Pakistan’s textile exports slumped by 15 percent to $1.31 billion during July compared to $1.54 billion recorded in the same… Read More
Why is Pakistan Prioritizing FX for Tax-Evading Companies?
The International Monetary Fund (IMF) successfully prevented Pakistan from defaulting on its debt, providing the nation with much-needed relief. Functioning… Read More
Pakistan’s Exports Decline by Almost 13% in First Month of FY24
The country’s exports declined by 13 percent on month on month (MoM) basis in the first month (July) of the… Read More
Rupee Loses Further Ground Against US Dollar 2nd Day in a Row
The Pakistani rupee resumed losses against the US Dollar during intraday trade today after opening trade at 287.3 in the… Read More
Pakistan’s Inflation Clocks in At 28.3% in July
Pakistan’s Consumer Price Index (CPI) based inflation increased to 28.3 percent on a year-on-year basis in July 2023 as compared… Read More
Everything You Need to Know About Govt’s New Rs. 100 Trillion Pakistan Sovereign Wealth Fund
The National Assembly passed the Pakistan Sovereign Wealth Fund 2023 Bill on Monday, which calls for the establishment of a… Read More
FBR Exceeds July Tax Collection Target By Rs. 2 Billion
The Federal Board of Revenue (FBR) has provisionally collected net revenue of Rs. 536 billion during July 2023 against the… Read More
PSX Becomes One of World’s Best Performing Markets in July
In July 2023, the Pakistan Stock Exchange (PSX) demonstrated exceptional performance, making it one of the best-performing stock markets in… Read More
Rupee Ends July With Losses Against US Dollar
The Pakistani rupee ended July with losses against the US Dollar during intraday trade today after opening trade at 285.3… Read More
Money, Interest Rate and Power Sector: How SBP is Causing Electricity Hikes?
High-interest rates and their ripple effects have been and will continue to be one of the most important business stories… Read More
Rupee Ends Week With Gains Against US Dollar, Gulf Currencies
The Pakistani rupee ended the week with gains against the US Dollar during intraday trade today after opening trade at… Read More
Engro Fertilizers Posts Profit of Rs. 5.41 Billion in H1 2023
The management of Engro Fertilizers Limited (EFERT) today disclosed the financial result for 1HCY23, posting a consolidated profit after Tax… Read More
