UBL Board Approves Merger With Silkbank Through Share Swap Arrangement
The Board of Directors of United Bank Limited (UBL), in its 252nd meeting held on Monday, approved the amalgamation of
Motorway Police Collects Record-Breaking Rs. 15.4 Billion Fine in 2024
The National Highways and Motorway Police (NHMP) collected a record Rs. 15.4 billion in fines from January to November 2024,
Banking Sector Advances Surge by Rs. 1.47 Trillion in October to Meet ADR Targets
In a bid to meet the Advance-to-Deposit Ratio (ADR) targets set by the banking regulator and avoid penalties, banks in
Pakistan’s Trade Deficit Narrows by 18.6% in November 2024
Pakistan’s trade deficit shrank by 18.60% year-on-year (YoY) in November 2024, reaching $1.589 billion, compared to $1.952 billion recorded in
Govt to Shut Down 1,000 Loss-Making Utility Stores
The federal government has decided to close nearly 1,000 loss-making Utility Stores across the country as part of a major
Gold Prices in Pakistan Drop Further Amid Global Decline
Gold prices in Pakistan continued their downward trend on Monday, reflecting a decrease in international rates. According to the All-Pakistan
PSX Records Highest Traded Value Since 2017, Closes at All-Time High
The Pakistan Stock Exchange (PSX) achieved a significant milestone on Monday, with market activity reaching a 7.5-year high. The benchmark
K-Electric Seeks Tariff Hike of Up to Rs. 6 Per Unit, NEPRA to Hold Public Hearing
NEPRA is scheduled to hold a public hearing on KE’s application to review the proposed tariff hike. The increase, if
NITB Data Finds Irregularities in Rs. 2.77 Billion Wheat Seed Subsidy
Data shared by the National Information Technology Board (NITB) has uncovered significant irregularities in the wheat seed subsidy program for
Pakistan’s Inflation Drops to 4.9% in November 2024, Lowest in 6.5 Years
Pakistan’s Consumer Price Index (CPI)-based inflation slowed to 4.9 percent year-on-year (YoY) in November 2024, marking a significant decline from
