The Pakistani rupee (PKR) closed in red reversing its two-day winning streak against the US Dollar (USD) today after opening… Read More
Petroleum Sales in Pakistan Hit Highest Level in Over 2 Years
Pakistan recorded OMC sales of 1.58 million tons up by 15 percent year-on-year (YoY) in November 2024. According to Topline… Read More
IT Sector Loses More Than $1 Million Per Hour Due to Internet Shutdowns
Pakistan’s Information Technology sector suffered losses of more than $1 million per hour on account of the internet shutdown, said… Read More
China is Pakistan’s Biggest Financier With Almost $29 Billion in Loans in 2023
The World Bank (WB) has estimated Pakistan’s total external debt stocks at $130.847 billion by end-2023 compared to $127.708 billion… Read More
PSX Closes Above 104,000 Milestone As Market Activity Hits 18-Year High
The Pakistan Stock Exchange achieved another milestone as market activity surged to an 18-year high, with a traded value of… Read More
Rupee Appreciates 2nd Day in a Row Against Most Currencies
The Pakistani rupee (PKR) closed in green second day in a row against the US Dollar (USD) today after opening… Read More
Utility Stores Corporation Posts Rs. 2.5 Billion Loss in 3 Months
The Utility Stores Corporation (USC) has reported losses of Rs. 2.5 billion over the past three months due to poor… Read More
Pakistan Post’s Expenditure Over 3x Higher Than Its Revenue
The National Assembly’s Standing Committee on Communications was informed on Monday that Pakistan Post was generating an income of Rs.… Read More
Banking Sector Advances Surge By Rs. 1.47 Trillion in October 2024
In order to avoid penalties from the banking regulator for failing the target Advance-to-Deposit ratio, banks have been aggressively lending… Read More
PSX Closes At New All-Time High After Market Activity Hits 7.5 Year High
The Pakistan Stock Exchange (PSX) achieved another milestone as market activity surged to a 7.5-year high after the main bourse… Read More
Rupee Ends 4-Day Losing Streak Against US Dollar to Start December 2024
The Pakistani rupee (PKR) closed in green to start December against the US Dollar (USD) today after opening trade at… Read More
NITB Uncovers Irregularities Worth Rs. 2.77 Billion in Wheat Seed Subsidy Program
Data shared by the National Information Technology Board (NITB) has uncovered major irregularities in the wheat seed subsidy program for… Read More
