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Business

Pakistani Rupee Gains Rs5 Against US Dollar as IMF Agreement Boosts Currency

The Pakistani rupee experienced a significant gain of Rs5 against the US dollar on Monday, which experts attribute to the…

3 Min Read

Saudi Arabia and UAE to Invest Billions in Pakistan’s Tech, Agriculture, and Mining Sectors

Dr Musadik Malik, Pakistan's Minister of State for Petroleum, mentioned that Saudi Arabia and the United Arab Emirates have expressed…

2 Min Read

Bullish Revival at Pakistan Stock Exchange following IMF Agreement

Pakistan Stock Exchange (PSX) showcased a significant bullish trend on Monday. The KSE-100 benchmark index crossed the 2,000-point mark, fueled…

3 Min Read

Pakistan’s Emergency Lifeline: A $3 Billion IMF Rescue Package

In a crucial move to prevent a looming economic meltdown, Pakistan secured a $3 billion short-term financing agreement from the…

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SBP Declares Bank Holiday on July 3

The State Bank of Pakistan (SBP) has declared a bank holiday for public dealings on July 3, which falls on…

1 Min Read

Federal Government Announces Substantial Reduction in LPG Prices for Eid

The federal government has significantly cut down LPG prices to offer public relief on Eid. The Oil and Gas Regulatory…

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Diesel Price Hike Amidst Unchanged Petrol Prices

In a significant announcement by Finance Minister Ishaq Dar, petrol prices in the country will remain unchanged. However, the diesel…

2 Min Read

Sharp Drop in Profit and Dividend Repatriation in Pakistan

The State Bank of Pakistan (SBP) data indicates the repatriation of profits and dividends on foreign investments in Pakistan experienced…

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FBR Misses Revised Tax Collection Target for Fiscal Year 2022-2023 by Rs75 Billion

In the recently concluded financial year, the Federal Board of Revenue (FBR) fell short by Rs75 billion in reaching its…

2 Min Read