The price of gold in Pakistan surged to a record high of Rs. 241,100 per tola on Thursday. According to… Read More
Has PIA Cleared its Debt So Far?
Pakistan International Airlines Corp (PIAA) has officially refuted claims of debt clearance or loan shifting at this time. Citing a… Read More
Pakistan, Azerbaijan Aim to Boost Economic Ties
Federal Minister for Commerce, Jam Kamal Khan, and Ambassador of Azerbaijan to Pakistan, Khazar Farhadov, met on Thursday to discuss… Read More
Govt to Impose More Tax on Banks With Bad Lending Record
The government will now charge an additional 10-16 percent tax scheme on banks if lending to the private sector falls… Read More
PSX Crosses 68,000 For First Time in History
The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Thursday, surpassing its previous high of 67,873 seen… Read More
Pak Elektron Ltd to Set Up Commercial Subsidiary in UAE
The Board of Directors of Pak Elektron Limited (PSX: PAEL) has decided to set up a wholly-owned subsidiary in the… Read More
Engro Energy Signs Agreement to Sell Its Thermal Energy Assets to Consortium for Rs. 35 Billion
Engro Energy Limited (EEL), a wholly owned subsidiary of Engro Corporation Limited (PSX: ENGRO), has entered into a Share Purchase… Read More
PSX to Remain Closed for 5 Days Next Week
Pakistan Stock Exchange will remain closed for five days i.e. Wednesday, Thursday, Friday, Saturday, and Sunday next week. “All TRE… Read More
LHC Vacates Stay Order Against Deregulation of Prices of Non-Essential Medicines
Lahore High Court has vacated the order against the deregulation of Maximum Retail Prices (MRPs) of non-essential drugs by pharmaceutical… Read More
Wheat Price Fixed At Rs. 3,900 Per 40Kg in Punjab
The Punjab cabinet has set the wheat support price at Rs. 3,900 per 40kg. This decision, made during the 5th… Read More
IT Ministry Directs PTA to Utilize Existing Policy for Mobile Phone Installment Program
The Ministry of IT and Telecommunications (MoIT&T) has directed the Pakistan Telecommunication Authority (PTA) to utilize existing policy frameworks for… Read More
Pakistan Likely to Achieve PDL Collection Target for FY24 Despite Low Industry Sales
OMC sales clocked in at 1.15 million tons for March 2024, up 4 percent/3 percent on a YoY/MoM basis. The… Read More
