The Oil Companies Advisory Council (OCAC) in a letter has requested Rs. 10 billion in price differential claims (PDC) on… Read More
ECC Showers Rs. 20 Billion on MNAs Despite Economic Crisis
The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a supplementary grant of Rs. 20 billion for parliamentarians… Read More
Key Targets Missed: Pakistan Growth Rate Declines to 0.3% Under New Govt
Pakistan’s growth rate has fallen to 0.3 percent in the current fiscal year which saw various restrictions cripple industries, halt… Read More
Rupee Rebounds Against US Dollar But Barely Holds Out Against Saudi Riyal
The Pakistani rupee reversed losses against the US Dollar during intraday trade today after opening trade at 286.95. The Pakistani… Read More
SBP Slaps Rs. 224 Million Fine on 5 Major Banks
The State Bank of Pakistan (SBP) has imposed penalties of nearly Rs. 224 million on five banks in its routine… Read More
Pakistan Needs Nearly 10 Million Homes to Meet its Housing Needs: World Bank
Pakistan’s housing shortage is currently estimated at approximately 10 million units and growing with about half of this shortage occurring… Read More
Rupee Posts Big Losses Against US Dollar, Stays in Red Against Saudi Riyal
The Pakistani rupee reported heavy losses against the US Dollar during intraday trade today after opening trade at 279.75. The… Read More
FTO Orders FBR to De-Register Small Jewelers
Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to de-register small jewelers, who do not qualify… Read More
Hiring More Women Can Increase Pakistan’s GDP By 23%
The State Bank of Pakistan (SBP) in its recent reports estimated that narrowing down the gap in Female Labor Force… Read More
Inflation Set to Break All Previous Records in May
Consumer Price Inflation (CPI) in Pakistan will likely hit a new record high of 37.27 percent in May as current… Read More
Default Risk too High At the Moment, PBC Chairman Tells Senate Committee
The Pakistan Business Council (PBC) has opposed double taxation, claiming that the tax burden is not evenly distributed across Pakistan… Read More
Pakistan to Finalize Decision on Russian Crude Imports After Initial Tests
Pakistan will decide on crude oil imports from Russia after Pakistan Refinery Limited (PRL) submits a report to the petroleum… Read More
