The Pakistani rupee (PKR) reversed its 2-day winning streak against the US Dollar today after opening trade at 278 in… Read More
Audit Exposes Irregularities Worth Billions in Commercial Property of Pakistan Railways
Pakistan Railways is plagued by irregularities worth billions of rupees in different parts of the country, a special audit report… Read More
Honda Pakistan’s Annual Profits Up 9x Despite Big Dip in Sales
Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) announced its financial result for MY24 today. posting a profit after tax of… Read More
Govt to Hike WHT Rates on All Businesses and Transactions of Non-Filers in New Finance Bill
Finance Bill 2024 will increase withholding tax rates on all kinds of business and financial transactions of non-filers of income… Read More
Overseas Pakistanis’ Investment in Mutual Funds Doubles in a Year
Overseas Pakistanis are increasingly investing in various mutual funds managed by asset management companies, showing nearly 100 percent growth in… Read More
Pakistan Got Over $7.1 Billion Foreign Loans in 10 Months of FY24
The country borrowed $7.142 billion from multiple financing sources during the first ten months (July-April) of the current fiscal year… Read More
Rupee Rises 2nd Day in a Row Against Every Major Currency After IMF Mission’s Departure
The Pakistani rupee (PKR) rose 2nd day in a row against the US Dollar today after opening trade at 278… Read More
Rupee Reverses 3-Day Losing Streak Against US Dollar, Other Currencies
The Pakistani rupee (PKR) reversed its 3-day losing streak against the US Dollar today after opening trade at 278 in… Read More
Pak Rupee Plunges 3rd Day in a Row Against US Dollar on Budget News
The Pakistani rupee (PKR) fell third day in a row against the US Dollar today after opening trade at 278… Read More
Rupee Loses Further Ground Against US Dollar 2nd Consecutive Day
The Pakistani rupee (PKR) fell second day in a row against the US Dollar today after opening trade at 278… Read More
Power Generation Falls Again Despite Big Drop in Fuel Costs
Power generation in the country went down by 13.7 percent YoY to 8,639 gigawatts per hour (GWh) in April 2024,… Read More
Pakistan’s GDP Improved in Q3 FY24: National Accounts Committee
The National Accounts Committee (NAC) has determined Q3 and annual estimates for the financial year 2023-24. It said GDP for… Read More
