More than 120 life-saving medicines vanish from Lahore pharmacies
There seems to be no end in sight for patients in the provincial capital as vital meds for diabetes, heart conditions, and liver disease among 120 that are unavailable.Â
As rupee freefalls, differing exchange rates may land govt in hot water with IMF
The rupee closed at Rs 303.05 against the dollar in the interbank market, and was being sold as high as Rs 323 by exchange companies.
Battle for K-Electric heats up
Statement comes following both parties having declared victory in the Cayman Grand Court’s ruling about K-Electric’s board of directorsÂ
International Organization for Standardization (ISO) suspends Pakistan for non-payment of subscription fee
ISO had outlined the process for membership restoration upon clearing the outstanding fee.
SECP issues the first certificate of Shariah compliance to REITs. Why now?Â
Signature Residency REIT and Rahat Residency REIT have been given shariah compliance certificates as the government continues to move towards an interest free financial system.Â
Track and trace of cotton as well. But will it be effective?Â
Manufacturers often under-report their production numbers precisely to evade tax.
Caretaker health minister orders DRAP to promptly deal with artificial drug shortagesÂ
Caretaker health minister Nadeem Jan directs the Drug Regulatory Authority of Pakistan to speed up work on curtailing the artificial shortage of medicine in the market.Â
Demand for Pakistan’s rice surges as India mulls Non-Basmati export ban
The question arises that what is more important: foreign exchange reserves or affordable food?
FBR seizes cigarettes from a leading manufacturer for alleged tax violations
Philip Morris confirms raid, says it is ‘completely tax compliant’Â
‘Official’ and ‘actual’ rates emerge within open market rate of the dollar
Exchange companies association claims the dollar is selling at Rs 312 on the open market. Actual rate on open market hovering around Rs 315. Both rates indicate a gap with the interbank rate that fails to meet IMF criteria.Â
Country’s power generation registers nearly 5pc growth, cost plummet by 22.1% in first month of FY 2023-24
Cost plummet can be attributed to the reduction in power generation from coal Furnace Oil (FO), and Re-gasified Liquid Natural Gas (RLNG) sources
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 battleÂ
Both parties have declared the court to have ruled in their favour in round 2 of the battle over control of K-ElectricÂ
As Afghanistan slashes coal prices again, can cement and power companies profit?Â
Royalties slashed by Rs 1,060 per ton, and customs duties slashed by Rs 4,400 per tonÂ