Business

After a bearish trend yesterday, PSX which lost 1300 point in a day to record low 37898 and value of rupee declined significantly in kerb markets after trading had been halted. Economic and political instability, with government's decision to get IMF's bailout package, has resulted in mixed signals in Pakistan's...

Toyota Indus Motor Company Ltd (IMC) has decided to introduce Toyota Vios while to discontinue Toyota Corolla GLi in Pakistan. IMC sources have confirmed the news. Last Year in September, Toyota IMC said they will not launch Toyota Vios and Yaris aka Vitz 1000cc vehicles in Pakistan however, It appears increasing...

In continuation of FBR's policy of facilitation of taxpayers and ensuring ease of doing business, IT wing has launched Iris-ADX (Asynchronous Data eXchange), an application that allows the taxpayers / E-intermediary to prepare data related to Income Tax return and Wealth statement in Offline mode. The taxpayer / El will...

Automobile News - Master Motors signed an agreement with Changan Motors (China) on June 29, 2018. The Chinese automaker Changan will be investing 100 million USD in Pakistani Market. The International Engineering & Machinery Asia Expo 2018 was held at Lahore on September 2, 2018 where Master Motors unveiled the...

BUSINESS - Apple Inc. shares hit record highs on Thursday after it said it would host an event on 12 September at its Cupertino campus where it is widely expected to unveil new iPhone models. At one point its shares rose to more than $228 each amid speculation that Apple plans to...

Karachi – 28th August, 2018: The Board of Directors of Indus Motor Company (IMC) Ltd. met on August 28, 2018 to review the company's financial and operating performance for the year ended June 30, 2018. The company posted net sales revenue of Rs. 140.2 billion, up by 25% as compared...

The world’s largest travel website AirHelp, has unveiled its recent airline ranking list  in which Pakistan International Airline (PIA) Pakistan’s national flag carrier occupying 3rd worst airline in the world. which helps travelers to compensate for the delays and cancellations in flights, Pakistan International Airlines (PIA) has been ranked at 70th spot...

United Bravo 800cc hatchback car considered as the market competitor of Pak Suzuki's Mehran set to launch in September.  Much awaited United Bravo is all geared up to compete with Pak Suzuki Mehran in 800cc classification, although Suzuki Mehran has the edge of Spare parts, Resale and market value yet United Bravo is...

Not surprising as Atlas Honda revised the prices, Yamaha Motor Pakistan also surged the prices of YBR125, YB125Z and YBR125G motorbikes in Pakistan from 15th of  August 2018. The copy of the notification circular below clearly states new prices of these above mentioned motorbikes will be effective from 15th August...

Following the footsteps of Pak Suzuki, Atlas Honda has revised the prices of Motorbikes in issued notification circular on 31st July effective from 1st August 2018. According to Atlas Honda in suggested Price List of Honda Motorcycles  CD-70, CD-70 DREAM, PRIDOR, CG-125, CB-150F and CB-250F prices were hiked with effect...

Pak Suzuki once again increased the prices of Automobile consecutive 4th time this year although US Dollar started to fall against Pakistani Rupee this week. As Per circular notification issued by the company has sent to the dealerships on 31st July  2018 to be effective from 1st August 2018.  Revision...

Surprising day for Pakistan as US Dollar dives down at Rs. 121.57 against Pakistani Rupee approximately 6.2% in a day.  Earlier we reported InterBank US Dollar rate continues to decline and In open Market Dollar nose dived at closing hour on monday. Dollar dives 6.2pc against Rupee in International Market Inflow...