The Pakistani Rupee (PKR) slowed its decline against the US Dollar (USD) but still posted marginal losses during intraday trade… Read More
Urea Sales Likely to Rise by 43% in December
Pakistan urea sales in December 2022 are expected to clock in at 835,000 tons, up 39 percent year-on-year (YoY) compared… Read More
Govt Raises Rs. 655 Billion Via Market Treasury Bills
The cut-off yields on Market Treasury Bills (MTBs) remained largely unchanged in the auction of the paper held on Tuesday.… 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
Rupee At 226.94 Against US Dollar, Bears Rule As Economic Outlook Remains Grim in 2023
The Pakistani Rupee (PKR) opened 2023 all red against the US Dollar (USD) and posted losses during intraday trade today.… Read More
Pakistan’s Cotton Production Falls By an Alarming 37%
Pakistan’s cotton output decreased by over 37 percent year-on-year (YoY), according to the latest fortnightly data released by the Pakistan… Read More
PSO and Attock Suffer as Petroleum Sales in Pakistan Take a Massive Dip
Pakistan oil sales in December 2022 decreased by 14 percent month-on-month (MoM) to around 1.34 million tons mainly due to… Read More
Pakistanis Traded Gold Worth Rs. 114 Billion in December As Prices Hit Multi-Year High
Gold worth Rs. 114 billion was traded in December 2022 with people seeing more value in adding the commodity to… Read More
Pakistan Added 4,500 MW Generation Capacity in FY22
Pakistan added 4,500 MW power generation capacity in the fiscal year that ended on June 30th, 2022. According to the… Read More
Pakistan’s Inflation Rises to 24.5% in December 2022
Pakistan’s Consumer Price Index-based inflation increased to 24.5 percent on a year-on-year (YoY) basis in December 2022 as compared to… Read More
Another IMF Program is The Only Solution For Pakistan’s Economic Crisis
Given Pakistan’s huge external debt issues and worsening domestic economic clout, another International Monetary Fund (IMF) program remains the only… Read More
K-Electric Tops NEPRA’s Performance Evaluation Rankings in Sindh
K-Electric has overtaken all other power distribution companies (DISCOs) in Sindh by significantly improving its various performance indicators, emerging as… Read More
