The sales and production of home appliances have increased rapidly owing to the easing of pandemic-induced restrictions and the rise… Read More
Govt Disagreed to IMF’s Demand to Increase Taxes: Shaukat Tarin
Finance Minister, Shaukat Tarin, informed the Senate standing committee on Finance that the government did not agree to the International… Read More
Govt Raises Rs. 1.096 Trillion Through T-Bill Auction
The government raised Rs. 1.096 trillion, through the auction of treasury bills. Another Rs. 70 billion was also raised through… Read More
Rupee Continues to Fall With Big Losses Against All Major Currencies
The Pakistani Rupee (PKR) has been posting significant back-to-back losses against the US Dollar (USD) this week. It crossed the… Read More
Citi Pharma Raises Rs. 2.32 Billion in 2021’s Single Largest IPO
The book-building process of Citi Pharma’s Initial Public Offer (IPO) has concluded with an oversubscription of 2 times, according to… Read More
ECC Approves $17.3 Million for PIA to Pay Off Roosevelt Hotel’s Liabilities
The federal Minister for Finance and Revenue, Shaukat Tarin, chaired a meeting of the Economic Coordination Committee (ECC) of the… Read More
Cotton Sowing Completed on 84% of Target Area
Cotton sowing in Pakistan was completed on over 84 percent of the cotton target area, that is 1.96 million hectares… Read More
Emirates Group Posts Losses for the First Time in Over 30 Years
The Emirates Group announced its financial results for the financial year ending March 31, 2021. This is the first time… Read More
Pakistani B2B Startup Raises $3.2 million for its e-Commerce Marketplace
A B2B e-Commerce marketplace ‘Jugnu’ and its parent company Salesflo have raised nearly $3.2 million, or Rs. 518 million, from… Read More
G-20 Countries Suspend Repayment of $3.7 Billion Loan by Pakistan
The G-20 countries have suspended the repayment of $3.7 billion loan by Pakistan till the end of the current year.… Read More
Unity Foods Limited Appoints Sulaiman S. Mehdi as Its Chairman
Unity Foods Limited in a notification to the Pakistan Stock Exchange (PSX) announced the appointment of Sulaiman S. Mehdi as… Read More
Pakistani Rupee Undergoes Massive Losses Against All Currencies
The Pakistani Rupee’s (PKR) posted notable back-to-back losses against the US Dollar (USD) this week, crossing the Rs. 156 exchange rate on… Read More
