HeadlinesOGDCL commences oil and gas production at Kunnar West Well-3 in Sindh
Current production levels are 3.5 mmscfd of gas, 30 bdp of condensate, and 3.8 metric tons per day of LPG
Dec 19, 2024
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HeadlinesPetroleum imports rise to $6.52 billion in first five months of FY25
LNG imports valued at $1.54 billion and crude oil imports at $2.16 billion drive growth
Dec 19, 2024
HeadlinesSBP injects Rs1.2trn into market via reverse repo, Shariah-based OMOs
Reverse repo operation absorbs Rs1,013.65 billion; Shariah-compliant OMO secures Rs189 billion
Dec 19, 2024
HeadlinesGovt raises Rs382 billion in PIB auction, yields decline across maturities
Two-year PIB yield drops 55 bps to 12.5%; SBP signals inflation stability amid recent rate cuts
Dec 19, 2024
HeadlinesECC approves over Rs50 billion in grants, subsidies, and development initiatives
Major allocations include Rs 10 billion for urea subsidies, Rs 14 billion for solarizing tubewells, and Rs 1.086 billion for ZTBL claims
Dec 19, 2024
HeadlinesUS imposes sanctions on National Development Complex, three other entities linked to Pakistan’s missile program
Foreign Office rejects US sanctions as 'biased', terming them a threat to regional stability and peace
Dec 19, 2024
HeadlinesFBR empowered to link income tax data with banks under new tax law amendments
Commissioner Inland Revenue is authorized to bar operations of bank accounts for individuals who fail to register for sales tax
Dec 19, 2024
HeadlinesPakistan’s default risk drops 93% as CDS spreads hit multi-year low
Investor confidence rises as CDS spreads recover to May 2022 levels, paving the way for Pakistan’s re-entry into global markets
Dec 19, 2024
TechUS Authorities Weigh Ban on China’s TP-Link Routers Over Cybersecurity Risks
Concerns over potential cyberattacks prompt investigations by Commerce, Defense, and Justice departments
Dec 18, 2024
HeadlinesYousuf Weaving Mills denies allegations of being blacklisted by ICA
Company rebuffs claims of default, blames misunderstanding linked to an associated undertaking
Dec 18, 2024
HeadlinesGovernment tightens grip on non-filers through Tax Law Amendment Bill 2024-25
Dec 18, 2024
HeadlinesPakistan’s power generation rises 6% YoY in November
November surge marks second consecutive YoY increase, but 5MFY25 output still lags
Dec 18, 2024