The Sensitive Price Indicator (SPI)-based inflation for the week ended July 26, 2023, increased by 3.73 percent due to an… Read More
Strong Monsoon Rainfall to Hit Pakistan on Long Weekend
Monsoon currents from the Arabian Sea are continuously penetrating the country and a westerly wave is also present in the… Read More
US Federal Reserves Hikes Interest Rate to Highest Level in Over 22 Years
The United States Federal Reserve raised the interest rate on Wednesday, pushing benchmark borrowing costs to their highest level in… Read More
Atlas Honda Bikes Posts 7% Profit Growth Despite Low Sales Volume, Economic Crunch
Atlas Honda Limited (PSX: ATLH) has announced Rs. 1.602 billion profit for the quarter that ended June 30, 2023, depicting… Read More
FBR Freezes PIA’s Bank Accounts Over Non-Payment of Taxes
Pakistan International Airlines (PIA) is facing a financial setback as the Federal Board of Revenue (FBR) has taken action against… Read More
5 SOEs to Sign Deal for Saudi Aramco’s $10-11 Billion ‘Green’ Refinery in Balochistan
Five state-owned entities (SOEs) will today sign a memorandum of understanding (MoU) to finance their equity shares in Saudi Aramco’s… Read More
Leaking Someone’s Personal Data Will Cost You Up to $2 Million in Pakistan
A fine which may extend to $2 million or an equivalent amount in Pakistani rupees would be levied on those… Read More
China Rolls Over $2.4 Billion Loan to Pakistan: Ishaq Dar
Finance Minister Ishaq Dar in a tweet announced that the Export-Import (Exim) Bank of China has rolled over $2.4 billion… Read More
Cabinet Gives In-Principle Approval to Personal Data Protection Bill
The Personal Data Protection Bill has been approved in-principle by the Federal Cabinet for the protection of users’ personal data,… Read More
Price of Gold in Pakistan Falls for Second Consecutive Day
The price of gold in Pakistan fell for the second consecutive day on Wednesday to close at Rs. 222,100 per… Read More
Lahore High Court Orders to Seize Illegally Parked Cars
Lahore High Court (LHC) has ordered authorities to impound illegally parked vehicles in the province capital. The LHC bench issued… Read More
FPCCI Labels Power Tariff Hike an ‘Anti-Business Measure’
Echoing the collective concerns of the business, industry, and trade community of Pakistan, Irfan Iqbal Sheikh, President of FPCCI, has… Read More
