Inflation was the highest during Pakistan Peoples Party’s (PPP) 2008-13 tenure, second-highest during Pakistan Tehreek-e-Insaf’s (PTI) government, and the least… Read More
Fauji Fertilizer Posts Rs. 6.24 Billion Profit in Q1 2022
Pakistan’s largest urea manufacturing company, Fauji Fertilizer Company (FFC) Limited, has posted a profit after tax of Rs. 6.24 billion… Read More
MCB Overtakes HBL as the 3rd Most Profitable Bank in Pakistan
MCB Bank has posted a profit of nearly Rs. 9 billion in the first quarter of the calendar year 2022.… Read More
Rupee Continues Winning Streak Against US Dollar Despite Oil Rebound
The Pakistani Rupee (PKR) continued its good run against the US Dollar (USD) and reported gains in the interbank market… Read More
KIBOR Surges to Highest Level Since 2009
The six-month Karachi Interbank Offered Rate (KIBOR) has increased by 641 basis points to 14.1 percent, owing to the sharp… Read More
Development Spending in Next Budget Likely to be Rs. 950 Billion
The Planning Commission is in process of making a proposal for the Public Sector Development Program (PSDP) for a development… Read More
Budget Deficit Widens to 4% of GDP in 9 Months of FY22
The country’s fiscal deficit has increased to 4.0 percent of gross domestic product (GDP) or Rs. 2.56 trillion during the… Read More
Pak Suzuki Reports Shocking Losses Despite Good Sales
Pak Suzuki Motor Company Limited (PSMC) has announced a loss after tax of Rs. 460.22 million for the quarter that… Read More
Rupee Reports Even Bigger Gains Against US Dollar As Oil Prices Start to Fall
The Pakistani Rupee (PKR) continued to recover against the US Dollar (USD) and reported gains in the interbank market today.… Read More
Bank Alfalah Posts Rs. 5 Billion Profit in Q1 2022
Bank Alfalah has reported a profit of 5.019 billion in the first quarter of 2022, showing a double-digit growth of… Read More
Meezan Overtakes HBL as the 2nd Most Profitable Bank in Pakistan
Meezan Bank Limited has also left Habib Bank Limited behind in terms of profitability during the first quarter that ended… Read More
Rupee Makes Big Gains Against US Dollar After IMF News
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and reported gains in the interbank market today. The… Read More
