Remittances sent by overseas Pakistanis increased by 40 percent to $2.943 billion in August 2024 compared to inflows of $2.094… Read More
Electricity Consumers to Pay Extra for Three Months as NEPRA Approves Quarterly Hike
The National Electric Power Regulatory Authority (NEPRA) Friday announced its decision in the matter of requests filed by ex-Wapda distribution… Read More
Weekly Inflation in Pakistan Falls for Fourth Straight Week
The Sensitive Price Index (SPI)-based inflation for the week ended September 5, 2024, decreased by 0.15 percent, the fourth decline… Read More
SBP Reserves Hit Highest Level Since July 2023
The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $33 million on a… Read More
Pakistan’s Central Govt Debt Hits Rs. 69.6 Trillion in July 2024
The total public debt stock of the federal government increased by 12.7 percent on a year-on-year (YoY) basis in July… Read More
Decline in International Oil Prices to Benefit Pakistan: Brokerage House
The decline in global oil prices is set to benefit Pakistan as it is a net oil importer, brokerage house… Read More
Brokerage House Expects Further Cut in Policy Rate Next Week
The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on September 12, with brokerage house Arif… Read More
Govt Introduces Contributory Pension Fund Scheme
The federal government has introduced a Contributory Pension Fund Scheme introduced for all the civil employees of the federal government… Read More
Pakistan’s Trade Deficit Falls to 11-Month Low As Exports Surge
Pakistan’s trade deficit fell by over 20 percent in August 2024 to settle at an 11-month low of $1.675 billion.… Read More
Govt Expects Inflation to Fall to 9.5-10.5% Range in August
The government expects inflation to remain within the range of 9.5-10.5 percent in August due to stability in economic indicators,… Read More
Fauji Foundation Announces Intention to Acquire Control of Agha Steel
Agha Steel Industries Limited (PSX: AGHA) Thursday announced that it has received an intention from Fauji Foundation to acquire control… Read More
Millat Tractors Stops Production Over GST Refunds Issue
Millat Tractors Limited (PSX: MTL) Thursday said it has been forced to stop production till further notice. In a notice… Read More
