Fauji Fertilizer Company Managing Director and CEO Jahangir Piracha called on the Federal Minister for Industries and Production Rana Tanveer Hussain on Wednesday.

Piracha informed the minister that the Fertilizer Manufacturers of Pakistan Advisory …

Federal Minister for Power Sardar Awais Ahmad Khan Leghari Wednesday said that no talks have taken place with the International Monetary Fund (IMF) regarding an increase in the power tariff.

In a message posted on X, the minister labelled news of an…

Federal Minister for Finance Muhammad Aurangzeb chaired a meeting to address the challenges confronted by the industrial sector pertaining to energy on Wednesday.

The primary agenda was to discuss and devise solutions for addressing the power sector…

The federal government has informed the International Monetary Fund (IMF) that it expects circular debt to increase by Rs. 150 billion to reach Rs. 2.5 trillion by the end of the current fiscal year, Energy Ministry sources told ProPakistani.

This m…

The Pakistani rupee (PKR) was bearish against the US Dollar today after opening trade at 278 in the interbank market.

It was largely stable but closed in red against the greenback. It also plunged against other major currencies during today’s sessio…

Investment research firm and stock markets index provider Morgan Stanley Capital International (MSCI) has added one Pakistani-listed company to its indices.

The National Bank of Pakistan (NBP) has been added to the MSCI FM Standard Pakistan Index.

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The federal government is likely to increase an advance tax on cash withdrawal by non-filers from banks in the next fiscal year budget.

Sources told ProPakistani that this tax proposal has been discussed with the IMF team in recent ongoing negotiati…

There has been a change in the acquiring entities of Engro Powergen Qadirpur Limited (PSX: EPQL) who want to purchase 68.89 percent of its equity, manager to the offer Arif Habib Limited informed the main bourse on Wednesday.

‘We, Arif Habib Limited…

The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.

It was largely stable and closed in green against the greenback. However, it managed to post some gains against other major currenci…

The government has decreased the rates of profit on national savings certificates and schemes by up to 24 bps.

The profit rates have been decreased on Bahbood Savings Certificates (BSC), Defence Savings Certificates (DSC), Pensioner Benefit Account …