GlaxoSmithKline Consumer Healthcare, a subsidiary of GlaxoSmithKline Consumer Healthcare B.V, has resumed production of its panadol range. According to a… Read More
Rupee Slides Further Against Dollar After Market Reacts to US Interest Rate Hike
The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Pakistan’s Cotton Output Falls by Massive 41%
Pakistan’s cotton output decreased by 41 percent year-on-year (YoY), according to the latest fortnightly data released by the Pakistan Cotton… Read More
Govt Raises Rs. 509 Billion Via Treasury Bills
The cut-off yields on Treasury Bills (T-Bills) were down by up to a single basis point in the auction of… Read More
Circular Debt Soars by Rs. 303 Billion to Rs. 2.6 Trillion in July-October
The power sector’s circular debt has increased by Rs. 303 billion to a staggering Rs. 2.6 trillion during the first… Read More
Pakistani Banks Post Highest-Ever Quarterly Profit of Rs. 85 Billion in July-September
Banks have hit their highest-ever quarterly earnings during 3QCY22. The top 16 banks have posted profits of Rs. 85 billion,… Read More
Rupee Drops Sharply Against US Dollar After ‘League of Legends’ Goes to China
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Rupee Kicks Off November With Gains Against US Dollar
The Pakistani Rupee (PKR) rose further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
Inflation Soars to Over 26% in October Due to Higher Food and Fuel Prices
Pakistan’s Consumer Price Index-based inflation increased to 26.6 percent on a year-on-year (YoY) basis in October 2022 as compared to… Read More
PTA Starts Biometric Verification of Multiple Fingers to Avoid SIM Fraud
Pakistan Telecommunication Authority (PTA) has initiated ‘multiple-fingers’ biometric verification activity for stronger SIM authentication and to counter the issue of… Read More
China Okays ¥500 Million Post-Disaster Aid for Pakistan
China has agreed to provide additional emergency assistance of 500 million Yuan to Pakistan for post-disaster reconstruction efforts. A Memorandum… Read More
PIA Posts Whopping Loss of Over Rs. 67 Billion in 9 Months of 2022
Pakistan International Airlines Corporation Limited (PIACL) has announced its financial results for the nine months ended 30 September 2022. It… Read More
