The Provincial Disaster Management Authority (PDMA) of Punjab has issued flood warnings as heavy rainfall continues to affect the region,… Read More
Punjab University Fails to Pay Salaries to Teachers and Staff Members
The University of the Punjab is grappling with a severe financial crisis, resulting in an unprecedented delay in the payment… Read More
Pak Suzuki Shuts Down Plant as Imported CKD Kits Remain Stuck at Port
Pak Suzuki Motor Company Limited has shut down its plant due to government’s refusal to release completely knocked down (CKD)… Read More
Teachers Stopped From Getting Management Roles
On Wednesday, the Peshawar High Court issued a stay order, temporarily halting the elementary and secondary education department from assigning… Read More
Mari Petroleum Posts Highest-Ever Profit of Rs. 77.3 Billion in FY24
Mari Petroleum Company Limited (PSX: MARI) Thursday announced its financial results for the financial year ended on June 30, 2024… Read More
Meezan Bank Posts Highest-Ever Quarterly Profit of Rs. 26.7 Billion in 2Q 2024
Meezan Bank Limited (PSX: MEBL) has announced its 2QCY24 result today, where the bank recorded earnings of Rs. 26.7 billion,… Read More
Rupee Suddenly Halts Losing Streak Against US Dollar
The Pakistani rupee (PKR) reversed losses against the US Dollar today after opening trade at 278 in the interbank market.… Read More
6-Month KIBOR Drops to Lowest Level in 17 Months
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 37 basis points… Read More
IMF Rejects Pakistan’s Request of Tax Exemption on Stationery Items
The federal government has failed to convince the International Monetary Fund (IMF) on giving tax exemption on stationery items. Despite… Read More
Gold Price in Pakistan Stable After Multiple Losses Earlier in the Week
After declining for four straight days, the price of gold in Pakistan remained stable on Thursday. According to data issued… Read More
China Launches Starlink Rival With New Orbital Network
A Chinese state-owned company has initiated its plan to construct a massive orbital network, comparable to Starlink, by successfully launching… Read More
Chery’s Jetour to Launch 2 New SUVs in Pakistan
Renowned Chinese carmkaer Chery’s subbrand Jetour is gearing up to make a significant entry into the Pakistani automotive market with… Read More
