The cumulative water storage in major reservoirs i.e. Tarbela, Mangla, and Chashma was recorded at 11.506 million acre-feet (MAF) on… Read More
SECP Issues New Disclosure Requirements of Financial Statements by Listed Companies
SECP Issues New Disclosure Requirements of Financial Statements by Listed Companies The Securities and Exchange Commission of Pakistan (SECP) has… Read More
Govt Introduces More Incentives for Remittances to Pakistan
The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of… Read More
SBP Reserves Cross $9.4 Billion After Another Increase
The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $112 million on a… Read More
Moody’s Upgrades WAPDA Rating
Moody’s Ratings (Moody’s) has upgraded Pakistan Water and Power Development Authority’s (WAPDA) corporate family rating (CFR) to Caa2 from Caa3… Read More
SBP Designates Domestic Systemically Important Banks for 2024
The State Bank of Pakistan has announced the designation of D-SIBs for the year 2024 under the Framework for ‘Domestic… Read More
Pensioners Residing Abroad Drawing Pensions in Foreign Exchange
A number of pensioners, who are residing abroad are drawing their pensions in foreign exchange to which they are not… Read More
PSX Gains Over 350 Points After Moody’s Rating Upgrade
The 100-Index of the Pakistan Stock Exchange (PSX) turned bullish trend on Thursday and gained 356.88 points, showing a positive… Read More
Finance Minister Chairs Review Meeting with Joint Venture Investment Companies
Federal Minister for Finance Muhammad Aurangzeb chaired a review meeting with representatives from Joint Venture Investment Companies, including Pak-Brunei Investment… Read More
Pakistani Rupee Posts Losses Against US Dollar For Second Straight Day
The Pakistani rupee (PKR) depreciated by 19 paisa against the US dollar in the interbank trading and closed at Rs… Read More
Govt Has No Plan to Tax Imported Solar Panels: Minister
Minister of Energy (Power Division) Sardar Awais Ahmad Khan Leghari Thursday said that the government has no intention to impose… Read More
PSX Appoints Nadeem Naqvi as Interim CEO
The Pakistan Stock Exchange (PSX) has appointed Nadeem Naqvi as the interim Chief Executive Officer (CEO). Nadeem Naqvi, a Shareholder… Read More
