From the original generation of Pakistanis, Avari was a shrewd businessman and a faithful community leader. But what does the Pakistan he leaves behind look like?
Crucial talks with IMF to start tomorrow as Pakistan inches towards reforms
ISLAMABAD: The 'crucial' talks between Pakistan and the International Monetary Fund (IMF) will start from Tuesday, as the IMF team under the supervision of...
NEPRA to consider relief worth almost Rs12bn for Karachiites in Feb bills
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is scheduled to conduct a public hearing on January 31, 2023, on a request submitted by K-Electric (KE) for a reduction...
Steel Industry cries foul over non opening of LCs by SBP
ISLAMABAD: The steel industry in Pakistan finds itself stuck in a state of extreme distress as the State Bank of Pakistan (SBP) continues to fail in opening letters of...
Dollar Cap, IMF, Ishaq Dar and ECAP; A week of showdowns at the exchange market
Who won and was it worth it? An account of how the Dar-peg got removed in a week
The paradox of Pakistan’s bureaucracy
Sweeping the dirt of financial discrepancies under the carpet of red tape is a money-making scheme as old as the bureaucracy itself
The looming antibiotic conundrum
Global health is bracing for yet another crisis. This time it’s not a novel virus, but resistance against antibiotics. And countries like Pakistan are at the front-and-centre
Funding vs execution – lessons for Pakistan
Pakistan in 2023 secured billions in pledges to help recover from floods, but the case of a $100 million project from 2020 in Karachi is a stark reminder that a lot go wrong during execution
Between Dar and Atif, there is a field; I will meet you there
Treat your Ferrero Rochers the way you do your oil imports. Let them be imported indiscriminately and forget this...
Avoiding Babylon
In the next decade, something monumental will happen. Somewhere either in a noisy Lahore suburb, a quiet village in...
Borrowing from the public
The sovereign remains the biggest borrower in the country, making up more than 70 percent of all banking assets, either borrowing...
Of Councils and Chambers
Do various business lobby groups operating in Pakistan represent the rentier economy?
Interest Free Economy
Pakistan is no stranger to debt. It currently has total debt of PKR 50 trillion, of which roughly PKR 33 trillion...
Miftah, bol ke lab azaad hain tere
It is embarrassing, really, for the Pakistan Muslim League Nawaz (PML-N). In their short stint in government, they have had two...
Videos
Who is Punjab’s caretaker CM Mohsin Naqvi? | Profit Profiles
We take a look at Punjab’s caretaker CM, who is a bit of an innovator when it comes to Pakistan’s news media industry.
From $250 to $78 billion: the Infosys story
We look at the humble beginnings of Infosys, India’s behemoth IT firm, which played a pivotal role in making India the global IT powerhouse...
The Aramco Story | Profit Urdu
We look at the history Saudi Aramco, the largest oil company in the world. In fact, the largest company in the world, period.
Why is the government chickening away from chicken?
The government doesn‘t want you eating chicken. Here’s all you need to know
In Case You Missed it
Ladies and gentlemen, here are your digital banks
With the central bank finally issuing NOCs for setting up digital banks, Profit looks at the contenders and their intentions
Buying influence
In the latest turn in the Chakri real estate saga, the people behind Blue World City have acquired a television channel. But why?
Why is the government chickening away from chicken?
The government doesn‘t want you eating chicken. Here’s all you need to know
The war for scraps
Already punch-drunk from censorship and changing times, a large crack has appeared within the print media industry over the most important issue there is — money
Why (and how much) Pakistanis overinvest in real estate
The obsession with real estate as an asset class is unhealthy for the economy; here is what investors should do instead
Gas shortages hit, Refinery closures loom
Gas shortages have forced disconnections for industry while refineries closures are looming around the country due to rising furnace oil stocks that the power sector is not lifting. This winter finds the country in an unusually sharp fuel supply crisis. All this was foreseen when tenders for winter LNG cargoes failed and refiners were warning for months of forced closures if their inventories continue mounting. Profit brings you a close look at the unfolding crisis.
Hey Shehri Babu – Climate Change is coming for more than your mangoes
This year’s mango saga should stand as a warning - climate change is real and it is urgent
How to break Pakistan’s Dubai addiction
The rupture in relations between Pakistan and the UAE is bad – both for the country’s citizens and for the government – but it can also be an opportunity for Pakistanis to finally stop using Dubai as a financial haven