Sui Southern Gas Company Limited (SSGC) finally announced a consolidated profit after tax of Rs. 2.263 billion in the financial… Read More
IMF Officials to Visit Pakistan in 2-3 Days: PM Shehbaz
The International Monetary Fund (IMF) will soon visit Pakistan to complete the 9th review. Prime Minister Shehbaz Sharif confirmed on… Read More
Rupee Closes At 227.14 Against US Dollar, Open Market Rate Goes Above 265
The Pakistani Rupee (PKR) fell against the US Dollar (USD) and posted losses during intraday trade today. It depreciated by… Read More
Banks Start Charging Dollar Transactions at Exorbitant Market Rates As SBP Refuses to Help
Banks have started settling international transactions through the open market since the State Bank of Pakistan (SBP) isn’t releasing any… Read More
Govt Receives Over 50 Applications for the Position of Chairman PTA
The Cabinet Division has received over 50 applications for the position of Chairman Pakistan Telecommunication Authority (PTA) since former chief… Read More
Miftah Ismail ‘Exposes’ Ishaq Dar But Regrets Doing So
Former Finance Minister Miftah Ismail has suggested that Ishaq Dar ran campaigns against him for more than six months before… Read More
Gold Rates Down By Over Rs. 5,000 Per Tola After US Dollar Rises
Gold prices in Pakistani markets nosedived on Thursday after international rates remained bearish despite expectations of inflation easing during 2023.… Read More
PM Personally Contacts IMF After Finance Ministry Mishandles Negotiations
Prime Minister Shehbaz Sharif on Thursday personally reached out to International Monetary Fund (IMF) Managing Director Kristalina Georgieva and implored… Read More
Bank Profits Could Fall Up to 11% if Govt Taxes Forex Income
The imposition of a 10-30 percent tax on the banking sector’s foreign exchange income will impact the profits of banks… Read More
Rupee Drops 12th Day in a Row After Dar’s Default Comments Hurt Markets
The Pakistani Rupee (PKR) fell against the US Dollar (USD) and posted losses during intraday trade today. It depreciated by… Read More
Pakistan’s Cement Sales Plunge 20.7% in First 6 Months of FY23
Pakistan’s cement sales declined by 20.73 percent in the first six months of the financial year 2022-23 as total cement… Read More
China and Saudi Arabia to ‘Help’ Pakistan Avoid Default: Ishaq Dar
Pakistan’s risk of default is expected to die away this month after forex inflows from China and Saudi Arabia. Finance… Read More
