While rejecting media reports regarding the shortage of petroleum products, the Petroleum Division has clarified that sufficient stock of petrol… Read More
18 Million People May Lose Their Jobs in Pakistan: Asad Umar
Federal Minister for Planning, Development and Special Initiatives Asad Umar has stated that around 18 million people can lose jobs,… Read More
Inflation Drops For The Third Successive Month in April 2020
Pakistan’s consumer inflation, which is measured through the Consumer Price Index (CPI), decreased to 8.50% in April 2020 from 10.20%… Read More
Philip Morris Pakistan Reports a Profit of Rs. 361.40 Million for Q1 2020
Philip Morris Pakistan (PMPK) Limited, which is the second-largest tobacco company in Pakistan, announced its financial results for the first… Read More
Fuel Prices Reduced by Upto Rs. 30 Per Liter
The federal government has officially announced to reduce the prices of various petroleum products for May owing to the unprecedented… Read More
PSX Sends Proposals for Federal Government’s Budget 2020-21
Pakistan Stock Exchange (PSX) has sent proposals for the Federal Government’s Budget 2020-21 The proposals essentially focus on some impediments… Read More
HUBCO Plans to Convert Two Power Plant Units to Coal
Hub Power Company (HUBCO) is planning to convert two units of its base plant to coal from furnace oil and… Read More
Netsol Posts Huge Profits Despite COVID-19 Pandemic
One of Pakistan’s most prominent software houses, NetSol Technologies Limited, has announced its financial results for the third quarter that… Read More
SECP Advises Insurance Firms to Extend Coverage for Motor Insurance Policyholders
The Securities and Exchange Commission of Pakistan (SECP) has advised non-life insurance companies to grant a one-month free extension in… Read More
PM Imran & Bill Gates Discuss How to Resolve Covid-19 Situation Over Phone
Prime Minister Imran Khan has spoken to Bill Gates, co-chair of the Bill & Melinda Gates Foundation, to discuss the… Read More
PSO Reports 50% Drop in Profits Despite Regaining Market Share
Pakistan State Oil (PSO), the leading oil marketing company of Pakistan announced its financial results for the nine months of… Read More
Pakistan’s Military Expenditure Increased by 70% in the Past Decade
Pakistan’s military expenditure had surged by 70 percent during the 2010-19 decade to reach $10.3 billion. An annual report by… Read More
