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Scientists Develop Solar Cell Having World Record Efficiency

Scientists from the National University of Singapore have unveiled a groundbreaking achievement in solar cell technology with the development of a novel triple-junction perovskite/Si tandem solar cell. This innovative cell boasts a certified world-re…

Bank Alfalah Makes Bid to Acquire Majority Shares of Samba Bank

Bank Alfalah Limited (PSX: BAFL) through its manager to the offer has made a public announcement of intention to buy an 84.5 percent stake in Samba Bank Limited (Samba), the bank informed the main bourse.

‘Arif Habib Limited, Manager to the Offer, h…

Only 4 Companies Digitally Selling Insurance in Pakistan: SECP

The Securities and Exchange Commission of Pakistan has issued a report titled ‘Unlocking the Potential of Micro and Inclusive Insurance in Pakistan,’ which provides an overview of the current landscape and vast untapped potential market for inclusive…

Pakistan’s Imports from India Jump 48% in March 2024

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…

Most Pakistanis See Near-Term Rupee Recovery A Disaster

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…

PKR Falls Second Day in a Row Against US Dollar

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…

IMF Projects Pakistan’s Economy to Grow by 3.5% in FY25

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…

Production of Petroleum Products up 4% in 8 Months of FY24

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…

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