The Pakistani Rupee (PKR) dropped to another all-time low against the US Dollar (USD) during intraday trade today. It depreciated… Read More
Dawood Hercules Corporation Limited to Invest Rs. 375 Million in Empiric AI
Dawood Hercules Corporation Limited has decided to invest Rs. 375 million in its wholly-owned subsidiary, Empiric AI. A notification issued… Read More
ICI Pakistan Plans to Acquire 75% Stake in LOTTE Chemical Pakistan
ICI Pakistan Limited has expressed a plan to acquire approximately 75.01 percent shares of Lotte Chemical Pakistan Limited (LOTCHEM), according… Read More
Rupee Slides Further Against US Dollar As Politics, Bond Yields and IMF Cause Panic
The Pakistani Rupee (PKR) slid to a new low against the US Dollar (USD) during intraday trade today. It depreciated… Read More
Rupee Hopelessly Plunges to Another Low Against US Dollar Despite SBP Clarity and Oil Drop
The Pakistani Rupee (PKR) dipped to a new low against the US Dollar (USD) during intraday trade today. It depreciated… Read More
Tax on Deemed Income of Real Estate Challenged in Court
The taxation measure of Rs. 30 billion, enforced through the Finance Act 2022 to levy tax on deemed income of… Read More
Rupee Shatters All Records Against US Dollar Amid Political Instability and Oil Rebound
The Pakistani Rupee (PKR) crashed below the 225 level against the US Dollar (USD) during intraday trade today. It depreciated… Read More
Rupee Crashes to Biggest Intra-Day Drop in Over 3 Years Amid Political Chaos
The Pakistani Rupee (PKR) crashed below the 221 level against the US Dollar (USD) during intraday trade today. By midday,… Read More
Economic and Political Uncertainty to Slowdown Pakistan’s Fiscal Growth in FY23: Moody’s
The economic and political uncertainty will challenge the pace of Pakistan’s fiscal consolidation in the fiscal year 2023, says Moody’s… Read More
Rupee Crashes to New Low Against US Dollar After PTI Stuns Govt in Punjab Elections
The Pakistani Rupee (PKR) once again crashed to a new low against the US Dollar (USD) and posted heavy losses… Read More
IMF Agreement is Beneficial for Pakistan’s Crippled Economy: Moody’s
The International Monetary Fund (IMF) staff-level agreement with Pakistan is credit positive for the country because it paves the way… Read More
KSE-100 Falls by 700 Points Due to Political Uncertainty [Updated]
Pakistan equities witnessed a panic-struck selling spree in the early hours of trade on Monday over political uncertainty after key… Read More
