The Sensitive Price Indicator (SPI) based inflation for the week ended February 2, 2023, recorded an increase of 2.82 due… Read More
Pakistan’s Cement Sales Plunge 19% in First 7 Months of FY23
Pakistan’s cement offtake declined by 19 percent year-on-year (YoY) in the first 7 months of the financial year 2022-23 as… Read More
Cotton Shortage Likely as Production Falls by 36%
Pakistan’s cotton output decreased by over 36 percent year-on-year (YoY), according to the latest fortnightly data released by the Pakistan… Read More
Roshan Digital Account Inflows Drop for 7th Straight Month in January
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at a total of $5.686 billion by the end… Read More
FBR Directs Taxmen to Give Undertaking Regarding Private Consultancy
All Inland Revenue Service (IRS) officials/officers would submit undertakings/declarations to the Federal Board of Revenue (FBR) that they are not… Read More
SECP Revises Date for Applicability of IFRS 9 for NBFCs, Modarabas
The Securities and Exchange Commission of Pakistan (SECP) has revised the effective date for applicability of International Financial Reporting Standard… Read More
HEC Proposes Ban on New Universities During Economic Crisis
The Vice Chancellors (VCs) of all public sector universities have urged the government to revive the Higher Education Commission (HEC)… Read More
IT Ministry Prepares Initial Draft of Data Governance Policy
The Ministry of IT and Telecommunication (MoITT) has prepared an initial draft of the Data Governance Policy. According to the… Read More
Oil Industry Has Lost Billions Due to Rupee Devaluation, Fuel Shortage Imminent: OCAC
The Oil Companies Advisory Council (OCAC) has highlighted the severe impact of the recent depreciation of the Pakistani Rupee and… Read More
IMF is Giving Very Tough Time to Ishaq Dar, Admits PM Shehbaz
The International Monetary Fund (IMF) delegation is giving Finance Minister Ishaq Dar and his team a “very tough time,” admitted… Read More
NSTP Adds AlfaBolt, OrbitEd, PriceOye to its Ever-Evolving Startup Roster
The National Science and Technology Park (NSTP) of the National University of Science and Technology (NUST) has approved three new… Read More
Political Consensus Needed to Set Up $12 Billion Aramco Refinery Unit in Pakistan
The establishment of the $12 billion oil refinery in Pakistan hinges on political consensus, cabinet approval, and restrictive conditions proposed… Read More
