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SBP Cuts Interest Rate to 17.5%

SBP Cuts Interest Rate to 17.5%

The State Bank of Pakistan's Monetary Policy Committee (MPC) announced a significant cut in the key policy rate, reducing it…

2 years ago

Govt Hikes Electricity Prices by Rs 1.74/Unit

The federal government has announced an increase in electricity prices by Rs 1.74 per unit, effective immediately. According to the…

2 years ago

BF Biosciences Plans to Raise Rs1.38 bn to 1.93 bn in Sept. 2024 through IPO

BF Biosciences Limited looks to raise 1.38 bn to 1.93 bn through issuing 28.3% new shares through an Initial Public…

2 years ago

Entrepreneurs and Freelancers Urge Immediate Action on Internet Disruptions in Pakistan

Entrepreneurs, freelancers, and online businesses are voicing serious concerns over the ongoing internet disruptions across Pakistan and have warned of…

2 years ago

Punjab Withdraws Rs14/Unit Electricity Subsidy for ICT Consumers

The Punjab government has decided to withdraw the Rs14 per unit electricity subsidy for consumers in Islamabad Capital Territory (ICT),…

2 years ago

Bank Alfalah Partners with UnionPay International(UPI) to Launch Co-Badge PayPak Debit Cards

Bank Alfalah Limited, one of the largest commercial banks in Pakistan, is pleased to announce a strategic partnership with UnionPay…

2 years ago

Rs92 Billion Collected in Mobile Phone Taxes, 15% Increase in FY 2023-24

Pakistan's government collected Rs92 billion in advance taxes from mobile phone users during the fiscal year 2023-24, marking a 15%…

2 years ago

Govt Renegotiating Power Deals with IPPs: Awais Leghari

Pakistan's government is in talks to renegotiate contracts with independent power producers (IPPs) in a bid to curb "unsustainable" electricity…

2 years ago

Women Dominate State Bank’s Currency Design Contest, Winning Top Prizes

Women have emerged as the top winners in the State Bank of Pakistan’s (SBP) competition to design new currency notes,…

2 years ago

Finance Minister Assures Support to Foreign Investors

Finance Minister Senator Muhammad Aurangzeb has assured foreign investors of the government's full support in facilitating their business ventures in…

2 years ago