January witnessed a net selling of $35 million (January 1-30, 2024) by foreign portfolio investors. This is the highest net… Read More
FBR Restructuring: Finance Minister ‘Ignores’ ECP Letter in Late Night Speech
Caretaker Finance Minister Dr. Shamshad Akhtar in her televised speech on Tuesday night did not mention or respond to an… Read More
SECP Permits Live Testing of 9 Innovative Business Models Under RSB
The Securities and Exchange Commission of Pakistan (SECP) has permitted live testing of their innovative business model to nine applicants… Read More
Rupee Reverses Losses Against US Dollar After SBP Decision
The Pakistani rupee reversed losses against the US Dollar today after opening trade at 280 in the interbank market. It… Read More
PSX Crashes After Court Jails Ex-PM Imran Khan for 10 Years Just Before Elections
Bears held the Pakistan Stock Exchange (PSX) at gunpoint today with the benchmark KSE-100 index losing over 900 points in… Read More
SBP Starts Process for Issuing New Currency Notes
The State Bank of Pakistan (SBP) has initiated the process of designing and issuing a New Banknotes Series of all… Read More
Federal Cabinet Approves FBR Restructuring
The Caretaker Federal Cabinet has approved the summary regarding the restructuring of the Federal Board of Revenue (FBR), well-informed sources… Read More
Sindh Bank and Avanza Solutions Are Paving the Path Towards Digital Transformation
Sindh Bank, a prominent commercial bank in Pakistan known for its rapid growth, collaborates with Avanza Solutions (Pvt.) Ltd., a… Read More
Govt Looking to Cut Rs. 53 Billion from Prime Minister’s Development Budget
The federal government is reviewing the possibility of suspending Rs. 53 billion funds set aside for the Prime Minister’s initiatives… Read More
Mari Petroleum Posts 57% Profit Growth During First Half of FY24
Mari Petroleum Company Limited (MARI) announced its financial result today, posting a net profit of Rs. 37.5 billion during the… Read More
State Bank Decides to Introduce New Designs for All Currency Notes
State Bank of Pakistan (SBP) Jameel Ahmed Governor Monday announced that the central bank has taken a principled decision to… Read More
Rupee Breaks 8-Day Win Streak But Stays At 279 Against US Dollar
The Pakistani rupee ended its 8-day winning streak against the US Dollar today after opening trade at 281 in the… Read More
