Wheat prices crash in Punjab as farmers are forced to sell below the government’s minimum support price of Rs. 3,900 per 40 kg, farmers to lows of Rs. 3,200, while private buyers are offering Rs. 3,600 per 40 kg.
The crash is reflected in the wholes…
Former Chairman of the Senate Mian Raza Rabbani has strongly criticized the privatization process of Pakistan International Airlines (PIA), labeling it as elitist and unconstitutional.
In a press release, Senator Rabbani said PIA falls under the Fed…
The Pakistan Telecommunication Authority (PTA) is making a big leap towards sustainability with a nationwide solar power initiative.
The authority announced plans to equip all its buildings across Pakistan with solar panel systems, significantly red…
The overall Large-Scale Manufacturing (LSM) sector has shown a growth of -0.51 percent during the first eight months (July-February) 2023-24 when compared with the same period of last year, says Pakistan Bureau of Statistics (PBS).
The Large Scale M…
The petroleum products production witnessed an increase of 3.82 percent during July-February 2023-24 as its indices went up to 92.74 from 89.33 during July-February 2022-23, says Pakistan Bureau of Statistics (PBS).
Petroleum products production wit…
The International Monetary Fund (IMF) has projected GDP growth rate for Pakistan at 2 percent for the current fiscal year 2024 compared to -0.2 percent in fiscal year 2023, and projected decline in inflation from 29.2 percent to 24.8 and unemployment…
The Pakistani rupee fell second day in a row against the US Dollar after opening trade at 278 in the interbank market.
It was bearish against the greenback today.
The interbank rate stayed at 279 most of the day before closing at the 278 level. Ope…
Most Pakistanis see any near-term big gains for the Pakistani Rupee (PKR) against the US Dollar as a disaster and would predict it fall below 300/$.
Thanks to a highly contentious report ProPakistani did last week on predictions for the PKR, the cha…
Prime Minister Shehbaz Sharif has approved a summary to remove the 65-year age limit for appointments at federal ministries/divisions and directed relevant authorities to present the proposal to the federal cabinet for approval, well-informed sources…
Pakistan’s imports from India jumped to $278 million in March 2024, up by 48 percent on a year-on-year (YoY) basis compared to $185 million in the same period last year despite Islamabad’s embargo on trade with India.
It is pertinent to mention here…
