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Tag Archives: Imran Khan

Imran, Qadri marches: Rupee continues to lose value against dollar

KARACHI: Pakistani rupee continued to lose value as it plummeted 70 paisas against US dollar in the inter-bank market as later touched the Rs 101.10 mark. Traders and businessmen are worried due to this political standoff because this situation would further curtail the value of local currency against dollar. Analysts reflected that if the current political scenario continued to prevail ... Read More »

Economy suffers as Qadri takes sit-in into Red Zone

ISLAMABAD: Imran Khan’s call for civil disobedience has sparked anger amongst the business community as economy has already suffered billions of rupees losses in a few days of political standoff. The Karachi Stock Exchange lost 222 points on Tuesday as panic and fear gripped the shareholders. On another note, Tahirul Qadri’s call to his die-hard supporters to march towards Red ... Read More »

Imran Khan, Qardi sit-ins keep foreign business delegations away

ISLAMABAD: Various high-level foreign delegations, investors and businessmen have cancelled their visits to Pakistan as political unrest gripped the capital city due to Azadi and Inqilab marches of Imran Khan and Tahirul Qadri. Both the leaders have announced to march into the Red Zone where security has been handed over to Pakistan Army. The International Monetary Fund (IMF) cancelled its ... Read More »

Imran’s march on Red Zone: KSE sheds 222 points

KARACHI: The prevailing political turmoil continued to take toll on all sorts of economic activities across the country as stocks saw a huge fall as Karachi Stock Exchange-100 Index declined by more than 222.03 points and reached the level of 28,630 in today trading session. Analysts reflected that if the current political scenario prevailed, the situation in stocks would also remain ... Read More »

Imran’s civil disobedience call: KSE drops 65 points

KARACHI: Karachi Stock Exchange 100-index went sliding down by 65.60 points (-0.23 per cent)  to stand at 28852.15 points after the call of civil disobedience from Pakistan Tehreek-e-Insaf Chairman Imran Khan. After its closure on weekend KSE 100-index has lost 211 points in first forty minutes trading touching bottom line of 28681.31 points, however, it gains 250 points in next two hours ... Read More »

Sialkot Dry Port chairman calls for amicable solution to political crisis

SIALKOT: Sialkot Dry Port Trust (SDPT) has suspended all the transport services across the country following the prevailing political unrest in the country. Sialkot Dry Port Trust (SDPT) Chairman Muhammad Ishaq Butt told Customs Today that the SDPT has suspended its transport services in a bid to avoid the damages and losses to the containers carrying the export and import ... Read More »

Azadi march ‘mania’ hampering foreign investment: Dastgir

ISLAMABAD: Federal Minister of Commerce Engineer Khurram Dastgir has warned the politicians that unconstitutional acts like long march may hampered foreign direct investment in country which will cost billions of loss to national exchequer. In a statement issued, he said that if trade representatives and investors who had invested in 16,000 MW power projects withdrew their investment ahead of political ... Read More »

Tax directory: 100 MPs yet to file their tax returns

ISLAMABAD: At least 100 out of 1,172 parliamentarians belonging to all political parties did not pay their taxes as per the tax directory of MPs issued by Federal Board of Revenue (FBR).  “To date, all the parliamentarians have obtained NTNs and out of a total of 1,172 parliamentarians, 1,072 have filed their income tax returns for the tax year ending ... Read More »