Finance Archives

PSX Deal to Buy CDC Shares Hits Snag Without SECP Consent

Pakistan Stock Exchange (PSX) will not proceed with the acquisition of shares in the Central Depository Company of Pakistan Limited… Read More

The Ministry of Commerce (MOC) is all set to seek the federal cabinet’s approval for allowing the release of around… Read More

The Pakistani rupee ended July with losses against the US Dollar during intraday trade today after opening trade at 285.3… Read More

The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 22 percent. The announcement was… Read More

Finance Minister Ishaq Dar on Monday praised China’s banking industry and institutions for helping out Pakistan. Dar said during the… Read More

The Federal Board of Revenue (FBR) has authorized the Directorate General of Law and Prosecution to deal with all matters… Read More

The Pakistan Stock Exchange (PSX) crossed the 48,000 mark on July’s last day of trading as bulls took control of… Read More

The Searle Company Limited (PSX: SEARL) has decided to acquire a 100 percent stake in two of its associated companies… Read More

The Pakistani rupee ended the week with gains against the US Dollar during intraday trade today after opening trade at… Read More

The State Bank of Pakistan (SBP) has imposed penalties of Rs. 350.7 million on six major commercial banks mainly for… Read More

The Sensitive Price Indicator (SPI)-based inflation for the week ended July 26, 2023, increased by 3.73 percent due to an… Read More

The United States Federal Reserve raised the interest rate on Wednesday, pushing benchmark borrowing costs to their highest level in… Read More