Acting President Sadiq Sanjrani on Monday approved the amended Finance Bill 2023-24, signing into law the recently added Rs. 215… Read More
PKR Loses Early-Day Momentum Against US Dollar As Dar Struggles to Woo IMF on Budget
The Pakistani rupee marginally gained some ground against the US Dollar during intraday trade today after opening trade at 284.3… Read More
Power Cement Limited to Re-profile Long-Term Debt of Rs. 11.9 Billion
Power Cement Limited (PSX: POWER) has decided to re-profile long-term obligations of Rs. 11.9 billion, the company informed the Pakistan… Read More
PSX Rallies With 1000 Point Gain Expecting IMF Announcement [Updated]
The Pakistan Stock Exchange (PSX) rallied in the week’s first trading session as bulls took control of the market with… Read More
Tax Expenditures of Pakistan and India Lowest in the World: FBR
Pakistan had tax expenditure equal to 2.8 percent of the gross domestic product (GDP) and India had an expenditure of… Read More
Rupee Ends Week At 286.74 Against US Dollar, Gains Big Against Euro
The Pakistani rupee was stable against the US Dollar during intraday trade today after opening trade at 286.7 in the… Read More
Pakistan’s Dollar Bonds Advance After Zambia Rescue Gives Hope to Stressed Economies
Pakistani and Sri Lankan dollar bonds advanced on Friday with sentiment for distressed debt getting a boost after Zambia clinched… Read More
AGP Ltd to Increase Stake in OBS Pakistan Ltd
AGP Limited (PSX: AGP) has decided to increase its stake in OBS Pakistan Limited to 92.5 percent, the company informed… Read More
Pakistan to Repay Foreign Debt of Over $10 Billion in Next 6 Months
Pakistan is scheduled to repay $10.35 billion in foreign debt over the next 6 months in order to avoid default.… Read More
Petrol Companies Blame OGRA for Oil Sector Issues
Oil marketing companies (OMCs) have accused the Oil and Gas Regulatory Authority (OGRA) of disregarding its duty to settle issues… Read More
The Proven Business Case for Empowering Women in Pakistan
Pakistan has successfully climbed three steps to now rank 142 out of 146 countries in the World Economic Forum’s (WEF)… Read More
286.7: PKR Pushes Higher Against US Dollar 3rd Day in a Row
The Pakistani rupee rose higher against the US Dollar during intraday trade today after opening trade at 286.95 in the… Read More
