Bitcoin fell 13% on Sunday after the world’s biggest and best-known cryptocurrency suffered another sell-off that left it down nearly 50% from the year’s high.Bitcoin fell to $32,601 at 1800 GMT (2 p.m. ET), losing $4,899.54 from its previous close. It hit a high for the year of $64,895.22 on April 14.Ether, the coin linked […]
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Two British chemists who developed a super-fast DNA sequencing technique that paved the way for revolutionary healthcare advances were on Tuesday awarded Finland’s version of the Nobel science prizes.Cambridge University professors Shankar Balasubramanian and David Klenerman took home the 1 million euro ($1.22 million) Millennium Technology Prize for their work over 27 years creating ever […]
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KARACHI: After the suspension of two years, the Pakistan International Airlines (PIA) has resumed flight operation for Balochistan’s Zhob district. As per details, the PIA has resumed flight operation for Zhob and after two years, an ATR plane PK-528 landed at Zhob airport from Karachi, while PK-529 departed for Karachi from Zhob.The passengers can now […]
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The United States Dollar Friday further weakened against the Pakistani rupee and fell at the lowest value in the last 22 months. According to the financial reports, the Pakistan Rupee gained 20paisa against the US dollar in the inter-bank market. At the Inter-bank Foreign Exchange (IFEX), the dollar fell from RS152.60 to RS152.28. Pertinent to […]
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Adviser to Prime Minister of Pakistan for Commerce and Investment has confirmed that international retailer company and world’s top ecommerce website Amazon will be adding Pakistan in its Sellers’ List within a few days. In a tweet uploaded on Thursday, Razak Dawood said, “We have been engaged with Amazon since last year and now it’s […]
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Pakistan’s exports to Japan have jumped by 40 percent in the first quarter (January-March) of 2021 compared to the last quarter of 2020 (October– December). The increase is more than 47 percent when compared to the same period last year January– March 2020. These trade figures have been released recently by Japan’s Ministry of Finance. […]
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KARACHI: The government reduced the cut-off yields by up to 15 basis points and raised Rs708 billion through the auction of treasury bills (T-bills) on Wednesday.The bids pattern shows that investors are also keen on investing in the short-term T-bills. The government raised the highest amount of Rs347.4bn for benchmark six-month T-bills.Market experts believe that […]
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The price of 24-carat gold fell by Rs700 per tola and reached at Rs103,600 at the closing time of the trading, quoting Sarafa Bazaar Association. Due mostly to a reduction in the global market, the price of gold in Pakistan suffered a notable decline of Rs 700 on Monday. 24-karat gold per tola saw a […]
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Britain is looking into the possibility of creating a digital currency that households and businesses could use instead of cash — an initiative the finance minister dubbed “Britcoin”. The use of cash has fallen during the coronavirus pandemic as people try to avoid contact, and several central banks across the world are considering whether to […]
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The Oil and Gas Regulatory Authority (OGRA) has recommended a reduction in the price of petroleum products for the next 15 days. Former Pakistani Prime Minister Imran Khan criticized the Shehbaz Sharif administration once more while mentioning India, following the federal government’s PKR 30 per litre increase in the price of gasoline and diesel. The […]
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