11 months ago Pakistan’s Foreign Exchange Reserves Fall by $540 Million in One Week The State Bank of Pakistan’s foreign exchange reserves dropped by $540 million during the week ending March 21, falling to
11 months ago Relief for Power Consumers: IMF Greenlights Rs. 1 Per Unit Cut in Electricity Bills The International Monetary Fund (IMF) has approved a reduction of one rupee per unit in electricity tariffs for all consumers
11 months ago KSE-100 Companies Post Rs. 1.62 Trillion in Earnings for 2024, Down 1% Year-on-Year Pakistan’s top-listed companies recorded combined earnings of Rs. 1.62 trillion in 2024, reflecting a marginal decline of 1 percent compared
11 months ago FBR Seals Three Luxury Watch Outlets in Karachi Over Rs. 180 Million Tax Evasion The Federal Board of Revenue (FBR) has sealed three high-end watch outlets in Karachi following investigations that revealed significant tax
11 months ago Cabinet Rejects Solar Net Metering Changes, PM Orders Policy Review The federal cabinet on Wednesday postponed approval of the controversial solar net metering policy after several members, including Prime Minister
11 months ago Pakistan’s GDP Grows 1.73% in Q2 Despite Industrial Contraction Pakistan’s economy expanded by 1.73% in the second quarter of fiscal year 2025, despite a 0.18% contraction in the industrial
11 months ago Pakistan Increases Reko Diq Project Cost to $6.8 Billion Following New Study The cost estimate for the initial phase of Pakistan’s Reko Diq copper and gold mining venture has jumped 58 percent
11 months ago IMF and Pakistan Finally Reach Staff-Level Agreement for $1 Billion Loan, $1.3 Billion Climate Facility The International Monetary Fund (IMF) and Pakistani authorities have reached a staff-level agreement on the first review of Pakistan’s Extended
11 months ago Sapphire Textile Mills to Acquire Minority Stake in UK-Based RTS Textiles Group Sapphire Textile Mills Limited (PSX: SAPT) has announced its plans to acquire a minority stake in RTS Textiles Group Limited,
11 months ago Pakistan Receives $9.768 Billion Through Roshan Digital Accounts As of February Pakistan has received inflows of $9.768 billion through the Roshan Digital Account (RDA) initiative from September 2020 to February 2025,