Karachi-based e-commerce logistics company, Rider, has secured $3.1 million in a funding round led by various investors, the company announced… Read More
FATF Announces Its Decision on Pakistan’s Grey List Status
The Financial Action Task Force (FATF) Friday said that Pakistan has substantially completed its two action plans but on-site visits… Read More
Rupee Plunges to New All-Time Low Against US Dollar Amid FATF Uncertainty
The Pakistani Rupee (PKR) crashed to a new historic low against the US Dollar (USD) and posted losses in the… Read More
US Professor Claims Inflation in Pakistan is 3.2 Times Higher Than Official Figures
Inflation is rampant everywhere and everyone is suffering from it but a new research suggests that the actual inflation rate… Read More
Rupee Shatters All Records Against US Dollar After Another Petrol Bomb
The Pakistani Rupee (PKR) crashed further against the US Dollar (USD) and posted losses in the interbank market today. It… Read More
Govt Not Suffering from New Tariff Structure Under Budget FY23: Chairman NTC
The Chairperson of the National Tariff Commission (NTC), Robina Ather, informed the Senate Standing Committee on Finance on Thursday that… Read More
Treasury Single Account Implementation to Affect Profitability of NBP and Askari Bank: Report
The Treasury Single Account (TSA) implementation will likely affect the profitability of the National Bank of Pakistan (NBP) and Askari… Read More
Pakistan and World Bank Ink $85 Million Housing Finance Project
Federal Minister for Economic Affairs Sardar Ayaz Sadiq Wednesday witnessed the signing ceremony of agreements for the “Pakistan Housing Finance… Read More
Rupee Hopelessly Plunges to Another Low Against Dollar After US Interest Rate Hike
The Pakistani Rupee (PKR) settled below its previous record low against the US Dollar (USD) and posted losses in the… Read More
Pakistan to Export Cement to The US for The First Time Ever
For the first time in Pakistan’s history, DG Khan Cement Company (DGKC) Limited, one of the country’s largest cement manufacturers,… Read More
Rupee Plunges to New Low Against US Dollar As IMF, FATF and Oil Prices Cause Panic
The Pakistani Rupee (PKR) settled below its previous record low against the US Dollar (USD) and posted losses in the… Read More
WAPDA to Pay Rs. 48 Billion Interest on Construction of Chashma Project
The Water and Power Development Authority (WAPDA) will pay Rs 48.1 billion for Interest During Construction (IDC) of the Chashma… Read More
Dastgyr Raises $37 Million in Pakistan’s Largest Series-A Funding Round
Pakistan’s Dastgyr Technologies Pvt. has raised $37 million in the country’s largest-ever Series A funding. According to Bloomberg, the venture… Read More
Govt Forced to Revise Income Tax Slabs After IMF Reservations
Pakistan is left with no option but to consider bringing changes to the new income tax slabs for the salaried… Read More
Rupee Crashes to New Low Against US Dollar After New Budget Fuels IMF Uncertainty
The Pakistani Rupee (PKR) shattered its previous record low against the US Dollar (USD) and posted losses in the interbank… Read More
