A huge fraud has surfaced in the monthly pension of National Bank of Pakistan (NBP) pensioners, well-informed sources told ProPakistani.… Read More
Pakistan Struggling to Import Fuel for Electricity Production, Senate Body Told
A meeting of the Senate Standing Committee on Energy (Power Division) met under the chairmanship of Senator Saifullah Abro in… Read More
Pakistan’s Growth to Pick Up, Inflation to Go Down to 21% This Year: Bloomberg
The bailout from the International Monetary Fund (IMF) is a big positive for growth and will likely help Pakistan avert… Read More
Urea Prices Jump by Up to Rs. 350 per Bag
Fauji Fertilizer Company Limited (PSX: FFC) and Fauji Fertilizer Bin Qasim Limited (PSX: FFBL) have increased urea prices as a… Read More
FBR Forms Committee to Probe Fraudulent Clearance of Imported Goods Worth Rs. 241 Billion
The Federal Board of Revenue (FBR) has established a 3 member fact-finding committee to probe fraudulent clearances of imported goods… Read More
Rupee Gains Big Against US Dollar, Euro, British Pound On IMF News
The Pakistani rupee reported big gains against the US Dollar during intraday trade today after opening trade at 271 in… Read More
Rupee Surges to 285 in Open Market On IMF News
The Pakistani rupee (PKR) appreciated to 285 against the US Dollar (USD) in the open market today in tandem with… Read More
Barclays Upgrades its Outlook on Pakistan’s Sovereign-Dollar Bonds after IMF Deal
Pakistan’s sovereign bonds have been upgraded by Barclays from ‘underweight’ to ‘market weight’ after the International Monetary Fund (IMF) announced… Read More
PM Shehbaz Congratulates Nation on Historic PSX Rally
Prime Minister Shehbaz Sharif on Monday congratulated the nation on today’s massive rally at Pakistan Stock Exchange (PSX) as business… Read More
High-Flying PSX Set for Major Surge in 2nd Half This Year
The abnormal strength of the stock market even as inflation and political uncertainty batter the Pakistani economy has baffled and… Read More
Chinese Charge’d Affairs Assures Continued Support to Pakistan
Pang Chunxue, Charge’d Affairs, Embassy of the People’s Republic of China, called on Finance Minister Ishaq Dar at the Finance… Read More
NRL Shuts Down Hydrogen Production Unit for 6 Weeks
National Refinery Limited (PSX: NRL) has closed its Hydrogen Production Unit for 6 weeks due to unscheduled maintenance, the company… Read More
