The federal government has forecasted inflation to remain within the range of 5.8 percent to 6.8 percent in November 2024.… Read More
Islamic Banks’ Profits to Come Under Pressure Due to New SBP Requirements
In a recent directive issued by the State Bank of Pakistan (SBP), IFPD Circular No. 09 of 2024, the profit-sharing… Read More
Govt Likely to Increase Power Tariff in December 2024
The government will most likely notify an effective increase of 26 paise per unit in December power tariffs due to… Read More
PTA Issues Critical Security Alert Against Big Flaw in WordPress Plugin
The Pakistan Telecommunication Authority (PTA) has issued a Cyber Security Advisory highlighting a critical vulnerability in the WP Tools plugin… Read More
Bank Loans for Buying Cars Down 10.7% in October 2024
Car financing increased by Rs. 8 billion by the end of October to Rs. 236 billion compared to Rs. 228… Read More
PPL Reports Big Increase in Production of Natural Gas, Oil, LPG
Pakistan Petroleum Limited (PSX: PPL) today announced a big increase in hydrocarbon production and committed to the country’s energy security… Read More
PSX Posts Highest Ever Single Day Gains in 5 Months
Bulls jolted the KSE-100 index up by over 3,300 points during the first hour of trade just a day after… Read More
Internet Services Partially Restored in Islamabad, Rawalpindi
Mobile internet services began restoring in Islamabad and Rawalpindi on Wednesday morning after a three-day suspension. The disruption, caused by… Read More
Profit Repatriation Surges by 66% in First Four Months of FY25
The repatriation of profits and dividends from foreign investments in Pakistan increased to $807 million in July-October 2024-25, marking a… Read More
Finja Sells Off Operations to OPay
Finja has sold its operations to OPay, a leading global fintech platform. Finja was considered the pioneer startup and fintech… Read More
IHC Upholds SECP Orders Against Siddiq Moti
The Islamabad High Court (IHC) has delivered a landmark verdict, upholding the Securities and Exchange Commission of Pakistan’s (SECP) orders… Read More
Pakistan, China Ink 13 MoUs to Foster Joint Ventures in Animal Fodder, Fruits, Vegetables Processing Sectors
Pakistani and Chinese companies on Tuesday signed 13 memorandums of understanding (MoUs) valued at $250 million on fostering joint ventures… Read More
