The Consumer Price Index (CPI) based inflation increased to 23.1 percent on a year-on-year basis in February 2024 as compared… Read More
Rupee Declines Against US Dollar to End the Week in Red
The Pakistani rupee depreciated against the US Dollar after opening trade at 281 in the interbank market. It was bearish… Read More
New Govt Likely to Reach Early IMF Agreement to Make Tough Decisions
The Caretaker government has proposed to the new government to reach an early agreement with the IMF staff on a… Read More
Govt Urged to Address Gas Price Disparity in Fertilizer Sector
The government should take action against the ongoing price disparity among fertilizer manufacturers to stabilize urea prices and earn higher… Read More
Mortgage Rate Highest in Pakistan Among South Asian Countries
Pakistan’s mortgage rates stand notably high at around 24 percent, marking the highest among its South Asian counterparts. This rate… Read More
PTI Urges IMF for Audit of 30% Assembly Seats Within 2 Weeks
Pakistan Tehreek-e-Insaf (PTI) has urged the International Monetary Fund (IMF) to audit the February 8 General Elections. In a formal… Read More
Final Nail in Public’s Coffin: Caretaker Govt to Increase Petrol Price Before Leaving
The Government of Pakistan is likely to increase the price of MS petrol by more than Rs. 3 to roughly… Read More
Foreign Companies in Pakistan Sent 44x More Profit Abroad in January 2024
Foreign companies’ repatriation of profits and dividends rose to $694.3 million in seven months of the financial year 2023-24, up… Read More
China Agrees to Roll Over $2 Billion Loan to Pakistan
China has agreed to extend the maturity of a $2 billion loan to Pakistan on existing terms. An agreement has… Read More
Islamabad High Court Tells FTO to Stop Behaving Like A Bank Regulator
Islamabad High Court (IHC) has ruled that the Federal Tax Ombudsman (FTO) cannot assume the powers of the State Bank… Read More
Gold Price In Pakistan Rises Slightly
The price of gold in Pakistan increased slightly on Tuesday to settle at Rs. 215,900 per tola. According to data… Read More
SECP Issues New Accounting Standards for Non-Profit Organizations Which Collect Zakat
The Securities and Exchange Commission of Pakistan (SECP) has issued new Accounting Standards for the not-for-profit organizations (NPOs), which receive/utilize… Read More
