The Pakistani Rupee (PKR) persisted against the US Dollar (USD) and posted gains in the interbank market today. It gained… Read More
Rs. 9 Billion Being Spent to Improve Gas Supply in Underdeveloped Areas
The Senate Standing Committee on Petroleum was informed that an amount of Rs. 9 billion is being spent on improving… Read More
Banks Investments Soar to Another All-Time High of Rs. 14.4 Trillion
The investment of the banking sector reached an all-time high in January to Rs. 14.4 trillion, mainly due to the… Read More
PTI Govt Has Approved 70,000 Housing Projects Worth Rs. 1.4 Trillion: PM
Prime Minister Imran Khan said that over 70,000 housing projects worth Rs. 1.4 trillion have been approved by the incumbent… Read More
SBP Reserves Soar by $1.6 Billion
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed substantial inflows of $1.609 billion in the fifth week… Read More
PTCL Posts Highest Revenue Growth Since 2013
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the… Read More
Rupee Halts Losses Against the US Dollar After Morgan Stanley Announcement
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. Although… Read More
MCB Posts Highest Ever Profit After Tax of Rs. 30.8 Billion For CY2021
Muslim Commercial Bank (MCB) has maintained its modest profit growth of 6.20% in 2021. The bank’s profit surged to a… Read More
Circular Debt Soars to Rs. 2.47 Trillion
The power sector circular debt has increased by Rs. 196 billion to a record high of Rs. 2,476 billion during… Read More
Pakistan Post Accounts to be Pre-Audited After Western Union Controversy
The Government of Pakistan has decided to conduct a pre-audit of all Pakistan Post Accounts. According to sources, Pakistan Post… Read More
ECC ‘Re-Approves’ Rs. 1 Billion COVID Relief For Armed Forces
The Economic Coordination Committee of the Cabinet has reportedly granted approval for the already issued supplementary grant of Rs. 1… Read More
Rupee Plummets Against Major Currencies as Business Optimism Index Takes a Hit
The Pakistani Rupee (PKR) depreciated against the US Dollar (USD) and posted losses in the interbank market today. It lost… Read More
