Domestic markets edged lower amid excessive volatility and lost over one and a half per cent, tracking feeble global cues. The tone was negative from the beginning, which further deteriorated with a decline in world indices however rebound on Friday trimmed some losses. Benchmark indices Nifty 50 and Sensex, settled at 22,147 and 73,088.33 levels … Read more
Elon Musk postponed a visit to India which would have included a meeting with Prime Minister Narendra Modi, saying he must tend to pressing issues at Tesla Inc. “Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year,” the billionaire … Read more
KARACHI: The 10 gram and one tola gold rates climbed to an all-time high of Rs216,221 and Rs252,200 on Saturday — up by Rs1,286 and Rs1,500 on the Friday figures. As per rates issued by All Sindh Saraf Jewellers Association (ASSJA), gold rates surged on Saturday due to an $11 per ounce rise in the … Read more