Wheat prices touched the historic high of Rs. 4,100 per maund in grain markets across Punjab on Wednesday and Chakki… Read More
Govt Partially Hands Over Construction of Saudi-Funded Road Project to NHA
The Federal government has partially handed over the execution of construction of the project on Saudi Funded Neelum Valley Road,… Read More
Pakistan’s Stock Market Performance to Remain Dull in 2023 Due to Debt Repayment Crisis
Pakistan’s market performance in 2023 will continue to remain dull mainly due to Pakistan’s external debt repayment crisis and increased… Read More
Pakistan’s Fuel Imports Under Saudi Oil Facility Near $1 Billion
Pakistan imported petroleum products worth $500 million on a deferred payment basis under the Saudi oil facility during the first… Read More
US Dollar Rises Above 225 Against PKR As Uncertainty Rattles Market
The Pakistani Rupee (PKR) was bearish against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Electricity Generation Costs Drop by 34% to Rs. 6/kWh in Nov as Public Eagerly Awaits Relief
Power generation in the country went down by 22 percent on a month-on-month (MoM) basis to 8,367 gigawatts per hour… Read More
PSX Loses Over 1,100 Points As Political Uncertainty Unnerves Investors [Updated]
Bears ran riot at Pakistan Stock Exchange (PSX) as equities witnessed a panic-struck selling spree during the early hours of… Read More
Rupee Stable At Rs. 224.93 Against US Dollar But Uncertainty, Politics Hurting Markets
The Pakistani Rupee (PKR) was stable against the US Dollar (USD) and halted losses during intraday trade today. It held… Read More
Rupee Resumes Losses Against US Dollar After Reserves Drop Near 4-Year Low
The Pakistani Rupee (PKR) resumed losses against the US Dollar (USD) and dropped further during intraday trade today. It depreciated… Read More
Govt Jacks Up OMC Margins on Petrol by 25%
The government increased margins on MS petrol for oil marketing companies (OMCs) and also hiked the petroleum development levy (PDL)… Read More
Govt Cuts Construction Budget for Cyber Security Academy by Rs. 3.5 Billion
The federal government will establish the country’s first National Cyber Security Academy (NCSA) at the cost of Rs. 1.5 billion.… Read More
Pakistan’s Oil Production Fell by 15% in October
Petroleum products production witnessed a decline of 17.86 percent from July-October 2022-23 as its indices went down to 85.81 from… Read More
