Search
Close this search box.
Search
Close this search box.

Business

ABL Reports Over Rs. 13 Billion Profit For First 9 Months of 2021

Allied Bank Limited (ABL) has managed to sustain its profit growth which stood at 4.5% year-on-year from January to September 2021.According to the financial results, the bank’s profit increased to Rs. 13.2 billion by the end of nine months of 2021, as…

Govt Proposes Increase in Support Price for Wheat Crop

The Ministry of National Food Security and Research has proposed an increase in the support price for wheat to support farmers, a national daily reported.Imtiaz Ali Gopang, Food Security Commissioner of the Ministry of National Food Security and Resear…

NADRA to Activate Biometric Verification of Dollar Buyers Tonight

The National Database and Registration Authority (NADRA) will activate the compulsory biometric verification of dollar buyers without any lapse of time.Sources told ProPakistani that despite requests from the exchange companies to the State Bank of Pak…

FBR Notifies Transfer of 6 Senior Customs Officers to Law Ministry

The Federal Board of Revenue (FBR) has relieved from duty six senior customs officers (BS-20 and 21) for joining the Customs Appellate Tribunal as members in Karachi, Islamabad, and Quetta.According to a notification issued by FBR on Wednesday, the Boa…

Current Account Records a Whopping $3.4 Billion Deficit in Q1 FY22

Pakistan’s current account recorded a massive deficit of $3.4 billion in the first quarter of FY2021-2022 owing to the increasing trade deficit in tandem with the high imports bill during the period from July to September in 2020.According to the State…

Rupee Crashes to Unforeseen Record Low Against the US Dollar

The Pakistani Rupee crashed to a record low against the US Dollar today. PKR depreciated by 1.60 against the dollar and closed at 172.78 after touching an intra-day low of about 173.This comes after hitting consecutive record lows against the US Dollar…

Govt revises prices of petroleum products

The government has increased the prices of petroleum products in view of their increase in the global market.According to the notification issued by the Finance Ministry, the price of petrol has been increased by 10.49 rupees per liter, high speed die…

RECENT NEWS

Copyright © 2024 Pakistan Press Release Point. All rights reserved.