HeadlinesMCB Bank profits drop 18% in Q1; quarterly net profit at Rs 14.65 bn
Stock price climbs as investors show mixed reaction, MCB reports weaker earnings but maintains high payout
Apr 23, 2025
News Desk
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HeadlinesGovt speeds up disbursement of federal development funds ahead of fiscal year-end
81% of revised PSDP funds issued as government rushes to meet targets
Apr 23, 2025
Aurangzeb cites early signs of economic stability, urges long-term reforms
Finance Minister outlines reform progress, stresses need for consistency
Apr 23, 2025
HeadlinesPakistan showcases economic turnaround at Washington dialogue hosted by embassy
Dialogue underscores investor interest, reform momentum amid IMF, World Bank meetings
Apr 23, 2025
HeadlinesMajority expects SBP to cut rates by at least 50bps ahead of May 5 meeting: survey
Central bank faces balancing act as market eyes easing amid inflation relief
Apr 23, 2025
HeadlinesPakistan’s economy stabilises with projected 2.7% growth in 2025: WB report
World Bank report highlights challenges in job creation and poverty reduction despite stabilisation efforts
Apr 23, 2025
HeadlinesPakistan’s poverty rate projected to touch 42.4% in FY25
Despite economic stabilisation and inflation easing, 1.9 million more expected to become poor as growth remains insufficient to reduce poverty, says World Bank
Apr 23, 2025
HeadlinesPakistan’s trade deficit with neighbors widens 34.37% to $8.47bn in FY25
Exports to Afghanistan, Bangladesh, and Sri Lanka rise by 64.48%, 25%, and 25% respectively, but overall trade gap increases due to rising imports from China, India, and Bangladesh, reaching $11.88 billion in imports
Apr 23, 2025
HeadlinesFBR expands criteria for suspension of sales tax registration
Tax body empowered to suspend businesses if they refuse access to premises for inspection, fail to provide records
Apr 23, 2025
Headlines800 oil tankers stranded due to protests, raising concerns of petroleum shortages in Punjab, Sindh
Ongoing road blockages threaten fuel supply, with protests against controversial canal project disrupting key routes
Apr 23, 2025
HeadlinesPakistan’s auto industry orchestrates a strong rebound in 3QFY25; report
Revival of vehicle production and sales as supply chain disruptions ease; Indus and Honda show varying growth trajectories
Apr 22, 2025
HeadlinesBOP posts 6% rise in Q1 profit, achieves record cash dividend
Net interest and FX gains lift bottom line in Jan–Mar quarter
Apr 22, 2025