The cut-off yields on Treasury Bills (T-Bills) settled higher by up to 21 basis points (bps) in the auction of… Read More
Allied Bank Posts Rs. 44.4 Billion Profit for 2024
Allied Bank Limited (PSX: ABL) announced a profit-after-tax of Rs. 44.4 billion (PAT) for the calendar year 2024, depicting an… Read More
Rupee Recovers Against US Dollar After Bad Start to New Week
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 279 in the… Read More
Interest on Loans to 14 Govt Entities Surges Over Rs. 305 Billion
The interest on loans taken by 14 government-owned entities has surged by Rs. 211 billion, bringing the total outstanding amount… Read More
Petroleum Sales in Pakistan Up 4% in 7 Months of FY25
Pakistan recorded OMC sales of 1.38 million tons in January 2025, the same as last year. During 7MFY25, total sales… Read More
PSX Suspends Trading in Shares of 9 Listed Companies
Pakistan Stock Exchange has suspended trading in the shares of nine companies for breaching regulations. The main bourse said that… Read More
Did the US Dollar Suddenly Drop to Rs. 140 Against Pakistani Rupee?
Google Finance currently shows that the mighty US Dollar on Monday lost Rs. 138 against the Pakistani Rupee (PKR) which… Read More
Local Cement Sales Increase by 14% in January 2025
Local cement despatches by the industry during January 2025 were 3.895 million tons compared to 3.414 million tons in January… Read More
Govt to Raise Rs. 6.8 Trillion Debt in February-April
The government aims to raise Rs. 6.825 trillion from the domestic debt market over three months (February-April). A substantial portion… Read More
Rupee Gains Over Rs. 5 Against Euro, Drops to 279 Against US Dollar
The Pakistani rupee (PKR) closed in red to start February 2025 against the US Dollar (USD) today after opening trade… Read More
Govt Taxes on Middle Class in Pakistan Compared With India
There is a huge difference between tax slabs in Pakistan and India but one thing is common for sure: the… Read More
Pakistan’s Inflation at its Lowest in Nearly a Decade
Pakistan’s Consumer Price Index (CPI) based inflation slowed to 2.41 percent on a year-on-year basis in January 2025 as compared… Read More
