Bears ran riot at Pakistan Stock Exchange (PSX) today as equities witnessed a panic-struck sell-off on Monday amid severe political… Read More
CCP Fails to Recover Over Rs. 68 Billion Pending Dues
The Competition Commission of Pakistan (CCP) has failed to collect over Rs. 68 billion in pending dues from companies found… Read More
Rupee Hopelessly Crashes to Against US Dollar, Other Currencies
The Pakistani rupee nosedived against the US Dollar today after opening trade at 288 in the interbank market. At 12… Read More
UAE’s Mashreq Bank to Start Digital Banking Operations in Pakistan Soon
Mashreq, one of the leading financial institutions in the MENA region has announced its successful incorporation in Pakistan. This marks… Read More
FBR Admits Its Filing System is Miscalculating Taxes
High-ranking officials from the Member Policy Inland Revenue Federal Board of Revenue (FBR) have made a stunning admission before the… Read More
Askari Bank Posts 40% Profit Growth in H1 2023
Askari Bank Limited (AKBL) has announced a profit after tax (PAT) of Rs. 8.83 billion for the half year 2023,… Read More
Tobacco Shortage Helps Farmers Sell Above Notified Rates
Pakistan Tobacco Company (PTC) has said there is a shortage of more than 10.3 million tons of tobacco in the… Read More
Pakistan’s Real Effective Exchange Rate Hits 91.6 in July
Pakistan’s Real Effective Exchange Rate (REER) shot up by 3.86 percentage points to 91.59 in July 2023. According to the… Read More
Pakistan’s Current Account Turns From Surplus to $809 Million Deficit
The country’s current account posted a deficit of $809 million in July 2023, compared to the surplus of $504 million… Read More
Govt Approves Appointment of Sulaiman S. Mehdi As Chairman BoD State Life Insurance
The federal government has approved the appointment of Sulaiman S. Mehdi as Chairman Board of Directors of State Life Insurance… Read More
Govt to Seek Investment for Multan-Lahore Rail Project
The possibility of seeking investment for the Multan-Lahore section of the Main Line (ML-1) through a Build Operate and Transfer… Read More
Will Try to Ensure Financial Discipline For ‘Whatever the Allocated Time’: Caretaker PM
Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday vowed to maintain financial discipline “for a month, two, three or whatever the… Read More
