Federal Minister for Finance and Revenue Muhammad Aurangzeb expressed optimism about the stability of the Pakistani rupee (PKR) despite the… Read More
Karachi Traders to Meet Tomorrow to Discuss FBR’s New Tajir Dost Registration Scheme
Karachi traders have called a meeting on April 3 (Wednesday) to discuss the new Tajir Dost registration scheme of the… Read More
Pakistan to Get Costly $500 Million Loan From ADB
The federal government has decided to get a $500 million loan from the Asian Development Bank (ADB). The Central Development… Read More
World Bank Predicts Pakistan’s GDP Growth Rate Below 3% In Next 3 Years
Pakistan’s economy is expected to grow by only 1.8 percent in the current fiscal year ending June 2024, while no… Read More
Agritech Ltd Converts Preference Shares into Ordinary On Bank Alfalah’s Request
Agritech Limited (PSX: AGL) has complied with a request made by Bank Alfalah Limited (PSX: BAFL) for conversion of its… Read More
Pakistan’s Trade Deficit Soars 56% to $2.2 Billion in March
Pakistan’s trade deficit narrowed down by 24.94 percent in the first nine months (July-March) of the current fiscal year 2023-24… Read More
Rupee Up 9th Day in a Row After Marginal Increase Against US Dollar
The Pakistani rupee gained further ground 9th day in a row against the US Dollar after opening trade at 278… Read More
Pakistan’s Inflation Drops to Lowest Level in 22 Months
The Consumer Price Index (CPI) based inflation increased to 20.68 percent on a year-on-year basis in March 2024 as compared… Read More
JS Bank Permitted to Convert Rs. 3.5 Billion Term Finance Certificate Into Common Shares
Shareholders of JS Bank Limited have approved the conversion of Term Finance Certificate (TFC-V, issued on August 31, 2023) of… Read More
Bad News: Only Inflation is Driving FBR Tax Revenue
The Federal Board of Revenue (FBR) has shown commendable performance by collecting Rs. 6,710 billion in nine months of fiscal… Read More
Treet Corporation Limited Authorized to Sell 11.3% Stake in Battery Subsidiary
Shareholders of Treet Corporation Limited (PSX: TREET) have authorized the company to divest 11.3 percent paid-up share capital of subsidiary… Read More
Govt Likely to Expedite Disposal of 27,000 Tax Cases Via Ordinance
The government is likely to promulgate a Presidential Ordinance to reduce forums of appeals to decide litigation of over 27,000… Read More
