The support by overseas Pakistan has been traditionally vital for the economy and it continued with a growth of 1.4… Read More
Hussain Lawai Removed as Chairman PSX
Securities and Exchange Commission of Pakistan (SECP) has removed Hussain Lawai from the post of Chairman Pakistan Stock Exchange (PSX).… Read More
FIA Seeks Details of Summit Bank’s Equity Over Money Laundering Case
The Federal Investigation Agency (FIA) has approached State Bank of Pakistan (SBP) and Security Exchange Company of Pakistan (SECP) seeking… Read More
FBR’s Revenues Grow by 11.4% During Current Fiscal Year
The net revenue collections by the Federal Board of Revenue recorded an increase of 11.4 percent during fiscal year 2017-18… Read More
PSX Loses 1,146 Points to Close at its Lowest Level in 2018
A bloodbath was seen at the Pakistan Stock Exchange (PSX) today, where political happenings dictated the sentiments of investors and… Read More
Supreme Court Puts 3 Bankers in ECL Over Money Laundering Case
Reportedly, the Federal Investigative Agency (FIA) has unearthed what may be the biggest money laundering case in Pakistan to date.… Read More
NIT Announces Cash Dividends for 10 Funds With Combined Worth of Rs. 98 Billion
National Investment Trust Limited (NIT) announced cash dividends for all the funds under the management. NIT manages 10 funds with… Read More
Pakistan Asks China for More Loans to Avoid Foreign Currency Crisis
Pakistan has asked China to keep lending it money to prevent a foreign currency crisis, warning that Beijing’s planned $60bn… Read More
Inflation Rate Hits 5.2%, the Highest Ever in Over 3.5 Years
CPI Inflation rate reached the highest level of 5.21% in June mainly due to the unfavorable results of the increase… Read More
Fertilizer Exports Increased 600% During First 11 months of FY 2017-18
Fertilizer exports from the country during the first 11 months of fiscal year ending on June 30, 2018, witnessed tremendous… Read More
Tax Amnesty Scheme Extended By One More Month
The government has decided to extend the tax amnesty scheme until July 31st 2018, the Finance Minister informed ProPakistani on… Read More
Pakistan Gets $1 Billion From China to Boost Falling Foreign Exchange Reserves
China has lent Pakistan $1 billion to boost the South Asian country’s plummeting foreign currency reserves, two sources in Pakistan’s… Read More
