Suspension Initiative (DSSI)”. Prior to this, both Governments agreed on the first debt deferral amounting to approx. US$370 million […]

SIALKOT, Sep 21 (APP): Ruling Ittehad Founders Group swept clean as it clinched all the ten seats of SCCI Executive Committee (five each from both Associate Class and Corporate Class) during the annual elections 2022-23. According to SCCI election results, Abdul Ghafoor Malik, Afzaal Bhatti, […]

Frankfurt, Sept 20 (AFP/APP): The European Central Bank is determined to stop soaring inflation becoming the norm, its president said Tuesday, as the coronavirus pandemic and the Russian invasion of Ukraine put lasting pressure on prices. The twin shocks have led to consumer price rises […]

Rawalpindi (PNI) Fauji Fertilizer Company (FFC) has been at the forefront in its endeavors to ensure food security and sustainability in the country through increased efforts pertaining to awareness of farmers, R&D initiatives and introduction of new agri techniques and better approaches to farming for […]

ISLAMABAD, Sep 18 (APP): Pakistan Railways had leased out as many as 4,694 acres of its precious land during the last four years to transform the department into profitable entity by generating more revenue. The leased-out land was located in seven divisions including Lahore, Karachi, […]

HYDERABAD, Sep 18 (APP):Following were the bullion rates in Hyderabad gold market on Sunday. Gold -Tezabi- 24ct Rs.133562/10 grams Gold -Tezabi- 22ct Rs.122432/10 grams Silver -Tezabi Rs. 1320/10 grams […]