June 22, 2022: Indus River System Authority (IRSA) Wednesday released 185,100 cusecs water from various rim stations with an inflow of 173,523 cases. According to the data released by IRSA, the water level
June 22, 2022: Equities struggled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears continuing to build as central banks hike interest rates to combat decades-high
June 22, 2022 (MLN): Pakistan is now one more step closer to the IMF deal as the major development surfaced on Tuesday night wherein Pakistan side and IMF reached an understanding on the
June 21, 2022 (MLN): Auto assemblers in Pakistan will likely witness a delay in the import of CKD kits in near terms after SBP’s downward revision of import transaction approval limit to $100,000
Jun 21, 2022: Pakistan and Iran inked an agreement for additional supply of 100 MW electricity to Balochistan on Tuesday at Tehran (Iran). The agreement was signed by officials of National Transmission and
Jun 21, 2022: The Federal Cabinet on Tuesday approved issuance of the Ijara Sukuk bonds in the domestic and international markets to support the government’s budgetary position and promote Islamic banking industry in
Jun 21, 2022: Federal Minister for Economic Affairs, Sardar Ayaz Sadiq Tuesday said the government had focused on current debt situation and accepted the challenge. The Ministry of Economic Affairs, in collaboration with
June 21, 2022 (MLN): The State Bank of Pakistan (SBP) on Tuesday clarified that it has not stopped import payments and that commercial banks have sufficient dollar liquidity to execute these payments. Taking
June 21, 2022 (MLN): With the highest ever daily inflow of $57 million today, the total deposits in Roshan Digital Account (RDA) have crossed $4.5 billion, “Today marks yet another historic day in
Jun 21, 2022: Prime Minister Shehbaz Sharif on Tuesday said the government would introduce a targeted subsidy on essential items including flour, sugar, edible oil, pulses, and rice during the current fiscal year.
June 21, 2022 (MLN): The discussion between Pakistan and the International Monetary Fund (IMF) for the resumption of the loan program is expected to start tonight, official sources from Finance Ministry told. After
June 21, 2022 (MLN): Due to strong economic expansion, financial sector of Pakistan manifested steady performance in CY21 while its financial and operational resilience remained intact, the State Bank of Pakistan (SBP)’s annual
June 21, 2022: Prime Minister Muhammad Shehbaz Sharif Tuesday said that they had inherited severe economic crises from the previous government, but with hard work and dedication, the collation government would steer the
June 21, 2022 (MLN): Federal Minister for Finance and Revenue Mr. Miftah Ismail assured the delegation of the DHA Estate Agents Association headed by Chief Patron Mian Irfan Asad to consider the relief
Jun 21, 2022: Central Directorate of National Savings (CDNS) on Tuesday attained the target of issuing Rs1100 billion fresh bonds in the last 11 months of current fiscal year 2021-22, from July 1st
January 21, 2022: Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry on Friday urged the government to take measures for maximum facilitation of exporters as the export-led growth was a good option for
January 21, 2022 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined group edged lower by 0.06% for the current week ended January 20, 2022, weekly data released by the Pakistan Bureau of Statistics
January 21, 2021 (MLN): The National Accounts Committee (NAC) yesterday announced the rebasing of prices used for the calculation of Gross Domestic Product (GDP) to 2015-16 from 2005-06, which expanded the size of the economy
January 21, 2022: The central bank expects digital banks to promote financial inclusion by providing affordable financial services to unserved and underserved segments of society, Dr. Reza Baqir, Governor State Bank of Pakistan said in
January 21, 2022 (MLN): The Monetary Policy Committee (MPC) committee’s meeting is due next week with the markets expecting status quo in policy rate announcement. To recall, the State Bank of Pakistan (SBP) in the
January 21, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs430.5 billion into the market for 7 days at 9.9 percent. Summary of OMO Result
January 20, 2022: President Dr Arif Alvi called for adopting comprehensive solutions for the effective management of water in the country while chairing a meeting on the employment of integrated satellite communication and artificial intelligence
January 20, 2022 (MLN): The privatisation board was informed that six parties submitted statements of qualification for the revival of Pakistan Steel Mills and a prequalification committee was formulated to scrutinize the pre-qualified parties, said
January 20, 2022 (MLN): Pakistan Sri Lanka Free Trade Agreement (PSFTA) has contributed moderately to the enhancement of bilateral trade volume therefore the real potential of bilateral trade is still required to be achieved, Sri
January 20, 2022 (MLN): Mr Asif Inam, Chairman All Pakistan Textile Mills Association, Southern Zone has requested Prime Minister of Pakistan, Mr Imran Khan’s intervention to save the export-oriented textile industry of Sindh and Baluchistan
January 20, 2022 (MLN): The foreign exchange reserves held by the country dipped by $551.7 million or 2% WoW to stand at $23.35 billion during the week ended on January 14, 2022, compared to $23.9
January 20, 2021: Khawaja Shahzeb Akram, Acting President FPCCI, has proposed a non-political, inclusive, sustainable and legally-binding charter of the economy to forge an across the board contract and unflinching commitment towards economic growth, development
January 20, 2022: The Ministry of Information Technology has set a target to establish 18 more Software Technology Parks by the end of December 2022, aimed at providing space, related facilities and services to IT
January 20, 2022 (MLN): National Accounts Committee (NAC) approved the revised estimate of GDP growth for 2020-21 which was 5.37% when compared to the base year 2005-6. This is the second-highest growth in the last 14 years,
January 20, 2022: The oil and gas Exploration and Production (E&P) companies, operating in different parts of the country, have drilled around 217 wells including 87 exploratory and 130 appraisals and development during a 40-month
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