December 07, 2021 (MLN): Special Assistant to Chief Minister on Power, Taj Muhammad Tarand Monday said that Khyber Pakhtunkhwa government has approved Rs1.5 billion for up-gradation of the power distribution system and provision
December 6, 2021 (MLN): The total debt of the central government during the month of October 2021 surged by Rs4.77 trillion or 13.44% YoY to stand at Rs40.28tr when compared to Rs35.05tr recorded
December 6, 2021: The All Pakistan CNG Association (APCNGA) has rejected the decision of the Cabinet to suspend supply of gas to the CNG stations in Punjab and Khyber Pakhtunkhwa for an indefinite
December 6, 2021 (MLN): Abdul Razak Dawood on Monday has applauded Samsung Electronics on operationalizing its first TV Line-up plant in Karachi, Pakistan in collaboration with R&R Industries. In a tweet, Adviser to
December 6, 2021 (MLN): The Oil and Gas Regulatory Authority (OGRA) on Monday has reserved its decision on the Sui Southern Gas Company Limited (SSGCL) petition for raising gas tariff by Rs58.42 per
December 6, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs150 billion into the market for 4 days at 9.14 percent. Summary of
December 06, 2021: The government has achieved about 94% wheat cultivation target in Faisalabad district, said Deputy Director, Institute of Agricultural Extension and Rural Development (IAERD) Khalid Mahmood on Monday. While talking to APP, he
December 6, 2021 (MLN): Prime Minister Imran Khan will perform the groundbreaking of the most awaited Green Line Bus Rapid Transit (BRT) on December 10, 2021, Federal Minister for Planning, Development and Special
December 6, 2021 (MLN): With an expansion plan of $3.5 billion on track, Pakistan’s textile exports are likely to grow by $6bn during the ongoing fiscal year 2021-22 as compared to the last
December 6, 2021 (MLN): Pakistan and Saudi Arabia signed a landmark momentous agreement for certification and employment of Pakistani skilled workforce through Takamol and NAVTTC, said a press release issued on Sunday. The
December 06, 2021: Sui Northern Gas Pipelines (SNGPL) has detected around 87,197 cases of gas theft on its network during the last fiscal year, under a comprehensive Unaccounted for Gas (UFG) reduction plan
December 05, 2021 (MLN): Football exports during the first four months of fiscal year of 2021-22 grew up by 17.22% as compared to the exports of the corresponding period of last year, data
December 05, 2021 (MLN): Minister for Information Technology and Telecommunication Syed Amin-ul-Haque on Sunday said the government is working to introduce National Artificial Intelligence Policy. Addressing Block Chain Conference in Karachi, he said
December 5, 2021 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in
December 5, 2021 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. Minister for Energy Hammad Azhar
June 7, 2021 (MLN): The government has utilized 70.5% of the Economic Stimulus Package announced by the Prime Minister to absorb covid-related shock, while 29.5% of the funds remained unutilized, an official document issued by
June 7, 2021: Abhi, a Karachi-based startup that provides employee salary advances based on accrued wages, has raised $2 million for their seed round. The funding round, which was led by VEF, the emerging market
June 7, 2021: Central Directorate of National Savings (CDNS) has received an increased investment of Rs 52 billion by June 2, of this Fiscal Years 2020-21 from the registered Premium Prize Bond of Rs 40,000
June 7, 2021: National Electric Power Regulatory (NEPRA) has approved 44 paisa per unit reduction in power tariff under monthly fuel adjustment (FCA) for April. Central Power Purchase Agency (CPPA-G) on behalf of X-WAPDA DISCOs
June 7, 2021: Indus River System Authority (IRSA) on Monday released 246,200 cusecs water from various rim stations with inflow of 321,100 cusecs. According to the data released by IRSA, water level in the Indus
June 7, 2021: Special Assistant on Food Security Jamshed Iqbal Cheema says government is taking effective measures to increase the production of cotton in the country. In a statement on Sunday, he said about 90
June 7, 2021: Finance Minister Shaukat Tarin says new Auto Policy should be designed in a manner beneficial for all the three relevant stakeholders; the consumer, manufacturer and the government. He was talking to Minister
June 7, 2021: Federal Minister for Finance and Revenue, Shaukat Tarin addressed a virtual meeting with the representatives of the US-Pakistan Business Council (USPBC) through a virtual link at the Finance Division. SAPM on Finance
June 7, 2021: The Executive Committee of the National Economic Council has approved various projects worth over Rs326billion rupees. The ECNEC, which met in Islamabad with Finance Minister Shaukat Tarin in the chair approved dualization
Market Data and Economic Indicators Weekly Performance Jun 04, 2021 May 28, 2021 PKR InterBank 154.6191 154.4341 KSE100 Index 48,211.70 47,126.29 Avg Daily Volume 1,121,493,915 1,237,389,399 Gold (Karachi) Rs/10 gm 95,850 95,850 KIBOR 6M
June 6, 2021: In compliance with the directives of the Honourable Prime Minister and under guidance of the Finance Minister, the Government has completed the first payment transaction of 40% to 20 IPPs amounting to
June 6, 2021: The United States, through the U.S. Agency for International Development (USAID), mobilized an airlift of critical health supplies that arrived yesterday in Pakistan to help save lives, stop the spread of COVID-19,
June 6, 2021 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic
June 06, 2021 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator (SPI) for the
June 04, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.61% during the week ended Jun 03, 2021 while the SPI increased by 16.12% compared to the corresponding period
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