Power generation in the country went down by 2 percent YoY to 13,461 gigawatts per hour (GWh) in June 2024,… Read More
Banking Mohtasib Provides Relief of Rs. 681.07 Million to Banking Customers in First Half of 2024
The Banking Mohtasib Pakistan has granted monetary relief amounting to Rs. 681.07 million to the banking customers by disposing of… Read More
PSX Transitions to One-Share Marketable Lot
Pakistan Stock Exchange (PSX) has successfully transitioned to a One-Share Lot system for investor transactions on the regular market, aligning… Read More
PSX Crashes By Over 1,500 Points to Close Below 79,000
Bears wrecked the Pakistan Stock Exchange (PSX) on Monday with the benchmark KSE-100 index losing over 1,700 points in intraday… Read More
Fauji Foods Approves Rs. 350 Million Grant for Subsidiary
The Board of Directors of Fauji Foods Limited (FFL) has approved a grant of a loan of Rs. 350 million… Read More
Rupee Again Loses Ground Against US Dollar, UAE Dirham
The Pakistani rupee (PKR) started the new week with losses against the US Dollar today after opening trade at 278… Read More
PM Shehbaz Elevates SIFC to Division Status
Prime Minister Shahbaz Sharif has approved the elevation of the Special Investment Facilitation Council (SIFC) to the status of a… Read More
More Misery Likely As CPPA Seeks Electricity Tariff Hike of Rs. 2.11 Per Unit
The Central Power Purchasing Agency (CPPA) has requested a power tariff increase of Rs. 2.11 per unit. This would put… Read More
SBP to Announce FY25’s First Monetary Policy Next Week
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet next week on Monday, July 29,… Read More
LHC Suspends FBR’s Controversial Anti-Taxpayer Law in Finance Act 2024
Lahore High Court (LHC) has suspended the applicability of controversial sales tax SRO 350(I)/2024, creating sales tax return filing problems… Read More
Pakistan’s Mobile Imports Cross $1.8 Billion in FY24
The country imported mobile phones worth $1.898 billion during the fiscal year 2023-24, registering a growth of 233 percent when… Read More
Cabinet to Soon Approve Massive Electricity Subsidy for Protected Consumers
The federal government is finalizing a new plan to implement a targeted electricity subsidy for low-income households through the Benazir… Read More
