Feb 10, 2022: Prime Minister Imran Khan on Thursday said the approval of over 70,000 housing projects worth Rs 1.4 trillion so far would have an overall impact of Rs 7.3 trillion on
February 10, 2022 (MLN): The total deposits held by scheduled banks have shown a growth of 17% YoY to around Rs20 trillion in the first month of the calendar year i.e., January 2022,
February 10, 2022: Association of Builders and Developers of Pakistan (ABAD) has appreciated Honourable Sindh High Court for withdrawing its own demolition order against a high-rise building Al Jannat Royal Residency in Garden
February 10, 2022: The eurozone economy will grow less than expected this year, the European Commission said on Thursday, as energy prices and supply chain problems jack up inflation and delay a more
February 10, 2022: European stock markets climbed at the open on Thursday, as investors digested a barrage of company results ahead of key US inflation data. London's benchmark FTSE 100 index of major
February 10, 2022: Indus River System Authority (IRSA) Thursday released 69,245 cusecs water from various rim stations with an inflow of 48,852 cusecs. According to the data released by IRSA, the water level
February 10, 2022 (MLN): Morgan Stanley Capital International Inc (MSCI), a leading provider of research-based indexes and analytics, has announced that Pakistan will become eligible for inclusion in the MSCI Frontier Markets 100
February 10, 2022: Governor Sindh Imran Ismail on Wednesday said that the incumbent government is taking action against the elements involved in gas pilferage and the heavy penalty had been imposed to control
February 9, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs592 billion, against its target of Rs500bn while it
February 09, 2021 (MLN): Pakistan’s overall fiscal deficit in 1HFY22 stood at 2.1% of GDP (Rs1.37 trillion) against 2.5% of GDP (Rs1.137tr) in 1HFY21, showing a surge of Rs233 billion or 20% YoY,
February 09, 2022 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Wednesday has deferred the Power Division’s two summaries on Settlement of Payables to government-owned power plants and reinstatement of a
February 9, 2022: Federal Minister for Privatisation Mohammedmian Soomro chaired a meeting to review the ongoing major transactions in Islamabad today. The newly appointed Chairman Privatisation Saleem Ahmed also attended the meeting. Federal
February 09, 2022: SECP Chairman Mr. Aamir Khan said that the SECP is geared towards creating an investment-friendly ecosystem, through the use of technology for enhancing the market depth, liquidity and outreach, with
February 09, 2022 (MLN): Pakistan has successfully supported growth through the global Covid shock while lowering public debt and increasing foreign exchange reserves, said Dr Reza Baqir, Governor State Bank of Pakistan while
February 9, 2022 (MLN): The provincial government of Punjab is all set to implement the Minimum Pasteurization Law by July 2022 with the pilot programme set to begin in Lahore from March, Coordinator
August 27, 2021: Foreign Minister Shah Mahmood Qureshi has reiterated Pakistan’s desire to work with Iran in all areas to further strengthen fraternal ties. He expressed these views during a meeting with President of Iran
August 27, 2021: Prime Minister Imran Khan says the present government despite various challenges has put the economy on right track and all major economic indicators are showing upward trends. The Prime Minister was addressing
August 27, 2021: The government in the wake of three years performance report has prepared a comprehensive roadmap for stability, growth and employment. It said, the government had taken immediate policy measures to correct macro-economic
August 26, 2021 (MLN): A meeting of the Cabinet Committee on Energy (CCOE) on Thursday, approved the Indicative Generation Capacity Expansion Plan (IGCEP) 2021-30, The meeting was held under the Chairmanship of the Federal Minister
August 26, 2021 (MLN): Pakistan's merchandise trade deficit for the month of July 2021 clocked in at $3.26billion compared to a deficit of $1.67bn in the corresponding month last year, depicting a growth of 95%
Aug 26, 2021: The Ministry of Housing and Works has launched Prime Minister Low Cost Housing Scheme under which the deserving families were getting financial assistance up to Rs 500, 000 through Akhuwat Islamic Microfinance
Aug 26, 2021: The incumbent government devised a concrete strategy to ensure access to affordable, reliable, sustainable and indigenous electricity for all by 2030. According to the three-year performance report of the government released on
Aug 26, 2021: Due to special emphasis paid by the incumbent government on agriculture sector, the output of all major crops witnessed gradual and significant increase during first three years of its tenure, besides introducing
August 26, 2021: The production of mobile phones by local manufacturing plants has surpassed the number of mobile phones imports in the country. During Jan-July 2021, the production of mobile phones by local manufacturing plants
August 26, 2021 (MLN): Multinational companies operating in Pakistan repatriated $159.2 million in profit and dividends on investments in the country during July 2021 which was 55% lower than the profits of $354.5mn repatriated in
Aug 26, 2021: Foreign Minister Shah Mahmood Qureshi on Thursday said implementation of Turkmenistan-Afghanistan-Pakistan-India gas pipeline (TAPI) was beneficial for the entire region, with Afghanistan alone to get $1 billion as transit fee and royalty.
Aug 26, 2021: Federal Secretary, Board of Investment (BOI), Fareena Mazhar on Thursday said the World Bank's coming, Ease of Doing Business (EODB) report 2021-22 to be issued in December this year, which is expected
Aug 26, 2021: Pakistan during the two-decades-long US war on terror in Afghanistan faced huge economic losses where the country only received 31.3 percent of the total promised funding under the US Agency for International
August 26, 2021 (MLN): Pak Elektron Limited (PAEL) has reported net profits of Rs1bn (EPS: Rs2.02) for 1HCY21, as against the net loss of Rs425.8mn (LPS: Rs0.90) in the corresponding period last year. The turnaround
August 26, 2021: Indus River System Authority (IRSA) Thursday released 248,300 cusecs water from various rim stations with an inflow of 243,600 cusecs. According to the data released by IRSA, the water level in the
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