Power Minister sets April 23 deadline for DISCOs to remove illegal connections or face strict action
No leniency will be given to power pilferers irrespective of their status and position, says Leghari
IMF emphasizes reforms over financial aid size in talks with Pakistan
Devaluation of Pakistani rupee is not anticipated in the ongoing IMF negotiations, says AurangzebÂ
SBP sees uptick of $14.4mn in foreign reservesÂ
Total liquid foreign reserves of the country stand at $13.373 billion as of April 12, 2024
SBP slaps over Rs775mn in fines on eight banks, one exchange company
Bank Alfalah faces highest fine of Rs187.652 million for violations in foreign exchange and general banking rules
IMF forecasts Pakistan’s fiscal deficit at 7.4% of GDP, exceeding govt targets
Fund also predicts a gradual decrease in debt-to-GDP ratios and government expenditures over the medium-termÂ
Auto sales drop by 38% in 9MFY24 due to rising prices, high interest rates
Sales decline by 3% MoM to 9,379 units in March 2024
Another Rs2.94/unit hike in power tariff under FCA on the cards
CPPA submits Discos’ request to NEPRA to jack up tariff under Fuel Charges Adjustment of March
Mari Petroleum successfully drills third appraisal well in Ghazij Formation
Post-acid gas flow rate from the well is 10.5 MMSCFDÂ
Pakistan’s large-scale industry sees modest growth in FebruaryÂ
Index records third consecutive monthly rise, mixed results across key sectors
SECP directs listed companies to disclose gender gap data
Initiative meant to assist listed companies in assessing and reporting gender pay differentials within their organizations
PM forms committee to address Weighted Average Cost of Gas implementation
Committee is mandated to delve into the multifaceted issues associated with WACOG and present its report within seven days
SECP files criminal complaint against two individuals on charges of frontrunning
Accused were found involved in front running vis-Ã -vis equity trading by a large institutional investor
Ali Rathore appointed as CEO of Engro FertilizersÂ
Rathore’s new role will be effective from April 26, 2024Â
Bank Alfalah grants in-principal approval to Bank Asia’s offer for Bangladesh operations acquisition
Transaction is subject to compliance with all applicable regulations and obtaining necessary regulatory approvals
Pakistan, World Bank agree on 10-year framework plan
World Bank assures its full support for reforms and digitalisation to stabilise Pakistan’s economy