October 22, 2021: Indus River System Authority (IRSA) Friday released 61939 cusecs water from various rim stations with an inflow of 62712 cusecs. According to the data released by IRSA, the water level
October 22, 2021: The Prime Minister said the construction of Lift-cum-Gravity project of Chashma Right Bank Canal (CRBC) would be a real game-changer for the socio-economic uplift of a vast area in southern
October 21, 2021: The Financial Action Task Force (FATF) has reviewed Pakistan’s progress on FATF Action Plans in its plenary meeting held on 21st October 2021. The FATF has recognized considerable progress made
October 21, 2021 (MLN): Oil and Gas Development Limited, being the operator of Jandran West Exploration License with 100% Working Interest, has made a Gas discovery over Mughalkot Formation from its exploratory efforts
October 21, 2021: European stock markets retreated at the start of trading on Thursday following a sharp loss in Tokyo. London's benchmark FTSE 100 index shed 0.5 percent to 7,187.60 points. In the
October 21, 2021 (MLN): The Banking sector spread for September 2021 shrunk by 15.05 basis points (bps) over the month which brings its latest value to 4.11% as compared to prior month's spread
October 21, 2021: A 300 megawatts coal-fired Gwadar Power Plant would start functioning from October 2023, said official sources. The power plant would cater the needs of some 150,000 people of Gwadar by
October 20, 2021 (MLN): Electricity generation increased by 7.1% to 14,032 GWh (19,489 MW) during Sep'21 compared to 13,104 GWh (18,200 MW) in Sep’20. Taking to his Twitter handle, Asad Umar, Minister for
October 21, 2021: Most Asian markets rose Thursday following another strong Wall Street lead as positive earnings continued to smother inflation and taper worries, while Hong Kong fluctuated and Evergrande tumbled with the
October 21, 2021: As per SBP, the current account deficit has reduced to USD 1.13 billion In September from USD 1.47 billion in August. Overall, the deficit in the first quarter was reported
October 20, 2021: European stock markets dipped at the open Wednesday following a largely positive showing in Asia. London's benchmark FTSE 100 index eased 0.1 percent to 7,213.41 points. In the eurozone, Frankfurt's
October 20, 2021 (MLN): Pakistan’s trade deficit in services worsen by 34.5% YoY to $717million during the first quarter of the fiscal year 2022 from $533mn in the same period of the previous
October 20, 2021: The world's nations are currently planning to produce more than double the amount of coal, oil, and gas consistent with limiting global warming to 1.5 degrees Celsius, the United Nations
October 20, 2021: Asian markets advanced further on Wednesday, joining a global rally fuelled by strong earnings, while investors were keeping tabs on comments from the Federal Reserve as it prepares to bring
October 20, 2021: Minister for Planning and Development Asad Umar says the government has decided in principle to reduce the edible oil price by forty-five to fifty rupees per kilogram. Addressing a news
April 15, 2021: His Excellency Mr. Kuninori Matsuda, the Ambassador of Japan called on the Federal Minister for Finance, Revenue, Industries and Production, Muhammad Hammad Azhar, at the Finance Division today. Mr. Ishii Kensuke, Commercial
April 15, 2021: The Securities and Exchange Commission of Pakistan (SECP) has launched a facility on its eService portal for online submission of statutory Form-45, required to submit the declaration of ultimate beneficial ownership (UBO),
April 15, 2021 (MLN): Pakistan’s economy is still in the phase of recovery after a brutal hit of COVID-19 and portraying commendable improvement in many economic indicators. While many sectors are already benefitting from this
Apr 15, 2021: The overall production of petroleum commodities has witnessed an increase of 7.94 percent during the eight months of the financial year 2020-21 as compared to the corresponding period of last year. The
April 15, 2021: The present government has pursued a market-based exchange rate system which has brought transparency to the system and ended the monopoly in the exchange market. According to officials, the Market-based exchange rate
April 15, 2021: The President of the Republic of Uzbekistan H.E. Mr Shavkat Mirziyoyev and Prime Minister of the Islamic Republic of Pakistan H.E. Mr Imran Khan held their first Virtual Summit on April 14,
April 15, 2021: Foreign Minister Shah Mahmood Qureshi has said Pakistan offers a pivotal geo-economic location, regional connectivity, a huge consumer market, and skilled youth to investors. Inaugurating Pakistan's country presentation at the virtual Sustainable
April 14, 2021: The Medium-Term Budget Strategy Paper for FY 2021-22 to FY 2023-24 has been formulated with a focus on sustainable growth, job creation, protection of vulnerable segments of society, inflation and price control,
April 14, 2021 (MLN): In a latest development, the Economic Coordination Committee of the Cabinet (ECC) on Wednesday, has withdrawn customs duty on import of cotton yarns to facilitate the Value-Added exporters. This will be
April 14, 2021 (MLN): International Monetary Fund (IMF) is not dictating Pakistan on the autonomy of the State Bank of Pakistan (SBP), said IMF resident representative to Pakistan, Ms. Teresa Daban Sanchez on Wednesday. Speaking
April 13, 2021 (MLN): The total money supply circulating within the economy in February 2021 has been recorded at around Rs25.94 trillion, according to provisional accounts on Monetary Aggregates for the month, maintained by the
April 14, 2021 (MLN): The non-government sector has borrowed another net sum of Rs331.13 million during the week ended April 02, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021 to Rs425.55
April 14, 2021 (MLN): The government of Pakistan has retired Rs30.96 billion during the week ended April 02, 2021, which brings its total net borrowing for the ongoing fiscal year 2021 to Rs638.87 billion. As
April 14, 2021 (MLN): In a recent developing story, IMF’s MD Kristalina Georgieva commented that they are going to discuss the issuance of an additional USD650 billion IMF’s quasi currency known as Special Drawing Rights
April 13, 2021 (MLN): The overall output of LSMI increased by 7.45% for July-February 2020-21 compared to July – February 2019-20. According to data released by the Pakistan Bureau of Statistics, the LSMI output increased
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