There has been significant progress in the Extended Fund Facility (EFF) program with the International Monetary Fund (IMF). According to… Read More
NEPRA Hikes Power Tariff By Rs. 7.90 Per Unit
The National Electric Power Regulatory Authority (NEPRA) has increased the electricity tariff by Rs. 7.90 per unit under fuel price… Read More
Rupee Slides Further Against US Dollar Despite IMF Talks and Oil Drop
The Pakistani Rupee (PKR) continued to struggle against the US Dollar (USD) and posted losses in the interbank market today.… Read More
NHA to Settle All Disputes With Chinese Firms Over CPEC Projects
The National Highway Authority (NHA) Executive Board has decided to initiate an amicable settlement process of all the disputes between… Read More
Pakistan Records Highest-Ever Cement Sales in Over a Year
Cement sales have soared by two percent year-on-year (YoY) to 5.30 million tons in June 2022 from 5.21 million recorded… Read More
Govt to Present Rs. 27.8 Trillion Charged Expenditure for FY23 in National Assembly Today
The Federal Government will present a charged expenditure of Rs. 27,886 billion, including debt servicing on domestic and foreign loans… Read More
TPL REIT Receives Over Rs. 5.6 Billion in Pakistan’s Largest Ever Equity Transaction
TPL REIT Fund I, managed by TPL REIT Management Company Limited (TPL RMC), has achieved its First Financial Close with… Read More
Rupee Ends Week With Losses Against US Dollar After ‘Super Tax’ Rattles Markets
The Pakistani Rupee (PKR) reversed yesterday’s gains against the US Dollar (USD) and posted losses in the interbank market today.… Read More
‘Illegal Western Sanctions’ Impacting Pakistan-Russia Cooperation: Russian Envoy
Russian Consul General, Andrey Viktorovich Fedorov, has stated that the sanctions that western countries have placed on Moscow are impacting… Read More
PSX Bleeds Over 2,000 Points After Govt Imposes ‘Super Tax’ on Large-Scale Industries [Updated]
Pakistan equities witnessed a panic-struck selling spree during the early hours of trade on Friday after Prime Minister Shehbaz Sharif… Read More
Rupee Posts Biggest Ever Single-Day Gain Against US Dollar After Good News From China
The Pakistani Rupee (PKR) reversed its losing streak against the US Dollar (USD) and posted massive gains in the interbank… Read More
K-Electric Seeks Rs. 11.34 Per Unit Tariff Hike For May
K-Electric has sought Rs. 11.337 per unit increase in its monthly fuel cost adjustment (FCA) for electricity it sold to… Read More
