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“Strengthening Pakistan’s Digital Future: PTCL’s Africa-1 Submarine Cable Set to Transform Connectivity”

Pakistan Telecommunication Company Ltd (PSX: PTC) is set to host a groundbreaking ceremony on February 22, 2025, marking the arrival of the high-capacity Africa-1...

CPI Inflation declined to 4.9% in November

Pakistan's inflation rate has taken a stunning nosedive, hitting 4.9% in November—the lowest since April 2018! This marks a sharp turnaround from the 7.2%...
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Commodities
News Desk

Gold prices in Pakistan decline for second consecutive day

Gold prices in Pakistan continued to decline for the second consecutive day after the rupee made massive gains against the dollar on Tuesday.  According to...
News Desk

Pakistan vows to fulfil IMF promises after averting default threat

Prime Minister Shehbaz Sharif said Wednesday that Pakistan would fulfill its commitments made to the International Monetary Fund (IMF) to secure a short-term financing...
News Desk

Power sector circular debt tops Rs2.64tr

The power sector circular debt has reached a staggering amount of Rs2.646 trillion by the end of May 2023, registering an increase of Rs394...
News Desk

Avanceon has secured a Multi-Million Dollar contract in Middle East region

Avanceon Ltd (PSX: AVN) in a notification to the PSX, announced that Avanceon Automation & Control W.L.L Qatar, subsidiary of Avanceon Limited has been...
News Desk

BOP bought Punjab Capital Securities from FPJM

First Punjab Modaraba (PSX: FPJM) in a latest notification to the PSX has announced that it has sold its 100% shareholding in a wholly...
News Desk

CPI Inflation clocked in at 29.4% in June 2023

CPI Inflation in June 2023 clocked in at 29.4% YoY as compared to 38.0% in May 2023 and 21.3% YoY in June 2022. On...