The price of gold in Pakistan posted its first major increase of the current month on Wednesday. According to local… Read More
Rating Upgrade Will Ease Pakistan’s Access to International Markets: Finance Minister
Finance Minister Muhammad Aurangzeb informed the Senate Standing Committee on Finance and Revenue on Wednesday that a B rating upgrade… Read More
SECP Eyes 70% Women-Based Clientele By NBFMCs in Next 5 Years
The Securities and Exchange Commission of Pakistan (SECP) has unveiled the Women Equality in Finance Policy Framework (WEFP) for Non-Bank… Read More
Rupee Miserably Loses More Value 2nd Day in a Row Against US Dollar
The Pakistani rupee (PKR) lost further ground 2nd day in a row against the US Dollar (USD) today after opening… Read More
Only 1 in 5 Pakistanis Believe Country is Headed in Right Direction: Survey
Only 1 in 5 Pakistanis believe that the country is headed in the right direction with males and lower income… Read More
NEPRA Conducts Public Hearing on K-Electric’s Rs. 68 Billion Write-Off Claims
The National Electric Power Regulatory Authority (NEPRA) today concluded its hearing on annual claims between FY17 and FY23 of unrecoverable… Read More
ADB Revises Pakistan’s FY25 Growth Forecast Upwards
Pakistan’s gross domestic product (GDP) growth is projected to grow further by 3 percent in fiscal year 2025 compared to… Read More
Nauman Chughtai Appointed President and CEO MCB Bank
MCB Bank Limited (PSX: MCB) has appointed Muhammad Nauman Chughtai as President & CEO of the Bank. “The existing term… Read More
OGDC-Led JV Wins Bid for 49% Stake in Exploratory Block Located in KP
A Joint Venture (JV) led by Oil and Gas Development Company Limited (PSX: OGDC) has won the bid for a… Read More
ADB Approves $330 Million for Federally Administered Social Protection Programs
The Asian Development Bank (ADB) has approved $330 million in additional financing to strengthen Pakistan’s federally administered social protection programs… Read More
Development Spending Falls 21% Below Target in First 4 Months of FY25
Development expenditure in Pakistan has significantly decreased in the first four months of the current fiscal year. From July to… Read More
Electricity Companies Lose Rs. 661 Billion in FY24 Due to Non-Recovery of Bills, Distribution Failures
Electricity distribution companies (DISCOs) suffered massive financial losses exceeding Rs. 661 billion in the fiscal year 2023-24, according to a… Read More
