2 years ago Bloodbath at PSX: KSE-100 Index Loses 4,800 Points in Worst Single-Day Decline in History The Pakistan Stock Exchange (PSX) experienced its worst trading day ever on Thursday, as the benchmark KSE-100 index plunged by
2 years ago Cabinet Division Declines to Disclose Pakistan Cricket Team Salary Details, Cites Confidentiality The Cabinet Division has refused to share details regarding the salary packages and financial benefits of individuals associated with the
2 years ago Dollar Outflow Jumps 112% to $1.12 Billion in First Five Months of FY25 With an improvement in foreign exchange reserves, Pakistan has relaxed restrictions on the outflow of profits and dividends, which have
2 years ago OGDCL Begins Production from Kunnar West Well-3 in Sindh The Oil & Gas Development Company Limited (OGDCL), listed on the Pakistan Stock Exchange (PSX: OGDC), has successfully commenced production
2 years ago Pakistan’s Default Risk Plummets as CDS Spread Falls 93% Amidst Improved Economic Outlook Pakistan’s Credit Default Swap (CDS) spread, a key indicator of credit default risk, has fallen to 505 basis points (5.05%),
2 years ago ECC Approves Summaries for PM Youth Loan, SIFC Grant and Urea Subsidy The Cabinet’s Economic Coordination Committee (ECC), chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, has approved 16
2 years ago FBR to Restrict Non-Filers from Buying Cars, Property, and Conducting Bank Transactions The government is set to introduce tougher measures against non-filers as part of its efforts to enhance tax compliance. Under
2 years ago Implementation of Agricultural Income Tax Delayed Until July 2025 Under IMF Conditions The implementation of the International Monetary Fund’s (IMF) condition to impose income tax on agricultural income has been delayed and
2 years ago 20 Govt Offices Owe Over Rs. 200 Million in Gas Bills to SNGPL The Sui Northern Gas Pipelines Limited (SNGPL) has identified 20 major public sector entities as defaulters, with outstanding gas bills
2 years ago Corporate Users Directed to Safeguard eZfile Login Credentials Against Misuse The Securities and Exchange Commission of Pakistan (the Commission), in the exercise of its powers, hereby requires the corporate users