Rupee dips to lowest ever against dollar

Rupee expected to fall to fresh lows as imports rise and difference in interbank and open markets narrows

Mashreq set to commence digital banking in Pakistan

The commencement of operations is announced roughly even months following the bank's NOC approval for digital banking in Pakistan

Understanding K-Electric’s Cayman legal battle 

Both parties have declared the court to have ruled in their favour in round 2 of the battle over control of K-Electric 

As Afghanistan slashes coal prices again, can cement and power companies profit? 

Royalties slashed by Rs 1,060 per ton, and customs duties slashed by Rs 4,400 per ton 

General Tyres accused of evading mandatory PSQCA registration since 2016

GTR directed to immediately halt all operations involving the manufacturing, sale, and storage of tyres

The SC ordered the Sindh govt to compensate affectees of anti-encroachment drives. They ignored the orders. What happens now?   

The landmark June 2021 Supreme Court verdict not only ordered settlements to be demolished through the anti-encroachment drive, but also that the affectees be rehabilitated substantially. 

Public debt: How did the PDM govt do?

Measuring public debt is a complicated business. Profit looks at the different measures by which we can measure it in Pakistan. 

Pakistan records current account deficit after 4 months of surplus

The current account recorded a deficit of $0.81 billion in July compared to a surplus of $0.5bn in June

Cement sector finally implements Track and Trace System

Real-time production monitoring with the system to ensure accurate tax assessment

Mango exports to Iran resume amidst controversy over hot water treatment

Exporters allege DPP of favouritism towards a specific HWT plant

Facing continued losses, provincialisation of DISCOs issue to go to caretaker cabinet

The companies have suffered Aggregate Technical & Commercial Losses of more than Rs292bn 

FBR set to auction properties of iconic Bio Amla manufacturer to recover taxes

The investigation first began in 2017 with accusations of under-invoicing and tax evasion.

Hit by taxation, Philip Morris faces 10.89% decline in sales

The decline comes after a massive increase in prices because of added taxation. 

Supernet Technologies born after SuperInfra’s acquisition of Hallmark

New entity to allow Supernet to shift to the main PSX board after its subsidiary acquired 81.4% of Hallmark

SECP strikes down 120 illegal personal loan applications 

Only SECP-approved Personal Loan Apps to be permitted for listing on the Google Play Store from now