United Bank Limited (UBL) has reported a decline of 18 percent or Rs. 4 billion in profit for nine months… Read More
Rupee Slides 7th Day in a Row As Default Gossip, FATF and Oil Jump Rattle Market
The Pakistani Rupee (PKR) dropped against the US Dollar (USD) and posted marginal losses during intraday trade today. It depreciated… Read More
Pakistan and Russia in Talks Over LNG Import Deal As Winter Approaches
Pakistan is seeking liquefied natural gas (LNG) supplies from Russia as the South Asian nation braces itself for a hard… Read More
Pakistan’s IT Exports Register 10% Decline in September
The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services declined by 0.3 percent during… Read More
Honeymoon Over? PKR Loses Big 6th Day in a Row After Dar Makes Bold Claim
The Pakistani Rupee (PKR) slid against the US Dollar (USD) and posted losses during intraday trade today. It depreciated by… Read More
Pakistan’s Oil Production Fell by Almost 27% in August
The petroleum items production witnessed a decline of 16.1 percent during July-August 2022-23 as its indices went down to 83.1… Read More
Large Scale Manufacturing Growth Decreases in First Two Months of Current Fiscal Year
The Large Scale Manufacturing Industries (LSMI) output has declined by 0.4 percent during the first two months (July-August) of the… Read More
Govt Set to Clear Mega Construction Projects Worth Over Rs. 2 Trillion Today
The Central Development Working Party (CDWP) of Planning Commission will today (Wednesday) consider projects worth approximately Rs. 2.5 trillion including… Read More
Interloop Profits Increases by 85% in 1QFY23
Interloop Limited (ILP), a textile and garments exporter company, recorded profits of Rs. 4.96 billion in the first quarter of… Read More
Audit Unearths Anomaly Worth Rs. 138 Million in Purchase of Software by NITB
Irregularities have been revealed in the procurement of Oracle software by the National Information Technology Board (NITB), a subsidiary of… Read More
PKR Again Drops Below 220 Against US Dollar After Dar Struggles to Woo Donors [Updated]
The Pakistani Rupee (PKR) continued its decline against the US Dollar (USD) and posted losses during intraday trade today after… Read More
Bank Alfalah Kept Up Its Growth Momentum in the Third Quarter
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on October 17, 2022, approved the bank’s… Read More
