Pakistan’s Oil Marketing Companies (OMC) sector posted a robust 32 percent year-on-year growth in petroleum sales during April 2025, reaching… Read More
Rupee Slips Back Below 281 Against US Dollar to End Poor Week
The Pakistani rupee (PKR) closed in red against the US Dollar (USD) today after opening trade at 281 in the… Read More
Pakistan Loses Rs. 750 Billion Tax Revenue Per Year to Smuggling, Illicit Trade: Report
Pakistan loses Rs. 750 billion in tax revenue per annum due to illicit trade and smuggling, reflecting that smuggling and… Read More
Govt Raises Rs. 562 Billion Through Auction of Treasury Bills
The cut-off yields on Treasury Bills (T-Bills) went down by up to 17 basis points (bps) in the auction of… Read More
These Were the Top Most Profitable Banks in Pakistan in Q1 2025
Pakistan’s listed banks’ profitability clocked in at Rs. 173 billion, up by 149 percent year-on-year (YoY) and 12 percent quarter-on-quarter… Read More
FBR Misses Tax Collection Target for 10 Months by a Huge Margin
The Federal Board of Revenue (FBR) has suffered a massive shortfall of Rs. 821 billion during the July-April period of… Read More
Rupee Recovers 2nd Day in a Row to Jump Back Above 281 Against US Dollar
The Pakistani rupee (PKR) closed in green second day in a row against the US Dollar (USD) today after opening… Read More
OGDC Posts Rs. 129.6 Billion Profit for 9MFY25
Oil & Gas Development Company Limited (OGDCL) announced a profit after tax of Rs. 129.6 billion for the nine-month period… Read More
PSX Down Over 2,500 Points As News of Imminent Indian Attack Stirs Panic
Equities dropped in red on early Wednesday morning as Pakistan Stock Exchange (PSX) lost over 2,500 points as investors bet… Read More
Rupee Improves But Stays Below 281 Against US Dollar
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 282 in the… Read More
PSO Posts Rs. 15.3 Billion Profit for 9 Months
Pakistan State Oil (PSO), a leading player in the nation’s energy sector, has reported a steady financial and operational performance… Read More
Salaried Class Forced to Pay Record Rs. 391 Billion Income Tax in 9 Months
Pakistan’s salaried class paid a record Rs. 391 billion in income tax during July–March FY2024, making up 10 percent of… Read More
