The International Monetary Fund (IMF) has advised Pakistan to spend one percent of its GDP to protect itself against climate… Read More
Govt Repays Loan of Rs. 92 Billion to Local Banks
The federal government has paid back over Rs. 92 billion to local banks in the current fiscal year after amassing… Read More
Rupee Down 3rd Day in a Row Against US Dollar, Stays At 277
The Pakistani rupee (PKR) posted losses third day in a row against the US Dollar (USD) after opening trade at… Read More
Cash in Circulation Rises By Rs. 214.5 Billion in A Week
Cash holdings in Pakistan have recorded a substantial increase of Rs. 214.5 billion in the week that ended on 4… Read More
FTSE Benchmarked Fund Sells 50% Position in Pakistani Stocks
Based on the September 2024 holding analysis, the FTSE benchmarked fund Vanguard has sold approximately $82.5 million worth of stocks… Read More
Pakistani Bond Market Set for First Inflow in 5 Years Due to Stable Rupee, High Yields
The local debt market is headed for its first annual inflow in five years due to high yields and a… Read More
Rupee Ends Today’s Session With More Losses Against US Dollar
The Pakistani rupee (PKR) posted losses second day in a row against the US Dollar (USD) after opening trade at… Read More
PTCL Group Posts 15% YoY Revenue Growth
Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in the country, has announced its financial results… Read More
FBR Fails to Collect 99% Tax From Traders Under Tajir Dost Scheme
The Federal Board of Revenue (FBR) has not collected even Rs. 1 million of the Rs. 10 billion tax collection… Read More
Engro Fertilizers Posts Rs. 17.9 Billion Profit for 9 Months of 2024
Engro Fertilizers Limited (EFERT) today unveiled its financial result for 9MCY24 posting a consolidated profit after Tax (PAT) of Rs.… Read More
Pak Rupee Starts New Week With Small Losses Against US Dollar
The Pakistani rupee (PKR) posted losses to begin the new week against the US Dollar (USD) after opening trade at… Read More
FTO Orders FBR to Punish Tax Officers Who Mentally Tortured Female Taxpayer
Federal Tax Ombudsman (FTO) has detected a classic case of maladministration involving tax officers of the Regional Tax Office (RTO)… Read More
