Pakistan’s Large Scale Industry witnesses 10.26% overall decline in FY23
Import curbs, devaluation of Rupee, monetary tightening and economic slowdown serve as the main reasons
Gap between interbank and open market narrows as rupee dipsÂ
The difference between the rates in interbank and open markets has narrowed to Rs 8.49, which is still higher than IMF's stipulation
Hascol posts Rs 14.49bn in losses for 2022
The losses have ended the momentum the company built in 2021 when it reduced its losses to 1/3rd of the preceding year. Â
Inside the Fast Cables IPO
Fast Cables is looking to raise Rs. 3 billion in the primary market
Pakistan suspends Russian crude oil imports. What happens next?Â
Russian crude oil imports on hold as 'long-term' agreement on 'special discount' awaited: sourcesÂ
Can Shehbaz Sharif really be credited with saving Pakistan from default?
After 16 months of intense fiscal management, the question is who put Pakistan so close to the brink in the first place?
Amendments to Super Tax in Finance Act 2023 challenged in IHC
Round 2 between petitioners, and the FBR has commenced at the IHCÂ
Yet another power hike as NEPRA notifies FCA for June
Consumers of DISCOs and KE to pay Rs 1.81 and Rs 2.31 more per unit, respectively
RMS makes bid for Baluchistan WheelsÂ
Company intends to acquire 81.78% of Baluchistan Wheels
New tax rates imposed on property transactions in Punjab
These changes underscore the govt's ongoing efforts to enhance revenue generation
Lucky Cement pays out dividend after hiatus of three yearsÂ
At Rs 18 per share, it is the highest payout since 2018Â
Over 6,000 marble factories in KP face closure amid surging electricity prices
In a bid to avert potential industrial closures, the government has introduced a special package to alleviate electricity costs for industries in KP,
ECNEC approves proposal to partially outsource the Islamabad International Airport proposalÂ
Prime objective of outsourcing is to undertake modernisation of the existing infrastructure- Officials
PSX issues a notice to PICT for unusual share price movement
The share’s price has gone up by Rs.30 (~70%) in the last 16 days.
Senate committee recommends blacklisting of Sinohydro and GOPA
Senate Panel recommends strict action against the Board of Directors of NTDC and officials of the ministry involved