SBP Exempts Certain Deposits from Minimum Profit Rate Requirement
The State Bank of Pakistan (SBP) has announced an exemption for specific types of deposits from the Minimum Profit Rate
SBP Mandates Islamic Banks to Pay 75% of Gross Yield on PKR Savings
The State Bank of Pakistan (SBP) has announced a new directive requiring Islamic Banking Institutions (IBIs) to pay profits on
Foreign Loans to Pakistan Drop by 55% Due to IMF Program Delays
Foreign assistance inflows into Pakistan have plummeted by over 55% to $2.7 billion during the first four months of the
Pakistan and Belarus to Sign 16 MOUs to Enhance Bilateral Cooperation
A key agreement involves the Finance Division of Pakistan signing an MOU with the Financial Monitoring Unit and the Financial
Govt Receives Over 20,000 Applications for Hajj Scheme
As of Monday evening, the Ministry of Religious Affairs has received 20,170 applications for the government’s regular Hajj scheme. Nationwide,
FBR to Miss Tax Collection Target for November 2024
The Federal Board of Revenue (FBR) is facing the challenge of meeting its ambitious tax collection target of Rs. 1,003
Ghani Chemical Industries Shareholders Approve Demerger and Merger Scheme
Shareholders of Ghani Chemical Industries Limited (PSX: GCIL) have unanimously approved a comprehensive Scheme of Compromise, Arrangement, and Reconstruction involving
Pakistan Stock Exchange Hits Record High as the Index Closes Above 98,000
The Pakistan Stock Exchange (PSX) KSE100-Index reached a record high on Monday, gaining 281.55 points to close at 98,079.78, surpassing
ECNEC Approves Several Development Projects Worth Over Rs. 172 Billion
The Executive Committee of National Economic Council (ECNEC) on Monday approved 10 out of 11 proposed development projects costing Rs
Gold Prices in Pakistan Drop by Rs. 4,300 After Last Week’s Surge
Gold prices in Pakistan experienced a notable decline on Monday, following a substantial increase of over Rs. 15,000 per tola
