The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 144th consecutive day on Tuesday. Meanwhile,… Read More
Pakistan Refinery Posts Massive Profit After Record-Breaking Increase in Petrol Prices
Pakistan Refinery Limited (PRL) has posted a profit-after-tax (PAT) of Rs. 12.08 billion, a big recovery for the nine months… Read More
Gold Rate Falls Again in Pakistan But Remains At Rs. 5 Lac per Tola
Gold prices in Pakistan fell for the second day in a row today in both local and international markets after… Read More
CDA Ends Cheque Payments, Moves All Vendor Transactions Online
The Capital Development Authority (CDA) has introduced a mandatory digital payment system for all transactions involving vendors and suppliers, marking… Read More
Govt Eyes Tiny Relief for Salaried Class, Higher Electricity Bills in Next Budget
The federal government will unveil the 2026-27 budget in the first week of June, with limited relief for the salaried… Read More
Pakistan Receives 2nd $1 Billion Saudi Deposit Tranche: SBP
Pakistan’s central bank said it has received $1 billion from Saudi Arabia’s finance ministry, completing the second tranche of a… Read More
IMF Sets 11 New Conditions for Pakistan to Unlock $1.2 Billion Tranche
Pakistan has agreed to 11 new conditions set by the International Monetary Fund as it seeks approval for the next… Read More
Court Grants Big Relief to Bank After FBR Tried to Tax Its Losses
The Appellate Tribunal Inland Revenue (ATIR), Lahore, has ruled that minimum tax under Section 113 of the Income Tax Ordinance,… Read More
FBR Announces Major Changes for Property Developers
Pakistan’s tax authorities have been directed to issue withholding tax exemption certificates to builders and developers within seven days, provided… Read More
Report Claiming Asim Munir Told Trump to Lift US Blockade is False
US President Donald Trump did not receive any advice from Field Marshal Asim Munir to lift a naval blockade on… Read More
Engro Fertilizer’s Profit Up 14% in Q1 2026 Despite Poor Urea Sales
Engro Fertilizer Limited (EFERT) announced its 1QCY26 results, reporting a net profit of Rs. 3.3 billion (EPS: Rs. 2.49), up… Read More
Pakistan Upsizes its New Eurobond to $750 Million After Strong Demand
Pakistan has expanded its return to global capital markets by increasing its Eurobond issuance to $750 million after strong investor… Read More
