The price of 24 karat per tola gold remained unchanged and was sold at Rs. 273,200 on Saturday. The 24-karat… Read More
179 Presumed Dead in Plane Crash in South Korea
A Jeju Air flight traveling from Bangkok, Thailand, to South Korea met with a catastrophic accident on Sunday upon its… Read More
Govt Saves Rs. 1 Trillion By Renegotiating IPP Contracts
The government has achieved Rs. 1 trillion in savings through renegotiated agreements with Independent Power Producers (IPPs), Power Minister Awais… Read More
Govt Reverses Lending Tax on Banks But Hikes Corporate Tax to Collect Rs. 70 Billion
In a recent development, the Federal Cabinet has approved the promulgation of an Income Tax Ordinance to implement changes in… Read More
FBR to Cancel Licences of Customs Agents for Misdeclaration and False Statements
The Federal Board of Revenue (FBR) has decided to cancel the licences of customs clearing agents for violations like misdeclaration… Read More
Losses Under State-Owned Enterprises Spike to Near Rs. 6 Trillion
Pakistan’s state-owned enterprises (SOEs) losses hit a staggering loss of Rs. 408 billion, bringing accumulated losses since 2014 to Rs.… Read More
FBR to Block Both Current and Savings Accounts of Non-Filers
The Federal Board of Revenue (FBR) will now block the current and savings accounts of non-filers. Sources informed ProPakistani that… Read More
Packages Limited to Inject Rs. 3 Billion into StarchPack
The Board of Directors (BoD) of Packages Limited (PSX: PKGS) has accorded its approval for injection of up to Rs.… Read More
SBP Announces Bank Holiday on January 1
The State Bank of Pakistan (SBP) has declared January 1, 2025 (Wednesday) a bank holiday. “The State Bank of Pakistan… Read More
SECP Approves Guidelines for Stock Split by Listed Companies
The Securities and Exchange Commission of Pakistan (SECP) has given approval to the Pakistan Stock Exchange Limited (PSX) to issue… Read More
Short-Term Inflation in Pakistan Clocks in at 5.1%
The Sensitive Price Index (SPI) based inflation for the week ended December 26, 2024, increased by 5.08 on a year-on-year… Read More
Rupee Ends Week in Red Against US Dollar After Drop in SBP Reserves
The Pakistani rupee (PKR) closed in red against the US Dollar (USD) today after opening trade at 279 in the… Read More
