Cash in Circulation Surge By Rs. 214.5 Billion in a Week in Pakistan
Cash holdings in Pakistan have seen a significant increase, rising by Rs. 214.5 billion in the week ending October 4,
UK’s Vanguard Fund Sells 50% Position in Pakistani Stocks
Vanguard, a fund benchmarked to the FTSE index, has significantly reduced its holdings in Pakistani stocks, selling approximately $135 to
Pakistan’s Debt Market Sees First Annual Inflow in 5 Years Amid High Yields and Stable Rupee
Pakistan’s local debt market is experiencing its first annual inflow in five years, driven by attractive yields and a more
Govt Proposes New ‘Take and Pay’ Model for IPPs
The government is preparing to offer a new ‘take and pay’ model to 18 Independent Power Producers (IPPs) established under
SCO Summit in Islamabad Welcomes High-Profile Delegates, Including India’s Foreign Minister
India’s Minister for External Affairs, Subrahmanyam Jaishankar, arrived in Pakistan on Tuesday to attend the two-day meeting of the Council
Gold Prices in Pakistan Drop by Rs. 700 Per Tola, Remain Near Record High
The price of gold in Pakistan fell by Rs. 700 per tola on Tuesday, yet it remains close to the
PTCL’s Losses Increase to Rs. 15.3 Billion in the First 9 Months of 2024
Pakistan Telecommunication Company Limited (PTCL) reported significant losses amounting to Rs. 15.3 billion for the nine months ending September 30,
State Bank of Pakistan Expands RAAST Payment System to Provincial Accountant Generals
The State Bank of Pakistan (SBP) is set to expand its RAAST payment system to include the provincial chapters of
Less Than Rs. 1 Million Collected: FBR’s Tajir Dost Scheme Collection Misses Target by 99.99%
The Federal Board of Revenue (FBR) has significantly underperformed in its tax collection efforts under the Tajir Dost Scheme, a
Pakistan and China Sign 13 Accords to Boost Bilateral Cooperation
Pakistan and China reaffirmed their strategic cooperative partnership, emphasizing mutual trust and shared principles, during a high-level meeting in Islamabad
