The Cabinet Committee on Institutional Reforms Friday recommended curtailing 150,000 vacant positions, banning contingency recruitment, and outsourcing non-core services like… Read More
TAL Joint Venture Announces Discovery of Gas Condensate in Kohat District
The TAL Joint Venture, comprising MOL Pakistan Oil & Gas Co. B.V. (Operator), Oil & Gas Development Company Limited (OGDCL),… Read More
CCP Imposes Rs. 5 Million Penalty on Diamond Paints for Deceptive Marketing
The Competition Commission of Pakistan (CCP) has taken decisive action against Diamond Paint Industries (Pvt) Ltd., imposing a penalty of… Read More
Pakistan’s Large-Scale Manufacturing Grows Marginally in FY24
Pakistan’s Large Scale Manufacturing (LSM) sector has shown a growth of 0.92 percent during fiscal year 2023-24 (FY24) when compared… Read More
Imad Memon Appointed IT Division’s Member International Coordination
The government has appointed Imad Memon, as Member (International Coordination), and gave extension to Syed Junaid Imam as Member (IT),… Read More
FrieslandCampina Engro Pakistan Profit Declines By 6% to Rs. 1.26 Billion in H1 2024
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first half of the year, concluding on 30th June,… Read More
Rupee Ends Week With Encouraging Gains Against US Dollar, Euro
The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
PTA to End Illegal Use of Mobile Phone SIMs
The Pakistan Telecommunication Authority (PTA) has begun a phase-wise initiative to block illegal mobile phone SIMs across the country. In… Read More
Short-Term Inflation Falls Slightly as Fuel Prices Decline
The Sensitive Price Index (SPI)-based inflation for the week ended August 15, 2024, decreased by 0.16 percent mainly due to… Read More
Gold Rate in Pakistan Equals Record High After Slight Increase
The price of gold in Pakistan rose by Rs. 300 per tola on Friday to erase yesterday’s losses and once… Read More
Internet Disruption is A Matter of Public Interest: LHC
Lahore High Court Justice Shakeel Ahmed reserved judgment on a petition challenging the nationwide internet disruption, stating, “This is a… Read More
Engro Polymer Posts Rs. 1.6 Billion Loss for H1 2024
Engro Polymer & Chemicals (EPCL) announced its 2Q2024 result today, where the company recorded a consolidated loss of Rs. 688… Read More
