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Economy

CPI Inflation Sky-Rockets to 21.3% in June

News Desk -
CPI Inflation increased by 21.3% on YoY basis during the month of Jun'22 as compared to an increase of 13.8% in May'22 &...
Economy

Current Account Deficit surged by 131% on MoM basis

News Desk -
Pakistan’s current account deficit clocked in at $1.425 billion in May 2022, compared to the deficit of $640 million recorded in May, 2021. The CAD...
Economy

#Just-In: PM has imposed 10% Super Tax on Large Scale Manufacturing Industries

News Desk -
Prime Minister Shahbaz Sharif on Friday said that the government has decided to impose a 10% super tax on large-scale manufacturers including oil, fertiliser,...
Economy

Foreign Direct Investment recorded Net Inflow of $170.6Mn in April, 2022

News Desk -
The Foreign Direct Investment (FDI) recorded an inflow of $170.6Mn during the month of April against the outflow of $30.4mn recorded in March 2022. While...
Economy

Pakistan’s Current Account Deficit shrinks by 39% MoM to $623Mn in April

News Desk -
Pakistan reports Current Account Deficit of US$623Mn during the month of Apr‘22 as compared to a deficit of US$1,015 mn in Mar’22. The decline...
Economy

Round 7: Pakistan and IMF starts Virtual discussion for the Extended Fund Facility (EFF)

News Desk -
The International Monetary Fund (IMF) and Pakistan would start two weeks long virtual discussions on 7th review of Extended Fund Facility (EFF) from today...
News

Supernet has entered into multiple contracts with ZTBL worth Rs450Mn

News Desk -
TELE in a latest notification to PSX announced that its subsidiary Supernet Limited has been awarded multiple contracts worth PKR 450 million by Zarai...
Economy

Petrol Prices Skyrocket: Hit a Record High of Rs. 159.86/ltr, increased by Rs. 12.3 per litre

News Desk -
The government has jacked up the price of petrol by Rs12.3, taking it to a record high of Rs159.86 per litre as a global...
News

Avanceon secured the Largest Commercial Infrastructure Project Under its Building Technologies Banner to Date

News Desk -
Avanceon Group of Companies has secured the largest commercial infrastructure project in its history. The contract has been awarded to Avanceon Limited and Avanceon FZE...
News

SAZEW: Three-Wheelers Sales surged by 372% on MoM basis in Jan’22

News Desk -
In a latest notification to the Stock Exchange, the Sazgar Engineering Works Limited (PSX:SAZEW) announced the production & sales data for the month of...
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