COAS reaffirms resolve against smugglers and hoarders with IMF review around corner
The strongly worded statement comes in the wake of a crackdown against currency exchanges all over the country
PIA dismisses different restructuring plan rumours
Future plan to be unveiled following the company finding suitable advisor for restructuring
How the auto sector is fumbling a 5-year plan again
Auto sector has failed to meet export, and localisation targets set out under the auto policy (2021-26)
Navigating the Indolj “Security Breach”: Separating fact from fiction
Why the supposed data breach is not as serious as one might think
Proposals for economic revival plan delayed for second time
Cabinet committee yet to firm up proposals two weeks after the stipulated deadline
Selection process of officers for trade missions abroad challenged in court
IHC asks commerce ministry why some qualified candidates weren’t even interviewed
Pakistan is set to supply fuel to ships. How did we get here?
Production set to ramp up from initial 2,000 mt to 10,000-12,000 mt in next six months
Gul Ahmed Textile Mills sees profits fall by nearly 50% in 2023
The board, over the years, has discussed the company’s expansion and diversification efforts, along with substantial investments
SECP puts a leash on nano-lending apps
No digital nano-lender will now be allowed to earn more than the principal amount from a loan.
High energy prices burn steel industry
Energy tariff increases to trigger significant steel price hike
Coal power plants allegedly exploiting imported coal prices
These coal-based power plants had committed to use coal containing 6000 calorific values (CVs) but they had been importing coal with 4500 to 5500 CVs
Govt raises Rs2.4tr against target of Rs2.3tr as yields for all tenures decline
Participation in the auction was huge as bids totaling Rs4.6 trillion were received.
Tax department registers FIR against money laundering solar panels import
Senate Standing Committee on Finance directs FBR to take strict action against the offenders under the Anti Money Laundering Act
SBP grants In-Principle Approvals (IPA) to five digital banks. Who are they?
All digital retail banks DRBs now have 12 months to get operationally ready.
Employees of WAPDA, DISCOs and others to continue getting free electricity
Across six DISCOs, the benefits in terms of just electricity units given to retired employees stand at an average of Rs 664mn per year from 2017 to 2025.