The Executive Committee of the National Economic Council (ECNEC) on Thursday considered and approved projects worth Rs11.90 trillion in various sectors…
European Central Bank (ECB) on Thursday increased the benchmark refinancing interest rate by 25 basis points to 4.25%…
In a bold move to protect consumers and curb fraudulent practices, the Securities and Exchange Commission of Pakistan (SECP) has requested Google to take…
Due to joint and well-coordinated efforts of WB, ADB, and EAD, the ministry was able to achieve disbursement of $4.4 billion during FY23, said Sardar Ayaz….
The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO) in which it mopped up a total of Rs1.22 trillion from the market…
The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Monday, July 31, 2023, at SBP Karachi to decide about the Monetary Policy….
Microsoft Corp. (NASDAQ: MSFT) reported its earnings for the fiscal year ended June 30, 2023, wherein the revenue clocked in at $211.9 billion, up 7% YoY from..
Samsung Electronics on Thursday said the worst is over for the global memory chip market but announced plans to extend production cuts because a demand….
Alphabet Inc. (NASDAQ: GOOGL) reported its earnings for the second quarter of 2023, wherein the revenue clocked in at $74.06 billion [EPS: $1.44], beating…
Meta Platforms, Inc. (NASDAQ: META) reported its earnings for the second quarter of 2023, wherein the revenue clocked in at $32 billion [EPS: $2.98], beating…
Nestle India reported second-quarter earnings above estimates on Thursday, benefiting from price increases and demand for its chocolates and packaged foods…
Asian shares jumped to five-month highs on Thursday amid optimism the U.S. tightening cycle was over and the economy was heading for a soft landing…
The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 3.73% during the week ended July 27, 2023, while the SPI increased by 29.2%…
China Exim Bank has approved extending Pakistan’s $2.4 billion loan for a time span of two years, Federal Minster for Finance and Revenue Muhammad Ishaq…
The U.S. Federal Reserve raised interest rates by 25 basis points to 5.25%-5.5%, bringing the benchmark funds rate to its highest level in 21 years…
The International Monetary Fund (IMF) on Wednesday asked the government to submit the complete plan for petrol subsidy….
The European Union (EU) authorities have removed Pakistan from the ‘List of High-Risk Third Countries’….
The government’s borrowing for budgetary support has reached a staggering Rs2.26 tr between July and March 11…
Asian Infrastructure Development Bank (AIIB) has increased its multilateral assistance to countries including Pakistan and Sri Lanka…
Repatriation of profit and dividends by foreign investors plummeted by 80.36% YoY in 8MFY23 to $225 million….
The Economic Coordination Committee (ECC) has approved a proposal by the Ministry of Energy (Petroleum Division) to arrange a finance facility….
The Economic Coordination Committee (ECC) of the Cabinet has once again held the pharmaceutical industry’s demand for increasing the prices ….
The Economic Coordination Committee (ECC) of the Cabinet, in its meeting which is scheduled to be held today….
The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO), and Shariah-compliant Mudarabah OMO today…
The State Bank of Pakistan (SBP) on Friday decided to allow general permission to REIT Management Companies (RMC) ….
Market Data and Economic Indicators
The State Bank of Pakistan (SBP) has decided to withdraw the existing Cash Margin Requirement (CMR) on the import of items, effective from March 31, 2023….
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $280 million…
The Central Development Working Party (CDWP) on Friday approved six development projects worth Rs21.28 billion, said a press release issued today….
The Weekly Sensitive Price Indicator (SPI) for the Combined Group has increased by 1.8% during the week ended on March 22, 2023…..
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