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Ali Ahmed

ECC allows Sugar, Cotton import from India
Business & Finance

ECC allows Sugar, Cotton import from India

  • He said that the private sector could import up to 500,000 metric tons of sugar from India.
  • Hammad Azhar said that they have decided to reduce the prices of petrol and diesel by Rs 1. 50 and Rs 3 per litre, respectively.
  • On the proposal of the Ministry of Commerce, the ECC has decided to allow cotton import from India as well, which will benefit our SMEs, said Azhar.
Updated 31 Mar, 2021 05:08pm
Dollar drops to two-year low against Pakistani Rupee
Markets

Dollar drops to two-year low against Pakistani Rupee

  • After a high of Rs 168.43 on August 20, the dollar has depreciated by Rs 15.23 so far.
  • As per local media reports, the trading session of the second day of the business week today, the dollar lost 95 paise in the interbank market as the dollar dropped to Rs 153.20 at closing.
Updated 30 Mar, 2021 04:01pm
Notification issued: Hammad Azhar appointed as Finance Minister
Business & Finance

Notification issued: Hammad Azhar appointed as Finance Minister

  • “In exercise of the powers conferred by clause (3) of Article 92 of the Constitution of the Islamic Republic of Pakistan, the President, on the advice of the Prime Minister, has been pleased to approve the removal of Dr. Abdul Hafeez Shaikh as Federal Minister, with immediate effect,” read the notification.
Published 30 Mar, 2021 11:55am