In a positive development, the government is inching closer towards a settlement with Independent Power Producers (IPPs) concerning the downward… Read More
Pakistani Rupee Continues to Lose Value Against the US Dollar
After losing 14 paisas against the US Dollar on the first trading day of the year, the Pakistani Rupee lost… Read More
Cherat Packaging to Add Another Polypropylene Line
Cherat Packaging Limited, a leading packaging producer listed on Pakistan Stock Exchange (PSX), has announced plans to install a fourth… Read More
Oil Sales Grow by 12 Percent in First Half of FY2020-21
In the first half of the fiscal year 2020-21 (July to December 2020), oil sales shot up to 9.8 million… Read More
Here’s How Petroleum Division Streamlined Oil and Gas Sector Operations in 2020
During the year 2020, the Petroleum Division (PD) aligned its strategy to streamline the matters related to the oil and… Read More
Pakistani Rupee Begins the Year With a Slight Loss Against the US Dollar
The first shift for the Pakistani Rupee’s exchange rate against the US Dollar in 2021 came as a loss of… Read More
NAB Has Recovered More Money in 3 Years Than It Did in 2 Decades
The National Accountability Bureau (NAB) released its three-year performance report on Sunday, showing a recovery of Rs. 487 billion. However,… Read More
Pakistan Records Highest Ever Exports for December
Adviser to Prime Minister of Pakistan for Commerce and Investment, Abdul Razak Dawood, said on Friday that Pakistan’s exports for… Read More
PSX Poised to Reach a New High in 2021, Expected to Cross 55K
BMA Capital Management Limited, a brokerage house has released a report on Pakistan’s Investment Strategy for 2021 and has made… Read More
PM to Take Nation into Confidence Before Electricity Tariff Hike
The government is contemplating increasing the electricity tariff by Rs. 3.3 per unit by mid-January, additional taxation of up to… Read More
Govt Launches Agri-Dashboard to Monitor Food Prices and Prevent Hoarding
Prime Minister Imran Khan approved the online agri-dashboard developed by National Security Division. This dashboard will monitor food prices and… Read More
SBP Forex Reserves Decrease by $65.3 Million
The foreign exchange reserves of the State Bank of Pakistan (SBP) fell by $65.3 million weekly. According to the central… Read More
