Per Tola Gold prices in Pakistan on Wednesday touched Rs 410278 with a gain of Rs 3500 which were all time high in history of Pakistan. The gold rate in Pakistan stood at Rs 406778 on Tuesday. Price of 10 gram gold also jumped up Rs 3001 to Rs 351747. Meanwhile, the price of gold…
Jazz and Telenor have welcome a decision of CCP relating to PTCL-Telenor merger, saying it will make more sustainable to the telecom industry, “Congratulations to PTCL on receiving CCP approval for the acquisition of Telenor Pakistan — Consolidation can make the telecom industry more sustainable by ensuring resources are invested in expanding services rather than…
The International Cricket Council has confirmed Saim Ayub as the top-ranked player in the latest ICC T20I all-rounders rankings following his impressive Asia Cup performance. Saim picked up eight wickets and scored 37 runs, overtaking India’s Hardik Pandya to secure the number one spot with 241 rating points in updated standings. Renowned initially for his…
The Competition Commission of Pakistan on Wednesday said that it could revoke the PTCL-Telenor Merger over alleged involvement in anti-competitive practices. CCP has announced strict conditions that PTCL management would have to comply. ” We can revoke the PTCL-Telenor Merger over anti-competitive practices and non-compliance of conditions,” CCP member Salman Ameen while addressing a press…
The Competition Commission of Pakistan has announced the merger between PTCL and Telenor after a detailed review of its impact on the telecom sector. This merger was described as one of the most complex agreements in the global telecom industry due to its involvement in multiple sub-markets. CCP ensured that a level playing field was…
Oil & Gas Development Company Limited (OGDC) on Wednesday announced a significant discovery of gas and condensate at Bitrism East-1 exploratory well, located in District Khairpur, Sindh. OGDC is the operator of the Bitrism Exploration License with 95% working interest, along with Government Holdings (Private) Limited (GHPL) holding 5% working interest. The Bitrism East-1 well…
The Competition Commission of Pakistan has approved conditional PTCL Telenor merger. CCP bench has signed decision and formal announcement was made in press conference. Sources confirmed the PTCL Policy Board has formally accepted the stringent terms set by the Commission, paving the way for a landmark regulatory announcement. The merger, valued at four hundred million…
Dollar holds steady against the Pakistani Rupee as exchange rates recorded minor fluctuations in both open market and interbank trading on Wednesday. On October 1, 2025, the US Dollar is available at Rs 282.65 in the open market, with a selling price of Rs 283.25 for buyers. The interbank exchange rate showed the US Dollar…
Investor optimism drives the buying rally at the Pakistan Stock Exchange, as the benchmark KSE-100 Index jumped nearly 1,000 points during early trade Wednesday. At 9:50am, the index was seen at 166,482.33 points, recording an increase of 988.75 points or 0.60 percent in the opening session. Strong buying was reported in automobile, banking, fertilizer, oil…
Islamabad Electric Supply Company (IESCO) provides electricity in Islamabad and the surrounding areas of the federal capital. The government applies a uniform tariff across the country. It is the most efficient company due to low losses and therefore, its tariff applies to the consumers of all other distribution companies (Discs). Therefore, you can check the…