The federal government of Pakistan has reduced electricity tariffs across all consumer categories in an effort to provide relief to… Read More
US Markets Suffer Worst Plunge Since 2020, Oil Down 6% After Trump’s Tariff Bomb
The US stock market has suffered its worst plunge since 2020, while global oil prices are down 6 percent in… Read More
Pakistan’s Foreign Reserves Up by $70 Million
The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $70 million on a weekly basis,… Read More
Pakistan’s Trade Deficit Shrinks By 7.5% in March 2025
Pakistan’s trade deficit decreased by 7.5 percent year-on-year (YoY) in March 2025 to $2.119 billion as compared to a deficit… Read More
PSX Closes At New All Time High After Govt Announces Huge Cut in Power Tariff
Bulls reigned supreme at the main bourse today as investors poured in more money into equities following the federal government’s… Read More
Rupee Starts April in Red Against Top Currencies
The Pakistani rupee (PKR) closed in red to start the fourth month of 2025 against the US Dollar (USD) today… Read More
Electricity Price Cut Announced by PM Shehbaz
Prime Minister Shehbaz Sharif on Thursday announced a big electricity tariff reduction applicable to all categories of domestic consumers. Addressing… Read More
Pakistan’s Inflation At its Lowest in Over 3 Decades
Pakistan’s Consumer Price Index (CPI)-based inflation slowed to 0.7 percent on a year-on-year basis in March 2025, compared to an… Read More
TPL Properties Discovers Gas Pocket in Karachi
TPL Properties Limited (PSX: TPLP) has reported the discovery of an underground gas pocket during a preliminary site investigation at… Read More
Consortium Withdraws Bid to Purchase 69% Stake in Engro Powergen
Liberty Power Holding, Soorty Enterprises, and Procon Engineering have withdrawn their public announcement of intention (PAI) to acquire a 68.89… Read More
Govt Issues Cyber Alert Against Alleged Oracle Cloud Data Breach
The National Computer Emergency Response Team (NCERT) has issued an advisory warning organizations about an alleged data breach on Oracle… Read More
Pakistanis Donate Rs. 619 Billion in Zakat in 2024
A survey has revealed that 50 million Pakistanis contributed Rs. 619 billion ($2.19 billion) in Zakat in 2024, more than… Read More
