Sazgar Engineering Works Profit Increases by 700% to Rs. 7.9 Billion in FY24
Sazgar Engineering Works Limited (SAZEW) has announced impressive financial results for the fiscal year 2024, with a profit after tax
Gold Prices Ease Slightly After Reaching Record High in Pakistan
After reaching a record high of Rs. 272,500 per tola on September 21, gold prices in Pakistan eased slightly on
OGDC Profit Falls to Rs. 208.9 Billion in FY24, Marking a 7% Decline
The Oil & Gas Development Company Limited (PSX: OGDC) has reported a profit after tax (PAT) of Rs. 208.9 billion,
Senate Committee Calls for More Action Against Banks Involved in 2022 Currency Manipulation
The Senate Standing Committee on Economic Affairs has resolved to recommend further action against banks implicated in the 2022 currency
Investment-to-Deposit Ratio Surpasses 100% for the First Time, ADR Falls to Record Low
In a first, the Investment-to-Deposit Ratio (IDR) in Pakistan has exceeded 100 percent, while the Advance-to-Deposit Ratio (ADR) has dropped
SBP Confirms IMF Loans Solely Allocated for Balance of Payments Management
In a recent briefing to the Senate Standing Committee on Economic Affairs, officials from the State Bank of Pakistan (SBP)
SBP Allows Continued US Dollar Imports by Exchange Companies Until Mid-2025
The State Bank of Pakistan (SBP) has allowed exchange companies to import US dollars till June 2025. The central bank
Govt Likely to Increase Rental Allowance for Grade 1 to 22 Employees
The federal government is likely to announce a 45% increase in the house rent ceiling for its employees, ranging from
Man Caught Smuggling Dozens of iPhone 16 Pro Max into Pakistan
Customs authorities at Islamabad Airport have seized over two dozen imported phones, including the newly launched iPhone 16 Pro Max,
Farmers Warn of Dire Consequences from FBR’s Tractor Sales Tax Proposal
The farming community in Pakistan has voiced strong opposition to the Federal Board of Revenue’s (FBR) proposal to increase the
