The Pakistani rupee (PKR) closed in red 2nd day in a row against the US Dollar (USD) today after opening… Read More
Attock Petroleum’s Profit Drops 34% in First Half of FY25 to Rs. 5.12 Billion
Attock Petroleum Limited (PSX: APL) announced the financial result for 1HFY25, whereby the company has posted a net profit of… Read More
Pakistan’s One-Year T-Bill Rate Drops to 3-Year Low
The 1-Year T-Bill rate has dropped to approximately a 3-year low of 11.34 percent. In the last one and a… Read More
Govt Recklessly Breaches IMF Limit on Funding of Parliamentarian Schemes
The federal government has nearly tripled funding for parliamentarians’ schemes under the Sustainable Development Goals Achievement Program (SAP) this month… Read More
Rupee Ends Week With Losses Against Top Currencies After Yesterday’s Recovery
The Pakistani rupee (PKR) closed in red to end the week against the US Dollar (USD) today after opening trade… Read More
Rupee Reverses Losses Against Most Currencies After Bears Retreat
The Pakistani rupee (PKR) closed in green reversing its 2-day losing streak against the US Dollar (USD) today after opening… Read More
Rupee Down 2nd Day in a Row Against US Dollar, AUD, Euro, British Pound
The Pakistani rupee (PKR) closed in red two days in a row against the US Dollar (USD) today after opening… Read More
US Dollar Dents Rupee Recovery After Donald Trump’s Inauguration
The Pakistani rupee (PKR) closed in red after gaining two days in a row against the US Dollar (USD) today… Read More
50% of Pakistan’s Economy Runs on Black Money
Half of Pakistan’s economy is run on black money while tax authorities have now been cleared to hire 1,600 auditors… Read More
Pakistan’s Textile Exports Rise 5th Month in a Row
Pakistan Textile exports clocked in at US$ 1.5 billion in December 2024, up 6 percent year on year and 1… Read More
FTO Received Over 13,500 Complaints in 2024 and Helped Recover Rs. 22.7 Billion
The Federal Tax Ombudsman (FTO) made recommendations on 13,500 taxpayer complaints, but only 336 were challenged by the Federal Board… Read More
Power Generation Slightly Up in December 2024 Despite 11% Decline in Fuel Cost
Pakistan’s power generation increased by 2 percent on a year-on-year (YoY) basis to 7,800 GWh in December 2024, compared to… Read More
