The Pakistani rupee was stable against the US Dollar and posted small gains today after opening trade at 279 in… Read More
PSO’s Profit Grows by 17.26x to Record-Breaking Rs. 21.9 Billion in Q1 FY24
Pakistan State Oil Company Limited (PSX: PSO) reported a quarterly profit after tax of Rs. 21.89 billion, up by a… Read More
Electricity Generation Up 7.4% in First Quarter of FY24
Power generation in the country went up by 7.4 percent YoY to 44,138 gigawatts per hour (GWh) in 1QFY24, while… Read More
Poverty in Pakistan Has Increased Due to Record High Food, Energy Prices: World Bank
Poverty in Pakistan is estimated to have increased due to record-high food and energy prices, weak labor markets, and flood-related… Read More
IT Exports Jump By 3.3% YoY in First Quarter of FY24
The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services increased by 3.3 percent during… Read More
KSE-100 Closes Above 50,000 for The First Time Since 2017
The benchmark KSE-100 index has closed above 50,000 points for the first since June 07, 2017. After opening trade at… Read More
Meezan Bank Posts Highest Ever Profit of Rs. 58.6 Billion in 9 Months of 2023
Meezan Bank Limited (PSX: MEBL) announced its highest-ever profit of Rs. 58.6 billion for the first nine months that ended… Read More
Pak Suzuki Posts Rs. 3.8 Billion Profit for Q3 2023
Pak Suzuki Motor Company Limited (PSX: PSMC) has announced a profit after tax of Rs. 3.8 billion for the quarter… Read More
Rupee Posts Big Gains Against US Dollar As Volatility Persists
The Pakistani rupee reversed losses against the US Dollar and posted big gains today after opening trade at 279 in… Read More
Pakistan’s Petroleum Imports Fall By 28% in First Quarter of FY24
Petroleum group imports witnessed a negative growth of 28.03 percent during the first quarter (July-September) of the current fiscal year… Read More
Rupee Falls 2nd Day in a Row Against US Dollar, Other Currencies
The Pakistani rupee settled lower against the US Dollar and posted heavy losses today after opening trade at 276 in… Read More
Uniform Gas Tariff for Non-Export Industries On the Cards
A proposal has been made to implement a uniform gas tariff system for non-export industries throughout the country, well-informed sources… Read More
