Pakistan News

    Kirloskar Dg Set Dealers In Hyderabad Charminar

  • Currency dealers see ‘exchange rate bubble’ set to burst

    KARACHI: The exchange rate has been stable for more than 100 days now, but experts in the inter-bank market see a bubble that may burst in the next two months, experts and currency dealers said...

    Experts see no demand for the US dollars in the open market, but are of the view that primary dealers in the inter-bank market are under pressure from the State Bank to keep the exchange rate stable...

  • MQM set to secure top positions in Hyderabad Municipal Corporation

    HYDERABAD:The Muttahida Qaumi Movement (MQM), for the first time since 1987, looks set to repeat history in Hyderabad Municipal Corporation by securing the slots of HMC’s mayor and deputy mayor...

    It trounced Jamaat-i-Islami and Jamiat Ulema Pakistan (Noorani) backed ten-party alliance — Tameer-e-Ittehad Hyderabad — formed on a one-point agenda: to beat the MQM...

  • Jordanian officials sold CIA-supplied weapons to arms dealers: report

    WASHINGTON: Jordanian intelligence officials stole millions of dollars of weapons that the CIA and Saudi Arabia had supplied for Syrian militants, then sold them on the black market, The New York Times and Al Jazeera reported...

    The military equipment had been shipped into Jordan as part of the Central Intelligence Agency's secret program to train and equip 'moderate Syrian rebels' to fight government troops loyal to Syrian President...
  • PFA asks honey dealers to ensure hygiene

    LAHORE: The Punjab Food Authority has warned the honey manufacturers to meet food standards as per the PFA rules and regulations, otherwise strict action will be taken against them...

    The PFA has circulated a notice to all honey manufactures under the PFA Act 2011 to adopt Standard Operating Procedures (SOPs) of food and contact with PFA’s officials till Nov 9
  • Dealers of power generators dread end of loadshedding

    KARACHI: The prime minister’s announcement that loadshedding will end by November has made the importers/dealers of power generators uncertain about their future business prospects...

    They believe the government, which had failed to honour its earlier commitment to end loadshedding within the first few months of its current term, now appears set to overcome the power crisis to win votes in the election next year...

  • SBP surprises currency dealers with 1pc margin

    KARACHI: The State Bank has allowed exchange companies to charge up to one per cent as spread between buying and selling, surprising even currency dealers who were doing business with half a per cent spread...

    Currency dealers said 1pc spread is too high since they were doing business with half a per cent spread — earning 75 paisa on a currency having a value of Rs150 for example...

  • Dealers charging premium for new motorbike

    KARACHI: Some dealers are charging “premium or on money” on spot sale of newly launched locally assembled Japanese bike as buyers cannot buy it at company’s fixed price...

    The new Yamaha 125cc was introduced in the last week of April, but some authorised dealers at Akbar Road, Karachi’s main motorbike market, after running out of stocks were insisting buyers to book the bike which would be delivered either after 12 days or in the...

  • ‘Stolen’ car dealers arrested

    They set a meeting but the seller changed locations twice and later met them near Carriage Factory and showed a Toyota Corolla, registered with Lahore Excise and Taxation Department, the police said, adding he demanded Rs1...

  • Delay in new car number plates irks buyers, dealers

    According to car dealers, the conservative estimate is based on Rs500 per plate collected by the provincial government on registration of 200 vehicles daily on average in the last 300 days...

    Car dealers have informed the Sindh Excise and Taxation Department that number plates were not being issued for vehicles being registered in Karachi of the series BCA onwards since August 2014...

  • Currency dealers assured of dollar supply at Rs103

    KARACHI: The State Bank of Pakistan (SBP) has for all practical purposes set the US dollar rate at Rs103...

    20 for the open market and assured currency dealers unlimited supply of the greenback at Rs103 from the National Exchange Company and Habib Exchange Company...

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