Finance Archives

PESCO to Pay Rs. 75 Million Fine or Right of Way to 2 Companies

The Competition Commission of Pakistan (CCP) has found Peshawar Electric Supply Company (PESCO) acting in violation of Section 3 of… Read More

The Pakistani Rupee (PKR) was stable against the US Dollar (USD) and halted losses during intraday trade today. It held… Read More

The government is unlikely to provide relief to diesel consumers as it may raise the rate of the petroleum development… Read More

The National Bank of Pakistan (NBP) has temporarily closed the accounts of thousands of pensioners to biometrically verify all account… Read More

The State Bank of Pakistan (SBP) has cleared 30,000 pending cases of letters of credit (LCs) and others will be… Read More

Distribution of the National Finance Commission (NFC) share from the provinces to Islamabad won’t fix Pakistan’s fiscal gap, according to… Read More

The Pakistani Rupee (PKR) resumed losses against the US Dollar (USD) and dropped further during intraday trade today. It depreciated… Read More

Veon Limited, the Dutch-based operator of telecommunications networks, is close to selling its tower assets in Pakistan to a consortium… Read More

Searle Pakistan Limited plans to raise an amount of Rs. 3.2 billion by offering its shares through an Initial Public… Read More

The Pakistani Rupee (PKR) halted losses against the US Dollar (USD) during intraday trade today. It stood its ground and… Read More

Engro Corporation Limited (PSX: ENGRO), has announced to buy back up to 70 million of its shares worth Rs. 18.8… Read More

The Pakistani Rupee (PKR) stooped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More