Pakistan on Tuesday approved the revised mechanism/modalities for the transfer of Rs. 1.009 billion funds to Afghanistan for the functioning… Read More
Govt to Divert Rs. 10 Billion From PSDP to Pay Stipends to 20,000 Interns
The government will divert Rs. 10 billion from the development budget for the payment of stipends to 20,000 interns. The… Read More
Steel Prices Jump Again, Taking Total Hike to Rs. 25,000 in 30 Days
The domestic prices of steel products spiked for the fifth time since December as procuring raw material becomes increasingly difficult… Read More
All Govt Buildings to be Shifted to Solar Power by End of April
With the economy in jeopardy, the federal government has issued new guidelines to government institutions for solarizing public buildings. Sources… Read More
Crescent Fibres Limited Cuts Production in Half Due to Low Demand
Crescent Fibres Limited (PSX: CFL) has decided to cut production by up to 50 percent. In a stock filing, the… Read More
Forex Companies to Help Improve Rupee’s Value With Special Plan
Foreign exchange companies will visit other countries, collect US dollars and bring them to Pakistan. Exchange firms have decided to… Read More
Aramco Shares its Conditions For Investing in $12 Billion Plant in Pakistan
Saudi Aramco has conveyed its willingness to invest in a $12 billion greenfield refinery on the condition that the Government… Read More
Federal Govt Reduces Fund Releases For Q1 and Q2 FY23
The Federal Government has amended its funds’ release strategy for development projects for the current fiscal year 2022-23, and downward… Read More
KSB Pumps Suspends Operations at Hasan Abdal Plant Due to Import Restrictions
KSB Pumps Company Limited (PSX: KSBP) has temporarily suspended its plant operations at Hasan Abdal. In a stock filing, the… Read More
NHA Board Okays Appointment of Quantum Expert
The National Highway Authority (NHA) Executive Board approved the engagement of shortlisted Quantum Expert Andrew Yendall on a capped fee… Read More
SECP Issues Consolidated Circular for Modaraba Sector
In a bid to improve efficiency and compliance in the Modaraba sector, the Securities and Exchange Commission of Pakistan (SECP)… Read More
Govt Officers Resume Strike Over ‘Discriminatory’ Executive Allowance
Following the government’s failure to provide a 150 percent executive allowance despite a commitment by Finance Minister Ishaq Dar, officers… Read More
