The Pakistani rupee (PKR) closed in red against the US Dollar (USD) on Monday. On a day-on-day (DoD) basis, the… Read More
5G Auction Faces 4-Month Delay Due to Telenor-PTCL Merger Uncertainty
Pakistan’s much-anticipated 5G spectrum auction is expected to be delayed by at least four months, primarily due to the Competition… Read More
PSX Announces Holiday on May 28
The Pakistan Stock Exchange (PSX) will remain closed on Wednesday, May 28, on the occasion of Youm-e-Takbeer. “All concerned are… Read More
IMF Delegation Arrives in Pakistan for Crucial Budget Talks
A delegation from the International Monetary Fund (IMF) has arrived in Pakistan to kick off negotiations for the upcoming fiscal… Read More
Bill Requiring Drug Tests in Educational Institutes Rejected
The Senate Standing Committee on Interior, chaired by Senator Faisal Saleem, convened to discuss various critical issues, including legislation aimed… Read More
Govt Launches Phase-II of Auctioning Outdated Thermal Power Plants
The federal government has initiated the second phase of auctioning outdated thermal power plants installed between 1970 and 1990. The… Read More
Govt Commits to Clear Rs. 2.4 Trillion Circular Debt By End of Current Fiscal Year
Pakistan has committed to clearing the Rs. 2.4 trillion circular debt stock by the end of fiscal year 2025. The… Read More
Govt Unhappy With FBR Spending Rs. 2.2 Billion to Buy 179 Cars
The Planning Commission has raised objections to the Federal Board of Revenue’s (FBR) proposal to spend Rs. 2.237 billion on… Read More
Pakistan Investor Summit 2025 Hosts Over 100 Startups and 400 Participants
The Pakistan Investor Summit 2025 – Summer Edition, hosted at NIC Karachi, concluded after five dynamic days that brought together… Read More
IMF Cuts Pakistan’s GDP Forecast to 2.6% With Exports Set to Fall
The International Monetary Fund (IMF) has cut Pakistan’s GDP growth forecast for FY2024–25 to 2.6 percent, down from 3.2 percent… Read More
Pakistan’s Startup Funding Crashes By 70%
Pakistan’s startup ecosystem experienced a sharp decline in investor confidence during 2024, with venture capital funding falling by 70 percent… Read More
All Provinces to Launch New IMF-Backed Property Tax in FY26 Budget
The International Monetary Fund (IMF) has acknowledged that all four provincial authorities are working to develop a harmonized property taxation… Read More
