Business

Business

US Dollar Dips Against Pakistani Rupee Amidst Crackdown

The US dollar (USD) experienced a notable dip today, decreasing by 0.96 Pakistani rupees (PKR) in the interbank market, with…

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Empowering Women: Interest-Free Loans from SBP

In a significant move towards bolstering economic stability and promoting female inclusion in the labour market, the State Bank of…

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Pakistani Rupee Anticipated to Strengthen Against the US Dollar

The coming week may witness the Pakistani rupee continuing its bullish streak against the US dollar. Over the past week,…

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Nespak Secures Landmark Neom Project in Saudi Arabia

National Engineering Services Pakistan (Nespak) has secured a pivotal project in Neom, Saudi Arabia, as Acting Managing Director Zargham Eshaq…

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World Bank Raises Concerns Over Pakistan’s Economic Health

The World Bank has expressed grave concern over Pakistan's economic status, revealing a sharp rise in poverty to 39.4% as…

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Nepra Greenlights Rs3.28 per Unit Electricity Rate Surge

The National Electric Power Regulatory Authority (Nepra) permitted the federal government to raise electricity rates by Rs3.28 per unit for…

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NEPRA Alleges Inferior Coal Use in Chinese Power Plants

The National Electric Power Regulatory Authority (Nepra) has unveiled discrepancies concerning Chinese coal-fired power plants. Despite their commitment to using…

3 Min Read

IMF Suggests Pakistan Tax the Wealthy Amid Rising Inflation

In light of a significant surge in inflation, which rose to 27.4% in August, and public unrest due to high…

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Karachi Gold Market Shuts Down Amidst Crackdown on Illegal Trade Activities

The Karachi gold market remained closed for a sixth day due to a government crackdown on illegal trading activities, with…

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