Fauji Foods Limited (PSX: FFL) has posted a Rs. 605 million profit for the year that ended on December 30,… Read More
Finance Ministry Identifies Problems in Power Minister’s Rs. 1.25 Trillion Circular Debt Settlement Plan
The Ministry of Finance has identified problems in caretaker Power Minister Muhammad Ali’s circular debt reduction plan and will not… Read More
Pakistan Turns to Cheaper Coal Markets as Afghan Coal Becomes Too Expensive
Pakistan has turned to imported coal from other sources as coal from Afghanistan has become costlier in recent months, data… Read More
Govt is Introducing National Digital Wallet With Cashback Rewards
In a move towards a cashless economy, the Federal Government of Pakistan is gearing up to introduce the National Digital… Read More
Govt Bears Loss of Rs. 5.7 Billion Due to Fake Tax Stamps on Cigarette Packs
The federal government is reportedly bearing a loss of Rs. 5.7 billion every year due to fake tax stamps on… Read More
Bank Loans to Private Sector Plummet By Over 86%
Total bank loans to the private sector clocked in at Rs. 9.22 trillion in the current financial year 2023-24 from… Read More
Fertilizer Companies’ Profits Likely to Surge By 104% in Q4 2023
Profits of listed fertilizer companies are likely to go up by 104 percent year-on-year (YoY) to Rs. 25 billion in… Read More
Govt Plans to Raise Rs. 100 Billion From Sukuks At PSX Tomorrow
The government through the Ministry of Finance is all set to conduct an auction of Rs. 100 billion for sovereign… Read More
APTMA Seeks Urgent Implementation of 9 Cent Energy Tariff For Industrial Sector
Further to the government and SIFC’s announcement to remove the cross-subsidy from power tariffs for industrial consumers, thereby bringing them… Read More
PKR Appreciates 4th Day in a Row Against US Dollar As Elections Near
The Pakistani rupee posted gains 4th day in a row against the US Dollar today after opening trade at 280… Read More
Govt Shares Plan to Pay Off Energy Sector’s Rs. 1.25 Trillion Circular Debt With IMF
The Ministry of Finance has come up with a plan to release Rs. 1,250 billion to pay off the energy… Read More
Service Global Footwear Approves Rs. 1.5 Billion Investment in Associated Company
Shareholders of Service Global Footwear Limited (PSX: SGF) have authorized the company to make further long-term equity investments of up… Read More
