Trading on K-Electric Limited’s (PSX: KE) privately placed Rs. 6.7 billion Sukuk on the Pakistan Stock Exchange (PSX) will begin… Read More
Pakistan Committed to Revive Gas Pipeline Project With Iran
Pakistan told Iran on Wednesday that it is committed to expediting the revival of the Pak-Iran Gas Pipeline project, as… Read More
IMF Continues to Engage With Pakistan Amid Current Situation
The International Monetary Fund (IMF) remains engaged with Pakistan on securing funding and policy assurances with the goal of reaching… Read More
US Debt Ceiling: How Default Could Affect You?
The US government could start to run out of money if Congress fails to raise the debt ceiling by the… Read More
Remittances Decrease by 29% YoY to $2.2 Billion in April
Remittances in April registered a decrease of 12 percent on a month-on-month (MoM) basis and dropped to the $2.2 billion… Read More
Pakistan Edges Closer to Default as Imran Khan Arrest May Delay IMF Deal: Bloomberg
Pakistan is on the verge of default as political unrest sparked by the arrest of former Prime Minister Imran Khan… Read More
Zarai Taraqiati Bank Ltd Plans Conversion Into Full-Fledged Islamic Bank
Zarai Taraqiati Bank Limited (ZTBL) plans to convert its banking system from conventional to Islamic banking. ZTBL’s Senior Executive Vice… Read More
Rupee Crashes to New All Time Low Against US Dollar After Losing Rs. 6.35 Within Hours
History has been made as the Pakistani rupee crashed to its lowest ever of 289.75 against the US Dollar during… Read More
Govt Approves Rs. 153 Million for Settling Court Disputes With India
The Economic Coordination Committee (ECC) of the federal cabinet on Wednesday approved Rs. 153 million Technical Supplementary Grant (TSG) in… Read More
PBC Wants Tax-Free Corporate Dividends in Budget 2023-24
The Pakistan Business Council (PBC) has requested that inter-corporate dividend payments be treated as a non-taxable event under budget 2023-24.… Read More
Govt Signed New Loan Agreements of $3.9 Billion in First Half of FY23
The government has signed new loan agreements worth $3.904 billion with development partners during the first half (July-December) of the… Read More
PSX Sheds Over 550 Points During Intraday Crash After Imran Khan’s Arrest
Bears ran riot at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index losing over 550 points in… Read More
