To streamline the identity verification process for telecom service providers in Pakistan, the Pakistan Telecommunication Authority (PTA) and NADRA Technologies… Read More
Rupee Posts Gains Against Popular Currencies After 3 Days
The Pakistani rupee (PKR) recovered against the US Dollar today after opening trade at 278 in the interbank market. It… Read More
NAB Launches Inquiry into PTA’s Failure to Recover LDI & WLL Dues
The National Accountability Bureau (NAB) has initiated an inquiry into the Pakistan Telecommunication Authority’s (PTA) alleged failure to recover billions… Read More
SBP Has Enough Room to Cut Key Interest Rate By 6% in FY25: JP Morgan
JP Morgan has projected foreign exchange reserves held by the State Bank of Pakistan (SBP) to increase to $15 billion,… Read More
Here’s How Much Govt Will Pay IPPs as Capacity Payments This Year
The federal government has finalized the estimated payments to be paid to independent power producers (IPPs) in terms of capacity… Read More
Gold Price in Pakistan Falls Cancelling Yesterday’s Gains
After posting an increase of Rs. 2,300 per tola on Wednesday, the price of gold fell by the same amount… Read More
Current Govt Has Been The Worst for Economy: Business Owners
Calling the government of Prime Minister Shehbaz Sharif a “worse” manager of the economy, the country’s business owners have become… Read More
PM Reaffirms Pakistan’s Commitment to Lend Full Support to ECO
Amb. Khusrav Noziri, Secretary General of the Economic Cooperation Organization (ECO) called on Prime Minister Shehbaz Sharif at the Prime… Read More
FFBL Posts Highest Ever Quarterly Profit of Rs. 6.2 Billion in Q2 2024
Fauji Fertilizer Bin Qasim (PSX: FFBL) announced its 2QCY24 financial result today, where it recorded its highest-ever unconsolidated quarterly profit… Read More
NADRA Resumes Issuing Birth and Death Certificates for CDA After Payment of Dues
Chairman CDA & Chief Commissioner Muhammad Ali Randhawa took swift action to resolve the suspension of birth and death registration… Read More
Salaried Class Paid Staggering 232% More Taxes Than Exporters and Retailers in FY24
Pakistan’s salaried class paid a record Rs. 368 billion in income taxes, 232 percent more than taxes paid by exporters… Read More
IMF Board Likely to Approve $7 Billion Bailout for Pakistan in Mid-August
The International Monetary Fund (IMF) Executive Board will likely take up the agenda of Pakistan’s new $7 billion bailout package… Read More
